NexGen Announces Best Assays from Patterson Corridor East in Hole RK-25-232

Core Insights - NexGen Energy Ltd. announced exceptional assay results from drillhole RK-25-232, reporting 15.0 meters at 15.9% U3O8, with a peak intercept of 0.5 meters at 68.8% U3O8, marking it as one of the highest-grade basement-hosted uranium vein intercepts globally [2][8][5] - The results from RK-24-222 and RK-25-232, located 200 meters apart, confirm the scale and continuity of high-grade mineralization in the Patterson Corridor East (PCE) area [3][8] - The winter drilling program added nine new high-grade intercepts, bringing the total to 13, reinforcing confidence in the materiality of the emerging mineralization [3][8] Company Developments - The company has completed 64 drillholes totaling 47,425.9 meters since the discovery phase began, with 35 of these intersecting mineralization that remains open in most directions [3][4] - Drilling at PCE is set to resume on June 1, 2025, with ongoing reporting of assay results for 2025 [4][8] - The CEO highlighted the significance of the assay results, emphasizing that the program is still in the early evaluation stages of PCE [5] Industry Context - The scale of the 2025 drilling program at PCE reflects the company's commitment to advancing new sources of uranium supply amid a global push for nuclear energy deployment [7][9] - The U.S. aims to increase nuclear energy output from 100 GW to 400 GW by 2050, underscoring the importance of projects like Rook I and PCE in meeting future nuclear fuel requirements [9]