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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 11/20/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-11-2019: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 48.0m @ 3.81% U3O8 from 624.0m. Vancouver, BC, November 20, 2019 – NexGen Energy Ltd. (“NexGen” or the “Comp | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Troy Boisjoli (Internal) | |
| ABSTRACT: | Vancouver, BC, November 20, 2019 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report assay results for an additional twenty holes from the Company’s recently completed Feasibility-stage drilling program at the 100% owned, Rook I property in the Athabasca Basin, Saskatchewan. The 2019 drilling program targeted the A2 and A3 High-Grade Domains for the highest confidence resource within the Pre-Feasibility Study (“PFS”) mine design (see News Release dated November 5, 2018) at a drill hole spacing of between 9.0 m and 17.0 m (based on a geostatistical data spacing report compiled by Clayton V. Deutsch from Resource Modeling Solutions). The density of drilling intersecting the A2 and A3 Indicated Domains results in a high degree of confidence in the mineralized contacts, domain geometry, domain orientation, grade and volume of mineralization. The A2 and A3 Indicated Domains from the PFS have been intersected by 309 drill holes from 133 collars (inclusive of 124 drill holes from 48 collars in 2019): 86 piercing the Indicated Domains from the northwest, 221 from the southeast, and 2 vertical intersections in 2014 (see Figures 1, 2, and 3). 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. | |
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