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NexGen Energy: Step-Out Drilling Expands Arrow Deposit Area of Mineralization
VANCOUVER, June 7, 2017 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE, NYSE: NXE) is pleased to report radioactivity results for the final six
About this update from Nexgen Energy Ltd.
[{"type":"text","content":"VANCOUVER, June 7, 2017 /CNW/ - NexGen Energy Ltd. (\"NexGen\" or the \"Company\") (TSX:NXE, NYSE: NXE) is pleased to report radioactivity results for the final sixteen holes of the winter 2017 drilling program at our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Southwest Gap Step Out Drilling in A3 to A5 Shears: Significant off-scale radioactivity continues to be encountered in the gap area near the southwest margin of the Arrow Deposit. The Southwest Gap represents a material resource expansion opportunity as it was not included in the March 2017 updated mineral resource estimate. Step out hole AR-17-131c3 which was drilled 36 m southwest of the A4 resource grade shell (120 m northeast and down-dip from AR-16-97) intersected 69.0 m of total composite mineralization including 5.1 m of total composite off-scale radioactivity (>10,000 to >61,000 cps) within a 343.0 m section (647.0 to 990.0 m) in the A3 through A5 shears. Step out hole AR-17-143c1 which was drilled 100 m above and southeast of the A4 resource grade shell (100 m northeast and up-dip from AR-16-97) intersected 24.5 m of total composite mineralization including 2.8 m of total composite off-scale radioactivity (>10,000 to >61,000 cps) within an 86.0 m section (620.5 to 706.5 m) in the A4 shear. Northeast Gap Step Out Drilling in A1 to A3: Drilling northeast of the Arrow Deposit between the mineral resource domains and mineralized drill holes not included in the updated mineral resource estimate continues to return significant mineralization and off-scale radioactivity. Step out hole AR-17-138c2 which was drilled 35 m northeast of the A1 resource grade shell (334 m northeast and down-dip from AR-15-44b) intersected 45.5 m of total composite mineralization including 3.15 m of total composite off-scale radioactivity (>10,000 to 41,000 cps) within 287.0 m section (468.0 to 755.0 m) in the A1 through A3 shears. Southeast Arrow - Exploration Drilling In addition, the Company is pleased to announce the identification of visible pitchblende mineralization located 300 m southeast of the Arrow Deposit. Exploration hole RK-17-118w1 intersected 0.5 m of anomalous radioactivity measuring a maximum of 1,300 cps at 490.5 m down-hole. This new occurrence of anomalous radioactivity is located on an Arrow-parallel conductive feature where significant sect...