Uranium

NexGen Energy (TSXV:NXE) has reported assay results for four angled holes from its winter 2016 drilling program on its 100 percent owned Rook I property in the Athabasca Basin. As quoted in the press release: Drilling in the A2 shear at the Arrow Deposit continues to deliver strong assay results. Drill hole AR-16-76c3 which was …

NexGen Energy (TSXV:NXE) has reported assay results for four angled holes from its winter 2016 drilling program on its 100 percent owned Rook I property in the Athabasca Basin.
As quoted in the press release:

Drilling in the A2 shear at the Arrow Deposit continues to deliver strong assay results. Drill hole AR-16-76c3 which was drilled 58 m up-dip and southwest from hole AR-15-44b (56.5 m at 11.55% U3O8 – see News Release dated June 15, 2015) has intersected 74.0 m at 10.28% U3O8 in the higher grade A2 sub-zone (the “Sub-Zone”). This intercept, which represents a continuous grade x thickness (“GT”) of 761 also includes 50.0 m at 15.05% U3O8, 11.5 m at 49.53% U3O8 and 0.5 m at 80.00% U3O8. Also in the Sub-Zone, drill hole AR-16-78c1 intersected 37.5 m at 12.94% U3O8 and was drilled 69 m up-dip and northeast of hole AR-15-44b.
The Sub-Zone is defined by extensive intersections of dense accumulations of massive to semi-massive pitchblende, and is currently outlined by 22 drill holes. Assay results from four drill holes in the Sub-Zone remain pending.

Click here to read the full press release.

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