NexGen Announces Final 2024 and New 2025 Assay Results at Rapidly Growing Patterson Corridor East (PCE)

Core Viewpoint - NexGen Energy Ltd. has announced promising assay results from its Patterson Corridor East (PCE) project, indicating high-grade uranium mineralization and significant potential for resource expansion in the region [2][4][5]. Group 1: Assay Results - The assay results from drill hole RK-25-227 show 12.0 meters at 3.46% U3O8, including 2.5 meters at 14.9% U3O8 and 0.5 meters at 31.0% U3O8, demonstrating the continuity of high-grade mineralization [3][6]. - Completed assays for 2024 include notable intercepts from holes RK-25-232 (15.0 meters at 15.9% U3O8) and RK-24-222 (17.0 meters at 3.85% U3O8) [6][12]. Group 2: Project Development - The PCE project is emerging as a second major high-grade mineralized system, mirroring the characteristics of the Arrow project, with ongoing drilling to explore the extent of the mineralization [4][5]. - The company aims to continue its efficient discovery and delineation of uranium resources, with a focus on expanding the PCE project [5][17]. Group 3: Market Context - The demand for nuclear power is increasing rapidly, driven by global policy makers and industries, positioning the Athabasca Basin as a key supplier for this demand [5][17]. - NexGen's Rook I Project is being developed to become the largest low-cost uranium mine globally, emphasizing environmental and social governance standards [17][18].