NexGen reports key uranium find at Rook I property

VANCOUVER, BC – NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG), a $2.8 billion uranium exploration company currently trading slightly below its InvestingPro Fair Value, has announced a significant discovery at its Rook I property, with drillhole RK-25-232 revealing a broad zone of intense mineralization. This hole encountered 3.9 meters of greater than 61,000 counts per second (cps), signifying a high concentration of uranium within a larger 13.8-meter mineralized interval.

The discovery, which commences at a depth of 452.2 meters, is considered one of the shallowest high-grade intersections at the Patterson Corridor East (PCE) and remains open in all directions. The high-grade subdomain has now doubled in size to a 210-meter strike and 335-meter vertical extent, a substantial increase from the 100-meter strike and 170-meter vertical extent reported in November 2024. Despite the promising development, the stock has experienced a 25.7% decline over the past six months, reflecting the […]

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