NexGen Energy Ltd. (TSXV:NXE) received final assay results from its winter drilling programs at Rook 1, and the Arrow prospect. The results extend the actual zones of uranium mineralization, with all eight holes containing composite assay intervals exceeding baseline parameters.
As quoted in the press release:
Assays confirm all 8 holes at Arrow contain uranium mineralization
Multiple parallel steeply dipping high grade uranium mineralization zones within broader mineralized zones
Continuity of uranium mineralization between holes on each cross section
RK-14-30 intersected 30 individual zones of uranium mineralization totaling 124.1 meters at 0.68% U3O8 weighted average
RK-14-27 maximum continuous intersection of 29 meters at 1.04% U3O8
Andrew Browne, NexGen’s Vice-President, Exploration and Development, commented “The actual uranium assays at Arrow are outstanding in terms of the location of uranium, the high grade, thickness, and continuity between holes on sections. Based on these initial assay results and our current geological interpretation of Arrow’s distinctive characteristics, we are very confident with respect to the potential of Arrow to host substantial bulk tonnage basement mineralization.”
NexGen Energy CEO, Leigh Curyer, said:
The Arrow assay results have far exceeded a realistic expectation of where the program was anticipated to be in such a short space of time. Arrow is shaping up to be a special uranium deposit in its own right. The core NexGen technical team of Andrew Browne, James Sykes and Matthew Schwab are constantly raising the industry standard in their approach, technical ability and commitment to uranium discovery in the region. I would like to also take the opportunity to acknowledge our consultants contribution to Arrow in Allan McNutt, J Allan McNutt Consulting Inc, and Rod Koch, Koch Geophysical Consultants. Well done to all.