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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 8/23/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 23-8-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 13.0m @ 8.09% U3O8 from 710.5m. Vancouver, BC, August 23, 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, August 23, 2016 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, OTCQX:NXGEF) is pleased to report assay results for ten holes from our recently completed winter 2016 drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Garrett Ainsworth, Vice-President, Exploration and Development, commented: “Drill hole AR-16-90c3 in the 180 m southwest area has returned strong high grade uranium mineralization across broad intervals. Numerous zones of high grade uranium mineralization have been intersected in many of the holes drilled at this new area. The 180 m southwest area is an exciting development for NexGen as we continue to systematically drill test for multiple stacked mineralized shear zones, akin to Arrow, and to determine its dimensions as it remains open in all directions and at depth.” Leigh Curyer, Chief Executive Officer, commented: “These results confirm the significant expansion potential of Arrow at the 180 m southwest area. The focus of drilling at Arrow continues to target the 180 m area, expansion and infill drilling. In parallel, Harpoon and regional drilling of geophysical targets along trend from Arrow are the focus for the summer program.” | |
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