NexGen Energy Says Assays Highlight Continuity of High-Grade Subdomain at Canada Discovery
MT Newswires Live
May 08
NexGen Energy (ASX:NXG) said assays highlighted the expansion and continuity of the high-grade subdomain at its Patterson Corridor East (PCE) discovery in Canada, according to a Friday Australian bourse filing.
It encountered intercepts of 13 meters at 5.2% grade of triuranium octoxide, including 0.5 meters at 30.2% grade of triuranium octoxide, at 400 meters below surface, as well as 10 meters at 3.95% grade of triuranium octoxide, including 0.5 meters at 33.3% grade of triuranium octoxide, at 670 meters.
Around 29,241.8 meters of the planned 42,000 meters of exploration drilling is scheduled to resume the week of May 25.
Its shares fell 2% in recent trading on Friday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.