The Conversation (0)
NexGen Energy Ltd. (TSXV:NXE) has identified 6 high priority drill targets at the “Fury Area” of Rook I, based on geophysical data consisting of VTEM, ground gravity, and magnetics. The six high priority drill targets have geophysical features similar to the discovery of the Arrow zone in 2014.
As quoted in the press release:
Highlights include:
- Six high priority drill targets have been identified at the “Fury Area” based on geophysical data consisting of VTEM, ground gravity, and magnetics (see Figure 1);
- The “Fury Area” is located approximately 13.5 km to the southeast of the Arrow zone in a section of the Rook I property that is thought to have 10 to 20 m of overburden overlying basement rocks;
- All six high priority drill targets have similar geophysical features that led to the discovery of the Arrow zone in February 2014. These features include VTEM conductors with diminishing conductance approaching offsets, flexures, and breaks that are associated with gravity and magnetic lows;
- The potential for shallow high grade uranium mineralization at the Fury Area has warranted drilling of up to 4,500 m during this winter 2015 program.
NexGen Energy Vice President, Exploration & Development, Garrett Ainsworth, said:
The target rich nature of the Rook I property is becoming increasingly evident based upon the results of this and other recent geophysical surveys across the property. The attractiveness of the Fury Area is threefold: it has very similar geophysical signatures to the Arrow zone, has projected depths to basement rock at 10 to 20 meters from surface, and is along trend from encouraging drilling to the south. I look forward to one of our three rigs mobilizing to Fury shortly.
Click here to read the NexGen Energy Ltd. (TSXV:NXE) press release
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