Tag: Arrow Deposit

NexGen Announces Regulatory Approval of 2025 Site Program at Rook I Property

2025 Program includes a temporary exploration airstrip, expansion of exploration camp facilities and site access road improvements. Patterson Corridor East (“PCE”) discovery is expanding rapidly and the 2025 Program will optimize this growth. Incorporating NexGen’s longstanding approach, the 2025 Program will prioritize and maximize local business opportunities.
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NexGen Energy Ltd.  (TSX: NXE) (NYSE: NXE) (ASX: NXG) (“NexGen” or the “Company”) is pleased to announce that the Saskatchewan Ministry of Environment has granted approval for NexGen’s 2025 Site Program (the “Program”) at its 100%-owned Rook I Property in the Athabasca Basin, Saskatchewan. The Program includes the establishment of a temporary exploration airstrip, expansion of the exploration accommodation camp facilities by 373 beds and site access road improvements. read more

NexGen Commences Expanded 43,000 Meter Drill Program at Patterson Corridor East

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Figure 1: PCE area with drilling to date and relative location to Arrow. The primary target area (shown in green) outlines where testing for high-grade expansion and footprint extents will focus. (CNW Group/NexGen Energy Ltd.)
Figure 1: PCE area with drilling to date and relative location to Arrow. The primary target area (shown in green) outlines where testing for high-grade expansion and footprint extents will focus. (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is excited to announce the commencement of a 43,000 meter (m) exploration drill program to continue to test the extents and growth of mineralization discovered in early 2024 at Patterson Corridor East (PCE) located 3.5 km east of the world-class Arrow Deposit. This systematic program represents an increase of 9,000 m from the 2024 program and is expected to be one of the largest drill programs in the Athabasca Basin, Saskatchewan in 2025. The initial results at PCE revealed vein-type uranium mineralization intersected within the competent basement rock, highly analogous to Arrow. Since discovery, the mineralized footprint at PCE has rapidly grown to 600 m along strike and 600 m of vertical extent (see November 12, 2024 news release). read more

NexGen Announces Best Hole to Date (RK-24-222) and High-Grade Expansion at Patterson Corridor East Concluding a Successful 2024 Drilling Program

NexGen’s 2024 exploration campaign delivered a new discovery on Rook I at Patterson Corridor East (“PCE”) 3.5km east of Arrow. Subsequent drilling has materially expanded the mineralized zone to 600 m strike length and 600 m vertical extent with 19 of 30 holes intersecting mineralization including 10 holes with multiple intervals >10,000 cps. Today’s announcement highlights the best hole to date at PCE (RK-24-222) returns 17.0 m wide vein with multiple high intensity (>61,000 cps) occurrences. In 2024, PCE is the largest drill program in the Athabasca Basin by any Company at 34,000 meters (m).
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Figure 1: Map view of PCE target area with the mineralized footprint wireframe shown in red; as of November 11, 2024 (CNW Group/NexGen Energy Ltd.)

Figure 1: Map view of PCE target area with the mineralized footprint wireframe shown in red; as of November 11, 2024 (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is proud to announce the completion of its 2024 drilling campaign at Patterson Corridor East (PCE) that included more than 34,000 m across a total of 46 drillholes. Upon initial discovery of intense uranium mineralization at PCE (see March 11 News Release), the Company directed all drilling activity to focus exclusively on PCE, whereby 19 of 30 holes intersected mineralization. Bold and systematic spacing of drillhole intercepts have quickly grown the discovery from a single hole to a broad and continuous new uranium discovery. Real-time evaluation of results throughout the duration of the program focused on determining the overall outer extents of the mineralized zone and in parallel, precisely targeting high-grade sub-domains (Figures 1 and 2, Table 1). read more

NexGen Announces Additional Mineralization Discovered at Patterson Corridor East, Assays from RK-24-183 and Commencement of Expanded Summer Exploration Program

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Figure 1: Schematic cross-section showing early holes at Arrow and PCE with relative depths of mineralization; follow up will primarily focus on blue shaded area down dip and along strike (CNW Group/NexGen Energy Ltd.)
Figure 1: Schematic cross-section showing early holes at Arrow and PCE with relative depths of mineralization; follow up will primarily focus on blue shaded area down dip and along strike (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce drilling at Patterson Corridor East (“PCE“) has intersected mineralization in RK-24-193 over 67.5 metres (m) (383.5 to 451 m) across various intervals including up to 7,500 cps over 1.5 m (Figures 1 to 4, Table 1). RK-24-193 is located 275 m southwest along strike of RK-24-183 (discovery hole) and at approximately the same depth below surface. read more

NexGen 2021 Drilling Assay Results Confirm Uranium Mineralization Below Arrow At Depth and Commencement of 2022 Regional Exploration Program

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Figure 1: 2022 Exploration Target Areas (CNW Group/NexGen Energy Ltd.)
Figure 1: 2022 Exploration Target Areas (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce drill assays from 2021 confirm discovery of a uranium mineralized zone below the known Arrow Deposit and at Camp East: read more

Canadian Nuclear Safety Commission Approves NexGen Draft EIS to Proceed to Technical Review

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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that on July 12, 2022, the Canadian Nuclear Safety Commission (“CNSC”) announced their acceptance of the draft Environmental Impact Statement (the “EIS”) which the Company completed submission of in June 2022 (see News Release dated June 21, 2022). The acceptance of the draft EIS for NexGen’s 100% owned Rook I Project (“Rook I” or the “Project”) located in Saskatchewan’s southwestern Athabasca Basin follows a 30-day period during which the CNSC conducted a conformance review of the draft EIS submission and confirmed no comments or conditions.  Further, the acceptance marks the formal commencement of the 90-day period during which the CNSC will coordinate both the Federal technical and public review of the draft EIS. read more

NexGen Reports 2021 Exploration and Site Geotechnical Confirmation Drilling Results

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Figure 1: 2021 Exploration – Drill holes Completed (CNW Group/NexGen Energy Ltd.)
Figure 1: 2021 Exploration – Drill holes Completed (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce radioactivity results and the completion of the 2021 field programs that focused on exploration and a detailed geotechnical site confirmation program at the Arrow Deposit (“Arrow” or the “Project”) at the 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. read more

NexGen Awards Hatch EPCM Contract as Front-End Engineering Design (“FEED”) for the Rook I Project Commences

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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that the Company has awarded the engineering, procurement, and construction management (“EPCM”) contract for the FEED stage of the Rook I Project to Hatch with work well underway.  Hatch is a global leader in project management and engineering with extensive experience delivering mining projects in Saskatchewan and across Canada. read more

NexGen Releases Inaugural Sustainability Report

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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the release of its inaugural Sustainability Report, available online on the Company’s website nexgenenergy.ca in the Responsible Development section. The 2020 report provides a comprehensive overview of NexGen’s commitment and approach to maximizing value for all stakeholders and outlines the five key areas of focus that have been identified as foundational to NexGen’s responsible growth strategy. read more