The Conversation (0)
Energy Fuels Inc. (TSXV:NXE) has reported ongoing results from summer 2014 drilling at its wholly owned portion of the Rook I property located in the Athabasca Basin in Saskatchewan. The company noted that the width of Arrow Zone has been increased to 215 meters from 180 meters.
As quoted in the press release:
- Drilling along a NW-SE fence line has expanded the width of the Arrow zone from 180 to 215 m. The Arrow zone has developed a significant footprint with a strike length of 515 m, and remains open in all directions.
- AR-14-27 intersected 111.05 m total composite mineralization including 2.2 m off-scale radioactivity (>10,000 cps) within a 185.95 m section (226.65 to 412.6 m).
- AR-14-25 intersected 158.55 m total composite mineralization including 0.75 m off-scale radioactivity (>10,000 cps) within a 401.3 m section (247.9 to 649.2 m).
- AR-14-26 intersected 69.82 m total composite mineralization including 2.15 m off-scale radioactivity (>10,000 cps) within a 360.0 m section (437.2 to 797.2 m). This represents the deepest mineralization intersected to date, which further enforces the robust mineralizing system at Arrow.
- 25 of 27 drill holes completed at Arrow to date have intersected uranium mineralization.
NexGen CEO, Leigh Curyer, said:
Every drill hole at Arrow is accelerating our understanding of the factors controlling mineralization. This batch of results increases the number of broad vertical parallel zones of mineralization to the N-NW. Further, the characteristics we are seeing at such an early stage of exploration at Arrow are analogous to other significant uranium deposits in the Athabasca Basin.
Click here to read the Energy Fuels Inc. (TSXV:NXE) press release
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