NexGen Announces Best Hole to Date (RK-24-222) and High-Grade Expansion at Patterson Corridor East Concluding a Successful 2024 Drilling Program
Press Release
-
- 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).
VANCOUVER, BC, Nov. 12, 2024 – 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).
In late October, a high-grade portion has presented itself within the overall mineralized zone with upgraded intensity of mineralization in the now best hole to date, RK-24-222 (Figure 3). A 17.0 m wide vein with multiple occurrences of off-scale (>61,000 cps) mineralization (Table1, Figure 3). In addition, RK-24-220 and -223 intersected strong mineralization up to 41,000 cps and 40,000 cps, respectively including multiple intercepts of >10,000 cps. System strength is confirmed by these zones characterized by semi-massive to massive replacement by uraninite. A high-grade sub-domain of the mineralized footprint now covers 100 m of strike and 170 m of depth extent with potential growth in all directions (Figure 2). The high-grade intersection in RK-24-222 represents the fifth drillhole at PCE to return off-scale (>61,000 cps) mineralization, joining previous significant intersections in RK-24-183, -197, -202, and -207.
Leigh Curyer, Chief Executive Officer, commented: “This focused effort has elevated the materiality of PCE and today’s results highlight the increasing potential of the PCE system with RK-24-222. With 600 m of strike length and 600 m of depth extent, this new zone located entirely within competent basement rock only 3.5 km from the flagship world-class Arrow deposit has emerged as a compelling and prospective addition to NexGen’s dominant portfolio in the south western section of the Athabasca Basin.
NexGen’s disciplined dual focus on the advancement of the Rook I Project and the expanded exploration at PCE demonstrates the Company’s commitment to unlocking the full potential of this major uranium district at a time where the need for clean affordable safe baseload energy has never been more evident. With the world’s leading tech companies all committing to nuclear power in recent month’s the outlook is incredibly exciting in the nuclear fuel space.”
Assays from disclosed intersections are expected in Q4 2024 and Q1 2025, with reporting to follow. Exploration activity will resume in January 2025 with planning underway for a significant drill program at PCE where the prospectivity for material growth is clearly evident.
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 2: Schematic long section comparison from mid-summer 2024 to November 2024 of mineralized footprint at PCE; additional drilling has maintained internal continuity with modest expansion in most directions (CNW Group/NexGen Energy Ltd.)
Figure 3: Core photo from RK-24-222; high-grade mineralization is hosted near continuously within an overall vein width of 17.0 m from 604.5 to 621.5 m with a secondary vein below from 623.0 to 626.0 m; yellow outlines >1,000 cps while red outlines >10,000 cps (CNW Group/NexGen Energy Ltd.)
Figure 4: RK-24-222 close-up of off-scale (>61,000 cps) massive replacement by uraninite haloed by hematite at 607.4 m (CNW Group/NexGen Energy Ltd.)
Figure 5: RK-24-222 semi-massive replacement by uraninite accompanied by argillization and hematite at 618.5 m, max peak of >61,000 cps (CNW Group/NexGen Energy Ltd.)
Table 1: 2024 Spectrometer results since previous release on August 8, 2024
| Drillhole | Unconformity Depth (m) |
Handheld Spectrometer Results (RS-125) | ||||||
| Hole ID | Azimuth | Dip | Total Depth (m) |
From (m) |
To (m) | Width (m) |
CPS Range | |
| RK-24-208 | 310 | -70 | 756 | 104.3 | 435 | 435.5 | 0.5 | <500 |
| 435.5 | 436 | 0.5 | <500 – 710 | |||||
| 522 | 522.5 | 0.5 | <500 | |||||
| 523 | 523.5 | 0.5 | <500 | |||||
| 655 | 655.5 | 0.5 | <500 – 750 | |||||
| 655.5 | 656 | 0.5 | <500 | |||||
| 657.5 | 658 | 0.5 | <500 | |||||
| 658.5 | 659 | 0.5 | <500 | |||||
| 665.5 | 666 | 0.5 | <500 | |||||
| 666 | 666.5 | 0.5 | <500 – 610 | |||||
| 669.5 | 670.5 | 1 | <500 | |||||
| 670.5 | 671 | 0.5 | 560 – 950 | |||||
| 671 | 671.5 | 0.5 | 1400 – 3560 | |||||
| 673 | 673.5 | 0.5 | <500 – 690 | |||||
| 673.5 | 674 | 0.5 | 500 – 1140 | |||||
| 674 | 675 | 1 | <500 | |||||
| 680 | 681 | 1 | <500 | |||||
| 685.5 | 686 | 0.5 | <500 – 600 | |||||
| 686.5 | 687 | 0.5 | 600 – 800 | |||||
| 687 | 687.5 | 0.5 | 900 – 3000 | |||||
| 687.5 | 688 | 0.5 | <500 – 3000 | |||||
| 689 | 689.5 | 0.5 | <500 – 500 | |||||
| 689.5 | 690 | 0.5 | 1300 – 5700 | |||||
| 690 | 690.5 | 0.5 | <500 – 2400 | |||||
| 690.5 | 691 | 0.5 | <500 | |||||
| 691.5 | 692 | 0.5 | <500 – 1800 | |||||
| 692 | 692.5 | 0.5 | <500 – 1600 | |||||
| 692.5 | 693 | 0.5 | <500 | |||||
| 693 | 693.5 | 0.5 | <500 – 1300 | |||||
| 693.5 | 694 | 0.5 | <500 – 500 | |||||
| 694 | 694.5 | 0.5 | <500 – 610 | |||||
| 694.5 | 695 | 0.5 | <500 – 600 | |||||
| 695 | 695.5 | 0.5 | 550 – 1500 | |||||
| 695.5 | 696 | 0.5 | <500 – 3500 | |||||
| 696 | 696.5 | 0.5 | <500 – 810 | |||||
| 697.5 | 698.5 | 1 | <500 | |||||
| RK-24-209 | 310 | -70 | 840 | 110.7 | 395 | 396 | 1 | <500 |
| 627.5 | 628 | 0.5 | <500 – 510 | |||||
| 695 | 695.5 | 0.5 | <500 | |||||
| 759 | 759.5 | 0.5 | <500 – 600 | |||||
| RK-24-210 | 310 | -70 | 1095 | 102.4 | 639 | 639.5 | 0.5 | <500 |
| 639.5 | 640 | 0.5 | <500 – 510 | |||||
| 640 | 640.5 | 0.5 | <500 | |||||
| 854 | 854.5 | 0.5 | <500 – 700 | |||||
| 854.5 | 855 | 0.5 | <500 | |||||
| 855.5 | 856 | 0.5 | <500 – 1600 | |||||
| 856 | 856.5 | 0.5 | <500 – 1800 | |||||
| 857.5 | 858 | 0.5 | <500 | |||||
| 858 | 858.5 | 0.5 | <500 – 1600 | |||||
| 862 | 862.5 | 0.5 | <500 – 950 | |||||
| 863.5 | 864 | 0.5 | <500 – 700 | |||||
| 869 | 869.5 | 0.5 | <500 – 600 | |||||
| 869.5 | 870 | 0.5 | <500 – 500 | |||||
| 874.5 | 875 | 0.5 | <500 – 550 | |||||
| 875.5 | 876 | 0.5 | <500 – 3800 | |||||
| 876 | 876.5 | 0.5 | 2700 – 6500 | |||||
| 876.5 | 877 | 0.5 | <500 – 1100 | |||||
| 877 | 879 | 2 | <500 | |||||
| 879 | 879.5 | 0.5 | <500 – 1200 | |||||
| 879.5 | 880 | 0.5 | <500 – 700 | |||||
| 880 | 880.5 | 0.5 | <500 – 750 | |||||
| 880.5 | 881 | 0.5 | 600 – 1200 | |||||
| 881 | 881.5 | 0.5 | <500 – 600 | |||||
| 881.5 | 882 | 0.5 | <500 – 900 | |||||
| 882 | 882.5 | 0.5 | <500 – 1500 | |||||
| 882.5 | 883 | 0.5 | 800 – 3400 | |||||
| 883 | 883.5 | 0.5 | <500 – 520 | |||||
| 884.5 | 885 | 0.5 | <500 | |||||
| 885.5 | 886 | 0.5 | <500 – 600 | |||||
| 886 | 886.5 | 0.5 | <500 – 1100 | |||||
| 886.5 | 887 | 0.5 | <500 – 1600 | |||||
| 888 | 888.5 | 0.5 | <500 | |||||
| 888.5 | 889 | 0.5 | <500 – 900 | |||||
| 915.5 | 916.5 | 1 | <500 | |||||
| 920 | 920.5 | 0.5 | <500 – 500 | |||||
| 921 | 921.5 | 0.5 | <500 – 700 | |||||
| 921.5 | 922 | 0.5 | <500 | |||||
| RK-24-211 | 310 | -70 | 1302 | 103.1 | 776.5 | 777 | 0.5 | <500 |
| 784 | 784.5 | 0.5 | <500 | |||||
| 1116.5 | 1117 | 0.5 | <500 | |||||
| RK-24-212 | 315 | -70 | 137 | 121 | No Significant Intersections | |||
| RK-24-213 | 310 | -70 | 936 | 87 | No Significant Intersections | |||
| RK-24-214 | 310 | -70 | 989 | 111.6 | 463 | 463.5 | 0.5 | <500 |
| 466.5 | 467 | 0.5 | <500 | |||||
| 859.5 | 860 | 0.5 | <500 | |||||
| 862.5 | 863.5 | 1 | <500 | |||||
| 863.5 | 864 | 0.5 | <500 – 950 | |||||
| 865 | 865.5 | 0.5 | <500 | |||||
| 865.5 | 866 | 0.5 | <500 – 540 | |||||
| 866 | 866.5 | 0.5 | <500 – 1400 | |||||
| 867.5 | 868 | 0.5 | <500 | |||||
| 868 | 868.5 | 0.5 | <500 – 650 | |||||
| 868.5 | 869 | 0.5 | <500 – 2200 | |||||
| 869.5 | 870 | 0.5 | <500 | |||||
| RK-24-215 | 310 | -70 | 840 | 114.8 | 542 | 542.5 | 0.5 | 600 – 1300 |
| 542.5 | 543 | 0.5 | 2200 – 3200 | |||||
| 543 | 543.5 | 0.5 | 6000 – 11000 | |||||
| 543.5 | 544 | 0.5 | <500 – 5000 | |||||
| 544 | 544.5 | 0.5 | <500 – 700 | |||||
| 544.5 | 545 | 0.5 | 600 – 3500 | |||||
| 545 | 545.5 | 0.5 | 500 – 1800 | |||||
| 545.5 | 546 | 0.5 | <500 – 700 | |||||
| 546 | 546.5 | 0.5 | <500 – 1400 | |||||
| 546.5 | 547 | 0.5 | <500 – 1150 | |||||
| 547 | 547.5 | 0.5 | <500 | |||||
| 551.5 | 552 | 0.5 | <500 – 1700 | |||||
| 552 | 553.5 | 1.5 | <500 | |||||
| 564.5 | 565 | 0.5 | <500 – 700 | |||||
| 570 | 570.5 | 0.5 | <500 | |||||
| 570.5 | 571 | 0.5 | <500 – 800 | |||||
| 571 | 571.5 | 0.5 | <500 | |||||
| 571.5 | 572 | 0.5 | <500 – 600 | |||||
| 572 | 572.5 | 0.5 | <500 | |||||
| 583.5 | 584 | 0.5 | <500 | |||||
| 584.5 | 585 | 0.5 | <500 | |||||
| 585 | 585.5 | 0.5 | 600 – 1500 | |||||
| 585.5 | 586 | 0.5 | <500 – 550 | |||||
| 586 | 586.5 | 0.5 | <500 – 700 | |||||
| 586.5 | 587 | 0.5 | <500 – 800 | |||||
| 587 | 588 | 1 | <500 | |||||
| 588 | 588.5 | 0.5 | 600 – 2000 | |||||
| 588.5 | 589 | 0.5 | 700 – 2100 | |||||
| 589 | 589.5 | 0.5 | <500 – 1300 | |||||
| 589.5 | 590 | 0.5 | 1200 – 1500 | |||||
| 590.5 | 591 | 0.5 | <500 | |||||
| 600 | 600.5 | 0.5 | <500 – 500 | |||||
| 604.5 | 605 | 0.5 | <500 | |||||
| 608.5 | 609 | 0.5 | <500 | |||||
| 609 | 609.5 | 0.5 | 800 – 2850 | |||||
| 609.5 | 610 | 0.5 | <500 | |||||
| 610 | 610.5 | 0.5 | <500 – 850 | |||||
| 621.5 | 622 | 0.5 | <500 – 1500 | |||||
| 622 | 622.5 | 0.5 | <500 – 700 | |||||
| 643 | 643.5 | 0.5 | <500 | |||||
| 646 | 646.5 | 0.5 | <500 – 700 | |||||
| 646.5 | 647 | 0.5 | <500 – 1300 | |||||
| 647 | 647.5 | 0.5 | <500 – 2500 | |||||
| 647.5 | 648 | 0.5 | <500 – 700 | |||||
| 648 | 649 | 1 | <500 | |||||
| 657 | 657.5 | 0.5 | <500 – 1200 | |||||
| 658 | 658.5 | 0.5 | <500 – 500 | |||||
| 658.5 | 659 | 0.5 | <500 – 500 | |||||
| 659 | 659.5 | 0.5 | <500 – 1950 | |||||
| 665.5 | 666 | 0.5 | <500 – 600 | |||||
| 681 | 681.5 | 0.5 | <500 – 900 | |||||
| 681.5 | 682 | 0.5 | <500 – 850 | |||||
| RK-24-216 | 310 | -70 | 1071 | 99.7 | 787 | 787.5 | 0.5 | <500 – 600 |
| 787.5 | 788 | 0.5 | 1100 – 3700 | |||||
| 788 | 788.5 | 0.5 | 800 – 1200 | |||||
| 788.5 | 789 | 0.5 | <500 | |||||
| 789.5 | 790 | 0.5 | <500 – 700 | |||||
| 790 | 790.5 | 0.5 | <500 – 700 | |||||
| 790.5 | 791 | 0.5 | <500 | |||||
| 791.5 | 792 | 0.5 | <500 – 550 | |||||
| 805 | 805.5 | 0.5 | <500 – 740 | |||||
| 805.5 | 806 | 0.5 | <500 | |||||
| 807.5 | 808.5 | 1 | <500 | |||||
| 811.5 | 812 | 0.5 | <500 – 5800 | |||||
| 815 | 815.5 | 0.5 | <500 – 760 | |||||
| 815.5 | 816 | 0.5 | <500 – 700 | |||||
| 819 | 820 | 1 | <500 | |||||
| RK-24-217 | 310 | -70 | 1185 | 105.6 | 519 | 520 | 1 | <500 |
| 528.5 | 529 | 0.5 | <500 | |||||
| 709 | 710 | 1 | <500 | |||||
| RK-24-217a | 310 | -70 | 120 | 105.1 | No Significant Intersections | |||
| RK-24-218 | 310 | -70 | 696 | 109.6 | 325.5 | 326 | 0.5 | <500 – 830 |
| 424.5 | 425 | 0.5 | <500 – 550 | |||||
| 425.5 | 426 | 0.5 | <500 | |||||
| 463.5 | 464 | 0.5 | <500 – 520 | |||||
| 494.5 | 495 | 0.5 | <500 – 550 | |||||
| 515.5 | 516 | 0.5 | <500 | |||||
| 516 | 516.5 | 0.5 | <500 – 700 | |||||
| 516.5 | 517 | 0.5 | <500 – 1200 | |||||
| 517 | 517.5 | 0.5 | 500 – 4300 | |||||
| 517.5 | 518 | 0.5 | <500 – 1200 | |||||
| 518 | 518.5 | 0.5 | 1000 – 2000 | |||||
| 518.5 | 519 | 0.5 | <500 – 1000 | |||||
| RK-24-219 | 310 | -70 | 1187 | 99.8 | 758.5 | 759 | 0.5 | <500 – 1050 |
| 759.5 | 760 | 0.5 | <500 – 1100 | |||||
| 897.5 | 898 | 0.5 | <500 | |||||
| 982 | 982.5 | 0.5 | <500 – 570 | |||||
| RK-24-220 | 310 | -70 | 732 | 116 | 387 | 387.5 | 0.5 | <500 |
| 445.5 | 446 | 0.5 | <500 – 510 | |||||
| 446 | 446.5 | 0.5 | <500 – 660 | |||||
| 446.5 | 447 | 0.5 | <500 | |||||
| 452 | 452.5 | 0.5 | <500 – 2400 | |||||
| 452.5 | 453 | 0.5 | <500 – 2000 | |||||
| 453 | 454.5 | 1.5 | <500 | |||||
| 454.5 | 455 | 0.5 | <500 – 650 | |||||
| 455.5 | 456 | 0.5 | <500 – 1700 | |||||
| 456 | 456.5 | 0.5 | 600 – 1300 | |||||
| 456.5 | 457 | 0.5 | <500 – 1200 | |||||
| 457 | 457.5 | 0.5 | 700 – 27000 | |||||
| 457.5 | 458 | 0.5 | 1700 – 41000 | |||||
| 459.5 | 460 | 0.5 | <500 – 550 | |||||
| 460 | 461 | 1 | <500 | |||||
| 461 | 461.5 | 0.5 | <500 – 7000 | |||||
| 461.5 | 462 | 0.5 | <500 – 6000 | |||||
| 462 | 462.5 | 0.5 | 740 – 2000 | |||||
| 462.5 | 463 | 0.5 | 3500 – 4500 | |||||
| 463 | 463.5 | 0.5 | 1300 – 6000 | |||||
| 463.5 | 464 | 0.5 | 600 – 6500 | |||||
| 464 | 464.5 | 0.5 | 600 – 2000 | |||||
| 464.5 | 465 | 0.5 | 700 – 4000 | |||||
| 465 | 465.5 | 0.5 | <500 – 5600 | |||||
| 465.5 | 466 | 0.5 | 1200 – 8200 | |||||
| 466 | 466.5 | 0.5 | <500 – 6000 | |||||
| 477.5 | 478 | 0.5 | <500 – 750 | |||||
| 478 | 478.5 | 0.5 | <500 – 800 | |||||
| 479 | 479.5 | 0.5 | <500 | |||||
| 479.5 | 480 | 0.5 | <500 – 800 | |||||
| 480 | 480.5 | 0.5 | <500 – 680 | |||||
| 480.5 | 481 | 0.5 | 680 – 1300 | |||||
| 481 | 481.5 | 0.5 | <500 – 600 | |||||
| 481.5 | 482 | 0.5 | <500 | |||||
| 482 | 482.5 | 0.5 | <500 – 520 | |||||
| 482.5 | 483 | 0.5 | <500 – 520 | |||||
| 483 | 483.5 | 0.5 | <500 | |||||
| 483.5 | 484 | 0.5 | <500 – 800 | |||||
| 484 | 484.5 | 0.5 | <500 – 1100 | |||||
| 484.5 | 485 | 0.5 | <500 – 16000 | |||||
| 485 | 485.5 | 0.5 | 3000 – 16000 | |||||
| 485.5 | 486 | 0.5 | <500 – 7000 | |||||
| 486 | 486.5 | 0.5 | <500 – 13000 | |||||
| 486.5 | 487 | 0.5 | <500 – 1200 | |||||
| 487 | 488 | 1 | <500 | |||||
| 489 | 489.5 | 0.5 | <500 – 640 | |||||
| 489.5 | 490 | 0.5 | <500 – 950 | |||||
| 490 | 490.5 | 0.5 | <500 – 800 | |||||
| 490.5 | 491 | 0.5 | <500 – 2100 | |||||
| 491 | 491.5 | 0.5 | <500 – 6000 | |||||
| 491.5 | 492 | 0.5 | <500 – 840 | |||||
| 495 | 495.5 | 0.5 | <500 | |||||
| 495.5 | 496 | 0.5 | <500 – 6800 | |||||
| 496 | 496.5 | 0.5 | <500 – 4100 | |||||
| 496.5 | 497 | 0.5 | <500 – 6000 | |||||
| 497 | 497.5 | 0.5 | 2600 – 2600 | |||||
| 497.5 | 498 | 0.5 | <500 – 500 | |||||
| 498 | 498.5 | 0.5 | <500 – 1800 | |||||
| 498.5 | 499 | 0.5 | <500 | |||||
| 503 | 503.5 | 0.5 | <500 – 1500 | |||||
| 503.5 | 504.5 | 1 | <500 | |||||
| 525.5 | 526 | 0.5 | <500 | |||||
| 539 | 539.5 | 0.5 | <500 | |||||
| 539.5 | 540 | 0.5 | 540 – 7300 | |||||
| 570.5 | 571 | 0.5 | <500 – 730 | |||||
| 579.5 | 580 | 0.5 | <500 | |||||
| 580 | 580.5 | 0.5 | <500 – 510 | |||||
| 580.5 | 581 | 0.5 | <500 – 520 | |||||
| 583 | 583.5 | 0.5 | <500 | |||||
| 583.5 | 584 | 0.5 | <500 – 1500 | |||||
| 584 | 584.5 | 0.5 | <500 – 620 | |||||
| 596.5 | 597 | 0.5 | <500 – 1300 | |||||
| 597 | 597.5 | 0.5 | <500 – 1300 | |||||
| 599.5 | 600 | 0.5 | <500 | |||||
| RK-24-221 | 310 | -70 | 861.6 | 115.9 | 302 | 302.5 | 0.5 | <500 |
| 302.5 | 303 | 0.5 | <500 – 600 | |||||
| 303 | 303.5 | 0.5 | <500 – 830 | |||||
| 594.5 | 595 | 0.5 | <500 | |||||
| 595 | 595.5 | 0.5 | <500 – 1700 | |||||
| 597.5 | 598 | 0.5 | <500 – 5500 | |||||
| 599 | 599.5 | 0.5 | <500 – 2700 | |||||
| 642 | 642.5 | 0.5 | <500 | |||||
| 642.5 | 643 | 0.5 | <500 – 520 | |||||
| 643 | 643.5 | 0.5 | <500 – 1100 | |||||
| 644 | 644.5 | 0.5 | <500 | |||||
| 650.5 | 651 | 0.5 | <500 – 670 | |||||
| 697.5 | 698 | 0.5 | <500 | |||||
| 698 | 698.5 | 0.5 | <500 – 2300 | |||||
| RK-24-222 | 354 | -65 | 753 | 108.4 | 588 | 588.5 | 0.5 | 770 – 1200 |
| 598 | 599.5 | 1.5 | <500 | |||||
| 602.5 | 603 | 0.5 | <500 – 820 | |||||
| 603 | 603.5 | 0.5 | 640 – 2000 | |||||
| 603.5 | 604.5 | 1 | <500 | |||||
| 604.5 | 605 | 0.5 | 3000 – 20000 | |||||
| 605 | 605.5 | 0.5 | 5800 – 17000 | |||||
| 605.5 | 605.6 | 0.1 | 18000 – 60000 | |||||
| 605.6 | 605.7 | 0.1 | >61000 | |||||
| 605.7 | 606 | 0.3 | 9000 – 60000 | |||||
| 606 | 606.5 | 0.5 | 1800 – 10000 | |||||
| 606.5 | 607 | 0.5 | <500 – 730 | |||||
| 607 | 607.4 | 0.4 | 3000 – 60000 | |||||
| 607.4 | 607.8 | 0.4 | >61000 | |||||
| 607.8 | 608 | 0.2 | 5000 – 60000 | |||||
| 608 | 608.2 | 0.2 | 16000 – 60000 | |||||
| 608.2 | 608.4 | 0.2 | >61000 | |||||
| 608.4 | 608.5 | 0.1 | 10000 – 60000 | |||||
| 608.5 | 609 | 0.5 | 6400 – 42000 | |||||
| 609 | 609.5 | 0.5 | 10000 – 25000 | |||||
| 609.5 | 610 | 0.5 | 7000 – 25000 | |||||
| 610 | 610.5 | 0.5 | <500 – 6000 | |||||
| 610.5 | 610.9 | 0.4 | 7000 – 60000 | |||||
| 610.9 | 611 | 0.1 | >61000 | |||||
| 611 | 611.5 | 0.5 | 4000 – 26000 | |||||
| 611.5 | 612 | 0.5 | 3000 – 10000 | |||||
| 612 | 612.5 | 0.5 | 700 – 3000 | |||||
| 612.5 | 613 | 0.5 | 3000 – 7000 | |||||
| 613 | 613.5 | 0.5 | 700 – 6000 | |||||
| 613.5 | 614 | 0.5 | 2000 – 33000 | |||||
| 614 | 614.5 | 0.5 | 900 – 6000 | |||||
| 614.5 | 615 | 0.5 | 1900 – 39000 | |||||
| 615 | 615.5 | 0.5 | 580 – 15000 | |||||
| 615.5 | 616 | 0.5 | 500 – 5000 | |||||
| 616 | 616.5 | 0.5 | 900 – 7500 | |||||
| 616.5 | 617 | 0.5 | 900 – 25000 | |||||
| 617 | 617.5 | 0.5 | 2800 – 14000 | |||||
| 617.5 | 618 | 0.5 | 1100 – 3500 | |||||
| 618 | 618.4 | 0.4 | 1300 – 60000 | |||||
| 618.4 | 618.5 | 0.1 | >61000 | |||||
| 618.5 | 619 | 0.5 | 15000 – 31000 | |||||
| 619 | 619.5 | 0.5 | 9800 – 39000 | |||||
| 619.5 | 620 | 0.5 | 3400 – 14500 | |||||
| 620 | 620.5 | 0.5 | 1800 – 24000 | |||||
| 620.5 | 621 | 0.5 | 2500 – 25000 | |||||
| 621 | 621.5 | 0.5 | <500 – 2800 | |||||
| 622 | 622.5 | 0.5 | <500 – 580 | |||||
| 622.5 | 623 | 0.5 | <500 – 800 | |||||
| 623 | 623.5 | 0.5 | 550 – 18000 | |||||
| 623.5 | 624 | 0.5 | 500 – 1400 | |||||
| 624 | 624.5 | 0.5 | <500 – 700 | |||||
| 624.5 | 625 | 0.5 | <500 – 10000 | |||||
| 625 | 625.4 | 0.4 | 500 – 60000 | |||||
| 625.4 | 625.5 | 0.1 | >61000 | |||||
| 625.5 | 626 | 0.5 | 700 – 40000 | |||||
| 627 | 627.5 | 0.5 | <500 | |||||
| 629 | 629.5 | 0.5 | <500 – 1000 | |||||
| 640 | 640.5 | 0.5 | <500 – 600 | |||||
| 640.5 | 641 | 0.5 | <500 – 510 | |||||
| 649 | 649.5 | 0.5 | <500 | |||||
| 658 | 658.5 | 0.5 | <500 – 800 | |||||
| 658.5 | 659 | 0.5 | <500 | |||||
| 665 | 665.5 | 0.5 | <500 | |||||
| 668 | 668.5 | 0.5 | <500 – 800 | |||||
| 668.5 | 669 | 0.5 | <500 – 560 | |||||
| 671 | 671.5 | 0.5 | <500 | |||||
| 687 | 687.5 | 0.5 | <500 | |||||
| RK-24-223 | 345 | -66 | TBD | 106.8 | 336 | 336.5 | 0.5 | <500 – 800 |
| 633 | 633.5 | 0.5 | <500 – 7200 | |||||
| 633.5 | 634 | 0.5 | <500 – 40000 | |||||
| 634 | 634.5 | 0.5 | <500 – 1300 | |||||
| 634.5 | 635 | 0.5 | <500 – 1700 | |||||
| 635 | 635.5 | 0.5 | <500 | |||||
| 645.5 | 646 | 0.5 | <500 – 740 | |||||
| 646 | 646.5 | 0.5 | 2100 – 10000 | |||||
| 646.5 | 647 | 0.5 | 7500 – 24000 | |||||
| 647 | 647.5 | 0.5 | 1000 – 24000 | |||||
| 675 | 675.5 | 0.5 | 500 – 4200 | |||||
| 675.5 | 676 | 0.5 | 1200 – 7200 | |||||
| 676 | 676.5 | 0.5 | <500 – 3700 | |||||
| 678 | 678.5 | 0.5 | <500 – 700 | |||||
| 678.5 | 679 | 0.5 | <500 | |||||
| 679.5 | 680 | 0.5 | <500 – 800 | |||||
| 689.5 | 690 | 0.5 | <500 – 2500 | |||||
| 690 | 690.5 | 0.5 | 5000 – 14000 | |||||
| 690.5 | 691 | 0.5 | 4000 – 12000 | |||||
| 691 | 691.5 | 0.5 | <500 – 6000 | |||||
| 691.5 | 692 | 0.5 | 3000 – 12000 | |||||
| 692 | 692.5 | 0.5 | 5000 – 14000 | |||||
| 692.5 | 693 | 0.5 | <500 – 1100 | |||||
| 695.5 | 696 | 0.5 | <500 – 3100 | |||||
| 696 | 696.5 | 0.5 | <500 – 1500 | |||||
| 696.5 | 697 | 0.5 | <500 | |||||
| 702.5 | 703.5 | 1 | <500 | |||||
| 704.5 | 705 | 0.5 | <500 | |||||
| 713.5 | 714 | 0.5 | <500 – 1700 | |||||
| 714.5 | 715 | 0.5 | <500 | |||||
| 715 | 715.5 | 0.5 | <500 – 1200 | |||||
| 716 | 716.5 | 0.5 | 1200 – 1800 | |||||
| 716.5 | 717 | 0.5 | <500 – 1100 | |||||
| 717 | 717.5 | 0.5 | 1500 – 2200 | |||||
| 717.5 | 718 | 0.5 | <500 – 2000 | |||||
| 718 | 718.5 | 0.5 | <500 – 5100 | |||||
| 720.5 | 721 | 0.5 | <500 – 5900 | |||||
| 721 | 721.5 | 0.5 | <500 – 2000 | |||||
| 722 | 722.5 | 0.5 | 1100 – 12000 | |||||
| 722.5 | 723 | 0.5 | 1500 – 23000 | |||||
| 723 | 723.5 | 0.5 | 3500 – 37000 | |||||
| 726 | 726.5 | 0.5 | <500 – 3000 | |||||
| 726.5 | 727 | 0.5 | 3000 – 12000 | |||||
| 727 | 727.5 | 0.5 | <500 | |||||
| 737.5 | 738 | 0.5 | <500 – 5000 | |||||
| 738 | 738.5 | 0.5 | <500 – 1400 | |||||
| 743 | 743.5 | 0.5 | <500 – 700 | |||||
| 749 | 750 | 1 | <500 | |||||
| 756.5 | 757 | 0.5 | <500 | |||||
| 757.5 | 758 | 0.5 | <500 | |||||
| 758.5 | 759 | 0.5 | <500 | |||||
| 759 | 759.5 | 0.5 | <500 – 720 | |||||
| 760 | 760.5 | 0.5 | <500 – 3000 | |||||
| 763.5 | 764 | 0.5 | <500 – 650 | |||||
| 764.5 | 765.5 | 1 | <500 | |||||
| 765.5 | 766 | 0.5 | 900 – 3700 | |||||
| 766 | 766.5 | 0.5 | 800 – 15000 | |||||
| 766.5 | 767 | 0.5 | 800 – 25000 | |||||
| 767 | 767.5 | 0.5 | 1000 – 11000 | |||||
| 767.5 | 768 | 0.5 | <500 | |||||
| 772 | 772.5 | 0.5 | <500-500 | |||||
| 772.5 | 773 | 0.5 | <500 | |||||
| 773.5 | 774 | 0.5 | <500 – 700 | |||||
| 774 | 774.5 | 0.5 | <500 – 10000 | |||||
| 775 | 775.5 | 0.5 | <500 | |||||
| RK-24-224 | 310 | -70 | TBD | 115.8 | TBD | |||
- All depths and intervals are meters downhole, true thicknesses are yet to be determined.
- “Off-scale” refers to >61,000 cps total readings by gamma spectrometer type RS-125.
- Unconformity of ‘N/A’ denotes a lack of visible contact between Athabasca sandstone and basement rock.
- Maximum internal dilution 2.0 m downhole.
- Minimum thickness of 0.5 m downhole.
- All depths and intervals are metres downhole, true thicknesses are yet to be determined. Resource modelling in conjunction with an updated mineral resource estimate is required before true thicknesses can be determined.
About NexGen
NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations, and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically, and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world.
NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol “NXE” and on the Australian Securities Exchange under the ticker symbol “NXG” providing access to global investors to participate in NexGen’s mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.
www.nexgenenergy.ca
Technical Disclosure*
All technical information in this news release has been reviewed and approved by Jason Craven, NexGen’s Manager, Exploration, a qualified person under National Instrument 43-101.
Natural gamma radiation in drill core reported in this news release was measured in counts per second (cps) using a Radiation Solutions Inc. RS-125 gamma spectrometer. The reader is cautioned that total count gamma readings may not be directly or uniformly related to uranium grades of the rock sample measured; they should be used only as a preliminary indication of the presence of radioactive minerals.
A technical report in respect of the FS is filed on SEDAR ( www.sedar.com ) and EDGAR (www.sec.gov/edgar.shtml ) and is available for review on NexGen Energy’s website (www.nexgenenergy.ca ).
IBF4
