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NexGen Energy Ltd.

09:51 AM EST - NexGen Energy Ltd. : Reported assay results for seven holes from our recently completed winter 2016 drilling program on its 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Scissor drilling collared from the southeast to the northwest at the Arrow Deposit has returned extensive high grade uranium mineralization in the higher grade A2 sub- Scissor hole AR-16-91c2 (38 m up-dip and northeast from AR-15-44b) intersected 40.5 m at 12.69% U3O8 (522.0 to 562.5 m) including 25.0 m at 19.97% U3O8 (526.0 to 551.0 m) and 1.5 m at 63.93% U3O8 (541.0 to 542.5 m). NexGen Energy Ltd. shares T.NXE are trading up $0.05 at $2.40.