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NexGen Reports Assay Results From Athabasca Basin

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Archived news summary. This item reflects its original publication date. Follow the source link below for the publisher’s full article.

Canadian exploration and mining development company NexGen Energy has announced assay results from additional angled drill holes from what it calls a hightly successful 2015 program on the 100 percent owned Rook I property in the Athabasca Basin.

The uranium rich Athabasca Basin is located in northern Saskatchewan.

NexGen said assays from one drill hole, (designated AR-15-61c2), represent the best returned from the A3 shear to this date. The drill hole included strong uranium grades in two separate and wide intersections.

The second of the two intersections represent “a continuous grade x thickness (“GT”) of 236, which is the best to date in the A3 shear.

Another drill hole, (designated AR-15-59c3), also intersected high-grade uranium mineralization at the currently defined southwest extent of the A3 shear, including 4.5 m at 13.17 percent U308, NexGen said.

“Hole AR-15-59c3 also intersected highgrade uranium mineralization at the currently defined southwest extent of the A3 shear including 4.5 m at 13.17% U3O8. High-grade uranium intercepts in the A3 shear from holes AR-15-61c2 and -59c3 are open and represent top priority drill targets for the 30,000 m winter 2016 drill program. AR-15-62 which intersected 30.35 m of off-scale radioactivity (>10,000 to >61,000 cps) in the higher grade A2 sub-zone is the only hole that has assay results pending from the summer 2015 program."

More details are available at the NexGen Web site at http://www.nexgenenergy.ca/s/news-releases.asp.


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