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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 12/20/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 20-12-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 30.0m @ 15.07% U3O8 from 535.0m. Vancouver, BC, December 20, 2016 – NexGen Energy Ltd. (“NexGen” or the “Com | |
| 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, December 20, 2016 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, OTCQX:NXGEF) is pleased to report assay results for the final ten Arrow holes from the summer drilling program on its 100% owned, Rook I property, Athabasca Basin, Saskatchewan. The final assay results from the Arrow Deposit have now been received for drilling completed in 2016. Scissor hole AR-16-111c2 returned 30.0 m at 15.07% U3O8 including 6.0 m at 51.97% U3O8 which included 2.0 m at 68.20% U3O8 both inside and outside the A2 High Grade Domain. Hole AR-16-111c2 was drilled 62 m downdip and southwest from hole AR-16-98c2 which returned 26.5 m at 20.27% U3O8 including 10.0 m at 51.4% U3O8 (see news release dated November 8, 2016). Additionally, scissor hole AR-16-112c2 returned 40.5 m at 6.18% U3O8 including 24.0 m at 10.35% U3O8 which included 4.0 m at 44.80% U3O8 below the A2 High Grade Domain grade shell. In the A3 shear, infill drilling continues to define the area of mineralization which remains open in all directions. Scissor hole AR-16-113c1 which was drilled 47 m down-dip and northeast from hole AR-15-57c2 (see News Release dated November 30, 2015) returned 17.0 m at 1.83% U3O8 in an important infill area. | |
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