INCREASED MINERALISATION
The discovery of new uranium-mineralised zones in the Athabasca basin indicates the region’s potential to become a prolific uranium district
Photo by: Bloomberg
CANADA-based uranium exploration and development company NexGen Energy has announced the discovery of new uranium mineralisation zones in the first hole of the Rook 1 project’s Arrow prospect in the south-west Athabasca basin, in Saskatchewan, Canada.
The first hole at Arrow, RK-14-21, was completed at 663 m in February. In addition to the 26.2 m upper sheared breccia zone, containing previously reported visible pitchblende, or uraninite, between 204.8 m and 231 m downhole, further mineralised zones have been observed between 318.5 m and 584 m downhole.
NexGen Exploration and Development VP Andrew Browne says: “This first hole at the Arrow prospect is encouraging, as 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 app- arently high-grade off-scale zones are also all encouraging features for future drilling.”
NexGen CEO Leigh Curyer adds: “RK-14-21 just kept getting better. Browne 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 1 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 to become a new prolific uranium district.”
Hole RK-14-25 has started drilling from the same collar as Hole 21, but at a shallower angle. Hole RK-14-24 is located 30 m along strike from Hole 21 to the north-east.