NexGen Energy Ltd. (TSXV:NXE) discovered new zones of uranium mineralization within the first hole in the Arrow prospect, in the Rook 1 project, Athabasca Basin. Multiple structural zones containing uranium mineralization occur to at least 584 m downhole depth, with two sections of off-scale scintillometer counts (total 0.5meters >10,000 cps).
As quoted in the press release:
The first hole at Arrow, RK-14-21, was completed at 663.0 m on Fri 21 February 2014 (Fig 1 & 2). In addition to the 26.2m upper sheared breccia zone from 204.8-231.0 m downhole containing visible pitchblende reported previously, further mineralised zones have been observed at 318.5-319.1 m, 517.9-544.5 m (Fig 3), and 580.0-584.0 m (Fig 4).
Andrew Browne, NexGen’s Vice-President, Exploration and Development, commented “This first hole at the Arrow prospect is very encouraging. The dominant mineralisation control appears to be entirely structural, as targeted. The number and widths of structural zones, the depth of mineralisation intersected, and the multiple occurrence of apparently high-grade off-scale zones are all highly encouraging features for future drilling.”
NexGen Energy CEO Leigh Curyer, said:
RK-14-21 just kept getting better. It is highly encouraging. Andrew and the technical team deserve credit for this result on the very first hole. Both rigs are now focused purely on Arrow until additional rigs can be sought to drill the other 11 western located Rook I target areas. We have a lot more drilling to do. As stated last week, this result indicates the potential of this south-western section of the Athabasca Basin in becoming a new prolific uranium district.