Project UpdateMay 7, 2026, 07:32 AM
NexGen's Final 2025 Assays Confirm High-Grade Uranium Expansion
AI Summary
NexGen Energy Ltd. announced the final 2025 assay results from its 100% owned Patterson Corridor East (PCE) discovery, highlighting significant expansion and continuity of the primary high-grade uranium subdomain. Key drill holes like RK-25-239 and RK-25-240 confirmed high-grade mineralization at various depths, while RK-25-257 confirmed a new high-grade subdomain at 850 meters below surface. These results underscore the substantial growth potential at PCE, drawing comparisons to the company's Arrow Deposit, and reinforce NexGen's role in addressing the global uranium supply deficit.
Key Highlights
- RK-25-239 returned 13.0 m at 5.2% U3O8, including 0.5 m at 30.2% U3O8, confirming expansion of the high-grade subdomain.
- RK-25-240 returned 10.0 m at 3.95% U3O8, including 0.5 m at 33.3% U3O8, extending mineralization at depth.
- Assays from RK-25-230 (7.5 m at 5.3% U3O8), RK-25-233 (6.0 m at 2.4% U3O8), and RK-25-236 (5.5 m at 2.3% U3O8) confirmed continuity.
- A new high-grade subdomain was confirmed at 850 m below surface by RK-25-257, returning 4.5 m at 4.8% U3O8, including 0.5 m at 33.3% U3O8.
- The 2026 exploration drilling campaign is underway, with 29,241.8 m of the planned 42,000 m scheduled to recommence May 25, 2026.