NexGen Sees 13 m at 5.2% and 10 m at 3.95% U3O8 in Latest Assays

NXENXE

Final 2025 assays at Patterson Corridor East returned intercepts including 13.0 m at 5.2% U3O8 (with 0.5 m at 30.2%) and 10.0 m at 3.95% U3O8 (with 0.5 m at 33.3%), confirming expansion of the high-grade subdomain. A new subdomain at 850 m depth yielded 4.5 m at 4.8% U3O8 (including 0.5 m at 33.3%).

1. Assay Highlights

Final 2025 assay results from Patterson Corridor East include RK-25-239 returning 13.0 m at 5.2% U3O8, including 0.5 m at 30.2% at 400 m below surface, and RK-25-240 returning 10.0 m at 3.95% U3O8, including 0.5 m at 33.3% at 670 m depth. These intercepts share geological characteristics across a 292 m mineralized dip extent and confirm significant grade continuity.

2. Subdomain Expansion

Additional holes RK-25-230 (7.5 m at 5.3% U3O8), RK-25-233 (6.0 m at 2.4% U3O8) and RK-25-236 (5.5 m at 2.3% U3O8) intercept high-grade mineralization 47 m, 151 m and 40 m respectively from the core RK-25-232. These results validate a strong core zone that remains open in most directions, underscoring the scale of the high-grade subdomain.

3. New Subdomain Discovery

Hole RK-25-257 has confirmed a secondary high-grade subdomain at 850 m below surface, returning 4.5 m at 4.8% U3O8, including 0.5 m at 33.3%, located 67 m up dip of RK-24-202. This discovery highlights significant growth potential and continuity beyond the primary subdomain footprint.

4. Upcoming 2026 Drilling

The 2026 drilling campaign is scheduled to recommence the week of May 25 with a total of 42,000 m planned, of which 29,241.8 m has already been completed. All samples from 2026 holes are submitted to an independent laboratory, with results to follow, supporting ongoing expansion efforts at PCE.

Sources

N