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NexGen Energy Ltd.

10:31 AM EST - NexGen Energy Ltd. : Reported assay results for four angled holes from its highly successful winter 2016 drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Drilling in the A2 shear at the Arrow Deposit continues to deliver strong assay results. Drill hole AR-16-76c3 which was drilled 58 m up-dip and southwest from hole AR-15-44b (56.5 m at 11.55% U3O8) has intersected 74.0 m at 10.28% U3O8 in the higher grade A2 sub-zone. This intercept, which represents a continuous grade x thickness of 761 also includes 50.0 m at 15.05% U3O8, 11.5 m at 49.53% U3O8 and 0.5 m at 80.00% U3O8. Also in the Sub-Zone, drill hole AR-16-78c1 intersected 37.5 m at 12.94% U3O8 and was drilled 69 m up-dip and northeast of hole AR-15-44b. NexGen Energy Ltd. shares V.NXE are trading up $0.05 at $2.56.