NexGen Energy Ltd. (TSX:NXE) announced that it has initiated their 2018 winter drill program at their Rook I property, in the Athabasca Basin, Saskatchewan.
As quoted in the press release:
The winter 2018 program will consist of approximately 25,000 m using eight drill rigs and focus on a number of key objectives. At the Arrow Deposit, drilling will focus on further A3 high grade zone definition, targeting the large untested areas surrounding the A1 – A5 shears, potential extensions of the shears particularly to the north east, and definition of newly discovered high grade mineralization northwest of the A1 shear (see News Release dated January 17, 2018).
At South Arrow, drilling will continue to focus on defining the extent of uranium mineralization in all directions. Further, highly ranked geophysical targets on the Arrow, South Arrow and Mirror conductors will be targeted due to the results of geophysical surveys conducted predominantly in 2016 and 2017.
Leigh Curyer, CEO, commented:
The Company is focusing on multiple objectives in 2018 in parallel to drilling at Rook I. Key personnel appointments in 2017 has placed NexGen in a solid position to advance the various components of the Arrow Pre-Feasibility Study and other studies focused on optimizing the development of Arrow. The winter 2018 drilling will focus on testing in areas that hold high potential for additional mineralized shears, extensions of existing mineralized shears and new high grade sub zones in close proximity to Arrow. Further, drilling at South Arrow located 400 m south of Arrow, will continue to focus on determining the extent of mineralization discovered in 2017. Additionally, the Company will begin to test highly ranked geophysical targets within a 2 km radius of Arrow and along the Patterson Corridor, which is largely unexplored on Rook I, yet hosts four known uranium mineralized zones. We look forward to delivering the results of drilling and the development studies throughout 2018.
Click here to read the full NexGen Energy Ltd. (TSX:NXE) press release.
