NexGen Discovers New High-Grade A4 Shear Zone at Rook I

NexGen Energy (TSXV:NXE) announced radioactivity results from its ongoing summer 2015 drill program at its Rook I property in the Athabasca Basin. The company also discovered a new high-grade A4 shear zone through hole  AR-15-58c1.
As quoted in the press release:

The reported results are highlighted by hole AR-15-58c1 which was drilled 53 and 80 m southwest from AR-15-44b and -49c2, respectively. Hole AR-15-58c1 intersected a higher grade sub-zone within the A2 core which has a strike length of 113 m that is characterized by substantial accumulations of dense massive and semi-massive pitchblende mineralization in drill holes AR-15-49c2, -44b, -58c1, and -54c1 (see Figure 3 and Table 1 for cps readings).
In addition, hole AR-15-58c1 has discovered a new zone of visible high-grade uranium mineralization in what has now been named the “A4 shear”. The Arrow zone is currently comprised of four high-grade shear zones; A1, A2, A3 and A4 that are sub-parallel to each other in sequential order from northwest to southeast.
Further, drill holes AR-15-56c2 and -57c2 both intersected significant visible high-grade uranium mineralization in the A3 shear. The expanded five rig 30,000 m summer 2015 drill program continues with the Company focusing on further defining the area captured within holes AR-15-49c2, -44b, -58c1 and -54c1 as well as infilling the A2 through A4 southwest extensions at Arrow.

Leigh Curyer, CEO of NexGen, commented:

Even with employing a drilling methodology designed to systematically test Arrow, it continues to return outstanding results. The drilling program is still in the stage of broadly testing the area of mineralization and yet is regularly producing world class intercepts. The particularly encouraging factor amongst many, is the relatively wide distance between a number of holes that intersect substantial dense massive pitchblende. In addition, with the discovery of the A4 shear along with Bow and some highly prospective targets on the Derkson corridor, we are looking ahead eagerly to what the future holds not only for Arrow but for the Rook I property as a whole. With our cash balance of C$23 million we are fully funded through 2016.

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