NexGen Returns Strongest Assay to Date: 10.5m at 8.52% U3O8 and 37m at 6.30%

Company News

NexGen Energy Ltd. (TSXV:NXE,OTCQX:NXGEF) reported assay results from six additional angled drill holes from its summer 2015 program on the Rook I property.

NexGen Energy Ltd. (TSXV:NXE,OTCQX:NXGEF) reported assay results from an additional six 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 highlights include:

A3 Shear

  • AR-15-61c2 (245 m down-dip and to the southwest from AR-15-48c1) intersected 10.5 m at 8.52% U3O8 (773.5 to 784.0 m), and a separate interval of 37.0 m at 6.30% U3O8 (804.0 to 841.0 m) including 15.0 mat 10.10% U3O8 (826.0 to 841.0 m).
  • Hole AR-15-61c2 returns a continuous GT of 236, which is the highest to date within the A3 shear.
  • AR-15-59c3 (230 m down-dip and to the southwest from AR-15-48c1) intersected 4.5 m at 13.17%U3O8 (668.5 to 673.0 m).
  • AR-15-61c1 (67 m up-plunge to the northeast of AR-15-52) intersected 14.0 m at 3.57%U3O8 (718.5 to 732.5 m).
  • AR-15-60c2 (275 m down-dip and to the northeast from AR-15-48c1) intersected 10.0 m at 2.49%U3O8 (842.5 to 853.0 m).

A2 Shear

  • AR-15-60c2 (165 m down-dip and to the northeast from AR-15-44b) intersected 23.0 m at 1.15%U3O8 (650.0 to 673.0 m).

According to Garrett Ainsworth, Vice-President Exploration and Development:

We are at an exciting time in the development of the Arrow zone, as we continue to discover and prove up significant high-grade mineralization within multiple shear zones.  Hole AR-15-61c2 has returned a continuous GT of 236 from 37.0 m at 6.30% U3O8, which is the highest continuous GT in the A3 to date.  The A3 shear has developed into an important component of Arrow, hosting multiple drill holes with mineralized intercepts greater than 100 GT.  Further testing of the A3 shear will continue during the winter 2016 drill program.

Click here to view the full press release. 

 

 

The Conversation (0)
×