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NexGen Energt Update on Rook I property in the Athabasca Basin in Saskatchewan

Mining News - Published on Fri, 29 Nov 2019

Image Source: nexgenenergy.ca
NexGen Energy Ltd has reported assay results for an additional twenty holes from the Company's recently completed Feasibility-stage drilling program at the 100% owned, Rook I property in the Athabasca Basin in Saskatchewan. The 2019 drilling program targeted the A2 and A3 High-Grade Domains for the highest confidence resource within the Pre-Feasibility Study mine design at a drill hole spacing of between 9.0 m and 17.0 m. CEO Mr Leigh Curyer said "These exceptional results once again highlight the unique resource characteristics of Arrow. Figures 7-5 of this news release provide an excellent perspective of the drilling density at Arrow. The team continues to advance all aspects of the Feasibility Study scheduled for mid HI 2020 and in parallel the studies for inclusion into the Environmental Assessment scheduled for submission in Q3/2020. Another 80 assays from feasibility drilling are pending release in the coming months."

A2 High-Grade Domains

AR-19-229c2 intersected 48.0 m at 3.81 % U3O8 (624.0 to 672.0 m) including 6.0 m at 13.50% U3O8 (627.0 to 633.0 m). The target was intersected at a dip of -54.1 approximately 10.0 m along strike to the southwest of AR-16-096c3 (21.5 m at 2.33% IhOs)

AR-19-229c4 intersected 41.0 m at 3.42% U3O8 (612.5 to 653.5 m) including 7.0 m at 15.48% U3O8 (639.5 to 646.5 m). The target was intersected at a dip of -55.2°, approximately 9.0 m along strike to the southwest of AR-16-096c1 (24.0 m at 5.88% U3O8 including 8.0 m at 15.44% U3O8)

AR-19-230c3 intersected 21.0 m at 5.06% U3O8 (593.5 to 614.5 m) including 4.0 m at 18.38% U3O8 (594.5 to 598.5 m). The target was intersected at a dip of -57.4°, approximately 10.0 m up-dip from AR-16-092c1 (58.0 m at 0.99% U3O8 and an additional 19.5 mat 1.43% U308)

AR-19-234c2 intersected 32.0 m at 3.08% U3O8 (471.5 to 503.5 m) including 13.0 m at 7.33% U3O8 (486.5 to 499.5 m). The target was intersected at a dip of -54.1 °, approximately 10.0m along strike to the southwest of AR-16-096c3 (21.5 m at 2.33% IhOs)

AR-19-234c2 intersected 32.0 m at 3.08% U3O8 (471.5 to 503.5 m) including 13.0 m at 7.33% U3O8 (486.5 to 499.5 m). The target was intersected at a dip of -54.1 °, approximately 10.0m along strike to the southwest of AR-16-096c3 (21.5 m at 2.33% IhOs)

AR-19-235c1 intersected 29.0 m at 5.45% U3O8 (561.5 to 590.5 m) including 11.0 m at 14.09% U3O8 (568.5 to 579.5 m). The target was intersected at a dip of -57.2°, approximately 12.0 m down-dip from AR-16-091 c4 (43.5 m at 4.95% U3O8 including 12 m at 16.7% U308);
A3 High-Grade Domains

AR-19-231 c2 intersected 41.0 m at 1.61 % U308 (505.5 to 546.5 m) including 3.0 m at 15.64% U308 (528.5 to 531.5 m). The target was intersected at a dip of -60.0°, approximately 7.0 m up-dip from AR-17-126c2 (28.0 m at 0.49% U308)

AR-19-232c3 intersected 24.0 m at 1.22% U308 (552.0 to 576.0 m) including 2.0 m at 11.99% U308 (556.0 to 558.0 m). The target was intersected at a dip of -56.1 approximately 7.0 m up-dip from AR-16-105c2 (14.0 m at 1.17% U308)

Source :

Posted By : Rabi Wangkhem on Fri, 29 Nov 2019
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