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: | 6/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-6-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 37.5m @ 17.60% U3O8 from 480.5m. Vancouver, BC, June 21, 2016 – NexGen Energy Ltd. (“NexGen” or the “Company” | |
| 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 21, 2016 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSXV:NXE, OTCQX:NXGEF) is pleased to report assay results for eight angled holes from our highly successful winter 2016 drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Assay results from the higher grade A2 Sub-Zone (“Sub-Zone”) have yet again confirmed strong uranium grades over significant intervals at the Arrow Deposit. Hole AR-16-78c4 which was drilled 59 m up-dip and northeast of hole AR-15-44b has returned 37.5 m at 17.60% U3O8 including 5.5 m at 60.14% U3O8 and 1.5 m at 71.93% U3O8. This intersection represents a continuous grade x thickness (“GT”) of 660, the fourth highest at Arrow. Within the A2 shear drill hole AR-16-78c4 returned a total composite GT of 834. Additionally, drill hole AR-16-76c4 returned 68.0 m at 2.09% U3O8 including 14.5 m at 5.08% U3O8 and an additional section of 32.0 m at 1.97% U3O8 including 10.0 m at 5.15% U3O8. Of key importance, high grade mineralization encountered in both holes was largely intersected outside the current limits of the A2 High Grade Domain (see Figure 1). Assay results for 23 holes at Arrow remain pending. | |
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