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uranium-investing

NexGen Extends Mineralization in the A2 and A3 Shears to the Northeast

Jocelyn Aspa
Feb. 23, 2017 08:15AM PST
Energy Investing

NexGen Energy (TSX:NXE) has announced first results from its 35,000 m winter drilling program on its 100 percent owned Rook I property in the Athabasca Basin. As quoted in the press release: Several drill holes have intersected significant mineralization in previously untested areas located outside the maiden A2 and A3 resource grade shells of the …

NexGen Energy (TSX:NXE) has announced first results from its 35,000 m winter drilling program on its 100 percent owned Rook I property in the Athabasca Basin.
As quoted in the press release:

Several drill holes have intersected significant mineralization in previously untested areas located outside the maiden A2 and A3 resource grade shells of the Arrow Deposit to the northeast, including some of the most intense mineralization encountered in the A3 shear to date.
Highlights:
A2 Shear Northeast Extension

  • Drill hole AR-17-119c1 has extended mineralization 120 m to the northeast of the maiden A2 resource grade shell intersecting 21.5 m of total composite mineralization including 1.15 m of total off-scale radioactivity (>10,000 to 53,000 cps) within a 95.0 m section (485.0 to 580.0 m).
  • Scissor hole AR-17-116c2 drilled 35 m northeast from the edge of the maiden A2 grade shell intersected 47.0 m of total composite mineralization including 3.05 m of total off-scale radioactivity (>10,000 to >61,000 cps) within a 111.0 m section (642.0 to 753.0 m).

A3 Shear Northeast Extension

  • Scissor hole AR-17-116c1 was drilled up-dip and northeast in a previously untested area approximately 45 m to the northeast boundary of the maiden A3 resource grade shell intersecting 64.0 m of total composite mineralization including6.5 m of total off-scale radioactivity (>10,000 to >61,000 cps) within an 84.5 m section (425.5 to 510.0 m).
  • Scissor hole AR-17-114c2 intersected 54.0 m of total composite mineralization including 6.55 m of total off-scale radioactivity (>10,000 to >61,000 cps) within a 139.0 m section (437.5 to 576.5 m).
  • Scissor hole AR-17-118c1 intersected 55.0 m of total composite mineralizationincluding 6.55 m of total composite off-scale radioactivity (>10,000 to >61,000 cps) within a 104.0 m section (571.5 to 675.5 m).

Click here to read the full press release.

athabasca-basin uranium-investing
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