SW2, Canada / Uranium
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One of the largest development stage uranium projects in Canada
Early stage
Uranium
NexGen
Canada
Royalty rate and type
2% NSR
Ecora has a 2% NSR royalty over part of the Athabasca Basin in Saskatchewan, Canada. NexGen Energy Ltd has recently released drillhole results in a new intense uranium mineralization zone on its SW2 property which is 3.5km east of NexGen’s Arrow deposit which forms the basis of the Rook 1 project. The new occurrence falls within Ecora’s royalty area.
Rook 1 is the largest development stage uranium project in Canada. Drilling activity is being fully dedicated to this new discovery to advance NexGen’s understanding of the scope and scale of mineralisation. There are numerous similarities in geology and setting to Arrow. Exploration is predominantly open in all directions including over 1.5km along strike.