Tag: Rook 1 deposit

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 Receives Strong Support for Rook I Project Financing in Excess of US$1 Billion

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that it has received significant initial interest from prospective financial institutions, including commercial lenders and export credit agencies, for providing project financing for the Rook I Project (the “Project” or “Rook I”). To date, NexGen has received non-binding expressions of interest totalling over US$1 Billion in available debt for the Project, subject to acceptable financing terms and conditions as well as satisfactory due diligence (including environmental and social reviews) and the entering into of definitive documentation. 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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T.NXE, NexGen, uranium
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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T.NXE, NexGen, uranium

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 Announces Submission of the Rook I Project Environmental Impact Statement

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T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce a major milestone in the advancement of regulatory approvals for the 100% owned Rook I Project (“Rook I” or the “Project”) with the submission of the draft Environmental Impact Statement (“EIS”) to the Saskatchewan Ministry of Environment (“ENV”) and the Canadian Nuclear Safety Commission (“CNSC”). The EIS submission included letters of support for the Project from each of the Clearwater River Dene Nation (CRDN), Birch Narrows Dene Nation (BNDN), and Buffalo River Dene Nation (BRDN), which all have also endorsed the Project through the execution of Benefit Agreements with NexGen covering the entire lifespan of the Project. read more

NexGen Releases Inaugural Sustainability Report

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T.NXE, NexGen, uranium

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

NexGen Signs Four Study Agreements With Local Communities

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T.NXE, NexGen, uranium
Map 1: Rook I Project location and communities (CNW Group/NexGen Energy Ltd.)
Map 1: Rook I Project location and communities (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to report a new milestone in its Environmental Assessment process. NexGen has successfully entered into Study Agreements with four local communities within the project area. read more