NexGen Energy Ltd. (TSXV:NXE) announced further ongoing results from its 100% owned section of the Rook I property in Canada’s Athabasca Basin. The first vertical drill hole at the Arrow zone has returned exceptionally strong mineralization over significant intervals.
As quoted in the press release:
AR-14-30 intersected 186.90 m total composite mineralization including 53.85 m off-scale radioactivity (minimum >10,000 cps to maximum 60,999 cps) within a 287.7 m section (298.3 to 586.0 m).
Continuous off-scale of 5.9 m (537.3 to 543.2 m), and 7.75 m (548.55 to 556.30 m) associated with dense semi-massive to massive uranium mineralization (uraninite and coffinite), which resembles the high-grade uranium mineralization encountered in AR-14-15 (see news release August 7th, 2014).
Drilling of AR-14-30 is still in progress at 637.4 m in weakly to moderately clay and chlorite altered basement rocks with weakly anomalous radioactivity.
NexGen CEO, Leigh Curyer, said:
This is an achievement by the NexGen team. AR-14-30 is a significant step forward in such a relatively short space of time in the development of Arrow. Our continued focus to optimize Arrow remains unabated. The geological basis for the Arrow discovery and the implications it has on the prospectivity of our land package.