Strong Financial Position
NexGen maintains a strong financial position with approximately CAD 540 million in cash and another CAD 34 million in strategic uranium inventory.
Significant Progress on Rook 1 Project
The Rook 1 Project is advancing with detailed engineering, procurement, training and development, uranium marketing, exploration and permitting. The Canadian Nuclear Safety Commission is finalizing the remaining aspects of the regulatory approval process.
Positive Exploration Results at Patterson Corridor East
The completion of the 2024 drilling campaign delivered exceptional results with the discovery of a broad and continuous new uranium deposit.
Increased Utility Interest
There has been a material increase in utility interest and activity in uranium offtake contract negotiations, with a focus on Western world production and diversification.
Community and Sustainability Initiatives
Expanded community mentorship and education programs, including engaging more summer students and launching the 'Pathways to Your Future Career in Mining' program.
WMC Partnership for Uranium Marketing
NexGen has established an exclusive relationship with WMC, a highly experienced uranium marketing firm, to enhance its marketing approach.