The move comes after the company intersected substantial uranium mineralization, as part of the summer 2014 drilling program.
Five drill holes, RK-14-31, -34, -35, -37, and -39, have been completed and RK-14-32 was discarded at depth, and drilling at AR-14-15 is underway.
Core from all holes has been tested by detailed spectrometer. Mineralization at drill hole RK-14-37 appears to broaden along strike.
The RK-14-37 hole showed 78.05m composite mineralization, including 8.1m off-scale radioactivity at more than 10,000cps within a 227.8m section. At RK-14-31 hole 125.8m of composite mineralization was intersected, including 0.6m off-scale radioactivity at over 10,000cps within a 430.7m section.
NexGen Energy CEO Leigh Curyer said: "The Arrow Discovery is developing into a significant find based on all 14 drill holes hitting mineralization, and it is apparent that there is much left to be delineated in all directions."
"Our initial drilling at Arrow has identified potentially high impact drill targets that will be tested shortly."
Image: Pitchblende mineralization within graphitic shear in RK-14-37, 570-573m downhole. Photo: courtesy of NexGen Energy Ltd.
