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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow South | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 12/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-12-2017: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow South deposit at the Rook I project. Drilling results incl. 60.0m @ 3.70% U3O8 from 597.50m. Vancouver, BC, December 11, 2017 – NexGen Energy Ltd. (“NexGen” or th | |
| Resources: | (Resource): 1.18Mt @ 6.88% U3O8 (Ind.) and 4.25Mt @ 1.30% U3O8 (Inf.) at Arrow | |
| CP/QP: | [Overall Report]: Garrett Ainswworth (Internal) | |
| ABSTRACT: | Vancouver, BC, December 11, 2017 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report assay results for 21 holes from Arrow as part of our recently concluded summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. ssays from step-out drilling in both the Southwest and Northeast ‘Gaps’ confirms mineralization is now known to be continuous in both of these resource expansion areas. Garrett Ainsworth, Vice-President, Exploration and Development, commented: “These Arrow drill assays are impressive results for both the A3 High Grade Domain infill and resource expansion areas in the Southwest and Northeast Gaps. The A3 High Grade Domain is developing very nicely and the continuation of mineralization along both strike directions continues to show significant drilling is required to determine the extent of the mineralized Arrow footprint. ” Leigh Curyer, Chief Executive Officer, commented: “Arrow’s growth continues. Together, the project development studies are advancing for the release of a Pre-Feasibility Study scheduled for Q3 2018. The project development team has recently expanded with the appointment of high calibre industry professionals reflecting the nature of the Arrow Project as a unique opportunity to contribute to this generational mineral resource. The Company is well positioned to enter 2018 and looking forward to delivering the next stages of exploration growth and project development.” | |
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