NexGen Reports First Results from Winter 2016 Drilling Program

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NexGen Energy Ltd. (TSXV:NXE, OTCQX:NXGEF) announced the first results from our highly anticipated 30,000 m winter 2016 drilling program on our 100% owned Rook I Property, Athabasca Basin, Saskatchewan.

NexGen Energy Ltd. (TSXV:NXE, OTCQX:NXGEF) announced the first results from our highly anticipated 30,000 m winter 2016 drilling program on our 100% owned Rook I Property, Athabasca Basin, Saskatchewan.
Highlights include:

Highlights:
A2 Shear:

  • AR-16-64c2 (30 m up-dip and northeast from AR-15-44b) intersected 76.0 m of total composite mineralization including 26.15 m of total composite off-scale radioactivity (10,000 – >61,000 cps) within a 165.5 m section (414.0 to 579.5 m) including 5.5 m of composite radioactivity measuring a minimum of >61,000 cps in the Sub-Zone.
  • AR-16-64c1 (21 m up-dip and southwest from AR-15-49c2) intersected 74.0 m of total composite mineralization including 14.0 m of total composite off-scale radioactivity (10,000 – >61,000 cps) within a 100.0 m section (433.5 to 533.5 m) in the Sub-Zone.

Table 1: Higher Grade A2 Sub-Zone Drill Hole Comparisons

AR-15-
59c22

AR-15-
54c12

AR-15-
58c12

AR-16-
63c1

AR-15-
621

AR-15-
44b2

AR-16-
64c2

AR-16-
64c1

AR-15-
49c22

AR-15-
57c32

Total composite mineralization =

75.50 m

42.00 m

86.00 m

55.50 m

143.00 m

135.60 m

76.00 m

74.0 m

73.50 m

62.50 m

Total Off-scale (>10,000 to 29,999 cps)3 =

11.40 m

5.90 m

14.30 m

6.85 m

17.75 m

30.25 m

15.95 m

10.30 m

15.70 m

4.40 m

Total Off-scale (>30,000 to 60,999 cps)3 =

4.50 m

3.00 m

3.85 m

0.50 m

10.60 m

7.75 m

4.70 m

3.70 m

5.20 m

2.50 m

Total Off-scale (>61,000 cps)3 =

1.00 m

0.50 m

2.00 m

0.00 m

2.00 m

1.50 m

5.50 m

0.00 m

2.15 m

1.80 m

Continuous GT (Grade x Thickness) =

371

277

200 and
345

Assays
Pending

787

655

Assays
Pending

Assays
Pending

605

319

1 radioactivity results previously released

2radioactivity and assays results previously released

3 minimum radioactivity using RS-120 gamma spectrometer

.

Garrett Ainsworth, Vice-President, Exploration and Development, commented:
These first radioactivity results of the winter program are simply exceptional. They highlight the continuity of the higher grade A2 sub-zone, established by substantial massive to semi-massive pitchblende, and consistent true width.  Hole AR-16-64c2 has a similar radioactivity profile to AR-15-49c2 (returned continuous GT of 605), except it has more than double the minimum >61,000 cps of 5.5m. Further, the results in the A3 are very exciting with respect to defining the higher grade zones within this shear.
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