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PR Newswire | 24. März 2025, 06:30

NexGen Announces Best Ever Discovery-Phase Intercept At Rook I Property

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VANCOUVER, BC, March 24, 2025

RK-25-232 intersects broad zone of intense mineralization including 3.9 m of >61,000 cps
High-grade subdomain doubles in size to 210 m strike and 335 m vertical extent
Represents best hole drilled at any NexGen property, including Arrow, during the discovery-phase of exploration

VANCOUVER, BC, March 24, 2025 /PRNewswire/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is excited to announce the best hole drilled to date, RK-25-232 (Figures 1 and 2). This hole has materially expanded the shallow inner high-grade subdomain at Patterson Corridor East (PCE).

Drillhole RK-25-232 intersected 3.9 meters ("m") of >61,000 cps, indicating rich uranium concentration within a larger 13.8 m mineralized interval that starts at 452.2 m (Figures 3 and 4, Table 1). It is one of the shallowest high-grade intersections at PCE and open in all directions (including 300 m up dip) within the competent basement rock. Four additional winter drillholes all located a minimum 50 m from RK-25-232 have all encountered high-grade intercepts containing >61,000 cps (RK-25-227, -230, -233, -236) expanding the high-grade subdomain to 210 m along strike and 335 m of vertical extent, doubling in size since last reported in November 2024 (previously 100 m strike and 170 m vertical extent). Ongoing exploration will focus on growing and defining this high-grade zone from hole RK-25-232.

Leigh Curyer, Chief Executive Officer, commented: "This intercept from RK-25-232 is geologically exceptional and represents a transformational moment taking PCE into a category to rival Arrow at the same stage of drilling. Discovering mineralization of this intensity so early in our 2025 program outpaces the success pattern experienced at the Arrow Deposit. Incredible, considering Arrow's status on the world stage. To put this into context, the width of high-grade intense mineralization in RK-25-232 at PCE was first encountered at Arrow well into the delineation phase of resource definition. Together with Arrow, it's validation a very significant regional mineralizing event has occurred at Rook I that we are only just beginning to assess the magnitude.

Today's result comes at a time the need for Canada to optimize the development of its energy fuel resources has never been more important. NexGen, Saskatchewan and our community partners are ready to immediately commence construction of the Rook I Project subject to the completion of the CNSC approval process."

Jason Craven, Vice President, Exploration, commented: "Another exciting evaluation milestone has been achieved by intersecting the surge of mineralization intensity in RK-25-232. Vein-type uranium is known to have high-grade zones within broad, structurally controlled footprints. Our focus is to expand the high-grade subdomain while also investigating for natural repetition within the evolving mineralized footprint, all of which is very similar to the approach to Arrow's resource development."

The development of PCE has advanced quickly over the past year; from an initial discovery of new vein-type basement-hosted uranium in February 2024, to a rapidly growing mineralized footprint and expanding high-grade, and now to a best-ever high-grade intersection in RK-25-232. An interpreted 3D model (Figures 1 and 2) provides a new visual representation of the scale and setting of the mineralization.

Reporting of assays from 2024 is expected in April once all results have been received and verified.

Table 1: 2025 Spectrometer results as of March 13

Drillhole

Unconformity
Depth (m)

Handheld Spectrometer Results (RS-125)

Hole ID

Azimuth

Dip

Total
Depth (m)

From
(m)

To (m)

Width
(m)

CPS Range

RK-25-225

330

-70

684.0

108.6

475.00

475.5

0.5

<500

479.5

480.0

0.5

<500 - 1400

482.0

482.5

0.5

<500 - 850

482.5

483.0

0.5

<500

483.5

484.0

0.5

<500

484.0

484.5

0.5

<500

484.5

485.0

0.5

<500

498.5

499.0

0.5

<500 - 650

499.0

499.5

0.5

<500 - 830

509.0

509.5

0.5

<500 - 1300

509.5

510.0

0.5

<500

510.5

511.0

0.5

<500 - 750

511.0

511.5

0.5

<500 - 1800

517.5

518.0

0.5

<500

523.0

523.5

0.5

<500

523.5

524.0

0.5

<500

526.5

527.0

0.5

<500

539.0

539.5

0.5

<500

539.5

540.0

0.5

<500

540.0

540.5

0.5

<500

541.0

541.5

0.5

<500 - 1600

541.5

542.0

0.5

<500

RK-25-226

330

-70

655.5

N/A

539.0

539.5

0.5

<500

540.5

541.0

0.5

<500 - 550

578.5

579.0

0.5

<500

579.5

580.0

0.5

<500

580.0

580.5

0.5

<500 - 880

580.5

581.0

0.5

<500 - 510

582.0

582.5

0.5

<500

583.0

583.5

0.5

<500

583.5

584.0

0.5

<500 - 2200

584.0

584.5

0.5

<500 - 980

586.5

587.0

0.5

<500

587.0

587.5

0.5

<500

589.0

589.5

0.5

<500

589.5

590.0

0.5

<500

590.0

590.5

0.5

<500

590.5

591.0

0.5

<500 - 730

591.0

591.5

0.5

<500 - 720

591.5

592.0

0.5

<500

592.0

592.5

0.5

<500 - 1200

592.5

593.0

0.5

<500 - 1280

593.0

593.5

0.5

<500 - 1150

594.0

594.5

0.5

<500 - 890

594.5

595.0

0.5

<500

595.0

595.5

0.5

1000 - 5400

595.5

596.0

0.5

<500

596.0

596.5

0.5

<500

597.5

598.0

0.5

<500

598.0

598.5

0.5

<500 - 770

598.5

599.0

0.5

<500 - 1600

599.0

599.5

0.5

<500

599.5

600.0

0.5

<500 - 510

600.0

600.5

0.5

<500 - 710

602.0

602.5

0.5

<500

606.0

606.5

0.5

<500

RK-25-227

330

-70

657.0

113.4

493.0

493.5

0.5

<500

496.0

496.5

0.5

<500

496.5

497.0

0.5

<500

497.5

498.0

0.5

<500 - 950

498.0

498.5

0.5

<500

505.5

506.0

0.5

<500 - 650

506.0

506.5

0.5

<500 - 2300

506.5

507.0

0.5

<500 - 650

507.0

507.5

0.5

<500 - 1500

507.5

508.0

0.5

<500 - 1250

508.0

508.5

0.5

<500

508.5

509.0

0.5

<500 - 1400

509.0

509.5

0.5

<500 - 2500

509.5

510.0

0.5

<500

510.5

511.0

0.5

<500

511.0

511.5

0.5

<500

511.5

512.0

0.5

<500

512.5

513.0

0.5

<500

513.5

514.0

0.5

<500

514.0

514.5

0.5

<500

514.5

515.0

0.5

<500

515.0

515.5

0.5

<500 - 1600

515.5

516.0

0.5

<500

516.0

516.5

0.5

800 - 2000

516.5

517.0

0.5

600 - 2000

517.0

517.5

0.5

700 - 3000

517.5

518.0

0.5

1200 - 5700

518.0

518.5

0.5

1500 - 4500

518.5

519.0

0.5

1000 - 4500

519.0

519.5

0.5

<500 - 1500

519.5

520.0

0.5

<500 - 800

520.0

520.5

0.5

1000 - 14000

520.5

521.0

0.5

500 - 1300

521.0

521.5

0.5

1000 - 3000

521.5

522.0

0.5

800 - 3000

522.0

522.5

0.5

1500 - 5000

522.5

523.0

0.5

<500 - 4000

523.0

523.5

0.5

<500 - 600

523.5

524.0

0.5

<500 - 900

524.0

524.5

0.5

<500

533.0

533.5

0.5

<500

533.5

534.0

0.5

<500 - 1200

534.0

534.5

0.5

1200 - 1200

534.5

535.0

0.5

700 - 950

535.0

535.5

0.5

950- 1600

535.5

536.0

0.5

1200 - 4200

536.0

536.5

0.5

1200 - 6100

536.5

537.0

0.5

600 - 1600

537.0

537.5

0.5

3000 - 14000

537.5

538.0

0.5

>61000

538.0

538.1

0.1

45000 - 55000

538.1

538.5

0.4

>61000

538.5

539.0

0.5

850 - 6500

539.0

539.1

0.1

900 - 1200

539.1

539.2

0.1

25000 - 55000

539.2

539.5

0.3

20000 - 37000

539.5

539.6

0.1

>61000

539.6

539.7

0.1

25000 - 55000

539.7

540.0

0.3

>61000

540.0

540.5

0.5

1700 - 6500

540.5

541.0

0.5

800- 1400

541.0

541.5

0.5

<500 - 900

541.5

542.0

0.5

<500

542.0

542.5

0.5

<500 - 1200

542.5

543.0

0.5

<500 - 1200

543.0

543.5

0.5

<500 - 1600

544.0

544.5

0.5

600 - 3800

544.5

545.0

0.5

<500 - 9400

545.0

545.5

0.5

<500

552.0

552.5

0.5

<500 - 1500

552.5

553.0

0.5

<500 - 700

553.0

553.5

0.5

<500

562.0

562.5

0.5

<500

562.5

563.0

0.5

<500 - 600

563.0

563.5

0.5

<500

563.5

564.0

0.5

<500

RK-25-228

330

-75

609.0

117.1

493.0

493.5

0.5

<500

494.5

495.0

0.5

<500 - 800

495.5

496.0

0.5

<500

508.0

508.5

0.5

<500

537.5

538.0

0.5

<500 - 700

545.5

546.0

0.5

<500 - 3000

561.5

562.0

0.5

<500

562.0

562.5

0.5

<500

RK-25-229

350

-70

681.4

113.2

570.0

570.5

0.5

<500

570.5

571.0

0.5

<500

571.0

571.5

0.5

<500

573.5

574.0

0.5

<500

576.5

577.0

0.5

<500

578.0

578.5

0.5

<500

578.5

579.0

0.5

<500 - 700

582.0

582.5

0.5

<500 - 600

606.5

607.0

0.5

<500 - 30000

607.0

607.5

0.5

<500 - 19000

607.5

608.0

0.5

<500 - 3400

622.5

623.0

0.5

<500 - 2200

623.0

623.5

0.5

<500 - 1400

633.5

634.0

0.5

<500

636.5

637.0

0.5

<500 - 3700

RK-25-230

330

-70

598.0

112.5

441.5

442.0

0.5

<500- 6700

442.0

442.5

0.5

<500 - 1800

442.5

443.0

0.5

<500 - 640

443.0

443.5

0.5

<500 - 640

446.5

447.0

0.5

<500

447.0

447.5

0.5

<500 - 720

447.5

448.0

0.5

<500 - 1400

448.0

448.5

0.5

<500 - 1800

448.5

449.0

0.5

<500 - 620

475.0

475.5

0.5

<500

475.5

476.0

0.5

<500 - 1700

476.0

476.5

0.5

<500 - 1660

476.5

477.0

0.5

<500 - 580

477.0

477.5

0.5

<500 - 1050

477.5

478.0

0.5

<500 - 540

478.0

478.5

0.5

<500 - 1080

479.0

479.5

0.5

<500 - 710

479.5

480.0

0.5

<500

480.0

480.5

0.5

<500

480.5

481.0

0.5

<500

481.0

481.5

0.5

<500 - 860

481.5

482.0

0.5

<500 - 1820

482.0

482.5

0.5

<500 - 1100

482.5

483.0

0.5

<500 - 2700

483.0

483.5

0.5

<500 - 10000

483.5

484.0

0.5

<500 - 520

484.0

484.5

0.5

<500

484.5

485.0

0.5

<500 - 1360

485.0

485.5

0.5

<500 - 1350

485.5

486.0

0.5

680 - 3400

486.0

486.5

0.5

540 - 2500

486.5

487.0

0.5

<500

487.0

487.5

0.5

<500 - 4420

487.5

488.0

0.5

740 - 7800

488.0

488.5

0.5

<500 - 8000

488.5

489.0

0.5

<500 - 2300

489.0

489.5

0.5

730 - 1900

489.5

490.0

0.5

820 - 7550

490.0

490.5

0.5

<500 - 1250

490.5

491.0

0.5

<500

491.0

491.5

0.5

<500

491.5

492.0

0.5

<500

492.0

492.5

0.5

<500

492.5

493.0

0.5

<500 - 1140

493.0

493.2

0.2

>61000

493.2

493.4

0.2

8000 - 28000

493.4

493.5

0.1

>61000

493.5

494.0

0.5

<500 - 31000

494.0

494.5

0.5

<500 - 5100

494.5

495.0

0.5

<500 - 1160

495.0

495.5

0.5

2200 - 2200

495.5

496.0

0.5

<500 - 1650

496.0

496.5

0.5

<500 - 3700

496.5

497.0

0.5

1400 - 2600

497.0

497.5

0.5

<500 - 4500

497.5

497.7

0.2

540 - 1100

497.7

498.0

0.3

>61000

498.0

498.5

0.5

1200 - 44000

498.5

498.7

0.2

>61000

498.7

499.0

0.3

5200 - 24000

499.0

499.5

0.5

540 - 8000

499.5

500.0

0.5

<500 - 680

RK-25-231

329

-69.5

885.0

102.7

677.0

677.5

0.5

<500 - 920

683.0

683.5

0.5

<500 -1200

683.5

684.0

0.5

<500 - 1500

684.0

684.5

0.5

580 - 1000

685.0

685.5

0.5

<500

686.0

686.5

0.5

<500

686.5

687.0

0.5

<500 - 4000

687.0

687.5

0.5

<500

687.5

688.0

0.5

<500 - 6700

688.0

688.5

0.5

<500 - 20000

689.0

689.5

0.5

<500 - 6000

689.5

690.0

0.5

<500 - 1000

690.0

690.5

0.5

<500 - 2200

692.5

693.0

0.5

<500 - 3600

693.0

693.5

0.5

<500 - 4800

693.5

694.0

0.5

700 - 8100

694.0

694.5

0.5

4200 - 31000

694.5

695.0

0.5

<500 - 11000

695.0

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NexGen Announces Best Ever Discovery-Phase Intercept At Rook I Property

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