Canadian Mining Journal

News

URANIUM: NexGen drilling at Arrow returns 30 metres at 15% U3O8



SASKATCHEWAN – The assays are in from the final 10 holes drilled last summer at the Arrow deposit, part of the Rook I uranium project belonging to Vancouver-based NexGen Energy. “Very good” might be an understatement for some of the results.

Scissor hole AR-16-111c2 returned 30.0 metres at 15.07% U3O8, including 6.0 metres at 51.97% which included 2.0 metres at 68.20% both inside and outside the A2 high grade domain. Additionally, scissor hole AR-16-112c2 returned 40.5 metres at 6.18% U3O8, including 24.0 metres at 10.35% which included 4.0 metres at 44.80% below the A2 high grade domain grade shell.

In the A3 shear, infill drilling continues to define the area of mineralization which remains open in all directions.  Scissor hole AR-16-113c1 returned 17.0 metres at 1.83% U3O8 in what NexGen considers an important infill area.

NexGen is preparing for a 35,000-metre winter drill program and an updated resource for the Arrow deposit by the middle of next year.

Please visit www.NexGenEnergy.ca.