NexGen Announces New Significant High Grade Assay Results at Patterson Corridor East

Core Insights - NexGen Energy Ltd. announced significant high-grade geochemical assay results from its 100%-owned Patterson Corridor East (PCE) discovery, indicating strong continuity of high-grade uranium mineralization [2][3][5] Group 1: Assay Results - The assay results confirm a high-grade subdomain over a vertical extent of 330 meters, with notable intersections including RK-25-231 (8.0m at 1.4% U3O8) and RK-25-241 (8.5m at 1.3% U3O8) [3][5] - Drillhole RK-25-254 returned 10.5 meters at 11.3% U3O8, including 4.0m at 29.4% U3O8 and 0.5m at 56.2% U3O8, showcasing the potential for high-grade mineralization [8][5] - A secondary high-grade subdomain was identified in RK-25-234 with 0.5m at 8.3% U3O8, indicating further exploration potential [3][5] Group 2: Project Development - The PCE drilling program is characterized by a systematic and impactful approach, similar to the successful Arrow deposit, which is located 3.5 kilometers west of PCE [5][6] - The overall mineralized footprint at PCE is currently defined as 600m along strike and 600m of vertical extent, with a high-grade subdomain measuring 210m in strike and 335m in vertical extent [5][6] - The company holds a significant land package of 190,000 hectares in the southwest Athabasca Basin, which is known for its uranium deposits [5][6] Group 3: Strategic Positioning - NexGen is well-positioned to leverage the growing demand for uranium, contributing to North America's critical mineral and energy security strategy [7][6] - The company emphasizes elite standards in environmental performance and social engagement, aligning with global trends towards sustainable mining practices [7][6] - The ongoing exploration and development efforts at PCE are expected to enhance NexGen's leverage in the uranium market for the coming decades [7][6]