Uranium Discovery Highlights Expansion Potential at Patterson Corridor East

Source: Streetwise Reports 08/14/2024

NexGen Energy Ltd. NXE has reported an expansion of the mineralized zone at its Patterson Corridor East (PCE) site, following the commencement of its summer drill program on May 21.

To date, eight out of twelve drill holes have intersected mineralization, with extensive mineralization identified along a 540-meter strike and 600-meter vertical extent. The results include four drill holes with high-grade uranium mineralization, including the best hole to date, RK-24-207, which has shown massive uraninite replacement—a key indicator of a strongly mineralized system.

The latest findings highlight the presence of off-scale uranium mineralization (greater than 61,000 counts per second), which further underscores the potential of PCE to become a significant uranium deposit. The drilling program has already completed 10,045.5 meters of the planned 22,000 meters, with assay results from the mineralized intersections expected in the fourth quarter of 2024. The Push For Uranium NexGen Energy Ltd. […]

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