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NexGen Energy (TSXV:NXE) has announced assay results for eight angled holes from its winter 2016 drilling program on is 100 percent owned Rook I property in the Athabasca Basin. As quoted in the press release: Assay results from the higher grade A2 Sub-Zone (“Sub-Zone”) have yet again confirmed strong uranium grades over significant intervals at …
NexGen Energy (TSXV:NXE) has announced assay results for eight angled holes from its winter 2016 drilling program on is 100 percent owned Rook I property in the Athabasca Basin.
As quoted in the press release:
Assay results from the higher grade A2 Sub-Zone (“Sub-Zone”) have yet again confirmed strong uranium grades over significant intervals at the Arrow Deposit. Hole AR-16-78c4 which was drilled 59 m up-dip and northeast of hole AR-15-44b has returned 37.5 m at 17.60% U3O8 including 5.5 m at 60.14% U3O8 and 1.5 m at 71.93% U3O8. This intersection represents a continuous grade x thickness (“GT”) of 660, the fourth highest at Arrow. Within the A2 shear drill hole AR-16-78c4 returned a total composite GT of 834.
Additionally, drill hole AR-16-76c4 returned 68.0 m at 2.09%U3O8 including 14.5 m at 5.08% U3O8 and an additional section of 32.0 m at 1.97% U3O8 including 10.0 m at 5.15%U3O8. Of key importance, high grade mineralization encountered in both holes waslargely intersected outside the current limits of the A2 High Grade Domain (see Figure 1). Assay results for23 holes at Arrow remain pending.