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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 6/16/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 16-6-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 22.4m @ >10'000 - >61'000cps radioactivity using a RS-120 Scintillometer. Vancouver, BC, June 16, 2016 – NexG | |
| Resources: | (Resource, Inf.): 3.48Mt @ 2.63% U3O8 for 201.9Mlbs U3O8 contained at Arrow | |
| CP/QP: | [Overall Report]: Garrett Ainsworth (Internal) | |
| ABSTRACT: | Vancouver, BC, June 16, 2016 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSXV:NXE, OTCQX:NXGEF) is pleased to announce further results from our on-going spring drilling program on our 100% owned Rook I Property, Athabasca Basin, Saskatchewan. Scissor drilling from southeast to northwest at the Arrow Deposit has confirmed and increased the known width of the higher grade A2 sub-zone (the “Sub-Zone”). Hole AR-16-91c2 has intersected 22.4 m of off-scale radioactivity (>10,000 to >61,000 cps) including a 3.0 m interval of minimum-greater-than-61,000 cps. The central part of the radioactive intersection consists of widespread massive to semi-massive pitchblende mineralization and was drilled 38 m up-dip and northeast of hole AR-15-44b. The A2 High Grade Domain is associated with dense accumulations of massive to semi-massive pitchblende. It is currently outlined by 23 holes. Assay results for 5 holes from the Sub-Zone remain pending and the Company continues to drill with 2 rigs currently running. | |
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