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NexGen Assays Return 50.0m at 12.01% U3O8 Including 18.0m at 20.55% U3O8 in Hole AR-15-49c2
VANCOUVER , Sept. 8, 2015 /CNW/ -  NexGen Energy Ltd. (TSX-V: NXE )  ("NexG...
About this update from Nexgen Energy Ltd.
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Sept. 8, 2015 /CNW/ - NexGen Energy Ltd. (TSX-V: NXE) (\"NexGen\" or the \"Company\") is pleased to report assay results for six angled holes from the recently expanded summer 2015 drilling program on our 100% owned Rook I property, Athabasca Basin, Saskatchewan. \n\nHole AR-15-49c2 has delivered substantial continuous high-grade uranium mineralization in the A2 shear similar to that encountered in hole AR-15-44b (see News Release dated June 15, 2015) and at shallower depth. Both holes are amongst the best uranium intersections drilled in the Athabasca Basin. In addition, hole AR-15-48c1 has returned broad and extensive uranium mineralization in both the A2 and A3 shears. \n\nHighlights:\n\nAR-15-49c2\n\n\nAR-15-49c2 returns 50.0 m at 12.01% U3O8 (435.5 to 485.5 m) including 18.0 m at 20.55% U3O8 (456.0 to 474.0 m) and 4.5 m at 40.64% U3O8 (465 to 469.5 m) in the A2 shear; \nAssay results continue to show that Arrow is a world-class discovery by returning a continuous composite grade thickness (\"GT\") of 605 (this is the second hole at Arrow with a continuous GT over 600); \nReturned the highest grade assay result from the Arrow zone to date at 76.0% U3O8 over 0.50 m (466.5 to 467.0 m); \nLocated 41 m up-plunge to the northeast in the A2 shear from AR-15-44b (56.5 m at 11.55% U3O8).\n\nAR-15-48c1\n\n\nAR-15-48c1 returns 60.0 m at 0.91% U3O8 (409.5 to 469.5 m) including 12.5 m at 3.09% U3O8 (428.5 to 441.0 m) in the A2 shear and, 24.0 m at 5.43% U3O8 (595.5 to 619.5 m) including 10.5 m at 10.12% U3O8 (597.5 to 608 m) in the A3 shear; \nLocated 81 m up-dip and to the southwest in the A2 shear from AR-15-44b. \nThe Arrow zone which is entirely basement hosted currently covers an area of 645 m by 215 m with a vertical extent of mineralization commencing from 100 to 920 m, and remains open in all directions and at depth.  Geochemical results continue to show highly anomalous gold values and very low deleterious metals content throughout the Arrow zone; \nFive rigs continue to turn on the Arrow Zone  as part of the 2015 summer drill program recently expanded to 30,000 m; \nThe Company has cash on hand of approximately $23M.\n\nGarrett Ainsworth, NexGen's Vice-President, Exploration and Development, commented \"The assay results from drill hole AR-15-49c2 are very signi...