For thousands of other reports visit RSC's Mineral Intellingence Map
NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow, Cannon | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 7/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-7-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow, Cannon deposit at the Rook I project. Drilling results incl. 28.50m @ 2.13% U3O8 from 701.00m. VANCOUVER, July 21, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or th | |
| Resources: | (Resource, Inf.): 3.48Mt @ 2.63% U3O8 for 201.9Mlbs U3O8 contained at Arrow | |
| CP/QP: | [Overall Report]: Garrett Ainsworth (Internal) | |
| ABSTRACT: | VANCOUVER, July 21, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE, OTCQX:NXGEF) is pleased to report assay results for 4 holes from our recently completed winter 2016 drilling program on our 100% owned, Rook I Project, Athabasca Basin, Saskatchewan. The A1 shear remains mostly untested, and is already host to mineralization over a strike length of 360 m. Assays from hole AR-16-84c1 which represent a total composite grade x thickness ("GT") of 79 add to the already released results from hole AR-16-84c3which was drilled 33 m down-dip and southwest from hole -84c1 and intersected 13.0 m at 1.39% U3O8 (see News Release datedJuly 19, 2016). Furthermore, holes AR-16-91c3 and -91c4 have assays pending and both encountered significant visible uranium mineralization including 49.5 m of total composite mineralization including 5.0 m of off-scale radioactivity in hole -91c3 and 87.0 m of total composite mineralization including 4.1 m of off-scale radioactivity in hole -91c4 (see News Release dated July 13, 2016).The new high grade discovery zone in the A1 is wide open to the northeast (Figure 1). It will be a primary focus of the 35,000 m summer drill campaign as the Company aggressively pursues resource growth opportunities through continued infill, expansion and discoveries at Arrow and the Rook I project. | |
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