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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 9/6/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-9-2016: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 10.05m @ >10'000 - >61'000cps radioactivity using a RS-120 Scintillometer. Vancouver, BC, September 6, 2016 – | |
| 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, September 6, 2016 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, OTCQX:NXGEF) is pleased to report radioactivity results from eight holes from our on-going summer drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Drilling at the Arrow Deposit continues to intersect extensive off-scale radioactivity in the higher grade A2 subzone (the “Sub-Zone”). Highlighting this batch of results, scissor hole AR-16-98c2 which was drilled towards the northwest and collared at the southeast, intersected 85.0 m of total composite mineralization including dense accumulations of massive pitchblende largely outside the margin of the A2 High Grade Domain. This hole intersected 10.05 m of off-scale radioactivity including 5.75 m of minimum-greater-than-61,000 cps radioactivity of which 4.5 m was continuous. Additionally, holes AR-16-92c3 and -93c2 drilled significant intervals of massive to semi-massive pitchblende in the A2 shear. These holes, and the others reported in this news release, are expected to provide for further definition of the A2 High Grade Domain. Furthermore, drilling in the new high grade zone within the A1 shear continues to return strong visible uranium mineralization where AR-16-98c1 intersected 44.5 m of total composite mineralization including 9.45 m of offscale radioactivity making it the most strongly mineralized hole drilled into the A1 shear to date. | |
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