Wednesday, May 7, 2025

Latest

NexGen Energy Makes New Discovery, Intersecting 19.8 Metres Of Uranium Mineralization

NexGen Energy (TSX: NXE) has made a new discovery following continued exploration of its properties. The discovery, found 3.5 kilometres to the east of the Arrow Deposit, is found on its SW2 property within a conductor segment of Patterson Corridor East.

Uranium mineralization is said to have been found over a 19.8 metre interval beginning at a depth of 347.7 metres within hole RK-24-183. A handheld spectrometer provided results of up to 61,000 counts per second, with this interval occurring over 3.0 metres. Follow up drilling near the discovery is said to have intersected elevated radioactivity similar to early discovery holes at Arrow.

The prospective system is said to currently span over 1.5 kilometres, with results indicating the potential for expansion along strike and down dip.

“Drilling activity is being fully dedicated to this new discovery area to advance our understanding of scope and scale of mineralization. This hole which intersected 3.0 m of up to 61,000 cps is significantly better on all metrics than RK-14-21(the Arrow discovery hole) which intersected less than 0.5 m of greater than 9,999 cps,” commented Leigh Curyer, CEO of NexGen.

NexGen Energy last traded at $9.90 on the TSX.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

Giant Mining Encounters Native Copper As Hole MHB-34 Hits 563 Metres Depth

Verses Hits Commercialization Stage With Genius AI Platform

Related News

NexGen Energy Expands Discovery At Patterson Corridor East

NexGen Energy (TSX: NXE) reported this morning that it has expanded a broad and continuous...

Tuesday, November 12, 2024, 09:01:50 AM

NexGen Submits Final Responses For Rook I Project Environmental Assessment

NexGen Energy (TSX: NXE) is nearing the conclusion of the environmental assessment review process for...

Tuesday, May 21, 2024, 08:32:39 AM

NexGen Energy Sees CNSC Accept Final Environmental Impact Statement

NexGen Energy (TSX: NXE) has seen a positive development in the advancement of its Rook...

Wednesday, January 29, 2025, 12:51:56 PM

NexGen Reports 10.0% U3O8 Over 0.5 Metres At New Discovery

NexGen Energy (TSX: NXE) is reporting that it has hit additional uranium mineralization while drill...

Wednesday, May 29, 2024, 08:41:22 AM

NexGen Energy Completes Federal Technical Review For Rook I Project

NexGen Energy (TSX: NXE) has reached a major milestone in the development of Rook I...

Tuesday, November 19, 2024, 07:58:44 AM