URANIUM EXPLORATION
There are about 30 aspects around the recently unveiled maiden preliminary economic assessment (PEA) on uranium exploration junior NexGen Energy’s Arrow deposit, which is part of the Rook 1 project in the south-west of Saskatchewan’s Athabasca Basin, that separates it from its development peers and even the majors. The size and high grade of the Arrow deposit, combined with its location inside competent basin rock, have not been seen in any other major discovery in the basin, and the PEA has confirmed that Arrow will, in today’s terms, be the single largest uranium mine in the world, NexGen VP of corporate development Travis McPherson told Mining Weekly Online in an interview on Thursday.
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