NexGen Energy Ltd. (TSXV:NXE, OTCQX:NXGEF) reported further results from our on-going six rig 30,000 m winter 2016 drill program on our 100% owned Rook I Property, Athabasca Basin, Saskatchewan.
According to the company’s press release:
Highlights:
A2 Shear:
• AR-16-63c2 (19 m up-dip and southwest from AR-15-44b and 14 m down-dip and northeast from AR- 15-62) intersected 138.0 m of total composite mineralization including 40.85 m of total composite off-scale radioactivity (10,000 to >61,000 cps) within a 206.5 m section (439.5 to 645.5 m) featuring 13.85 m with a minimum of >61,000 cps in the Sub-Zone. The mineralization was defined by wide intervals of dense accumulations of massive pitchblende
Garrett Ainsworth, Vice-President, Exploration and Development, commented:
Results from hole AR-16-63c2 are simply stunning, and represent the strongest radioactivity ever recorded at the Arrow zone. The continuity of mineralization in the higher grade A2 sub-zone is clearly evident. Furthermore, this zone remains open and will be tested further this winter together with exploring for other potential ‘sub-zones’ at Arrow. Hole -63c2 has a similar radioactivity profile to AR-15-62 (returned continuous GT of 787), except it has nearly seven times as much minimum >61,000 cps. The gamma probe comparison between the two holes really says it all.
Click here to view the full press release.
The post NexGen Drills Most Intense Mineralization to Date at Arrow appeared first on Investing News Network.
