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NexGen Energy (Canada) Ltd (ASX:NXG)

ALERT: Price-sensitive ASX Announcement for NXG
Current share price for NXG : $13.830 -3.83 (-21.69%)+
Announcement
Release
8 May 2026 8:13AM
Price at Release
$17.660
Full Release
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Summary
NexGen Energy Ltd has announced the final results of its 2025 assay program at the Patterson Corridor East (PCE) discovery, demonstrating significant expansion and continuity of high-grade uranium subdomains. The findings, highlighted by drill holes such as RK-25-239 and RK-25-240, reveal substantial mineralization at various depths, underscoring the potential for further exploration and development. This development aligns with NexGen’s strategic focus on enhancing uranium supply amidst global energy demands. The assays confirm the geological similarities between the PCE and the Arrow Deposit, indicating robust growth prospects for the company.
Key Points
  • Final batch of 2025 assays confirms high-grade intercepts at the Patterson Corridor East discovery.
  • RK-25-239 returns 13.0 meters at 5.2% U3O8, confirming expansion of the high-grade subdomain.
  • RK-25-240 highlights potential extension at depth with 10.0 meters at 3.95% U3O8.
  • New high-grade subdomain confirmed by RK-25-257 at 850 meters below surface.
  • Exploration drilling in 2026 aims to further the growth of PCE with significant drilling campaigns planned.
  • NexGen emphasizes the importance of expanding uranium supply in current market conditions.
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.