SW2

Property Description

The expansive SW2 land package hosts the Rook I Project – Arrow Deposit – and 5 additional discoveries along the Patterson and Patterson East Corridors. Strong conductive signatures with numerous offsets are coincident with discrete gravity lows and steep magnetic gradients – underexplored corridors with significant potential for further discovery.

Geological Characteristics

Feasibility Study (FS)

Summary of Completed Geophysical Surveys

Since the acquisition of the Property in 2012, NexGen has conducted numerous geophysical surveys, particularly along the Patterson Corridor (PC), which currently hosts two major uranium deposits discovered since 2012, along with numerous other uranium showings.

  • Ground Gravity (2012, 2015, and 2022)
  • Radiometric, VLF-EM, Magnetic (2013)
  • DC Resistivity (2013)
  • VTEM (2014)
  • Airborne Gravity (2015 and 2016)
  • ZTEM (2016)
  • 3D Resistivity (2016 and 2017)
  • Muon (2022 and 2023)
  • Hi-Res Magnetics (2023 and 2024)

Current Exploration

Ongoing exploration is focused on discovery by assessing, prioritizing, and testing the best target areas, including the recent discovery on Patterson Corridor East (PCE). All current target areas exhibit similar geophysical characteristics to Arrow – building from this successful exploration model and applying it rigorously.

Other

Discovery Date

Stage

Project Development + Greenfield

Project Description

84,651 Ha – 100% NexGen Ownership

Location

Southwest Athabasca Basin, SK

Commodity

U

Acquired

2012

Prospective Corridors

Patterson, Patterson East, Patterson West, Derkson, Derkson East, Derkson West, Fury, R7, Morrow, Mirror East, Mirror West, Bishop II East, Bishop II West – 163 km

Total Metres Drilled

310,380 m – Arrow

117,199 m – Greenfield