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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

Energy
NexGen Energy Ltd. is a Canadian company focused on delivering clean energy fuel for the future. It is engaged in the acquisition, exploration and evaluation and development of uranium properties in Canada. It is focused on optimally developing the Rook I Project. It has a portfolio of highly prospective projects, including its 100% owned Rook I property that is host to the high-grade Arrow Deposit, South Arrow, Harpoon, Bow, and the Cannon area. The Rook I Project is a development-stage uranium project in Canada. The new underground mine and mill development is located in the uranium-rich district of the southwestern area of the Athabasca Basin, located in Saskatchewan. Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery. The Rook I Project, host of the Arrow Deposit, which is a development-stage uranium project in Canada and is 100% owned by NexGen Energy Ltd. The Rook I property hosts the Harpoon Discovery located 4.7 km northeast of the Arrow Deposit.


TSX:NXE - Post by User

Nexgen Energy Ltd
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Comment by SASKEXPRESSon Sep 28, 2016 7:51pm
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Post# 25288526

RE:On the road to a Billion Pound Resource (Half Way There!)

RE:On the road to a Billion Pound Resource (Half Way There!) Thanks for posting! There is an important caveat to this link.

1) It's well documented that Warren Irwin accurately predicted the 200 million pounds we saw in the maiden resource estimate. If I remember correctly, the highest bank/investment house analyst was 160 million pounds. They were all conservative.

2) Warren Irwin would be using ASSAY results only in compiling his estimate of 350 million pounds. Question that I'm going to answer: How many Summer 2016 holes have we received ASSAY results for? Answer: ZERO!!!! We've only seen scint results from Summer 2016. Any assay results reported this summer were drilled in Winter or Spring 2016.

Conclusion: Warren's 350 million pounds estimate includes data from ZERO Holes from the 35,000 metre SUMMER 2016 drill program!
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Dealroom for high-potential pre-IPO opportunities