NexGen Energy (TSX:NXE) has reported assay results for one hole from its recently completed winter 2016 drilling program on its 100 percent owned Rook I property in the Athabasca Basin in Saskatchewan.
As quoted in the press release:
Assay results have established that hole AR-16-81c2 has discovered a new zone of high-grade uranium mineralization in what has been named the A5 shear. The A5 shear is located adjacent southeast of the A4 shear as shown in Figures 1 and 2.
Highlights:
New A5 Shear Discovery • AR-16-81c2 (discovery hole) intersected 9.5 m at 2.08% U3O8 and 4.0 m at 5.18 % U3O8 and 6.5 m at 2.55% U3O8.
Additionally, when not considering internal dilution, AR-16-81c2 intersected 58.5 m at 1.26% U3O8 (848.5 to 907.0 m) in the A5 shear.
The Arrow Deposit is now comprised of five high-grade shear zones; A1, A2, A3, A4 and A5 that are subparallel to each other and have a combined thickness of 280 m. The A5 shear is completely untested between hole -81c2 and the unconformity which is approximately 105 m below surface or 685 m above the hole. The mineralized zone intersected in AR-16-81c2 is open in all directions.
Click here to read the full press release.
“Why Uranium Is Planet Earth’s Ultimate Source Of Green Energy”
Discover why Bill Gates, Paul Allen and the founder of Greenpeace agree that Uranium is the #1 resource to invest in right now. Click here to access a special INN insider’s report on the uranium market (value: $49) – For FREE.
The post NexGen Discovers New High-Grade A5 Shear Zone at Arrow appeared first on Investing News Network.
