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NexGen Energy Ltd.

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Summary

Project:

Rook I

Deposit:Arrow
Location:Canada
Commodities:Uranium
Date:12/12/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:12-12-2019: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 46.0m @ 4.51% U3O8 from 614.0m. Vancouver, BC, December 12, 2019 – NexGen Energy Ltd. (“NexGen” or the “Comp
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Troy Boisjoli (Internal)
ABSTRACT:Vancouver, BC, December 12, 2019 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report assay results for an additional forty holes from the Company’s recently completed Feasibility-stage drilling program at the 100% owned, Rook I property in the Athabasca Basin Saskatchewan. Intersections of the Arrow Deposit during the 2019 drilling campaign continue to verify the overall continuity of the A2 and A3 Pre-Feasibility Study (“PFS”, see News Release dated November 5, 2018) Indicated Domains and confirm the highest confidence Measured Resource spacing. Figures 1 and 2 demonstrate the continuity of highgrade mineralization at the Arrow Deposit as targeted by NexGen by comparing results from the 2019 drill program against the PFS Indicated Domains. All 2019 drill holes were collared at a steep inclination, then shallowed out between -55° and -60° before intersecting the target by utilizing the latest in directional drilling technology. The results below highlight intersections through the A2 and A3 High-Grade Domains for Indicated-to-Measured resource definition only. For complete hole results please see results Table 1.

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