The Conversation (0)
NexGen Energy (TSXV:NXE) provided an update on activities at its Athabasca Basin properties. Explopration work including a number of VTEM and magnetometer surveys have been conducted at the Rook I and SW3 properties, and NexGen is planning a winter drill program at the Arrow discovery at Rook I.
As quoted in the press release:
The winter 2015 drill campaign is contemplating 18,000 m utilizing three A5 diamond drill rigs operated by Aggressive Drilling from Prince Albert, Saskatchewan. The majority of drilling is planned to occur at the Arrow zone or along strike to the northeast and southwest from Arrow. Highly prospective regional drill targets on the Rook I property have also been developed within the Derkson conductor corridor, and north of Fission Uranium’s Far East radioactive drill intersections.
NexGen CEO, Leigh Curyer, said:
The objective of these geophysical surveys and interpretation is to provide drill collar locations for extending the Arrow zone and to provide high quality target identification across the entire SW2 and SW3 portfolios. NexGen has the most dominant portfolio in this section of the Athabasca Basin covering the Basin boundary and all major known uranium bearing conductor corridors in the area. Given the geophysical signature of Arrow and the knowledge learnt from its discovery, the team is well positioned for future exploration success.
Click here to read the NexGen Energy (TSXV:NXE) press release
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