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NexGen Energy Ltd. (TSXV:NXE) announced that it has began its summer drilling program at the Arrow Zone of its Rook 1 property in the Athabasca Basin. The drill program will use five diamond drill rigs, with two currently operating and the other three expected to begin turning by June 20.
NexGen Energy Ltd. (TSXV:NXE) announced that it has began its summer drilling program at the Arrow Zone of its Rook 1 property in the Athabasca Basin. The drill program will use five diamond drill rigs, with two currently operating and the other three expected to begin turning by June 20.
As quoted in the press release:
The exploration target at Arrow consists of high grade uranium mineralization hosted in basement rocks starting at approximately 100 meters below surface. The Rook I property is prospective both in the immediate area of the Arrow zone, and further along strike (4 km to the NE and 3 km to the SW) from Arrow which is open for potential expansion in all directions. Rook I straddles the edge of the Athabasca Basin boundary which gives rise to not only basement-hosted mineralization targets, but also to unconformity-style and sandstone-hosted mineralization targets with a plethora of northeasterly striking EM conductors existing within largely untested corridors (Derkson, R-Seven, Morrow, Mirror, Laurie) that show favourable breaks and flexures within coincident gravity and magnetic lows.
Two of the three rigs working at Arrow will employ directional drilling methods administered by TECH Directional Services Inc. of Millertown, Newfoundland, who will work closely with diamond drilling contractor Aggressive Drilling Ltd. of Saskatoon, Saskatchewan during the summer program. The implementation of directional drilling at Arrow will allow for precise and systematic testing of the A2 and A3 shears, and is expected to result in significantly increased drilling efficiency in terms of time and total cost.
Leigh Curyer, CEO of NexGen Energy, commented:
The commencement of our summer drilling program which is the largest to date at Rook I, represents an exciting time for NexGen and our shareholders. We anticipate this program to culminate in delivering an initial National Instrument 43- 101 compliant resource at Arrow. The regional targets along are the culmination of a dedicated review of geophysical and historical data and fits well with our team’s focused exploration philosophy.
Click here to read the full NexGen Energy Ltd. (TSXV:NXE)Â press release.