Canadian Mining Journal

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Southwest Athabasca heating up thanks to NexGen, Fission

VANCOUVER – Two companies with neighbouring uranium properties released stellar drill results on the same day, stoking excitement that the long overlooked southwest edge of the Athabasca Basin hosts significant uranium at shallow depths.



VANCOUVER – Two companies with neighbouring uranium properties released stellar drill results on the same day, stoking excitement that the long overlooked southwest edge of the Athabasca Basin hosts significant uranium at shallow depths.

The results were good enough that NexGen Energy’s (TSXV: NXE) share price immediately doubled while an analyst described Fission Uranium’s (TSXV: FCU) hit as “the most significant hole ever drilled in the Athabasca Basin and, perhaps, globally.”

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