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NexGen Returns 36.5m at 10.11% U3O8 including 3.5m at 52.33% U3O8 A2 Sub-Zone

Vivien Diniz
Jan. 05, 2016 08:06AM PST
Company News

NexGen Energy Ltd. (TSXV:NXE, OTCQX:NXGEF) reported further assay results from an additional seven angled drill holes from its summer 2015 program on the 100% owned, Rook I property, Athabasca Basin, Saskatchewan.

NexGen Energy Ltd. (TSXV:NXE, OTCQX:NXGEF) reported further assay results from an additional seven angled drill holes from its summer 2015 program on the 100% owned, Rook I property, Athabasca Basin, Saskatchewan.
According to the company’s press release:

All seven holes reported have returned significant and extensive uranium mineralization. Most notably, AR- 15-59c2 intersected 36.5 m at 10.11% U3O8 including 3.5 m at 52.33% U3O8 which represents another worldclass intersection from the higher grade A2 sub-zone (the “Sub-Zone”, see Figure 2). Hole -59c2 was drilled at the currently defined southwest extent of this continuously mineralized Sub-Zone which spans 203 m in strike length, begins at less than 400 m below surface and remains open in all directions. The Sub-Zone will be one of a number of top priorities in the winter 2016 drill program set to commence imminently.

Garrett Ainsworth, Vice-President, Exploration and Development, commented:

These batch of assay drill results continue to showcase the world-class nature of the Arrow zone, which is highlighted here by hole AR- 15-59c2 returning 36.5m at 10.11% U3O8 at the currently defined southwest boundary of the higher grade A2 sub-zone. The rapid development of this zone during the summer 2015 drill program has been a huge success at Arrow. To discover the continuously mineralized higher grade A2 sub-zone whilst systematically testing the shear, highlights the potential for the discovery of additional higher grade sub-zones.

Click here to view the full press release. 

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