Canadian Mining Journal

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URANIUM: NexGen reports Arrow zone assays

SASKATCHEWAN – NexGen Energy of Vancouver has shared the assays for the first four drill holes from its winter 2015 program at the Arrow zone on the Rook I property in the Athabasca Basin. The zone is approximately 515 by 215 metres...



SASKATCHEWAN – NexGen Energy of Vancouver has shared the assays for the first four drill holes from its winter 2015 program at the Arrow zone on the Rook I property in the Athabasca Basin. The zone is approximately 515 by 215 metres beginning from 100 metres below surface and extending down to 820 metres. It remains open in all directions and at depth.

Three angled and one vertical hole were tested. The vertical hole, AR-14-36, returned an assay of 0.32% U3O8 over 51.0 metres. Hole AR-15-34b returned 2.2% U3O8 over 70.0 metres, including 8.95% over 11.0 metres. Hole AR-15-35 assayed 0.33% U3O8 over 18.5 metres and 0.49% over 12.0 metres.

“This first set of assays from the winter 2015 drill program at the Arrow zone have exceeded our expectations, said NexGen’s VP of exploration and development Garrett Ainsworth. “The A2 mineralized shear continues to impress us with what is now our widest high grade interval returned to date from angled drill hole AR-15-34b. The high grade uranium core associated with the A2 structure within Arrow is centered on drill hole AR-14-30, and is developing at a staggering pace with this important 30-metre step-out to the southwest.”

Detailed results from the four holes are available in the news release dated March 17, 2015, and posted at NexGenEnergy.ca