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NexGen Energy (TSXV:NXE) reported assay results from five angled holes from the summer 2015 drill program at Rook 1, which saw hole AR-15-54c1 return 27.5 meters at 10.09 percent U3O8 including 12 meters at 20.01 percent U3O8.
NexGen Energy (TSXV:NXE) reported assay results from five angled holes from the summer 2015 drill program at Rook 1, which saw hole AR-15-54c1 return 27.5 meters at 10.09 percent U3O8 including 12 meters at 20.01 percent U3O8.
As quoted in the press release:
Assay results from AR-15-54c1 which was drilled 87 m up-dip and southwest of AR-15-44b (56.5 m at 11.55% U3O8) have again confirmed the presence of dense accumulations of massive pitchblende in the higher grade A2 sub-zone. This substantial zone of uranium mineralization is currently defined by six holes over a strike length of at least 162 m. Assay results from two of these six holes remain pending. Also in the A2 shear, assays from AR-15-53c2 returned significant mineralization 91 m down-dip from AR-15-44b.
Additionally, within the A3 shear, holes AR-15-56c1 and AR-15-51 both returned widespread mineralization from an area that remains wide open in the southwestern portion of the A3 high-grade shear. Holes AR-15-56c1 and -51 were drilled 225 m and 196 m down-dip and to the southwest, respectively from AR-15-48c1 (24m at 5.43% U3O8). These assay results are located in the zone where AR-15-61c2 was drilled and returned the strongest radioactivity results recorded in the A3 shear to date (See News Release dated October 29th, 2015).
Leigh Curyer, CEO of NexGen commented:
These assay results continue to demonstrate the robustness of the higher grade A2 sub zone and now, the A3 shear is regularly producing results that rival the A2 high grade core. We look forward to receiving the remaining 22 assays from the summer program which will include strong holes based on previously reported radioactivity. All these assay results will contribute to the resource estimate scheduled for the first half of 2016. Planning for an expanded winter 2016 campaign is already well underway which will continue to test the currently defined extents of Arrow together with high-priority targets along the conductor corridor to the southwest, northeast towards Bow, and on the Derkson corridor.
Click here to read the full NexGen Energy (TSXV:NXE) press release.