Northwire Canada EditionMonday, August 3, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%

← Back to our analysis

Original News Release

NexGen Announces Expansion of High-Grade Subdomain at Patterson Corridor East (PCE) and Commencement of 2026 Exploration Program Totalling 45,500 Meters

PCE Expansion: • Vertical extent of high-grade subdomain has increased by 23% from 335 m to 412 m with 210 m of strike length. • Additional expansion of the mineralized footprint to 700 m vertical extent (from 600 m) and to 620 m strike length (from 600 m). • Additional high-grade subdomain building at 850 m below surface, extending high-grade in this portion of the mineralization and opening it to further growth. 2026 Drilling Program Commencement: • 42,000 meters ("m") of diamond drilling at PCE in 2026 to be largest program conducted at the discovery to date building on the highly successful 2025 growth and results. • Inaugural drilling at NexGen's 100% owned SW3 property with 3,500 m to advance high-priority targets. Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ("NexGen" or the "Company") is pleased to announce the concluding holes of the 2025 PCE program and the commencement of the 2026 Exploration Program. 2025 PCE Final drill holes of the 2025 PCE program delivered continued expansion of mineralization with high-grade growth and assessment of extents advancing significantly since the Company's last scintillometer report (see news release dated August 28, 2025). The primary high-grade subdomain grew to 412 m in vertical extent (increase of 77 m) and a strike length of 210 m. An additional high-grade subdomain is developing with hole RK-25-257 intersecting local off-scale (>61,000 cps) at the base of the currently outlined mineralized footprint, indicating significant expansion potential at depth (Figures 1-4, Table 1). The overall mineralized footprint expanded to 620 m (increase of 20 m) of strike length and 700 m (increase of 100 m) of vertical extent, remaining open in most directions. Step out testing has provided critical information regarding extents of the system and opportunities for continued growth. Internal continuity within the subdomain was most recently highlighted by RK-25-271 with 5.8 m of cumulative high-grade (>10,000 cps) and 0.8 m of off-scale (>61,000 cps) that increases the mineralized zone in the lower half of this subdomain (Figure 3, Table 1). Hole RK-25-271 is located 65 m down-dip from hole RK-25-256 (see news release dated December 1, 2025) which returned 5.5 m at 21.4% U3O8, including 2.5 m at 46.1% U3O8 and 0.5 m at 74.8% U3O8. The 2025 drilling program successfully completed 35,366.2 m, the largest reported in the Athabasca Basin in 2025. Since discovery (see news release date March 11, 2024), 102 drillholes totalling 69,042.2 m have been completed (Figure 1). A dual focused approach was taken in 2025 to both grow and define multiple high-grade subdomains as well as expand the overall mineralized footprint. To date, 67 of the 102 drill holes are mineralized, including 45 intersecting high-grade (>10,000 cps) and 17 intersecting off-scale (>61,000 cps). Figure 1: Interpreted model of mineralization at PCE (as of this release); new holes emphasized by larger diameter pierce points and bold labels; view is a long section that looks perpendicular to the primary mineralized plane; total mineralized footprint in orange and the high-grade subdomains in red; drillholes with pending assays are underlined, 32% of 2025 drillholes have fully received results (as of this release). To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1745/280488_b713282ce42e299c_002full.jpg Figure 2: Comparison of mineralization at PCE over time with the model evolving based on new geological data; dimensions are measured from confirmed mineralized intercepts along strike and vertical extent; view is a long section that looks perpendicular to the primary mineralized plane; total mineralized footprint in orange and the high-grade subdomains in red. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1745/280488_b713282ce42e299c_003full.jpg Figure 3: Core photo from RK-25-271 displays mineralization from 624.7 to 640.6 m down hole with abundant high-grade and several instances of off-scale in competent basement rock; yellow outlines >1,000 cps, red outlines >10,000 cps, >61,000 cps outlined in purple. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1745/280488_b713282ce42e299c_004full.jpg Figure 4: Representative geological cross-section through high-grade subdomain looking northeast with confirmed dip extent of 450 m and width up to 135 m; uranium mineralization shown as red overlay; interpretation of features extending beyond drillholes aided by drilling information outside of cross-section width (25 m). To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1745/280488_b713282ce42e299c_005full.jpg 2026 Exploration Program Commencement Advancement of PCE mineralization with 42,000 m of drilling (Figure 5): Drilling activity will primarily focus on high-grade growth and the continued expansion of the mineralized footprint. At least eight (8), 200 m spaced tests will also investigate for repetition of basement-hosted mineralization within the same hydrothermal system approximately 600 m southeast of the PCE discovery. Figure 5: Map of PCE with ground gravity in background, target areas are hosted within gravity low denoted by blue colours, interpreted faults are shown as black dashed lines; primary focus in the immediate vicinity of PCE mineralization with additional secondary investigation of local system. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1745/280488_b713282ce42e299c_006full.jpg Regional drilling of 3,500 m at SW3 (Figure 6): An inaugural, drill program will take place on the SW3 land package with regional greenfield testing of highly prospective target areas. This marks the first drilling on any SW3 mineral claims by NexGen and an exciting step in the direct investigation of geophysical anomalies identified. The SW3 package is one of the three core packages NexGen owns 100% of in the southwest Athabasca Basin and is situated 20 km southeast of the SW2 package which hosts the Rook I Project. Figure 6: Map of SW3 with inset of overall NexGen land packages; 3,500 m will investigate highest priority target areas, outlined in red, in this greenfield setting. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/1745/280488_b713282ce42e299c_007full.jpg Leigh Curyer, Chief Executive Officer, commented: "We are extremely pleased with the 2025 outcomes from the 2025 drill program at PCE that delivered on our dual-purpose objectives of expanding the overall mineralized footprint and expand the high-grade subdomain within it. These results systematically outline mineralization that continues to deliver growth and strong continuity, characteristics synonymous with Arrow deposit 3.5 km west. The 2025 drill program has rapidly advanced this new discovery, while underscoring the tremendous prospectivity of NexGen's 100% owned dominant land holdings which is driving the expanded activity in 2026. The 2026 program is designed to continue the dual track focus at PCE and in parallel, test for a repetition of PCE within the same system. In addition, drilling for the first time at our SW3 property is a reflection of the south western section of the Athabasca Basin world class prospectivity. At a pivotal moment for global energy security, nuclear power is being recognized as an indispensable pillar for reliable, clean, cost efficient energy. The NexGen team is laser focused on concluding the final Federal permitting and licensing for the Rook I Project and immediately advancing through construction into production whilst simultaneously advancing the exciting PCE discovery and other high priority targets." Jason Craven, Vice President, Exploration, commented: "Last year's highly transitional and successful program positions NexGen to enter 2026 with an even deeper understanding of this broad and growing high-grade system. A multitude of targets remain to be tested as we continue to systematically advance PCE with a dual priority track of expanding both the high-grade subdomains as well as the overall mineralized system. The comprehensive 2026 program strategically positions all three land packages on an exciting path toward expansion of PCE as well as additional discoveries as NexGen works to sustainably supply the world with uranium in the face of mounting and persistent deficits." Table 1: Spectrometer results since August 28, 2025 release 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-25-254c2 275 -65 553.5 - 394.0 394.5 0.5 <500 - 530 394.5 395.0 0.5 <500 - 510 396.5 397.0 0.5 <500 409.5 411.5 2.0 <500 412.0 413.5 1.5 <500 420.5 421.0 0.5 <500 421.0 421.5 0.5 <500 - 900 421.5 422.0 0.5 <500 429.5 430.0 0.5 <500 437.5 438.0 0.5 <500 - 710 438.0 438.5 0.5 <500 - 530 438.5 439.0 0.5 <500 - 6500 439.0 439.5 0.5 <500 - 520 439.5 440.0 0.5 1000 - 4900 440.0 440.5 0.5 1000 - 12000 440.5 441.0 0.5 <500 - 9000 441.0 441.5 0.5 <500 - 1000 441.5 442.0 0.5 <500 442.0 442.5 0.5 <500 442.5 443.0 0.5 <500 446.0 446.5 0.5 <500 - 2000 446.5 447.0 0.5 <500 - 800 447.0 447.5 0.5 <500 447.5 448.0 0.5 <500 - 1000 448.0 448.5 0.5 <500 448.5 449.0 0.5 <500 - 700 449.0 449.5 0.5 <500 - 600 449.5 450.0 0.5 <500 - 700 450.5 451.0 0.5 <500 451.0 451.5 0.5 <500 - 700 451.5 452.0 0.5 <500 - 550 452.0 452.5 0.5 <500 452.5 453.0 0.5 <500 - 540 453.0 453.5 0.5 <500 453.5 454.0 0.5 <500 - 700 454.0 454.5 0.5 <500 457.0 457.5 0.5 <500 481.5 482.0 0.5 <500 - 600 482.0 482.5 0.5 <500 - 1300 482.5 483.0 0.5 <500 - 510 483.0 483.5 0.5 <500 483.5 484.0 0.5 <500 490.5 491.0 0.5 <500 - 1350 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 <500 493.0 493.5 0.5 <500 - 700 493.5 494.0 0.5 <500 495.5 496.0 0.5 <500 496.0 496.5 0.5 <500 - 3600 496.5 497.0 0.5 <500 - 2000 RK-25-255 4 -70 950.4 112.7 674.5 675.0 0.5 <500 676.5 677.0 0.5 <500 779.5 780.0 0.5 <500 - 770 780.0 780.5 0.5 <500 - 1000 780.5 781.0 0.5 <500 - 2900 781.0 781.5 0.5 <500 - 4400 781.5 782.0 0.5 <500 - 2400 782.0 782.5 0.5 <500 - 550 782.5 783.0 0.5 <500 - 1200 785.5 786.0 0.5 <500 - 1000 786.0 786.5 0.5 <500 787.0 787.5 0.5 <500 789.5 790.0 0.5 <500 790.0 790.5 0.5 <500 - 1200 790.5 792.5 2.0 <500 792.5 793.0 0.5 <500 - 1000 793.0 798.0 5.0 <500 798.0 798.5 0.5 <500 - 1100 799.5 800.0 0.5 <500 - 620 800.5 801.0 0.5 <500 804.0 804.5 0.5 <500 805.0 805.5 0.5 1200 - 6700 807.0 807.5 0.5 <500 - 5000 807.5 807.7 0.2 10000 - 12000 807.7 807.8 0.1 >61000 807.8 808.0 0.2 <500 - 520 808.0 808.5 0.5 <500 - 3900 829.5 830.0 0.5 <500 - 520 830.0 830.5 0.5 <500 - 590 832.0 833.0 1.0 <500 833.0 833.5 0.5 <500 - 560 833.5 835.0 1.5 <500 835.5 836.5 1.0 <500 838.5 839.5 1.0 <500 840.5 841.0 0.5 <500 842.0 842.5 0.5 <500 842.5 843.0 0.5 <500 - 990 844.0 844.5 0.5 <500 - 940 844.5 845.0 0.5 <500 - 1700 845.0 845.5 0.5 <500 - 620 845.5 846.5 1.0 <500 847.5 848.0 0.5 <500 - 870 848.0 848.5 0.5 <500 851.5 852.0 0.5 <500 - 5300 852.0 852.5 0.5 <500 - 18400 885.5 886.0 0.5 <500 886.0 886.5 0.5 <500 - 800 886.5 887.0 0.5 <500 - 600 889.0 889.5 0.5 <500 - 550 889.8 890.1 0.3 6600 - 31000 890.1 890.5 0.4 <500 RK-25-257 337 -68 1085.0 108.0 925.0 925.5 0.5 <500 - 4800 925.5 926.0 0.5 <500 - 1180 929.5 930.0 0.5 <500 - 840 930.5 931.0 0.5 <500 931.0 931.5 0.5 <500 - 510 938.0 938.5 0.5 <500 - 1180 940.5 941.0 0.5 520 - 760 941.0 941.5 0.5 600 - 1500 941.5 942.0 0.5 <500 - 1190 942.0 942.5 0.5 530 - 1300 942.5 943.0 0.5 700 - 5100 943.0 943.2 0.2 3000 - 33000 943.2 943.3 0.1 >61000 943.3 943.5 0.2 2000 - 28000 943.5 944.0 0.5 580 - 2000 944.0 944.5 0.5 500 - 1300 944.5 945.0 0.5 1700 - 2800 946.0 946.5 0.5 850 - 9000 948.0 948.2 0.2 17000 - 43000 948.2 948.4 0.2 >61000 948.4 948.5 0.1 4000 - 9000 948.5 949.0 0.5 1800 - 50000 949.0 949.5 0.5 660 - 7100 949.5 950.0 0.5 750 - 6900 950.0 950.5 0.5 13000 - 5100 950.5 951.0 0.5 <500 -540 951.0 951.5 0.5 700 - 18000 951.5 952.0 0.5 <500 -540 952.0 952.5 0.5 <500 - 1830 954.5 955.5 1.0 <500 955.5 956.0 0.5 <500 - 710 956.0 956.5 0.5 <500 956.5 957.0 0.5 <500 - 1090 957.0 957.5 0.5 <500 - 1030 958.5 959.0 0.5 <500 - 750 959.5 960.0 0.5 <500 - 900 960.0 960.5 0.5 <500 - 720 960.5 961.0 0.5 680 - 3280 961.0 961.5 0.5 <500 - 540 961.5 962.0 0.5 <500 - 1280 962.0 962.5 0.5 <500 - 1230 962.5 963.0 0.5 <500 - 680 963.0 963.5 0.5 <500 - 1200 963.5 964.5 1.0 <500 965.5 966.0 0.5 <500 - 860 966.0 966.5 0.5 <500 968.5 969.0 0.5 <500 - 1300 971.5 972.0 0.5 <500 990.5 993.0 2.5 <500 993.0 993.5 0.5 <500 - 830 993.5 994.0 0.5 1700 - 3200 994.0 994.5 0.5 1200 - 3100 994.5 995.0 0.5 1100 - 3290 995.0 995.5 0.5 2000 - 5300 995.5 996.0 0.5 4000 - 9100 996.0 996.5 0.5 <500 - 900 996.5 997.0 0.5 <500 - 7380 997.0 997.5 0.5 900 - 2200 997.5 998.0 0.5 2980 - 2340 998.0 998.5 0.5 <500 1005.0 1005.5 0.5 600 - 3700 1005.5 1006.0 0.5 <500 - 1100 1006.0 1006.5 0.5 <500 - 1600 1006.5 1007.0 0.5 <500 1007.0 1007.5 0.5 <500 - 1300 1007.5 1008.0 0.5 <500 1009.5 1010.0 0.5 <500 - 3600 1010.0 1012.0 2.0 <500 1012.0 1012.5 0.5 <500 - 5000 1012.5 1013.0 0.5 1000 - 7500 1013.0 1013.5 0.5 790 - 10000 1013.5 1014.0 0.5 1050 - 9000 1014.0 1014.5 0.5 <500 1017.5 1018.0 0.5 <500 - 1900 1023.5 1024.0 0.5 <500 - 550 1024.0 1024.5 0.5 <500 - 760 1026.0 1026.5 0.5 <500 1026.5 1027.0 0.5 <500 - 4250 1027.0 1027.5 0.5 <500 1027.5 1028.0 0.5 580 - 4690 1028.0 1028.5 0.5 680 - 1390 1028.5 1029.0 0.5 780 - 2230 1029.0 1029.5 0.5 600 - 43000 1030.5 1031.0 0.5 <500 - 11000 1031.0 1031.5 0.5 <500 - 1090 1032.0 1032.5 0.5 <500 1032.5 1033.0 0.5 <500 - 29000 1033.0 1033.5 0.5 <500 - 5750 1033.5 1034.0 0.5 <500 - 1500 1035.5 1036.0 0.5 <500 1036.0 1036.5 0.5 <500 - 1500 1036.5 1037.0 0.5 <500 RK-25-257c1 337 -68 1139.0 - 964.0 966.0 2.0 <500 1037.0 1037.5 0.5 <500 1039.5 1040.0 0.5 <500 -700 1040.0 1040.5 0.5 <500 - 650 1040.5 1041.0 0.5 <500 - 750 1041.0 1041.5 0.5 <500 - 530 1041.5 1042.0 0.5 <500 - 620 1042.0 1042.5 0.5 <500 1044.0 1044.5 0.5 <500 - 690 1044.5 1045.0 0.5 <500 - 700 1048.5 1049.0 0.5 <500 1094.5 1095.0 0.5 <500 RK-25-257c2 337 -68 1104.0 - 997.5 998.0 0.5 <500 998.5 999.0 0.5 <500 1000.5 1001.5 1.0 <500 1036.5 1037.0 0.5 <500 - 1300 RK-25-258 278 -67 249.0 117.8 No significant intersections RK-25-258c1 278 -67 687.0 - 499.0 499.5 0.5 <500 500.0 500.5 0.5 <500 - 2800 500.5 501.0 0.5 <500 -900 501.0 501.5 0.5 <500 - 1700 501.5 502.0 0.5 <500 502.5 503.5 1.0 <500 506.5 507.0 0.5 <500 507.0 507.5 0.5 <500 - 720 507.5 508.0 0.5 <500 - 620 508.0 508.5 0.5 <500 - 870 508.5 509.0 0.5 <500 514.0 514.5 0.5 <500 519.5 520.0 0.5 <500 520.0 520.5 0.5 <500 - 1300 520.5 521.0 0.5 <500 - 2300 521.0 521.5 0.5 <500 - 900 521.5 522.0 0.5 <500 534.5 535.0 0.5 <500 535.5 537.5 2.0 <500 538.0 538.5 0.5 <500 538.5 539.0 0.5 <500 - 1300 539.0 539.5 0.5 <500 545.0 546.0 1.0 <500 546.0 546.5 0.5 <500 - 1000 546.5 547.0 0.5 <500 549.0 551.0 2.0 <500 551.0 551.5 0.5 <500 - 2800 551.5 552.0 0.5 <500 552.0 552.5 0.5 <500 - 3300 552.5 553.0 0.5 3000 - 36000 553.0 553.5 0.5 1300 - 17000 553.5 554.0 0.5 2500 - 14000 554.0 554.5 0.5 550 - 2300 554.5 555.0 0.5 <500 - 1000 555.0 555.5 0.5 600 - 2000 557.0 557.5 0.5 <500 557.5 558.0 0.5 <500 - 760 558.0 558.5 0.5 1000 - 3600 558.5 559.0 0.5 3200 - 26000 559.0 559.5 0.5 9000 - 30000 559.5 560.0 0.5 5500 - 12000 560.0 560.5 0.5 600 - 3800 560.5 561.0 0.5 2000 - 6500 561.0 561.5 0.5 1500 - 3800 561.5 562.0 0.5 700 - 1700 562.0 562.5 0.5 <500 - 1500 562.5 563.0 0.5 1000 - 2500 563.0 563.5 0.5 <500 - 2100 563.5 564.0 0.5 <500 - 700 564.0 564.5 0.5 <500 564.5 565.0 0.5 <500 - 1000 565.0 565.5 0.5 <500 565.5 566.0 0.5 <500 - 530 566.0 566.2 0.2 500 - 3500 566.2 566.4 0.2 >61000 566.4 566.5 0.1 900 - 10000 566.5 567.0 0.5 <500 573.5 574.0 0.5 <500 574.5 575.0 0.5 <500 629.0 629.5 0.5 <500 - 950 629.5 630.0 0.5 <500 - 550 630.0 630.5 0.5 <500 631.5 633.0 1.5 <500 633.0 633.5 0.5 <500 - 1200 633.5 634.0 0.5 <500 - 1300 634.0 634.5 0.5 <500 - 630 635.0 636.0 1.0 <500 642.0 642.5 0.5 <500 RK-25-258c2 278 -67 667.0 - 552.5 553.0 0.5 <500 572.5 573.0 0.5 <500 - 820 573.0 573.5 0.5 <500 - 1800 574.0 574.5 0.5 <500 - 580 574.5 575.0 0.5 <500 - 1100 575.5 576.0 0.5 <500 - 5800 576.0 576.5 0.5 500 - 3500 576.5 577.0 0.5 800 - 2800 577.0 577.5 0.5 1000 - 8500 577.5 578.0 0.5 1400 - 8000 578.0 578.5 0.5 1400 - 9800 578.5 579.0 0.5 1000 - 30000 579.0 579.5 0.5 <500 - 37000 579.5 580.0 0.5 750 - 2400 580.0 580.5 0.5 2100 - 4200 580.5 581.0 0.5 <500 - 19000 582.5 583.0 0.5 <500 584.0 584.5 0.5 <500 584.5 585.0 0.5 <500 - 2350 585.0 585.5 0.5 500 - 5300 585.5 586.0 0.5 <500 - 2500 586.0 586.5 0.5 900 - 7000 586.5 587.0 0.5 <500 - 4100 587.0 587.5 0.5 500 - 27000 587.5 588.0 0.5 <500 - 1100 588.0 589.0 1.0 <500 589.5 590.0 0.5 <500 591.0 591.5 0.5 <500 592.0 592.5 0.5 <500 - 2500 592.5 593.0 0.5 <500 - 600 594.0 594.5 0.5 <500 - 750 594.5 595.0 0.5 <500 - 770 595.0 595.5 0.5 <500 598.0 598.5 0.5 <500 598.5 599.0 0.5 <500 - 520 601.0 601.5 0.5 <500 602.0 602.5 0.5 <500 603.5 605.5 2.0 <500 605.5 606.0 0.5 <500 - 1500 606.0 606.5 0.5 <500 - 700 606.5 607.0 0.5 <500 - 3000 607.0 607.5 0.5 900 - 2800 607.5 608.0 0.5 <500 608.0 608.5 0.5 <500 - 1800 608.5 609.0 0.5 <500 - 510 609.0 609.5 0.5 <500 - 1800 618.5 619.0 0.5 <500 - 520 619.5 624.0 4.5 <500 629.0 629.5 0.5 <500 - 750 629.5 630.0 0.5 <500 630.0 630.5 0.5 <500 - 1300 638.5 639.0 0.5 <500 RK-25-259 280 -68 609.0 118.7 461.0 461.5 0.5 <500 461.5 462.0 0.5 <500 - 1000 462.0 463.0 1.0 <500 463.0 463.5 0.5 <500 - 1300 463.5 464.0 0.5 <500 - 1200 464.0 464.5 0.5 <500 - 1000 464.5 465.0 0.5 <500 465.5 466.0 0.5 <500 - 700 471.0 471.5 0.5 <500 471.5 472.0 0.5 <500 - 1100 472.0 472.5 0.5 <500 472.5 473.0 0.5 <500 - 510 473.0 473.5 0.5 <500 - 750 473.5 474.0 0.5 <500 474.0 474.5 0.5 <500 - 720 474.5 475.0 0.5 600 - 3300 475.0 475.5 0.5 930 - 20000 475.5 476.0 0.5 <500 - 800 477.0 477.5 0.5 <500 491.0 491.5 0.5 <500 522.0 522.5 0.5 <500 522.5 523.0 0.5 <500 - 1300 523.0 523.5 0.5 <500 - 510 523.5 524.5 1.0 <500 532.5 533.0 0.5 <500 536.5 537.0 0.5 <500 - 1900 537.0 537.5 0.5 <500 - 22000 596.0 596.5 0.5 <500 596.5 597.0 0.5 <500 - 520 RK-25-260 277 -72 879.0 111.0 612.0 612.5 0.5 <500 - 520 614.0 614.5 0.5 <500 - 1690 RK-25-261 275 -70 456.0 - 272.0 273.0 1.0 <500 281.0 281.5 0.5 <500 282.0 283.0 1.0 <500 283.5 284.0 0.5 <500 284.0 285.0 1.0 <500 - 2000 286.0 286.5 0.5 <500 288.0 288.5 0.5 <500 290.5 291.0 0.5 <500 301.0 302.0 1.0 <500 308.0 308.5 0.5 <500 309.5 310.0 0.5 <500 - 600 310.0 312.0 2.0 <500 314.5 315.0 0.5 <500 322.0 324.5 2.5 <500 324.5 325.0 0.5 <500 - 700 325.0 325.5 0.5 <500 - 850 325.5 326.0 0.5 <500 - 540 326.0 326.5 0.5 <500 - 540 326.5 327.0 0.5 <500 327.0 327.5 0.5 <500 - 1300 327.5 328.0 0.5 700 - 16000 328.0 328.5 0.5 900 - 2800 328.5 329.0 0.5 <500 - 600 329.0 330.5 1.5 <500 330.5 331.0 0.5 1000 - 3700 331.0 331.5 0.5 <500 - 1900 331.5 332.0 0.5 <500 332.5 333.0 0.5 <500 333.0 333.5 0.5 <500 - 650 333.5 334.0 0.5 600 - 1000 334.0 334.5 0.5 <500 340.0 340.5 0.5 <500 - 640 340.5 341.0 0.5 <500 - 1100 341.0 341.5 0.5 <500 - 1400 341.5 342.0 0.5 <500 - 640 361.5 362.0 0.5 <500 RK-25-262 280 -70 567.0 119.6 417.0 417.5 0.5 <500 - 560 423.5 424.0 0.5 <500 426.5 427.0 0.5 <500 433.5 434.0 0.5 <500 - 580 435.0 435.5 0.5 <500 - 1400 435.5 436.0 0.5 <500 - 650 436.0 436.5 0.5 <500 438.0 438.5 0.5 <500 442.5 443.0 0.5 <500 - 700 452.5 453.0 0.5 <500 - 2200 455.0 455.5 0.5 <500 458.5 459.0 0.5 <500 - 330 459.0 459.5 0.5 <500 - 640 463.5 464.0 0.5 <500 - 1800 464.0 464.5 0.5 <500 - 5200 464.5 465.0 0.5 <500 - 630 466.0 466.5 0.5 <500 466.5 467.0 0.5 <500 - 1500 470.5 471.0 0.5 <500 490.0 490.5 0.5 <500 - 860 491.0 491.5 0.5 <500 - 650 491.5 492.0 0.5 <500 - 620 492.0 492.5 0.5 <500 - 730 492.5 493.0 0.5 <500 - 600 493.5 494.0 0.5 <500 - 540 494.0 494.5 0.5 <500 - 610 494.5 495.0 0.5 <500 - 3300 495.0 495.5 0.5 <500 - 2100 511.0 511.5 0.5 <500 511.5 512.0 0.5 <500 - 1000 512.0 512.5 0.5 <500 RK-25-263 275 -70 474.0 - 308.5 309.0 0.5 <500 311.5 312.0 0.5 <500 - 1100 312.0 312.5 0.5 <500 - 850 312.5 313.0 0.5 <500 313.0 313.5 0.5 <500 - 950 313.5 314.0 0.5 <500 314.5 315.0 0.5 <500 - 850 320.5 321.0 0.5 <500 356.5 357.5 1.0 <500 413.0 414.0 1.0 <500 RK-25-264 265 -70 390.0 123.8 255.0 256.5 1.5 <500 257.5 258.0 0.5 <500 263.0 264.5 1.5 <500 265.5 267.5 2.0 <500 325.5 326.5 1.0 <500 RK-25-210c1 310 -70 894.0 - 794.0 794.5 0.5 <500 795.0 796.0 1.0 <500 801.5 802.0 0.5 1800 - 35000 802.0 802.5 0.5 1100 - 15000 802.5 803.0 0.5 <500 - 850 803.0 803.5 0.5 <500 - 3500 803.5 804.5 1.0 <500 804.5 805.0 0.5 <500 - 1300 805.0 805.5 0.5 <500 - 1100 805.5 806.0 0.5 <500 - 720 806.0 806.5 0.5 <500 - 850 811.0 811.5 0.5 <500 - 1250 811.5 812.0 0.5 <500 -1600 812.5 813.0 0.5 <500 - 580 813.0 813.5 0.5 <500 - 2200 813.5 814.0 0.5 <500 - 2100 814.5 815.0 0.5 <500 - 750 817.5 818.0 0.5 <500 - 3150 819.0 819.5 0.5 <500 819.5 820.0 0.5 <500 - 3350 820.0 820.5 0.5 <500 - 2100 820.5 821.0 0.5 <500 - 2750 821.0 821.5 0.5 <500 - 11000 821.5 822.0 0.5 <500 - 4500 824.0 824.5 0.5 <500 - 600 824.5 825.0 0.5 <500 - 1350 855.5 856.0 0.5 <500 857.0 857.5 0.5 <500 RK-25-265 270 -68 627.0 119.2 488.0 488.5 0.5 <500 511.5 512.0 0.5 <500 512.0 512.5 0.5 <500 - 530 512.5 513.0 0.5 <500 -1620 515.5 516.0 0.5 <500 RK-25-210c2 310 -70 909.0 - 811.0 811.5 0.5 <500 811.5 812.0 0.5 1100 - 6200 812.0 812.5 0.5 <500 - 520 812.5 813.0 0.5 <500 813.0 813.5 0.5 <500 - 620 814.5 815.0 0.5 630 - 7000 816.5 817.0 0.5 <500 - 1200 817.0 817.5 0.5 <500 - 1100 819.0 819.5 0.5 <500 - 600 821.5 822.0 0.5 <500 - 1200 822.0 822.5 0.5 3000 - 20000 822.5 823.0 0.5 <500 - 6000 823.0 823.5 0.5 1000 - 5000 823.5 824.0 0.5 600 - 2400 824.0 825.0 1.0 <500 841.0 841.5 0.5 <500 841.5 842.0 0.5 <500 - 1000 844.5 845.0 0.5 <500 852.5 853.0 0.5 <500 - 780 868.5 869.0 0.5 <500 - 520 887.5 888.0 0.5 <500 888.0 888.5 0.5 <500 - 1000 RK-25-266 275 -67 543.0 122.9 431.5 432.0 0.5 <500 432.0 432.5 0.5 <500 - 6200 432.5 433.0 0.5 <500 - 900 433.0 433.5 0.5 <500 - 690 RK-25-267 274 -68 528.0 126.3 468.0 468.5 0.5 <500 - 900 470.5 471.0 0.5 <500 474.0 474.5 0.5 <500 488.5 489.0 0.5 <500 RK-25-268 280 -60 429.0 135.3 246.0 246.5 0.5 <500 248.0 248.5 0.5 <500 248.5 249.0 0.5 <500 249.0 249.5 0.5 <500 250.0 250.5 0.5 <500 - 650 250.5 251.0 0.5 <500 251.0 252.0 1.0 <500 252.0 252.5 0.5 <500 - 1500 253.5 254.0 0.5 <500 254.0 254.5 0.5 <500 - 630 254.5 255.0 0.5 530 - 1000 255.0 255.5 0.5 650 - 1530 255.5 256.0 0.5 <500 256.0 256.5 0.5 <500 - 650 256.5 257.0 0.5 <500 - 1000 257.0 257.5 0.5 <500 - 900 257.5 258.0 0.5 <500 258.5 259.0 0.5 <500 259.0 259.5 0.5 <500 - 1900 260.0 260.5 0.5 <500 - 600 260.5 261.0 0.5 <500 - 900 261.5 262.0 0.5 <500 - 610 262.5 263.5 1.0 <500 263.5 264.0 0.5 <500 - 900 272.5 273.0 0.5 <500 275.0 275.5 0.5 <500 276.0 276.5 0.5 <500 - 550 276.5 277.0 0.5 <500 277.5 278.0 0.5 <500 280.5 281.0 0.5 <500 285.0 285.5 0.5 <500 288.5 289.0 0.5 <500 289.0 289.5 0.5 <500 - 550 289.5 290.0 0.5 <500 - 2000 290.5 291.0 0.5 <500 293.0 293.5 0.5 <500 - 2550 293.5 294.0 0.5 <500 - 700 294.0 294.5 0.5 <500 295.5 296.0 0.5 <500 301.0 301.5 0.5 <500 305.5 306.0 0.5 <500 - 550 RK-25-269 298 -68 820.0 108.9 671.0 671.5 0.5 <500 - 850 703.0 703.5 0.5 <500 - 1820 709.5 710.0 0.5 <500 - 980 717.5 718.0 0.5 <500 - 700 718.0 718.5 0.5 <500 - 5700 724.5 725.0 0.5 <500 - 1800 727.5 728.0 0.5 <500 - 1380 731.5 732.0 0.5 1500 - 7600 732.0 732.5 0.5 1900 - 7600 732.5 733.0 0.5 500 - 890 733.0 733.5 0.5 <500 - 1890 733.5 734.0 0.5 900 - 2500 734.0 734.5 0.5 800 - 1260 734.5 735.0 0.5 <500 - 1480 735.5 736.0 0.5 <500 736.5 737.0 0.5 <500 - 520 737.0 737.5 0.5 <500 - 590 738.0 738.5 0.5 <500 - 2300 738.5 739.0 0.5 <500 - 540 744.0 745.0 1.0 <500 745.0 745.5 0.5 <500 - 1300 745.5 746.0 0.5 3010 - 3700 746.0 746.5 0.5 <500 - 1200 746.5 747.0 0.5 <500 - 7000 747.0 747.5 0.5 750 - 18000 747.5 748.0 0.5 <500 - 840 748.0 748.5 0.5 <500 - 640 748.5 749.0 0.5 770 - 2490 749.0 749.5 0.5 880 - 1380 749.5 750.0 0.5 <500 - 6600 750.0 750.5 0.5 <500 - 4430 751.5 752.0 0.5 <500 753.0 753.5 0.5 <500 - 680 755.5 756.0 0.5 <500 - 2100 757.5 758.0 0.5 650 - 1200 758.0 758.5 0.5 900 - 34000 758.5 759.0 0.5 2600 - 25000 759.0 759.5 0.5 600 - 2700 759.5 760.0 0.5 <500 760.0 760.5 0.5 <500 - 820 760.5 762.0 1.5 <500 762.0 762.5 0.5 <500 - 3800 762.5 763.0 0.5 500 - 3200 763.0 763.5 0.5 <500 - 790 763.5 764.0 0.5 <500 - 1700 764.0 764.5 0.5 <500 765.0 765.5 0.5 <500 765.5 766.0 0.5 <500 - 520 769.5 770.0 0.5 <500 - 1100 770.0 770.5 0.5 <500 - 1800 771.0 771.5 0.5 <500 - 970 771.5 772.0 0.5 <500 - 2400 772.0 772.5 0.5 <500 - 5800 772.5 773.0 0.5 <500 - 790 773.5 774.0 0.5 <500 - 2800 775.5 776.0 0.5 <500 776.5 777.0 0.5 <500 - 530 777.0 777.5 0.5 700 - 1170 RK-25-270 290 -65 420.0 134.7 No significant intersections RK-25-271 275 -75 744.0 115.0 587.0 587.5 0.5 <500 587.5 588.0 0.5 <500 - 730 596.0 596.5 0.5 <500 596.5 597.0 0.5 <500 - 1300 597.0 598.0 1.0 <500 598.0 598.5 0.5 <500 - 600 600.0 600.5 0.5 <500 603.0 603.5 0.5 <500 610.0 610.5 0.5 <500 - 520 610.5 611.0 0.5 <500 - 10000 611.0 611.5 0.5 <500 - 1000 612.0 612.5 0.5 <500 612.5 613.0 0.5 <500 - 800 613.0 613.5 0.5 <500 - 610 613.5 614.0 0.5 <500 614.0 614.5 0.5 <500 - 4100 614.5 615.0 0.5 1500 - 6100 615.0 615.5 0.5 1400 - 4700 615.5 616.0 0.5 <500 617.5 618.0 0.5 <500 - 740 618.0 618.5 0.5 <500 - 3300 618.5 619.0 0.5 <500 620.0 621.0 1.0 <500 621.0 621.5 0.5 <500 - 630 621.5 622.0 0.5 <500 - 1600 622.0 622.5 0.5 760 - 2100 622.5 623.0 0.5 800 - 2800 623.0 624.5 1.5 <500 624.5 625.0 0.5 540 - 3100 625.0 625.5 0.5 1700 - 9100 625.5 626.0 0.5 1100 - 3300 626.0 626.5 0.5 <500 - 1700 626.5 627.0 0.5 <500 - 1000 627.0 627.5 0.5 <500 - 1400 627.5 628.0 0.5 520 - 2600 628.0 628.5 0.5 730 - 17500 628.5 629.0 0.5 <500 - 3200 629.0 629.5 0.5 <500 - 600 629.5 630.0 0.5 520 - 7600 630.0 630.5 0.5 720 - 39000 630.5 631.0 0.5 800 - 5700 631.0 631.5 0.5 570 - 8100 631.5 632.0 0.5 <500 - 2200 632.0 632.1 0.1 >61000 632.1 632.5 0.4 <500 - 55000 632.5 633.0 0.5 <500 633.0 633.5 0.5 <500 - 55200 633.5 634.0 0.5 1400 - 25400 634.0 634.2 0.2 24000 - 50500 634.2 634.3 0.1 >61000 634.3 634.5 0.2 21000 - 51500 634.5 634.7 0.2 >61000 634.7 635.0 0.3 3400 - 47500 635.0 635.2 0.2 >61000 635.2 635.5 0.3 2100 - 53500 635.5 636.0 0.5 <500 - 810 636.0 637.0 1.0 <500 637.0 637.4 0.4 <500 - 4200 637.4 637.5 0.1 >61000 637.5 637.7 0.2 <500 - 1100 637.7 637.8 0.1 >61000 637.8 638.0 0.2 <500 - 700 638.5 639.0 0.5 <500 639.0 639.5 0.5 <500 - 1850 639.5 640.0 0.5 2000 - 17500 640.0 640.5 0.5 550 - 11000 642.5 643.0 0.5 <500 643.0 643.5 0.5 <500 - 1100 643.5 644.0 0.5 <500 647.5 648.0 0.5 <500 648.0 648.5 0.5 <500 - 670 649.5 650.0 0.5 750 - 12000 650.0 650.5 0.5 <500 - 860 650.5 652.0 1.5 <500 652.0 652.5 0.5 <500 - 1090 653.0 653.5 0.5 <500 - 600 659.0 659.5 0.5 <500 663.5 664.0 0.5 <500 664.0 664.5 0.5 <500 - 5410 664.5 665.0 0.5 <500 - 690 675.0 675.5 0.5 <500 - 670 676.0 677.0 1.0 <500 677.5 678.0 0.5 <500 - 600 681.0 681.5 0.5 <500 697.0 697.5 0.5 <500 - 1000 705.5 706.0 0.5 <500 - 1300 723.5 724.5 1.0 <500 RK-25-272 270 -70 685.1 119.3 511.0 511.5 0.5 <500 511.5 512.0 0.5 <500 - 800 512.0 512.5 0.5 <500 - 1500 512.5 513.0 0.5 <500 521.0 522.5 1.5 <500 522.5 523.0 0.5 <500 - 590 523.0 523.5 0.5 <500 - 890 523.5 524.0 0.5 580 - 7200 524.0 524.5 0.5 <500 524.5 525.0 0.5 <500 - 1100 525.0 526.0 1.0 <500 530.0 530.5 0.5 <500 530.5 531.0 0.5 <500 - 1300 531.0 531.5 0.5 <500 - 800 531.5 532.0 0.5 <500 -700 532.0 532.5 0.5 <500 - 1500 532.5 533.0 0.5 500 - 15000 533.0 533.5 0.5 <500 - 600 533.5 534.0 0.5 800 - 23000 534.0 534.5 0.5 <500 - 600 534.5 535.0 0.5 <500 - 600 535.0 535.5 0.5 600 - 5000 535.5 536.0 0.5 1000 - 5000 536.0 536.5 0.5 600 - 2000 536.5 537.0 0.5 <500 539.5 540.0 0.5 <500 540.0 540.5 0.5 <500 - 630 540.5 541.0 0.5 <500 541.0 541.5 0.5 <500 - 580 541.5 542.5 1.0 <500 544.5 545.0 0.5 <500 545.5 548.0 2.5 <500 548.0 548.5 0.5 510 - 1700 548.5 549.0 0.5 640 - 1300 549.0 549.5 0.5 <500 - 3500 549.5 550.0 0.5 <500 550.0 550.5 0.5 630 - 5900 550.5 551.0 0.5 900 - 13000 551.0 551.5 0.5 <500 - 2100 552.5 553.0 0.5 <500 - 800 553.0 553.5 0.5 500 - 3800 553.5 554.0 0.5 <500 - 2800 554.0 554.5 0.5 1100 -7400 556.0 556.5 0.5 <500 - 1100 556.5 557.0 0.5 <500 - 2380 557.0 557.5 0.5 900 - 13800 557.5 558.0 0.5 1900 - 43000 558.0 558.5 0.5 4000 - 11900 558.5 559.0 0.5 <500 - 4600 559.0 559.5 0.5 <500 - 1500 559.5 560.0 0.5 <500 - 880 560.0 560.5 0.5 <500 - 1090 560.5 561.0 0.5 <500 561.0 561.5 0.5 <500 - 690 561.5 562.0 0.5 <500 - 1120 562.0 562.5 0.5 <500 - 580 562.5 563.0 0.5 <500 - 4000 563.0 563.2 0.2 >61000 563.2 563.5 0.3 <500 - 5300 563.5 564.0 0.5 <500 569.5 570.0 0.5 <500 - 870 570.0 570.5 0.5 <500 - 1200 570.5 571.0 0.5 <500 - 650 571.0 571.5 0.5 <500 - 590 571.5 572.0 0.5 2200 - 10000 572.0 572.5 0.5 <500 - 2900 572.5 573.0 0.5 <500 - 3700 573.0 574.0 1.0 <500 574.0 574.5 0.5 <500 - 1770 576.0 576.5 0.5 <500 - 6800 576.5 577.0 0.5 <500 - 4600 577.0 577.5 0.5 <500 - 10100 577.5 578.0 0.5 <500 - 590 578.0 578.5 0.5 <500 582.5 583.0 0.5 <500 584.0 584.5 0.5 <500 - 690 584.5 585.0 0.5 <500 586.5 587.0 0.5 <500 598.0 598.5 0.5 <500   All depths and intervals are meters downhole, true thicknesses are yet to be determined. "Off-scale" refers to >61,000 cps (counts per second) readings by gamma spectrometer type RS-125. "Anomalous" means >500 cps readings by gamma spectrometer type RS-120. Where "CPS Range" is <500 cps, this refers to local low radioactivity within the overall interval. Unconformity of 'N/A' denotes a lack of visible contact between Athabasca sandstone and basement rock. Maximum internal dilution 2.0 m downhole. All depths and intervals are meters downhole, true thicknesses are yet to be determined. Resource modelling in conjunction with an updated mineral resource estimate is required before true thicknesses can be determined. About NexGen NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational, long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol "NXE," and on the Australian Securities Exchange under the ticker symbol "NXG," providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan. Contact Information Leigh Curyer Chief Executive Officer NexGen Energy Ltd. +1 604 428 4112 [email protected]  www.nexgenenergy.ca Travis McPherson Chief Commercial Officer NexGen Energy Ltd. +1 604 428 4112 [email protected]  www.nexgenenergy.ca Monica Kras Vice President, Corporate Development NexGen Energy Ltd. +44 7307 191933 [email protected] www.nexgenenergy.ca Technical Disclosure* All technical information in this news release has been reviewed and approved by Jason Craven, NexGen's Vice President, Exploration, a qualified person under National Instrument 43-101. Natural gamma radiation in drill core reported in this news release was measured in counts per second (cps) using a Radiation Solutions Inc. RS-125 gamma spectrometer. The reader is cautioned that total count gamma readings may not be directly or uniformly related to uranium grades of the rock sample measured; they should be used only as a preliminary indication of the presence of radioactive minerals. A technical report in respect of the FS is filed on SEDAR (www.sedarplus.ca) and EDGAR (www.sec.gov/edgar.shtml) and is available for review on NexGen Energy's website (www.nexgenenergy.ca). Cautionary Note to U.S. Investors This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission ("SEC") set by the SEC's rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards. Forward-Looking Information The information contained herein contains "forward-looking statements" within the meaning of applicable United States securities laws and regulations and "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Statements relating to "mineral resources" are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future. Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen's planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 6, 2024 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen's 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR at www.sedarplus.ca and Edgar at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty thereof. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280488
View at source ↗