Patient and steadfast uranium investors were given an early Christmas present last week when the Japanese community of Satsumasendai announced approval of the restart of the Sendai nuclear power-plant, the first restart to be approved in Japan since the 2011 Fukushima disaster. In addition, an unusual amount of demand entered the spot market leading up to the announcement of… Continue Reading
Of the 15+ compelling stories told at our first ever Subscriber Investment Summit in Vancouver last week, one that stood out was NexGen Energy (NXE:TSXV), which made a rapidly growing Canadian uranium discovery in 2014 at the Arrow Zone. NexGen’s CEO, Leigh Curyer, previously managed a $500 million private equity fund with the mandate of finding… Continue Reading
Updated at 5:00pm PST. Benjamin Franklin said there were only two things certain in life: death and taxes. In the high stakes mineral exploration business, another sure thing is that your heros are ultimately fallible. I first met Michael Gunning while he was CEO of Hathor Exploration (HAT) in 2011. He gave me a presentation… Continue Reading
One of Canada’s leading uranium explorers announced assay results from a game-changing drill hole this morning. NexGen Energy’s AR-14-30 was the first vertical hole drilled at the Arrow discovery, designed to test the upper and lower vertical limits of the steeply dipping high grade mineralization encountered in hole AR-14-15. “AR-14-30 signals the arrival of Arrow as a significant… Continue Reading
Two of the most compelling junior mining companies in our universe saw considerable insider buying today, a positive sign for investors in both companies. 1. NexGen Energy – NXE.V -$0.405 NexGen Energy is exploring for uranium in the prolific Athabasca Basin at the 100% owned Rook 1 property. Investors are eagerly awaiting assays results from… Continue Reading
After releasing partially completed results from their first vertically drilled hole (AR-14-30) last week, NexGen Energy (NXE:TSXV) announced the results of that completed hole this morning as well as results from two other drill holes that also intersected high-grade uranium mineralization in 50 metre step-outs on the Rook I project. Hole AR-14-30 which was drilled to test the vertical… Continue Reading
Uranium bulls got a potential (and much needed) boost this morning after a strike warning was sent to one of the world’s largest uranium producers which may cause them to close the world’s richest uranium mine, indefinitely. Also, Cormark Securities initiates on NexGen Energy (NXE:TSXV) with an $0.80 per share target price which translates to 45% upside… Continue Reading
After being halted for more than 24 hours, NexGen Energy (NXE:TSXV) informed investors of what news was awaiting dissemination; record total composite off-scale radioactivity from the latest drill hole which is still in progress. The shear size of this intercept, although still being drilled, required a halt until the company could release the results. Drill hole… Continue Reading
For over a year we’ve been following NexGen Energy’s (NXE:TSXV) potential to discover the next high-grade uranium deposit. Last week, we attended the inaugural analyst site visit at their high-grade uranium discovery called Arrow, at Rook I, the company’s Northwest Saskatchewan project in the Athabasca Basin, home to the world’s richest uranium mines. The project… Continue Reading
Coming off their best drill hole to date (AR-14-15 which hit up to 55.8% U308 over 0.45 metres) as well as the inaugural site visit to their Rook I property that had the analyst crowd very excited, NexGen Energy (NXE:TSXV) continued their successful summer program by announcing the next batch of preliminary drill results from… Continue Reading
After releasing initial results that extended the known strike length of mineralization at the Arrow target to 515 metres, NexGen (NXE:TSXV) released this morning the first assay result from their 2014 summer drill program which hit extremely high-grade uranium mineralization. In drill hole AR-14-15 at the Rook I project, two wide intervals of high-grade uranium were… Continue Reading
NexGen Energy, the latest uranium exploration company to discover shallow and high-grade mineralization in the Athabasca region of Saskatchewan, released more impressive results this morning from a summer drilling program at its Arrow target on the Rook I property. After drilling a total of 22 holes, the Arrow target has a mineralized strike length of… Continue Reading
The Athabasca Basin in Northern Saskatchewan, Canada is the most productive uranium producing region in the world, known for its extremely high grade deposits. The latest discovery story to emerge from the Basin is NexGen Energy, which discovered uranium mineralization at their Rook 1 property earlier this year. This morning, NexGen announced initial results from their summer… Continue Reading
When it comes to the junior exploration sector, not much over the past 2 years has peaked investor interest. One large (and high-grade) caveat to this is the Patterson Lake South (PLS) uranium discovery made by Alpha Minerals and Fission Uranium in the fall of 2012. With a ten metre step-out drill hole late in a fall… Continue Reading
This is a supreme vote of confidence for the early stage Arrow Discovery made by NexGen Energy. Garrett Ainsworth, who we profiled last year for making the Patterson Lake South uranium discovery, is leaving the spinout company he, his father and Mike Gunning had landed in after being taken out by Fission last year. Related: How… Continue Reading
