Tag: Rook 1 project

NexGen Announces Best Ever Discovery-Phase Intercept At Rook I Property

RK-25-232 intersects broad zone of intense mineralization including 3.9 m of >61,000 cps High-grade subdomain doubles in size to 210 m strike and 335 m vertical extent Represents best hole drilled at any NexGen property, including Arrow, during the discovery-phase of exploration
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Figure 1: Interpreted model of mineralization at PCE (as of this release) and same exploration stage of the A2 shear mineralization from Arrow (as of Spring 2015); both are shown on long sections that look perpendicular to their primary mineralized planes; total mineralized footprint in orange and the high-grade subdomains in red; 2019 Feasibility Study notes 174.2 Mlbs U3O8 measured and indicated hosted by final A2 (CNW Group/NexGen Energy Ltd.)

Figure 1: Interpreted model of mineralization at PCE (as of this release) and same exploration stage of the A2 shear mineralization from Arrow (as of Spring 2015); both are shown on long sections that look perpendicular to their primary mineralized planes; total mineralized footprint in orange and the high-grade subdomains in red; 2019 Feasibility Study notes 174.2 Mlbs U3O8 measured and indicated hosted by final A2 (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is excited to announce the best hole drilled to date, RK-25-232 (Figures 1 and 2). This hole has materially expanded the shallow inner high-grade subdomain at Patterson Corridor East (PCE). 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 First Uranium Sales Contracts for 5 Million Pounds with Major US Utilities

Contracts feature market-related pricing mechanisms at time of delivery aligned with NexGen’s stated marketing strategy Strategic short-term agreements position NexGen to maximize value in strengthening uranium market
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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce it has been awarded the first uranium sales agreements with multiple leading US nuclear utility companies. read more

NexGen Achieves Major Permitting Milestone

The Canadian Nuclear Safety Commission (“CNSC”) has notified NexGen of successful completion of final Federal technical review. This is the key requirement to scheduling a Federal Commission Hearing date and subsequent Federal Project approval decision. The Federal Environmental Assessment (“EA”) and License represent the final major approval steps after having received Provincial EA approval in November 2023. In production, the Rook I Project is poised to make NexGen one of the world’s largest and most environmentally conscious mining companies.
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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is excited and proud to announce a major milestone in the Federal EA process for its 100%owned Rook I Project (“the Project”). The CNSC has provided NexGen formal confirmation that the Company has successfully addressed all information requests received as part of the Federal technical review. With completion of the CNSC technical review, the next and final steps in the Federal approval process include scheduling a Commission Hearing Date for the Project, subject to which the CNSC will render an approval decision on the Project. read more

NexGen Announces Best Hole (RK-24-207) to Date and Material Expansion of Mineralized Zone at Patterson Corridor East

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Figure 1: Schematic plan view of mineralized footprint at Arrow and PCE at the same stage of drilling; gravity as background with low values in blue (CNW Group/NexGen Energy Ltd.)
Figure 1: Schematic plan view of mineralized footprint at Arrow and PCE at the same stage of drilling; gravity as background with low values in blue (CNW Group/NexGen Energy Ltd.)

 NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the mineralized zone at Patterson Corridor East (PCE) has materially expanded since the original discovery in the 2024 Winter Program (see NexGen News Release dated March 11, 2024). The Summer Drill Program commenced May 21st, with eight (8) out of twelve (12) drillholes intersecting mineralization to date (Figures 1 and 2, Table 1). Extensive mineralization plunges to the east with a span of 540 m along strike and 600 m vertical extent, showing wide intervals of elevated radioactivity that remain open at depth and along strike. In comparison, previously reported holes from PCE had identified two mineralized holes, 275 m apart. read more

NexGen Advances Through Completeness Check for the Final Federal Environmental Assessment Process

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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that on June 21, 2024 the Canadian Nuclear Safety Commission (“CNSC“) concluded their 30-day completeness check of NexGen’s May 21, 2024 submission of responses to the remaining 49 technical review comments and revised Federal Environmental Impact Statement (“EIS“) for NexGen’s 100% owned Rook I Project (“Rook I” or the “Project“). read more

NexGen Releases 2023 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 2023 Sustainability Report (“the Report”) that covers the period January 1, 2023 to December 31, 2023. The Report marks the fourth year that NexGen has reported on the Company’s robust Environmental, Social, and Governance (ESG) profile, and is again in accordance with the Global Reporting Initiative (GRI) Standards. read more

NexGen Advances Federal Environmental Assessment Process Through Submission of Responses to Remaining Information Requests

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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce that on May 21st, the Company is submitting to the Federal regulator – the Canadian Nuclear Safety Commission (“CNSC”) – responses to the remaining 49 technical review comments received on February 12, 2024 as part of the Federal Environmental Assessment (“EA”) review process for the Company’s 100% owned Rook I Project (the “Project”). read more