The Conversation (0)
Nexgen Energy (TSXV:NXE) reports it has received assay results from 16 remaining drill holes from its summer drill program on the Arrow zone. Highlights include hole AR-14-32 which saw 2.34 percent U3O8 over 26.5 meters and 1.05 percent U3O8 over 20.5 meters.
According to the press release, highlights include:
Vertical hole
- AR-14-32 assays 2.34% U3O8 over 26.5 m (592.5 to 619.0 m), and 1.05% U3O8 over 20.5 m (654.5 to 675.0 m);
Angled holes
- AR-14-28 assays 0.41% U3O8 over 83.0 m (190.0 to 273.0 m);
- AR-14-27 assays 0.45% U3O8 over 74.65 m (255.70 to 330.35 m);
The Arrow Zone is currently 515 meters x 215 meters with the vertical extent of mineralization
commencing from 100 meters down to 730 meters. It remains open in all directions and at
depth.
Garrett Ainsworth, Vice-President of exploration and development, said:
These reported uranium assays conclude our successful summer 2014 drill program, and have revealed wide intervals of moderate grades that encapsulate sub-vertical high grade uranium mineralization. The break in drilling has facilitated substantial data interpretation and we are ready and eager to begin our winter 2015 drill program.
Click here to read the Nexgen Energy (TSXV:NXE) press release
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