Fission and Nexgen to drill 38,000M on PL Conductors

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Fission and Nexgen to drill 38,000M on PL Conductors

posted on Jan 15, 2015 01:21PM

For long suffering investors looking for progress on the ring of fire, FN and Gov't action, you may want to consider moving some money to Fission Uranium (FCU) and/or Nexgen Energy (NXE).....see hubs on agoracom.

Fission recently annonced a maiden resource of 80M lbs U3O8 (indicated)at it's PLS deposit in the Athabasca basin in Saskatchewan.This is already the 3rd largest U3O8 deposit in the basin and unlike the others starts at 60M and is open pitable.

Nexgen has the Arrow discovery on the same conductive trend and boasts the richest drill hole to date in the Patterson Lake area.The Arrow deposit is located 5-7 km NE of Fissions Triple R deposit.

Fission and Nexgen are drilling 38,000 M on this conductor this winter.

Speculation is that there will be a takeover of one or both these companies soon.

Three anaysts including Dundee have a BUY recommendation and a target of $2.20 on Fission....currently trading at $1.16.

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