- WORLD EDITIONAustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
NexGen Energy Ltd. (TSXV:NXE,OTCQX:NXGEF) released results from nine angled drill holes completed as part of its ongoing 30,000-meter winter 2016 drill program at the Rook I property in Saskatchewan’s Athabasca Basin.
NexGen Energy Ltd. (TSXV:NXE,OTCQX:NXGEF) released results from nine angled drill holes completed as part of its ongoing 30,000-meter winter 2016 drill program at the Rook I property in Saskatchewan’s Athabasca Basin.
As quoted in the press release:
Hole AR-16-75, a step-out hole 170m to the southwest along strike from Arrow intersected 39.5 m of total composite mineralization in the A3 and A4 shears, confirming Arrow remains open in all directions and at depth. This hole has extended the total strike length of mineralization at Arrow from 670 m to 840 m.
In addition, within the higher grade A2 sub-zone (the “Sub-Zone”), three holes have intersected extensive visible uranium mineralization. Holes AR-16-74c1, -76c1 and -78c1 all encountered intense radioactivity in the Sub-Zone marked by dense accumulations of semi-massive to massive pitchblende. Highlighting these results is hole AR-16-76c1, which intersected 5.25 m of minimum-greater-than-61,000 cps radioactivity, 3.5 m of which was continuous.
Garrett Ainsworth, vice president, exploration and development at NexGen, commented:
As shown with this latest batch of results, closer spaced drilling within the Arrow deposit is confirming and exceeding our expectations in terms of continuity of grades and widths. Testing 170 m southwest of the Arrow deposit has opened up an exciting new strike extent that we plan on aggressively following up on.
Click here to read the full NexGen Energy Ltd. (TSXV:NXE,OTCQX:NXGEF) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.