results from exploration at Patterson Corridor East (PCE). Assays from 2024 are now fully received.
New assays received from early winter 2025 with RK-25-227 returning 12.0 meters (m) at 3.46% U3O8 including 2.5 m at 14.9% U3O8 and an impressive 31.0% U3O8 over 0.5 m (Figure 1, Table 2). RK-25-227 is located 100 m down plunge of hole RK-25-232, and 100 m up dip from RK-24-222, demonstrating the continuity of this high-grade mineralisation.
Leigh Curyer, Chief Executive Officer, commented: “These new assays demonstrate PCE’s high grade intensity and scale of mineralisation, reflecting the emergence of a second major high-grade mineralised system 3.5km to the east of Arrow. To date, PCE is mirroring Arrow in many respects – basement hosted with a high-grade sub-domain. Drilling will continue to systematically test both the overall footprint extent and inner high grade sub-domain at PCE which both remain open in all directions.
As demand for nuclear power continues to grow and Big Tech companies alongside global policy makers and a wide range of industries continue to adopt nuclear power. The demand is increasing considerably faster than ever anticipated and the opportunity for the southwest section of the Athabasca Basin in Saskatchewan to service this worldwide demand is massive for local communities, Saskatchewan and Canada. NexGen will continue to add resources through its efficient discovery and delineation of uranium resources to its already world recognised Rook I Project and prospective land holdings that remains over 95% unexplored.”
Jason Craven, Vice President, Exploration, commented: “With the complete assay results for 2024 and early 2025, we are excited by the rapid growth of this material discovery and the similarities it exhibit to Arrows. The majority of the 2025 drill campaign remains ahead of us, and the team is intensely focused on further unlocking the scale of PCE in the same cost and time efficient manner delivered with Arrow.”
To find out what else is going on in the mining industry, click here!