SASKATCHEWAN – Vancouver-based NexGen Energy
has updated the resources for its Arrow deposit at the Rook I uranium project.
[caption id="attachment_1003717413" align="alignright" width="300"] NexGen’s exploration camp at the Rook I uranium project.
The basement hosted deposit includes an indicated mineral resource of 179.5 million lb of uranium oxide contained in 1.18 million tonnes grading 6.88% uranium oxide, including the A2 high grade core of 164.9 million lb of uranium oxide contained in 400,000 tonnes grading 18.84%. The inferred resource is 122.1 million lbs of uranium oxide in 4.25 million tonnes grading 1.30%.
NexGen published an maiden resource for Arrow in March 2016, and the updated numbers show that 89% of those inferred tonnes have been converted to the indicated category. Mineralization is open in most directions, says the company. This winter, drilling will focus on the northeast extension of the A2 core, the newly identified A3 high grade domain, and the southwest gap between the Arrow deposit and the area 180 metres to the southwest.
Find details of the Rook I project at www.NexGenEnergy.ca.