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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Post by Rover90on Mar 09, 2017 1:48pm

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Post# 25958761

Expert Comments

Expert Comments:

Jamie Spratt, Clarus Securities (3/7/17) "NexGen Energy Ltd. provided a positive update to its mineral resource estimate at Arrow that showed a growth of ~50% to 302 Mlb U3O8 (prior 202 Mlb) in the global resource and an 89% conversion of Inferred resources to the Indicated category. . .we expect further growth in resources with continued drilling of the Arrow deposit with mineralization remaining open in most directions."

David Davidson, Paradigm Capital (3/7/17) "After only three years of drilling, NexGen Energy Ltd. released an updated NI 43-101 Indicated and Inferred resource at its Arrow deposit of 5.5 Mt grading 2.5% U3O8 for a contained 302 Mlb U3O8. . .the company is well into its planned 35,000m 2017 winter drill campaign, and we remain convinced that additional uranium pounds will be added, albeit at a slower rate than to date."

	Rob Chang, Cantor Fitzgerald (3/6/17) "A PEA on NexGen Energy Ltd.'s Arrow is expected for Q3/17. Moreover, the company is currently assessing whether to commence a drill program underground in order to better understand the deposit when designing a mine plan; NexGen currently has $65M cash on hand which will likely be able to sustain over two full years of exploration drilling."

	David Talbot, Eight Capital (3/6/17) "The latest 301.6 Mlb U3O8 resource estimate at NexGen Energy Ltd.'s Arrow hit our 300 Mlb U3O8 mineral inventory estimate. . .the deposit remains wide open based on management's focus on [the] A2 high-grade shear which now totals 164.9 Mlb or 92% of Indicated resources (the Indicated portion represents 55% of total resources). . .this new resource bodes well for an upcoming PEA."