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Stock impact report

F4 Identifies New Conductive Trends at Wales Lake [Yahoo! Finance]

Nexgen Energy Ltd. Common Shares (NXE) 
NASDAQ:AMEX Investor Relations: nexgenenergy.ca/investors/presentation
Company Research Source: Yahoo! Finance
pleased to announce it has identified three new conductive trends on the Wales Lake West Property (see Figure 1) from the 1,031 km of airborne VTEM TM Plus surveying completed at its Wales Lake Project, and deeper interpretation of the data is in progress. The project is in the western Athabasca Basin region of northern Saskatchewan and located approximately 20 km southwest of Paladin's Triple R uranium deposit, and 28 km southwest of Nexgen Energy's Arrow deposit. It lies southwest of multiple conductive corridors, including the Dirkson as well as the Saloon Trend, host to both Nexgen Energy's PCE uranium occurrence and Paladin Energy's recently discovered Saloon East (see Figure 1). Sam Hartmann P.Geo, President and COO, commented: "Now with complete airborne VTEM coverage over the entire project we can continue our exploration process; selecting areas of enhanced conductivity in favorable areas, ground truthing them with ground EM and then drill testing. This process has alread Show less Read more
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