NexGen Confirms Multiple Zones of Mineralization at South Arrow

NexGen Energy Ltd. (TSX:NXE) reported assay results for the final 31 holes from South Arrow as part of a recently concluded summer drilling program on its Rook I property in the Athabasca Basin, Saskatchewan.
As quoted in the press release:

All assay results from the recently discovered shallow mineralization at South Arrow have been returned and interpreted. Located just 400 m south of the Arrow Deposit, South Arrow consists of a series of sub-parallel stacked mineralized shears locally anchored by accumulations of semi-massive to massive pitchblend where uranium mineralization has been intersected over a strike length of 290 m.
South Arrow Highlights

• AR-17-166c1 intersected 20.5 m at 1.19% U3O8 (182.0 to 202.5 m) including 3.5 m at 6.21% U3O8 (191.5 to 195.0 m) and an additional 24.5 m at 1.46% U3O8 (212.5 to 237.0 m) including5.0 m at 4.21% U3O8 (221.0 to 226.0 m) and 4.0 m at 3.33% U3O8 (229.5 to 233.5 m) Drill hole locations and a South Arrow long section are shown in figures 1 and 2.
• AR-17-160c1 intersected 13.0 m at 2.18% U3O8 (221.5 to 234.5m)Assay results for the final 28 drill holes from the Arrow Deposit remain pending.including 4.0 m at 6.79% U3O8 (227.0 to 231.0 m) and an additional 19.5 m at 0.34% U3O8 (191.5 to 211.0 m) including4.0 m at 1.01% U3O8 (201.5 to 205.5 m).
• AR-17-163c1 intersected 22.5 m at 1.07% U3O8 (241.0 to 263.5m) including 3.9 m at 5.56% U3O8 (256.4 to 260.3 m).
• AR-17-178c1 intersected 11.0 m at 2.17% U3O8 (149.0 to 160.0 m) including 3.5 m at 6.73% U3O8 (150.5 to 154.0 m) only 142 m below surface.

Garrett Ainsworth, vice president, exploration and development, commented:

These South Arrow assay results confirm multiple high grade uranium mineralized shears encompassed within a robust alteration halo. Mineralization at South Arrow has been encountered over a strike length of 290 m and a vertical extent of approximately 300 m and remains open in most directions. Taking into consideration the size and extent of the alteration halo surrounding uranium mineralization, results of geochemistry and the clay analysis which shows a strong presence of pathfinder elements, additional drilling is planned during winter 2018 at South Arrow.

Click here to read the full NexGen Energy Ltd. (TSX:NXE) press release.