NexGen Energy Reports Results from Nine Holes at Rook 1

March 16, 2016

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NexGen Energy Ltd. (TSXV:NXE,OTCQX:NXGEF) released results from nine angled drill holes completed as part of its ongoing 30,000-meter winter 2016 drill program at the Rook I property in Saskatchewan’s Athabasca Basin.

As quoted in the press release:

Hole AR-16-75, a step-out hole 170m to the southwest along strike from Arrow intersected 39.5 m of total composite mineralization in the A3 and A4 shears, confirming Arrow remains open in all directions and at depth. This hole has extended the total strike length of mineralization at Arrow from 670 m to 840 m.

In addition, within the higher grade A2 sub-zone (the “Sub-Zone”), three holes have intersected extensive visible uranium mineralization. Holes AR-16-74c1, -76c1 and -78c1 all encountered intense radioactivity in the Sub-Zone marked by dense accumulations of semi-massive to massive pitchblende. Highlighting these results is hole AR-16-76c1, which intersected 5.25 m of minimum-greater-than-61,000 cps radioactivity, 3.5 m of which was continuous.

Garrett Ainsworth, vice president, exploration and development at NexGen, commented:

As shown with this latest batch of results, closer spaced drilling within the Arrow deposit is confirming and exceeding our expectations in terms of continuity of grades and widths. Testing 170 m southwest of the Arrow deposit has opened up an exciting new strike extent that we plan on aggressively following up on.

Click here to read the full NexGen Energy Ltd. (TSXV:NXE,OTCQX:NXGEF) press release.


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Category: Energy