NexGen Energy Ltd. (TSXV:NXE) announced that it has started drilling at the Radio property, which is immediately adjacent to, and on trend approximately 2km east from, Rio Tinto’s Roughrider uranium deposit.
As quoted in the press release:
This initial diamond drilling program is designed to test coincident interpreted anomalies along strike from the Roughrider deposits along the interpreted shear zone towards the centre of the property. Drilling is expected to continue through to late July depending on ground conditions.
NexGen’s CEO, Leigh Curyer, said:
This is a very exciting milestone for the Company. The Radio Project, which was the cornerstone asset for the formation of NexGen, is a highly prospective target due to its structural setting and proximity to several high grade – high tonnage world class uranium deposits. We are pleased to be drilling Radio, the first of two NexGen projects for this summer, three weeks ahead of schedule.