For thousands of other reports visit RSC's Mineral Intellingence Map
NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 12/14/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-12-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 60.0m @ 4.70% U3O8 from 490.0m. VANCOUVER, Dec. 14, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Compan | |
| Resources: | (Resource, Inf.): 3.48Mt @ 2.63% U3O8 for 201.9Mlbs U3O8 contained at Arrow | |
| CP/QP: | [Overall Report]: Garrett Ainsworth (Internal) | |
| ABSTRACT: | VANCOUVER, Dec. 14, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE, OTCQX:NXGEF) is pleased to report assay results for 23 holes from our summer drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. At Arrow, both step-out and infill holes show significant and widespread high-grade uranium mineralization. In the A2 High Grade Domain, scissor hole AR-16-111c1 returned 60.0 m at 4.70% U3O8 including 27.0 m at 10.27% U3O8. Additionally, scissor hole AR-16-106c1 which was drilled 55 m northeast and up-dip from AR-16-111c1 returned 40.5 m at 6.92% U3O8 including 27.0 m at 10.10% U3O8. Assays from four step-out holes drilled northeast of the A2 High Grade Domain have confirmed the presence of strong uranium mineralization. Highlighting this is hole AR-16-108c2, which was drilled 30 m northeast of AR-14-30 (see News Release dated October 6, 2014) and outside of the A2 High Grade Domain returned 49.5 m at 3.07% U3O8 including 11.0 m at 10.23% U3O8. In the area between the Arrow Deposit grade shells and the mineralized area 180 m to the southwest, assays indicate that solid zones of uranium mineralization are present. In this area, hole AR-16-103 which was drilled 265 m down-dip and northeast from hole AR-16-90c3 (see News Release dated June 13, 2016), returned 17.5 m at 1.75% U3O8 including 8.0m at 3.63% U3O8. Mineralization extends from the Arrow Deposit 43-101 Inferred Mineral Resource to the southwest for at least 240 m where it remains open in all directions. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report