NexGen Releases Assay Results from Rook 1 Property

NexGen Energy Ltd. (TSXV:NXE) announced assay results from six angled directional holes completed during summer 2015 drilling at its Athabasca Basin-based Rook 1 property.
Highlights include:

A2 Shear

• AR-15-57c3 (81 m up-dip and northeast from AR-15-44b) intersected 31.5 m at 10.03% U₃O₈ (409.5 to 441.0m) including15.0 m at 20.38% U₃O₈ (427.0 to 442.0 m) and 5.0 m at 49.60% U₃O₈ (434.5 to 439.5 m) within the Sub-Zone;
• AR-15-54c3 (152 m down-dip and southwest from AR-15-44b) intersected 27.0 m at 1.79% U₃O₈ (658.5 to 685.5 m) in the A2 high-grade shear.

A3 Shear

• AR-15-57c2 (96 m up-dip and to the northeast from AR-15-48c1) intersected 29.5 m at 5.89% U₃O₈ (580.5 to 610.0 m)including 15.5m @ 10.27% U₃O₈ in the A3 shear;
• AR-15-57c3 (49m up-dip and to the northeast from AR-15-48c1) intersected 50.5 m at 2.74% U₃O₈ (579.5 to 630.0 m) in the A3 shear;
• AR-15-54c2 intersected 14.5 m at 2.66%U₃O₈ (671 to 685.5 m) in the A3 shear.

Garrett Ainsworth, vice president, exploration and development, at NexGen, commented:

Assay results from hole AR-15-57c3 in the A2 sub-zone have far surpassed our expectations.  We have now increased the strike length of the sub-zone by 41 m (162 to 203 m), which has an average true thickness of approximately 27.3 m calculated from seven drill holes (assays pending on two drill holes).  The significant expansion of the sub-zone during the summer drill program has been a huge accomplishment, which is marked by several angled drill intercepts that rank among the world’s best in terms of continuous GT (grade x thickness) on public record.  In addition, wide intervals of high grade uranium mineralization continue to pile up in the A3 high grade core as described in this release with holes AR-15-57c2 and -57c3.  Preparations are well underway for an exciting winter 2016 drill program that will focus on continuing to develop Arrow and Bow, bold step-outs to the southwest and northeast of Arrow, testing for additional higher grade zones within the currently defined area of mineralization, and regional targets that share similar geophysical signatures to Arrow and Bow.

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