NexGen Reports Assay Results from its Rook I Property

Company News

NexGen Energy (TSX:NXE) has reported assay results for seven holes from its recently completed winter 2016 drilling program on its 100 percent owned Rook I property in the Athabasca Basin. As quoted in the press release: Highlights: A2 Sub-Zone Scissor drilling collared from the southeast to the northwest at the Arrow Deposit has returned extensive …

NexGen Energy (TSX:NXE) has reported assay results for seven holes from its recently completed winter 2016 drilling program on its 100 percent owned Rook I property in the Athabasca Basin.
As quoted in the press release:

Highlights:
A2 Sub-Zone
Scissor drilling collared from the southeast to the northwest at the Arrow Deposit has returned extensive high grade uranium mineralization in the higher grade A2 sub-zone (the “Sub-Zone”).
• Scissor hole AR-16-91c2 (38 m up-dip and northeast from AR-15-44b) intersected 40.5 m at 12.69% U3O8 (522.0 to 562.5 m) including 25.0 m at 19.97% U3O8 (526.0 to 551.0 m) and 1.5 m at 63.93% U3O8 (541.0 to 542.5 m).
Hole AR-16-91c2 has confirmed and increased the known width of the Sub-Zone and returned a continuous grade x thickness (“GT”) of 514. The Sub-Zone is now outlined by 23 holes, all of which intersected dense accumulations of massive-to-semi-massive pitchblende, sixteen of which were drilled after the release of the Company’s maiden NI 43-101 compliant Inferred Mineral Resource for the Rook I project on March 3, 2016.
A2 Shear High-Grade Domain
Infill drilling continues to verify that mineralization in the A2 shear is both extensive and continuous. These include 3 scissor holes drilled outside of the Sub-Zone but inside the A2 High-Grade Domain; highlights include:
• Scissor hole AR-16-84c4 (30 m down-dip and northeast from AR-15-44b) intersected 38.0 m at 1.92% U3O8 (566.0 to 604.0 m) including 11.0 m at 6.15% U3O8 (573.5 to 584.5 m).
• Scissor hole AR-16-91c3 (96 m up-dip and northeast from AR-15-44b) intersected 18.5 m at 3.26% U3O8 (485.0 to 503.5 m) including 7.5 m at 7.40% U3O8 (490.5 to 498.0 m).

Click here to read the full press release.

The Conversation (0)
×