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NexGen Energy Ltd.
Summary
| Project: | Rook I | |
|---|---|---|
| Deposit: | Arrow South | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 10/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-10-2017: NexGen Energy Ltd. announces an Exploration/Drilling Update report for its Arrow South deposit at the Rook I project. Drilling results incl. 19m @ <500->48000Cps from 192m. Vancouver, BC, October 18, 2017 – NexGen Energy Ltd. (“NexGen” or the | |
| 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, October 18, 2017 – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSEMKT:NXE) is pleased to report radioactivity results for sixteen holes from South Arrow as part of our ongoing summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. Two diamond drill rigs remain in operation at South Arrow as the Company continues to aggressively and systematically test this encouraging new zone. A total of eighteen assays remain pending. A South Arrow longitudinal section and plan map with drill hole locations are shown in Figures 1 and 2. Garrett Ainsworth, Vice-President, Exploration and Development, commented: “Drill hole AR-17-160c1 represents a highly successful 203 m step out to the southwest from the initial discovery hole at South Arrow. The ability to hit high grade mineralization on an aggressive step out of this distance has been a common characteristic of the Arrow Deposit, which is located 400 m to the north of South Arrow on a separate conductor. South Arrow contains a broad alteration halo that surrounds multiple parallel stacked mineralized zones, which are two important features observed at the Arrow Deposit. Hole AR-17-166c1 at South Arrow has encountered the shallowest significant high grade mineralization anywhere on the Rook I property to date.” | |
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