About NexGen Energy Ltd.
Southwest Athabasca Basin
NexGen Energy Ltd has a significant land position located in the southwest Athabasca Basin of Saskatchewan, Canada where it holds over 190,000 hectares. This portfolio is considered to be amongst the most prospective uranium properties known given the mineralization discovered to date in the southwest along the Patterson Lake Corridor, which hosts the Arrow deposit. The extensive southwest Athabasca land package hosts numerous prospective corridors straddling or near the Athabasca Basin margin which is an ideal setting for economic uranium discovery.
The Company’s 100%-owned Rook I Project hosts the land based Arrow deposit which has a Measured mineral resource estimate of 209.6 Mlbs U3O8 contained within 2.18 Mt grading 4.35% U3O8, an Indicated resource estimate of 47.1 Mlbs U3O8 contained within 1.57 Mt grading 1.36% U3O8, and an Inferred resource estimate of 80.7 Mlbs U3O8 contained within 4.40 Mt grading 0.86% U3O8 (see the Company’s technical disclosure statement: http://www.nexgenenergy.ca/corporate/corporate-governance/). The Arrow deposit was based on 487 diamond drill holes and has a defined area of mineralization of 315 m wide x 980 m in strike length, starting at 100 m below surface down to 980 m depth and remains open along strike in both directions and at depth.
Arrow is a 100% land-based, basement-hosted and high-grade uranium discovery which is the largest development-stage uranium deposit in Canada. The Company is progressing the Rook I Project and the new discovery on Patterson Corridor East (PCE) just 3.5 Km from Arrow, which highlights the abundant remaining potential on NexGen’s properties.
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