The Conversation (0)
NexGen Energy Ltd. (TSXV:NXE) announced results from its ongoing winter 2015 drill program at the Rook I property, Athabasca Basin of Saskatchewan. Drill hole AR-15-44b hit 190.70 m total composite mineralization including 40.45 m off-scale radioactivity within a 519.0 m section, which substantially expanded the high grade core of the A2 shear. Forty three out of forty five drill holes completed at the Arrow Zone of Rook I to date have intersected uranium mineralization, and according to VP for Exploration Garrett Ainsworth, “Arrow now has significant off-scale mineralization at both the southwest and northeast extents, which we will aggressively follow up on in our summer drill program. Other mineralized intersections from AR-15-42a and -43a continue to confirm continuity, and increase the extents within the high grade cores of the A2 and A3 shears.”
As quoted in the press release:
Highlights:
Angled drill hole AR-15-44b intersected 190.70 m total composite mineralization including 40.45 m off-scale radioactivity (>10,000 to >61,000 cps) within a 519.0 m section (430.5 m to 949.5 m). Hole -44b is located at the presently defined southwest extent of Arrow, and the true width of the A2 shear in this hole is 48.3 m;
Angled drill hole AR-15-43a intersected 92.0 m total composite mineralization including 3.15 m off-scale radioactivity (>10,000 to 60,100 cps) within a 501.5 m section (346.0 m to 847.5 m);
Angled drill hole AR-15-42a intersected 68.9 m total composite mineralization including 1.35 m off-scale radioactivity (10,000 to 49,000 cps) was intersected within a 592.5 m section (142.5 to 735.0 m);
The high grade core of the A2 shear is thus far defined by an 88 m strike length, 340 m vertical extent, and true widths ranging from approximately 11.0 to 48.3 m.
The high grade core of the A3 shear is thus far defined by a 73 m strike length, 420 m vertical extent, and true widths ranging from approximately 30.0 to 78.6 m.
The Arrow zone is currently at an area of 515 x 215 m with the vertical extent of mineralization commencing from 100 to 920 m, and it remains open in all directions and at depth.
43 of 45 drill holes completed at Arrow to date have intersected uranium mineralization (as defined by uranium assay or the presence of >500 cps radioactivity using an RS-125 gamma spectrometer).
Garrett Ainsworth, NexGen’s Vice-President, Exploration and Development, commented “Angled drill hole AR-15-44b has taken the Arrow zone to the next level with almost three times more >61,000 cps total composite off-scale radioactivity than in vertical hole AR-14-30, which is located 76 m along strike to the northeast within the A2 shear. Arrow now has significant off-scale mineralization at both the southwest and northeast extents, which we will aggressively follow up on in our summer drill program. Other mineralized intersections from AR-15-42a and -43a continue to confirm continuity, and increase the extents within the high grade cores of the A2 and A3 shears.
Click here to read the NexGen Energy Ltd. (TSXV:NXE) press release
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