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NexGen Energy (Canada) Ltd (ASX:NXG)

ALERT: Price-sensitive ASX Announcement for NXG
Current share price for NXG : $13.390 0.29 (2.21%)+
Announcement
Release
13 Nov 2025 8:19AM
Price at Release
$13.100
Full Release
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Summary
NexGen Energy Ltd. announced significant high-grade assay results from its Patterson Corridor East (PCE) discovery, reaffirming the site's potential. The notable results included uranium grades with drillhole RK-25-254 showing 10.5 meters at 11.3% U3O8, including a portion with 56.2% U3O8. These findings highlight the continuity and expansion potential of high-grade subdomains within the PCE. The CEO, Leigh Curyer, emphasized the importance of these results in consolidating PCE as a new significant discovery, akin to their world-class Arrow deposit. This development positions NexGen strategically in the uranium market, aligning with North America's energy security strategies.
Key Points
  • Significant new high-grade assay results from Patterson Corridor East (PCE).
  • Drillhole RK-25-254 yielded 10.5m at 11.3% U3O8.
  • Continuity of high-grade subdomain confirmed over 330m vertically.
  • PCE discovery seen as significant as Arrow deposit.
  • NexGen's strategic positioning in the uranium market for energy security.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.