Past year: ▼ 7%(12.42 – 17.40 CAD)
Each one in plain English, with the numbers worked through for a shareholder.
25 July 2017drilling result▲ GoodMajor
Final winter assays: step-out hole AR-17-136c2 cut 13.5 m at 9.58% U3O8 including 5.0 m at 23.49%, forty metres outside the resource boundary in the A3 shear. In the Southwest Gap, ground excluded from the March 2017 estimate, AR-17-131c3 returned 21.5 m at 2.51% including 7.0 m at 4.68% and AR-17-131c4 22.5 m at 1.67%, joining the 180 m Southwest area to the Arrow deposit. Two holes 300 m southeast of Arrow returned only anomalous values.
12 July 2017drilling result▲ GoodMajor
Winter 2017 assays from Arrow, where NexGen's cached record begins - the deposit was found in 2014, before this database's coverage. Twenty-five holes returned intercepts such as 33.0 m at 4.58% U3O8 including 11.0 m at 8.78%, 49.0 m at 2.93% including 12.0 m at 10.35%, and 62.0 m at 1.27% including 12.0 m at 5.13%, against a standing estimate of 179.5 million lb U3O8 indicated in 1.18 Mt at 6.88%. A 25,000 m summer program with seven rigs starts, six of them on Arrow and one on a new target 300 m to the southeast.
