VANCOUVER — NexGen Energy (TSX: NXE; US-OTC: NXGEF) just can’t stop making discoveries at its Rook I uranium property in Saskatchewan’s Athabasca Basin. The company made headlines earlier this year with an impressive maiden resource at its Arrow deposit, and now summer drilling along the regional Patterson Lake corridor appears to have once again hit pay dirt.
The newly minted Harpoon zone lies around 4.7 km due northeast of the core Arrow deposit, which currently hosts around 3.5 million inferred tonnes grading 2.63% U3O8 for a contained 202 million lb of uranium. Discovery hole 16-08 intersected 17 metres of continuous mineralization from 220 metres down hole, including 4.5 metres of off-scale radioactivity.
Harpoon is on land and starts at a vertical depth of around 210 metres. The discovery was made after drills were collared roughly 250 metres due northeast along trend from hole 16-06, which cut 1.5 metres of continuous mineralization from around 303 metres depth. Uranium occurrences between Arrow and along trend to Harpoon have now been traced over a mineralized strike length of 5.6 km.
Read the entire story at www.NorthernMiner.com/news/nexgen-unveils-harpoon