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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 10/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-10-2019: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow deposit at the Rook I project. Drilling results incl. 36.0m @ 11.36% U3O8 from 564.0m. Vancouver, BC, October 9, 2019 – NexGen Energy Ltd. (“NexGen” or the “Compan | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Troy Boisjoli, James Hatley (Internal) | |
| ABSTRACT: | Vancouver, BC, October 9, 2019 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report the first batch of assay results for twenty holesfrom the Company’srecently completed Phase I Feasibility-stage drilling program at the 100% owned, Rook I Project in the Athabasca Basin, Saskatchewan. The 2019 Arrow drilling program targeted the A2 and A3 High-Grade Domains to deliver an optimization of the mine plan at a drill hole spacing of between 9 m and 17 m (based on a geostatistical data spacing report compiled by Clayton V. Deutsch from Resource Modeling Solutions). The holes are designed to in-fill the A2 high-grade domain and elevate the resource from indicated to measured. All drill holes were collared at a steep inclination, then shallowed out between -55° and -60° before intersecting the target by utilizing the latest in directional drilling technology. The results below highlight intersections through the A2 High-Grade Domains only, for complete hole results please see results Table 1. | |
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