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Nexgen Energy Ltd T.NXE

Alternate Symbol(s):  NXE

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

Bullboard Posts
Comment by shrinkon Feb 27, 2017 7:50am
206 Views
Post# 25897144

RE:Another New Area. Just keeps Giving. Note SHALLOW depth.

RE:Another New Area. Just keeps Giving. Note SHALLOW depth.I sure hope this gives Fission share holders a bump in sp. Many have been in the dog house for too long. Unfortunately it would not surprise me if the sp remained stagnant. Dev stated in one of his last interviews that if a new zone was found they may look at additional financing. That would be nasty for a company with over 1/2 billion shares already and a stagnant sp.
rarb123 wrote: Fission Discovers New Area with 660m Step out West of R840W KELOWNA, BRITISH COLUMBIA--(Marketwired - Feb 27, 2017) - FISSION URANIUM CORP. (FCU.TO)(FCUUF)(2FU.F) ("Fission" or "the Company") is pleased to announce results from ten holes at its' PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region: five holes drilled on the R1620E zone, three drilled on the R840W zone and two regional holes drilled 660m west of the R840W zone, towards the high-grade boulder field. Drilling Highlights Include: Potential new area discovered: Regional drilling (hole PLS17-514, line 1665W) has hit mineralization on a 660m step out from R840W zone, with 1.0m anomalous interval (117.5m - 118.5m) with a peak of 3200cps over 0.5m. Expansion of R840W land-based, shallow and high-grade zone: Three holes on R840W have returned strong results and high-grade intervals. Expansion of R1620E shallow and high-grade zone: five holes on R1620E have returned wide mineralization. All nine holes were mineralized, with four returning high-grade intervals. These include: Hole PLS17-517 (line 765W) 52.5m mineralization (between 104.0m - 156.5m), including 6.82m of total composite >10,000 cps 52.5m mineralization (between 104.0m - 156.5m), including 6.82m of total composite >10,000 cps Hole PLS17-521 (line 795W) 36.0m mineralization in a 49.5m section (between 128.0m - 177.5m), including 4.03m of total composite >10,000 cps 36.0m mineralization in a 49.5m section (between 128.0m - 177.5m), including 4.03m of total composite >10,000 cps Hole PLS17-515 (line 765W) 41.0m mineralization in a 49.5m section (between 141.5m - 191.0m), including 3.86m of total composite >10,000 cps 41.0m mineralization in a 49.5m section (between 141.5m - 191.0m), including 3.86m of total composite >10,000 cps Drilling on the R840W and R1620E zones seeks to grow these newly discovered shallow, high-grade mineralized areas at the west and east end respectively of the 2.63km mineralized trend, for possible inclusion in a future resource estimate update. Ross McElroy, President, COO, and Chief Geologist for Fission, commented, "This is a strong start to our 63 hole winter program. We've expanded the near-surface, high-grade zones at each end of our 2.63km mineralized trend, which is of key importance as we seek to include these in a future resource estimate, planned for later this year. We've also had an exciting hit with our regional drilling, hitting mineralization on a 660m step out from the R840W zone. We consider this to be new area of mineralization and we will be targeting it for aggressive follow-up drilling." Read more at https://www.stockhouse.com/companies/bullboard/v.fcu/fission-uranium-corp?postid=25896969#mUe15Zk3Ra7mwz4f.99


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