Canadian Mining Journal

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URANIUM: More holes, more high grades from NexGen’s Arrow deposit



SASKATCHEWAN – The hits just keep coming from the Arrow uranium deposit for NexGen Energy of Vancouver. The deposit is the most well explored area of the company’s 100% owned Rook I project on the southwest rim of the Athabasca Basin.

Three dimensional view of the A2 high grade domain at the Arrow uranium deposit.

Three dimensional view of the A2 high grade domain at the Arrow uranium deposit.

The company has reported results from seven more holes from last winter’s drilling program. Scissor drilling returned high grades from the A2 sub-zone such as 40.5 metres at 12.69% U3O8 including 25.0 metres of 19.97% and 1.5 metres at 63.93%. In the A2 shear high grade domain, the afore mentioned hole returned 18.5 metres at 3.26% U3O8 including 7.5 metres at 7.40%. Another hole in the high grade domain returned 38.0 metres at 1.92% U3O8 including 11.0 metres at 6.15%.

Drilling at the recently discovered A1 shear zone confirmed a significant expansion there. The best result was 19.0 metres at 0.82% U3O8 including 3.5 metres at 3.05% and 6.0 metres at 1.02%.

NexGen continues drilling at Arrow with 35,000 metres planned for the summer season.

Details of the recent drilling results are available in the news release dated Aug. 8, 2016, and posted at www.NexGenEnergy.ca.