NexGen Energy (“NexGen” or the “Company”) (TSX:NXE, NYSE:NXE) is pleased to report radioactivity results for the final sixteen holes of the winter 2017 drilling program at our 100% owned, Rook I property, Athabasca Basin, Saskatchewan.
Significant off-scale radioactivity continues to be encountered in the gap area near the southwest margin of the Arrow Deposit. The Southwest Gap represents a material resource expansion opportunity as it was not included in the March 2017 updated mineral resource estimate.
Drilling northeast of the Arrow Deposit between the mineral resource domains and mineralized drill holes not included in the updated mineral resource estimate continues to return significant mineralization and off-scale radioactivity.
In addition, the Company is pleased to announce the identification of visible pitchblende mineralization located 300 m southeast of the Arrow Deposit.
Garrett Ainsworth, Vice-President, Exploration and Development, commented:
“Drilling in the southwest and northwest gaps of the Arrow Deposit has been highly successful by returning both broad intervals of mineralization incorporating high grade zones.
The southwest and northeast gaps will be targeted in the summer 2017 program to ensure that mineralization in these zones are optimally incorporated into future Arrow resource grade shells.”