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NexGen Energy Ltd.

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Summary

Project:

Rook I

Deposit:A2, A3
Location:Canada
Commodities:Uranium
Date:5/28/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:28-5-2019: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its A2, A3 deposit at the Rook I project. Drilling results incl. 12.05m @ >10,000 to >61,000 CPS. Vancouver, BC, May 28, 2019 – NexGen Energy Ltd. (“NexGen” or the “Company”
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Troy Boisjoli, James Hatley (Internal)
ABSTRACT:Vancouver, BC, May 28, 2019 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report radioactivity for an additional twenty holes comprising 7,969.5 m from the Company’s Feasibility stage drilling program at our 100% owned, Rook I property in the Athabasca Basin Saskatchewan. Objective I: Conversion of Indicated Mineral Resources to Measured Category This current phase of the 2019 drilling program is targeting the A2 and A3 High-Grade Domain mine planning sections at a spacing between 9.0 m and 16.7 m. The target spacing incorporates the results of a geostatistical data spacing report compiled by Clayton V. Deutsch from Resource Modeling Solutions based on 189 drill holes, totaling 121,923.15 m, which forms the basis of the Indicated Mineral Resource of 256.6 M lbs at 4.04 % U3O8. All drill holes are collared at a steep inclination, then shallowed out between -55° and -60° before intersecting the target by utilizing the latest in directional drilling technology.

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