NexGen Energy Says Assays Highlight Continuity of High-Grade Subdomain at Canada Discovery

MT Newswires Live

05/08

NexGen Energy (ASX:NXG) said assays highlighted the expansion and continuity of the high-grade subdomain at its Patterson Corridor East (PCE) discovery in Canada, according to a Friday Australian bourse filing.

It encountered intercepts of 13 meters at 5.2% grade of triuranium octoxide, including 0.5 meters at 30.2% grade of triuranium octoxide, at 400 meters below surface, as well as 10 meters at 3.95% grade of triuranium octoxide, including 0.5 meters at 33.3% grade of triuranium octoxide, at 670 meters.

Around 29,241.8 meters of the planned 42,000 meters of exploration drilling is scheduled to resume the week of May 25.

Its shares fell 2% in recent trading on Friday.

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