ENERGY MINERALS

NexGen releases PEA for Arrow

Vancouver-based NexGen Energy (TSX:NXE) has used a US$50/lb long-term uranium price and 8% discount rate to generate NPV of C$3.49 billion and a 56.7% IRR in the preliminary economic assessment (PEA) for Arrow at its wholly owned Rook I project in Saskatchewan.

NexGen releases PEA for Arrow

Annual production for the Athabasca Basin project was put at an annual average 27.6 million lb U308 for the first five years, and 18.5Mlb life of mine, estimated at 14.4 years. Arrow could generate provincial...

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