NexGen Announces Updated Mineral Resource Estimate for the Arrow Deposit

nexgen, V.NXE, uranium

NexGen Energy Ltd.(TSX:NXE, OTCQX:NXGEF) is pleased to announce the results of its updated independent Mineral Resource estimate for the basement-hosted Arrow uranium deposit on the Company’s 100% owned Rook I property in Saskatchewan’s Athabasca Basin. Based on holes drilled to early November 2016 (AR-14-01 to AR-16-113c2), the estimate comprises an Indicated Mineral Resource of 179.5 M lbs of U3O8 contained in 1.18 M tonnes grading 6.88% U3O8, including the A2 High Grade Core of 164.9 M lbs of U3O8 contained in 0.40 M tonnes grading 18.84% U3O8 and an Inferred Mineral Resource of 122.1 M lbs of U3O8 contained in 4.25 M tonnes grading 1.30% U3O8.
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