About NexGen Energy Ltd.
Southwest Athabasca Basin
NexGen Energy Ltd has the most significant land position located in the southwest Athabasca Basin of Saskatchewan, Canada where it holds 199,580 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. Furthermore, considering the extent of undrilled target areas near known mineralization, this corridor is one of the most endowed mineral belts. Through its subsidiary IsoEnergy Ltd, NexGen also holds a portfolio of highly prospective uranium exploration properties in the eastern side of the Athabasca Basin.
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 521 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 in most 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 remains well-funded to continue progressing the Arrow deposit as well as further drill testing other prospective areas of the Rook I property.
To learn more about NexGen, please contact:
Travis McPherson, VP, Corporate Development
Click here to view the Athabasca Basin map.