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NexGen Hits Off-Scale Radioactivity in Final Five Holes of Summer Drill Program

Kristen Moran
Oct. 29, 2015 01:51PM PST
Company News

NexGen Energy (TSXV:NXE) announced radioactivity results from the final five holes of its summer drill program at Rook 1, with all five holes returning off-scale radioactivity.

NexGen Energy (TSXV:NXE) announced radioactivity results from the final five holes of its summer drill program at Rook 1, with all five holes returning off-scale radioactivity.
As quoted in the press release:

All five drill holes reported in this news release have returned off-scale radioactivity. Hole AR-15-62 intersected extensive mineralization in the A2 shear marked by dense accumulations of massive to semimassive pitchblende. This hole confirms the significant continuity of world-class uranium mineralization in the higher grade sub-zone of the A2 shear. Table 1 compares AR-15-62 to other drill holes within this sub-zone. In addition, in the A3 shear, AR-15-61c2 has intersected the most off-scale for any hole drilled at Arrow to date with widespread and strong mineralization (up to >61,000 cps) within an area that is open in every direction and at depth. This hole represents an exciting new development for the A3 shear.

Leigh Curyer, CEO of NexGen Energy, commented:

The results from the summer 2015 program has exceeded all objectives. It has considerably extended the area of mineralization, identified a robust higher grade sub-zone of the A2, and to conclude with this batch of drill holes, delivered the best hole to date in the A3 shear, opening up another exciting path for Arrow’s development. I would like to take the opportunity to congratulate the entire NexGen team including our key contractors for their outstanding contribution. We are already well underway in our preparations for winter 2016 drilling which will materially expand the infrastructure and development of Arrow. It is an incredibly exciting time for shareholders and all involved with the Company.

Click here to read the full NexGen Energy (TSXV:NXE) press release.

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NexGen Energy's Arrow is World's Largest Undeveloped High-grade Uranium Deposit

NexGen Energy's Arrow is World's Largest Undeveloped High-grade Uranium Deposit

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