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NexGen Energy’s Further Angled Drill Testing Hits High Grade Mineralization at Rook I

Investing News Network
Feb. 17, 2015 06:54AM PST
Company News

NexGen Energy Ltd. (TSXV:NXE) reported that further angled drill testing at the Rook I property in the Athabasca Basin, Saskatchewan, encountered significant dense accumulations of semi-massive to massive pitchblende mineralization with associated off-scale radioactivity from >10,000 to 60,000 cps

NexGen Energy Ltd. (TSXV:NXE) reported that further angled drill testing at the Rook I property in the Athabasca Basin, Saskatchewan, encountered significant dense accumulations of semi-massive to massive pitchblende mineralization with associated off-scale radioactivity from >10,000 to 60,000 cps.

As quoted in the press release:

Highlights:

Arrow Zone

  • Angled drill hole AR-15-37 intersected 76.0 m total composite mineralization including 9.35 m off-scale radioactivity (>10,000) within a 264.5 m section (405.0 to 669.5 m);
  • Angled drill hole AR-15-38 intersected 82.35 m total composite mineralization including 4.5 m off-scale radioactivity (>10,000 cps) within a 247.5 m section (474.0 to 721.5 m). AR-15-38 has successfully extended the intensive high grade mineralization intersected in AR-14-30 to 81 m southwest along strike (within the previously established 515 m strike length of the Arrow zone);

Radon Target (400 meters along strike to north east of Arrow)

  • The 3rd rig has commenced drilling at this high priority area where a clustered radon anomaly, optimally situated along the southeast dipping VTEM conductor, is projected to reach the unconformity. See Figure 4.

Click here to read the NexGen Energy Ltd. (TSXV:NXE) press release
Click here to see the NexGen Energy Ltd. (TSXV:NXE) profile.

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