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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 10/3/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-10-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 53.0m @ 5.27% U3O8 from 452.5m. Vancouver, BC, October 3, 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, October 3, 2016 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, OTCQX:NXGEF) is pleased to report assay results for six holes from our summer drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. At Arrow, holes drilled from both northwest to southeast (original) and southeast to northwest (scissor) directions have encountered significant high grade uranium mineralization within and outside the A2 High Grade Domain. Highlighting this batch of results, hole AR‐16‐92c3 intersected two continuous intervals with grade x thicknesses (“GT” as %U3O8 x meters) of 144 and 115 that pierced 30 m below the A2 High Grade Domain. These two intervals were separated by 4 meters of core length in the hole. In addition, scissor holes AR‐16‐ 93c2 intersected a continuous GT of 279 in the Sub‐Zone near the top of the A2 High Grade Domain, AR‐16‐ 91c4 returned a continuous GT of 215, and AR‐16‐93c1 returned a continuous GT of 163. In the new A1 discovery area, scissor holes AR‐16‐91c4 and ‐93c2 both intersected significant intervals of uranium mineralization. | |
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