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NexGen Announces Expansion of High-Grade Zone at Patterson Corridor East (PCE) and the Completion of 2026 Winter Drill Program

Paul Leblanc by Paul Leblanc
April 22, 2026
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  • Vertical extent of high-grade subdomain increased +33% to 550m with a strike length of 210m
  • High-grade extension in RK-26-280c1 with cumulative 4.2m of >10,000 cps including 0.6m of >61,000 cps
  • Continuity of intense mineralization in RK-26-271c1 with cumulative 12.6m of >10,000 cps including 2.3m of >61,000 cps 80m down plunge of RK-25-256 (5.5m at 21.4% U3O8)
  • Progressive high-grade continuity at depth in RK-26-276 with cumulative 11.2m of >10,000 cps including 0.6m of >61,000 cps and RK-26-285 with cumulative 9.0m of >10,000 cps including 0.7m of >61,000 cps

Vancouver, British Columbia–(Newsfile Corp. – April 22, 2026) – NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) (“NexGen” or the “Company”) announces results from the 2026 winter drill program at Patterson Corridor East (“PCE”) that recently concluded, highlighting significant vertical growth and strong internal continuity of high-grade mineralization.

Within the mineralized zone of PCE, the high-grade subdomain has now grown to 550 m in vertical extent, a 33% increase, with a strike length of 210 m. This expansion was primarily driven by hole RK-26-280c1 which returned cumulative 4.2m of >10,000 cps including 0.6m of >61,000 cps at 834m below surface (Figures 1-3). The hole successfully intersected mineralization 230m down plunge along a high-grade shoot interpreted to connect with RK-26-271c1 (Figure 4).

Holes RK-26-271c1, RK-26-276, and RK-26-285 returned strong mineralized intercepts between 600 to 700m below surface, where the system remains open for expansion (Figures 1 and 2, Table 1). Results from RK-26-271c1 include cumulative 12.6m of >10,000 cps including 2.3m of >61,000 cps 80m down plunge of RK-25-256 (5.5m at 21.4% U3O8) indicating continuity of intense high-grade mineralization (Figure 3). Further, the intersections from RK-26-276 (cumulative 11.2m of >10,000 cps including 0.6m of >61,000 cps) and RK-26-285 (cumulative 9.0m of >10,000 cps including 0.7m of >61,000 cps) add progressive high-grade continuity to the base of this growing subdomain.

Drilling 600m to the southeast of PCE along a separate parallel trend, prospective structure and alteration features are vectoring the Company toward potential repetition of mineralization within the overall PCE system (Figure 5).

Summer drilling of ~29,200m is schedule to commence the week of May 25, 2026. All samples from 2026 drilling are submitted to the independent Saskatchewan Research Council Geoanalytical Laboratory (SRC), with results to follow.

Leigh Curyer, Founder & Chief Executive Officer, commented: “Today’s results from the 2026 winter program confirm both the scale and growth of PCE continues to advance at pace. Increasing the vertical extent of the high-grade subdomain by 33% during the winter program, suggests substantial drilling is required going forward to fully understand the extent of this mineralized zone. In parallel, drilling focused on vectoring into additional zones of mineralization will be incorporated into the summer program based on these winter results.

“With the Rook I Project commencing construction this summer and the significance of PCE materializing rapidly, we look forward to future drilling and evaluation of PCE and its potential position in the long-term profile of NexGen’s uranium portfolio. NexGen is positioned to meet the strong demand for Canadian uranium for many decades into the future, whilst setting a new industry standard in the safe, efficient and reliable delivery of offtake to utility customers around the world.”

A total of 12,758.2m of the planned 42,000m has been completed in 2026, focusing on high-grade growth and expansion of mineralization. Thirteen drill holes totalling 9,131.7m were dedicated to advancing the mineralization at PCE and six drill holes totalling 3,626.5m tested the parallel trend. Since discovery (see news release date March 11, 2024), 115 drillholes totalling 72,464.7m targeted PCE mineralization (Figure 4) with 79 of the 115 drill holes being mineralized, including 54 intersecting high-grade (>10,000 cps) and 21 intersecting off-scale (>61,000 cps).

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Figure 1: Interpreted 3D model of PCE shown looking northwest (across strike) and northeast (along strike); previously reported in December 1, 2025 release, now with RK-26-271c1, RK-26-276, RK-26-280c1, and RK-26-285 intersections outlined in purple

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_002full.jpg

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Figure 2: Interpreted model of mineralization at PCE (as of this release); new holes emphasized by larger diameter pierce points and bold labels; view is a long section that looks perpendicular to the primary mineralized plane; total mineralized footprint in orange and the high-grade subdomains in red

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_003full.jpg

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Figure 3: Core photo from RK-25-280c1 displays semi-massive, off-scale (>61,000 cps) from uranium vein at 834m down hole

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_004full.jpg

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Figure 4: Core photo from RK-25-271c1 displays mineralization from 630.3 to 646.5m down hole with abundant high-grade and several instances of off-scale in competent basement rock; yellow outlines >1,000 cps, red outlines >10,000 cps, >61,000 cps outlined in purple

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_005full.jpg

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Figure 5: Map of PCE with completed 2026 drill holes; ground gravity in background, interpreted fault shown as black dashed line

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1745/293775_f571136e943028da_006full.jpg

Table 1: Spectrometer results since January 15, 2026 release

Drillhole Unconformity Depth (m) Handheld Spectrometer Results (RS-125)
Hole ID Azimuth Dip Total Depth (m) From (m) To (m) Width (m) CPS Range
RK-26-271c1 275 -75 730.0 – 615.0 616.5 1.5 <500
618.0 619.0 1.0 <500
619.5 627.5 8.0 <500
627.5 627.7 0.2 600 – 2000
627.7 627.8 0.1 >61000
627.8 628.0 0.2 800 – 3000
628.0 630.0 2.0 <500
630.0 630.5 0.5 <500 – 1400
630.5 631.0 0.5 <500
631.0 632.0 1.0 <500 – 900
632.0 632.5 0.5 600 – 1200
632.5 633.0 0.5 <500 – 2200
633.0 633.5 0.5 <500 – 1000
633.5 634.5 1.0 <500 – 900
634.5 635.0 0.5 500 – 40000
635.0 635.5 0.5 <500
635.5 636.0 0.5 <500 – 720
636.0 636.5 0.5 500 – 13000
636.5 636.8 0.3 10000 – 42000
636.8 636.9 0.1 >61000
636.9 637.0 0.1 24000 – 35000
637.0 637.2 0.2 17000 – 50000
637.2 637.4 0.2 >61000
637.4 637.5 0.1 30000 – 50000
637.5 638.0 0.5 500 – 38000
638.0 638.5 0.5 600 – 45000
638.5 638.6 0.1 50000 – 55000
638.6 638.9 0.3 >61000
638.9 639.0 0.1 500 – 55000
639.0 639.3 0.3 >61000
639.3 639.5 0.2 19000 – 57700
639.5 640.0 0.5 <500 – 46200
640.0 640.1 0.1 12200 – 51000
640.1 640.6 0.5 >61000
640.6 641.0 0.4 <500 – 58700
641.0 641.5 0.5 <500 – 49800
641.5 641.8 0.3 >61000
641.8 642.0 0.2 6700 – 41300
642.0 642.1 0.1 >61000
642.1 642.2 0.1 12200 – 51000
642.2 642.3 0.1 >61000
642.3 642.4 0.1 9300 – 51400
642.4 642.7 0.3 >61000
642.7 643.0 0.3 14300 – 46700
643.0 643.5 0.5 <500 – 7300
643.5 644.0 0.5 <500 – 8000
644.0 644.5 0.5 <500 – 1400
644.5 645.0 0.5 <500
645.0 645.5 0.5 <500 – 1300
645.5 646.5 1.0 <500 – 1200
646.5 647.0 0.5 <500 – 600
647.0 647.5 0.5 <500
647.5 648.0 0.5 <500 – 2200
648.0 648.5 0.5 <500 – 1000
648.5 649.0 0.5 <500 – 8000
649.0 649.5 0.5 3000 – 10000
649.5 650.0 0.5 3000 – 22000
650.0 650.5 0.5 <500 – 7000
650.5 653.0 2.5 <500
653.0 653.5 0.5 <500 – 900
653.5 654.0 0.5 <500
654.0 655.0 1.0 600 – 12000
655.0 655.5 0.5 500 – 7000
655.5 656.0 0.5 500 – 1600
656.0 656.5 0.5 <500 – 2200
656.5 657.0 0.5 <500 – 800
657.0 657.5 0.5 <500 – 700
657.5 658.0 0.5 <500
658.0 658.5 0.5 <500 – 600
658.5 659.0 0.5 <500 – 900
659.0 660.0 1.0 <500
660.0 660.5 0.5 <500 – 1100
660.5 661.0 0.5 <500 – 800
661.0 661.5 0.5 <500 – 1300
661.5 662.0 0.5 <500
662.0 662.5 0.5 <500 – 1000
662.5 663.0 0.5 <500 – 9500
663.0 663.5 0.5 <500 – 650
663.5 665.5 2.0 <500
665.5 666.0 0.5 <500 – 2200
666.0 666.5 0.5 <500 – 1500
670.5 671.0 0.5 <500 – 18300
671.0 671.5 0.5 <500 – 6100
671.5 672.0 0.5 570 – 32400
672.0 672.5 0.5 <500 – 4100
672.5 673.0 0.5 <500 – 7100
673.0 673.5 0.5 <500 – 3800
674.0 674.5 0.5 <500 – 530
674.5 675.0 0.5 <500 – 650
675.5 676.0 0.5 <500 – 900
676.0 676.5 0.5 <500
677.0 677.5 0.5 <500
678.5 679.5 1.0 <500
679.5 680.0 0.5 <500 – 22800
680.0 680.5 0.5 10000 – 42300
680.5 681.0 0.5 2000 – 30000
681.0 681.5 0.5 <500 – 1300
681.5 682.5 1.0 <500
682.5 683.0 0.5 <500 – 2900
683.0 683.5 0.5 <500 – 10400
683.5 684.0 0.5 <500 – 8000
684.0 684.5 0.5 <500
685.5 686.0 0.5 <500 – 1000
688.5 689.0 0.5 <500 – 4400
689.0 689.5 0.5 <500 – 1700
691.0 692.0 1.0 <500
692.5 693.0 0.5 <500 – 1700
695.0 695.5 0.5 <500
696.5 697.0 0.5 <500
698.5 699.0 0.5 <500 – 1600
700.0 700.5 0.5 <500 – 1100
700.5 701.0 0.5 <500 – 2100
701.0 701.5 0.5 <500 – 1500
701.5 702.5 1.0 <500 – 1700
703.0 703.5 0.5 <500 – 1900
706.0 706.5 0.5 <500
709.0 709.5 0.5 <500 – 800
709.5 710.0 0.5 <500
710.5 711.0 0.5 <500 – 1400
711.0 711.5 0.5 <500 – 1700
712.0 713.0 1.0 <500
714.0 715.0 1.0 <500 – 900
715.5 716.0 0.5 <500 – 1000
716.0 716.5 0.5 <500
718.5 719.0 0.5 <500
720.0 720.5 0.5 <500 – 3400
720.5 721.0 0.5 <500 – 1900
721.0 721.5 0.5 <500 – 1400
721.5 722.0 0.5 <500
723.0 723.5 0.5 <500 – 550
RK-26-273 295 -66 390.0 131.5 267.0 267.5 0.5 <500 – 800
RK-26-274 280 -75 546.0 119.9 417.0 418.0 1.0 <500
418.5 419.0 0.5 <500
419.0 419.5 0.5 <500 – 530
419.5 420.0 0.5 <500 – 2300
420.0 420.5 0.5 <500 – 660
420.5 421.5 1.0 <500
430.0 430.5 0.5 <500
431.5 432.5 1.0 <500
433.0 433.5 0.5 <500
435.5 436.0 0.5 <500
437.5 438.0 0.5 <500 – 1050
438.0 438.5 0.5 1000 – 13000
438.5 439.0 0.5 <500 – 2350
441.5 442.0 0.5 <500 – 950
442.0 442.5 0.5 700 – 1800
442.5 443.0 0.5 800 – 2000
443.0 443.5 0.5 800 – 1400
443.5 444.0 0.5 630 – 4900
444.0 444.5 0.5 3800 – 10000
444.5 445.0 0.5 800 – 4900
445.0 447.5 2.5 <500
447.5 448.0 0.5 <500 – 1000
448.0 448.5 0.5 <500 – 770
452.0 452.5 0.5 <500 – 590
453.0 454.0 1.0 <500
454.0 454.5 0.5 <500 – 780
454.5 455.0 0.5 <500 – 560
455.0 456.0 1.0 <500
456.0 456.5 0.5 600 – 1100
456.5 457.0 0.5 <500 – 1500
457.0 457.5 0.5 700 – 1200
457.5 458.0 0.5 <500 – 700
458.0 459.0 1.0 <500
459.0 459.5 0.5 640 – 1700
459.5 460.0 0.5 <500
468.0 468.5 0.5 <500 – 900
468.5 469.0 0.5 <500 – 1400
469.0 469.5 0.5 <500
470.0 470.5 0.5 <500 – 510
470.5 471.0 0.5 <500
473.5 475.0 1.5 <500
475.0 475.5 0.5 <500 – 510
475.5 476.0 0.5 <500 – 700
476.0 476.5 0.5 <500
476.5 477.0 0.5 <500 – 2700
479.5 480.0 0.5 550 – 1100
480.0 480.5 0.5 700 – 2900
480.5 481.0 0.5 <500 – 11700
481.0 481.5 0.5 <500
482.5 483.0 0.5 <500 – 600
490.5 491.0 0.5 <500 – 930
491.0 491.5 0.5 <500 – 880
491.5 492.0 0.5 <500 – 690
541.5 542.0 0.5 <500 – 6500
RK-26-275 310 -70 519.0 93.9 No Significant Intersections
RK-26-276 276 -69 810.0 112.7 662.5 663.5 1.0 <500
663.5 664.0 0.5 <500 – 4000
664.0 664.5 0.5 620 – 2200
664.5 665.0 0.5 <500 – 560
667.5 669.5 2.0 <500
669.5 670.0 0.5 <500 – 700
670.0 670.5 0.5 <500 – 1700
670.5 671.0 0.5 1500 – 4300
671.0 671.5 0.5 800 – 1400
671.5 671.9 0.4 3000 – 3300
671.9 672.0 0.2 >61000
672.0 672.2 0.2 6000 – 53000
672.2 672.5 0.3 >61000
672.5 673.0 0.5 1680 – 34000
673.0 673.5 0.5 17000 – 35000
673.5 674.0 0.5 600 – 950
674.0 674.5 0.5 <500
675.0 676.5 1.5 <500
676.5 677.0 0.5 <500 – 4050
677.0 677.5 0.5 <500 – 24000
678.5 679.0 0.5 800 – 6200
679.0 679.5 0.5 <500 – 1250
679.5 680.0 0.5 550 – 3600
680.0 680.5 0.5 1000 – 6900
680.5 681.0 0.5 1200 – 5500
681.0 681.5 0.5 750 – 1800
681.5 682.0 0.5 <500 – 1100
682.0 682.5 0.5 6000 – 14000
682.5 683.0 0.5 1300 – 5010
683.0 683.5 0.5 <500 – 2700
683.5 684.0 0.5 2080 – 18500
684.0 684.5 0.5 3050 – 26500
684.5 685.0 0.5 7200 – 15000
685.0 685.5 0.5 5500 – 18700
685.5 686.0 0.5 2500 – 26000
686.0 686.5 0.5 3500 – 30000
686.5 687.0 0.5 12000 – 15000
687.0 687.5 0.5 1300 – 15500
687.5 688.0 0.5 <500
688.0 688.5 0.5 1000 – 30000
688.5 689.0 0.5 2000 – 10000
689.0 689.5 0.5 1400 – 7500
689.5 690.0 0.5 6700 – 9000
690.0 690.5 0.5 <500
690.5 691.0 0.5 600 – 7700
691.0 691.5 0.5 <500 – 1200
691.5 692.0 0.5 590 – 9100
692.0 692.5 0.5 1100 – 21000
692.5 693.0 0.5 2700 – 44000
693.0 693.5 0.5 1400 – 7100
693.5 694.0 0.5 1000 – 38000
694.0 694.5 0.5 3700 – 31000
694.5 695.0 0.5 1100 – 14000
695.0 695.5 0.5 <500 – 4400
695.5 695.9 0.4 1100 – 14000
695.9 696.0 0.1 >61000
696.0 696.5 0.5 <500 – 700
697.0 697.5 0.5 <500
697.5 698.0 0.5 1250 – 5500
698.0 698.5 0.5 <500 – 1000
698.5 699.0 0.5 <500 – 11600
699.0 699.5 0.5 <500 – 2650
699.5 700.0 0.5 <500 – 3100
700.0 700.5 0.5 <500 – 3220
702.5 703.0 0.5 <500 – 2300
705.0 705.5 0.5 <500
705.5 706.0 0.5 <500 – 1100
709.0 709.5 0.5 <500 – 3800
709.5 710.0 0.5 <500 – 9800
710.0 710.5 0.5 <500 – 4400
RK-26-276c1 276 -69 814.0 – 678.5 679.0 0.5 <500
683.0 683.5 0.5 <500
683.5 684.0 0.5 <500 – 580
684.0 684.5 0.5 <500
684.5 685.0 0.5 <500 – 1320
685.0 685.5 0.5 <500 – 3150
685.5 686.0 0.5 570 – 1890
686.0 686.5 0.5 1400 – 7550
686.5 687.0 0.5 500 – 4500
687.0 687.5 0.5 <500 – 730
687.5 688.0 0.5 <500 – 510
688.0 688.5 0.5 1050 – 10000
688.5 689.0 0.5 1480 – 4000
689.0 689.5 0.5 740 – 12000
689.5 690.0 0.5 <500 – 4960
690.0 690.5 0.5 1250 – 13300
690.5 691.0 0.5 <500 – 780
691.0 691.5 0.5 <500 – 650
694.5 695.0 0.5 <500 – 800
695.5 696.0 0.5 <500 – 760
697.0 697.5 0.5 <500
699.5 700.0 0.5 <500 – 1220
700.5 701.0 0.5 <500 – 4100
701.0 701.5 0.5 <500 – 1780
701.5 702.0 0.5 <500 – 1000
702.0 702.5 0.5 <500
702.5 703.0 0.5 <500 – 2720
706.0 706.5 0.5 <500 – 1340
706.5 707.0 0.5 <500
707.0 707.5 0.5 <500 – 1780
707.5 708.0 0.5 <500
711.5 712.0 0.5 <500 – 2450
713.5 714.0 0.5 <500 – 3500
714.0 714.5 0.5 <500 – 1050
714.5 715.0 0.5 <500 – 850
715.0 715.5 0.5 620 – 8300
716.0 716.5 0.5 <500 – 8450
722.5 723.0 0.5 <500 – 580
724.0 724.5 0.5 <500
724.5 725.0 0.5 <500 – 650
725.0 725.5 0.5 <500 – 1280
725.5 726.0 0.5 <500 – 1600
726.5 727 0.5 <500 – 840
727.0 727.5 0.5 <500 – 1020
727.5 728 0.5 <500 – 560
728.0 728.5 0.5 <500 – 540
728.5 729 0.5 <500
729.5 730 0.5 <500 – 640
732.0 732.5 0.5 <500 – 700
732.5 733 0.5 <500 – 680
733.0 733.5 0.5 <500
740.5 741 0.5 <500
741.0 741.5 0.5 <500 – 580
741.5 742 0.5 <500 – 750
742.5 743 0.5 <500
746.5 747 0.5 620 – 1400
747.0 747.5 0.5 680 – 1400
747.5 748 0.5 1100 – 5000
748.0 748.5 0.5 <500 – 810
749.0 749.5 0.5 <500
751.5 752.5 1.0 <500
754.0 754.5 0.5 <500
755.0 756.5 1.5 <500
757.0 757.5 0.5 <500 – 700
757.5 758 0.5 <500 – 780
758.0 758.5 0.5 600 – 1700
758.5 759 0.5 520 – 1100
760.5 761 0.5 <500
763.0 763.5 0.5 <500 – 700
764.5 765 0.5 <500
766.5 767 0.5 <500 – 720
767.0 767.5 0.5 <500
767.5 768 0.5 <500 – 1650
783.0 783.5 0.5 <500
787.0 788 1.0 <500
805.0 805.5 0.5 <500
RK-26-276c2 276 -69 864.0 – 731.0 731.5 0.5 <500 – 47400
785.5 786.0 0.5 530 – 1350
786.0 786.5 0.5 <500 – 1700
786.5 787.0 0.5 <500 – 950
787.0 787.5 0.5 <500
789.5 790.0 0.5 <500
798.0 798.5 0.5 <500
798.5 799.0 0.5 <500 – 700
808.0 808.5 0.5 <500 – 650
810.5 811.0 0.5 <500 – 720
811.0 811.5 0.5 <500 – 940
812.5 813.0 0.5 <500
813.0 813.5 0.5 <500 – 740
RK-26-277 290 -70 525.0 – No Significant Intersections
RK-26-278 270 -70 648.2 117.9 513 513.5 0.5 <500
513.5 514 0.5 <500 – 600
514 514.5 0.5 <500 – 520
514.5 522.5 8.0 <500
522.5 523 0.5 <500 – 510
523 523.5 0.5 <500 – 510
523.5 524 0.5 500 – 3000
524 538 14.0 <500
538 538.5 0.5 <500 – 570
538.5 554.5 16.0 <500
554.5 555 0.5 <500 – 520
555 555.5 0.5 <500 – 520
555.5 558.5 3.0 <500
558.5 559 0.5 <500 – 530
559 564.5 5.5 <500
574 575 1.0 <500
577.5 578 0.5 <500
578 578.5 0.5 <500 – 610
578.5 579 0.5 <500 – 750
579 579.5 0.5 <500 – 530
579.5 580 0.5 <500 – 1000
580 580.5 0.5 <500 – 1080
580.5 581 0.5 850 – 1900
581 582 1.0 <500
582 582.5 0.5 <500 – 710
582.5 583 0.5 <500 – 950
583 583.5 0.5 530 – 750
583.5 585 1.5 <500
585.5 586 0.5 <500
586.5 587 0.5 <500
587 587.5 0.5 <500 – 800
587.5 588 0.5 <500 – 1020
588 589.5 1.5 <500
589.5 590 0.5 <500 – 1450
590 590.5 0.5 <500
592.5 594 1.5 <500
RK-26-279 290 -70 569.5 – No Significant Intersections
RK-26-280 270 -69 951 108.8 881.5 882.0 0.5 <500 – 13400
882.0 882.5 0.5 <500 – 2500
901.5 902.5 1.0 <500
902.5 903.0 0.5 <500 – 570
903.0 903.5 0.5 <500 – 1080
904.0 904.5 0.5 <500 – 670
904.5 905.0 0.5 <500 – 570
905.0 905.5 0.5 <500 – 1100
905.5 906.0 0.5 <500
906.0 906.5 0.5 <500 – 11100
906.5 907.0 0.5 <500 – 50600
908.5 909.0 0.5 <500 – 1200
909.0 909.5 0.5 <500 – 920
909.5 910.0 0.5 <500 – 640
910.5 911.0 0.5 <500
912.0 913.0 1.0 <500
RK-26-280c1 270 -70 1020 – 877.0 877.3 0.3 <500 – 750
877.3 877.4 0.1 >61000
877.4 877.5 0.1 4000 – 59000
877.5 877.7 0.2 700 – 14300
877.7 877.8 0.1 >61000
877.8 878.0 0.2 3200 – 53600
878.0 878.5 0.5 <500 – 4600
878.5 879.0 0.5 <500
879.0 879.5 0.5 <500 – 920
879.5 880.0 0.5 <500
880.0 880.5 0.5 <500 – 640
881.5 882.0 0.5 <500 – 2600
882.0 883.0 1.0 <500
883.0 883.5 0.5 1300 – 43400
883.5 883.7 0.2 1500 – 60400
883.7 884.0 0.3 >61000
884.0 884.5 0.5 2900 – 22400
884.5 885.0 0.5 <500 – 1100
885.0 885.5 0.5 <500 – 6400
885.5 886.0 0.5 <500 – 8500
886.5 887.0 0.5 <500 – 8700
887.0 887.5 0.5 <500 – 10700
889.0 889.5 0.5 <500 – 5100
890.0 890.5 0.5 <500
890.5 891.0 0.5 <500 – 970
891.0 891.5 0.5 <500 – 850
892.5 893.0 0.5 <500 – 900
893.0 893.5 0.5 <500 – 870
893.5 894.0 0.5 <500
896.5 897.0 0.5 <500 – 580
897.0 897.5 0.5 <500 – 720
897.5 898.0 0.5 <500
898.0 898.5 0.5 <500 – 750
898.5 899.0 0.5 <500 – 2800
899.0 899.5 0.5 <500 – 550
899.5 900.0 0.5 <500 – 2600
900.0 900.5 0.5 <500 – 850
900.5 901.0 0.5 <500 – 1150
901.0 901.5 0.5 500 – 2700
901.5 902.0 0.5 550 – 3400
902.5 903.0 0.5 <500
903.0 903.5 0.5 <500 – 700
903.5 904.0 0.5 <500 – 670
904.0 904.5 0.5 800 – 8700
904.5 905.0 0.5 1100 – 20500
905.0 905.5 0.5 600 – 15700
905.5 906.0 0.5 <500 – 3500
906.0 906.5 0.5 <500
906.5 906.8 0.3 9600 – 44700
906.8 906.9 0.1 >61000
906.9 907.0 0.1 13000 – 59000
907.0 907.5 0.5 <500 – 8400
907.5 908.0 0.5 550 – 1750
908.0 908.5 0.5 <500 – 1300
919.0 919.5 0.5 <500 – 3700
923.0 923.5 0.5 <500 – 900
925.0 925.5 0.5 <500 – 980
925.5 926.0 0.5 650 – 8800
936.5 937.0 0.5 <500 – 3100
RK-26-281 272 -70 539 117.7 492.5 493.0 0.5 <500 – 510
494.0 495.0 1.0 <500
516.0 516.5 0.5 <500 – 550
516.5 517.0 0.5 <500
517.0 517.5 0.5 <500 – 550
517.5 518.0 0.5 <500
518.5 519.0 0.5 <500 – 690
519.0 519.5 0.5 <500 – 7200
519.5 520.0 0.5 980 – 6600
520.0 520.5 0.5 <500 – 2100
520.5 521.0 0.5 <500 – 660
521.0 522.5 1.5 <500
522.5 523.0 0.5 <500 – 6000
523.0 523.5 0.5 <500
523.5 524.0 0.5 <500 – 1400
524.0 524.5 0.5 <500 – 560
524.5 525.0 0.5 <500 – 1700
525.0 525.5 0.5 <500 – 580
525.5 526.0 0.5 <500 – 970
526.0 526.5 0.5 <500
526.5 527.0 0.5 <500 – 2100
527.0 527.5 0.5 870 – 2200
527.5 528.0 0.5 970 – 1800
528.0 528.5 0.5 500 – 1940
528.5 529.0 0.5 <500 – 1400
529.0 529.5 0.5 550 – 2900
529.5 530.0 0.5 <500
530.5 531.0 0.5 <500 – 660
531.0 531.5 0.5 <500 – 670
531.5 532.0 0.5 <500 – 810
532.0 532.5 0.5 <500
532.5 533.0 0.5 <500 – 1600
533.5 534.0 0.5 <500
534.0 534.5 0.5 <500 – 970
534.5 535.0 0.5 <500
536.0 537.5 1.5 <500
578.0 578.5 0.5 <500 – 550
578.5 579.0 0.5 <500
RK-26-282 290 -70 609 92.5 No Significant Intersections
RK-26-283 270 -70 708.8 113.2 566.5 567.0 0.5 <500 – 620
567.0 567.5 0.5 <500
572.0 572.5 0.5 <500
573.5 574.0 0.5 <500
574.0 574.5 0.5 <500 – 760
575.0 576.0 1.0 <500
577.0 577.5 0.5 <500 – 520
577.5 578.0 0.5 <500 – 1200
581.5 582.0 0.5 <500
582.0 582.5 0.5 <500 – 1630
582.5 583.0 0.5 520 – 1420
583.0 583.5 0.5 500 – 1650
583.5 584.0 0.5 <500 – 2300
584.5 585.0 0.5 <500 – 650
585.0 587.0 2.0 <500
588.0 588.5 0.5 <500 – 670
588.5 589.0 0.5 <500 – 610
589.0 589.5 0.5 <500 – 1520
589.5 590.0 0.5 <500
590.0 590.5 0.5 840 – 2760
590.5 591.0 0.5 <500 – 1150
591.0 591.5 0.5 <500
591.5 592.0 0.5 <500 – 1570
592.0 592.5 0.5 <500 – 1170
592.5 593.0 0.5 540 – 2200
593.0 593.5 0.5 <500 – 630
593.5 594.0 0.5 510 – 1150
594.0 594.5 0.5 750 – 5400
594.5 595.0 0.5 630 – 3130
595.0 595.5 0.5 1350 – 31200
595.5 596.0 0.5 <500 – 2400
596.0 596.5 0.5 750 – 5000
596.5 597.5 1.0 <500
597.5 598.0 0.5 <500 – 1670
598.0 598.5 0.5 1560 – 2100
598.5 599.0 0.5 620 – 3200
599.0 599.5 0.5 <500 – 590
600.0 600.5 0.5 <500
600.5 601.0 0.5 <500 – 520
601.0 603.5 2.5 <500
603.5 604.0 0.5 <500 – 700
604.5 605.0 0.5 700 – 1510
605.0 605.5 0.5 <500 – 21000
605.5 606.0 0.5 <500 – 630
606.0 606.5 0.5 <500 – 1200
606.5 607.0 0.5 <500 – 900
607.0 607.5 0.5 <500
607.5 608.0 0.5 <500 – 600
608.0 608.5 0.5 <500 – 740
615.0 615.5 0.5 <500
615.5 616.0 0.5 <500 – 700
616.0 616.5 0.5 630 – 1480
616.5 617.0 0.5 <500 – 620
617.0 617.5 0.5 <500 – 610
617.5 618.0 0.5 <500 – 950
618.0 618.5 0.5 630 – 1840
618.5 619.0 0.5 <500 – 640
619.0 619.5 0.5 <500 – 570
619.5 620.0 0.5 <500 – 680
620.0 620.5 0.5 <500 – 570
620.5 621.0 0.5 <500
621.0 621.5 0.5 <500 – 750
621.5 622.0 0.5 <500 – 800
622.0 622.5 0.5 <500 – 710
622.5 623.0 0.5 <500 – 1190
623.0 623.5 0.5 <500
624.0 625.5 1.5 <500
626.5 628.0 1.5 <500
628.5 629.0 0.5 <500
629.0 629.5 0.5 <500 – 850
629.5 630.0 0.5 1300 – 3160
630.0 630.5 0.5 <500
630.5 631.0 0.5 <500 – 1720
631.0 631.5 0.5 <500 – 510
631.5 631.6 0.1 3000 – 4500
631.6 631.7 0.1 44000 – 60000
631.7 631.8 0.1 >61000
631.8 631.9 0.1 800 – 37000
631.9 632.0 0.1 900 – 2100
632.0 632.5 0.5 <500
634.5 635.0 0.5 <500
639.5 640.0 0.5 <500 – 820
640.0 640.5 0.5 1760 – 13300
670.0 670.5 0.5 <500 – 2980
670.5 671.0 0.5 1080 – 6700
671.0 671.5 0.5 860 – 9900
672.0 672.5 0.5 <500
681.0 681.5 0.5 <500 – 1700
681.5 682.0 0.5 <500 – 1300
691.0 691.5 0.5 <500 – 3500
691.5 692.0 0.5 <500
696.0 696.5 0.5 <500 – 700
RK-26-284 270 -70 558 111.5 No Significant Intersections
RK-26-285 275 -72 831 111.0 689.0 689.5 0.5 <500
689.5 690.0 0.5 <500 – 950
690.0 690.5 0.5 <500 – 680
690.5 691.0 0.5 930 – 2100
691.0 691.5 0.5 <500 – 1300
691.5 692.0 0.5 930 – 1600
692.0 692.5 0.5 <500 – 570
692.5 693.5 1.0 <500
693.5 694.0 0.5 <500 – 900
694.0 694.5 0.5 <500 – 600
697.5 698.0 0.5 <500
699.5 700.0 0.5 <500 – 1300
701.5 702.0 0.5 1100 – 31000
702.0 702.5 0.5 6000 – 23000
702.5 703.0 0.5 500 – 11900
703.0 703.5 0.5 700 – 8600
703.5 704.0 0.5 <500 – 3500
704.0 704.5 0.5 1800 – 49800
704.5 705.0 0.5 2200 – 30600
705.0 705.2 0.2 >61000
705.2 705.5 0.3 1300 – 38900
705.5 706.0 0.5 7500 – 31000
706.0 706.5 0.5 1300 – 3000
706.5 707.0 0.5 700 – 1300
707.0 707.5 0.5 2800 – 21800
707.5 708.0 0.5 2400 – 2900
708.0 708.5 0.5 <500 – 610
708.5 709.0 0.5 >61000
709.0 709.5 0.5 3000 – 14100
709.5 710.0 0.5 7500 – 41600
710.0 710.5 0.5 1400 – 26800
710.5 711.0 0.5 16100 – 21900
711.0 711.5 0.5 <500 – 630
711.5 712.5 1.0 <500
712.5 713.0 0.5 <500 – 530
716.5 717.0 0.5 800 – 25800
717.5 718.0 0.5 1100 – 6600
718.0 718.5 0.5 1800 – 5300
718.5 719.0 0.5 4500 – 12000
721.0 721.5 0.5 4700 – 25900
722.0 722.5 0.5 <500 – 2650
723.0 723.5 0.5 <500 – 1880
723.5 724.0 0.5 1400 – 3300
724.5 725.0 0.5 1100 – 14800
725.0 725.5 0.5 <500 – 1800
727.5 728.0 0.5 <500 – 1300
729.0 729.5 0.5 <500 – 8100
729.5 730.0 0.5 4100 – 32100
730.0 730.5 0.5 <500
730.5 731.0 0.5 <500 – 510
731.0 731.5 0.5 <500 – 5150
731.5 732.0 0.5 <500 – 1300
732.0 732.5 0.5 <500 – 1700
732.5 733.0 0.5 <500 – 2200
733.0 733.5 0.5 4100 – 6100
736.0 736.5 0.5 <500
739.5 740.0 0.5 <500 – 630
742.5 743.0 0.5 <500 – 570
743.5 744.0 0.5 <500
745.0 745.5 0.5 <500 – 1500
745.5 746.0 0.5 <500 – 1080
752.0 752.5 0.5 <500 – 670
752.5 753.0 0.5 <500
753.0 753.5 0.5 770 – 1900
753.5 754.0 0.5 <500 – 790
754.0 754.5 0.5 <500 – 770
754.5 755.0 0.5 <500 – 590
757.0 757.5 0.5 <500 – 520
757.5 758.5 1.0 <500
760.0 760.5 0.5 <500 – 790
760.5 761.0 0.5 <500 – 780
761.5 762.0 0.5 <500 – 580
763.0 763.5 0.5 <500 – 540
763.5 764.0 0.5 600 – 930
764.0 764.5 0.5 <500
765.0 765.5 0.5 <500 – 550
765.5 766.0 0.5 630 – 1300
766.0 766.5 0.5 880 – 3700
766.5 767.0 0.5 <500 – 1500
767.5 768.0 0.5 1600 – 2900
768.0 768.5 0.5 <500 – 630
768.5 769.0 0.5 <500 – 1700
771.5 772.0 0.5 <500 – 570
772.0 772.5 0.5 <500 – 1600
773.5 774.0 0.5 <500
776.5 777.0 0.5 <500 – 1500
RK-26-286 300 -70 624 108.1 No Significant Intersections
RK-26-287 288 -70.5 513 122.7 369.5 370.0 0.5 <500
390.0 391.0 1.0 <500
394.0 395.0 1.0 <500
395.5 398.0 2.5 <500
399.0 401.0 2.0 <500
401.5 402.0 0.5 <500
403.5 404.0 0.5 <500
406.5 407.0 0.5 <500
407.0 407.5 0.5 <500 – 950
407.5 408.0 0.5 <500 – 700
408.0 408.5 0.5 <500
408.5 409.0 0.5 <500 – 650
410.5 411.0 0.5 <500
411.0 411.5 0.5 <500 – 2200
411.5 412.0 0.5 <500 – 1400
412.0 412.5 0.5 <500 – 1700
412.5 413.0 0.5 <500 – 540
414.0 415.0 1.0 <500 – 600
416.0 416.5 0.5 <500
417.0 417.5 0.5 <500 – 800
418.0 418.5 0.5 <500
436.5 437.0 0.5 <500
437.0 437.5 0.5 <500 – 800
437.5 438.0 0.5 <500 – 660
438.0 438.5 0.5 <500 – 740
439.5 440.0 0.5 <500
440.5 441.0 0.5 <500 – 740
441.0 441.5 0.5 620 – 1400
441.5 442.0 0.5 520 – 1600
442.0 442.5 0.5 <500 – 780
446.5 447.0 0.5 <500
452.5 453.0 0.5 <500 – 640
453.0 454.5 1.5 <500
454.5 455.0 0.5 <500 – 690
455.0 455.5 0.5 <500

 

  • All depths and intervals are meters downhole, true thicknesses are yet to be determined.
  • “Off-scale” refers to >61,000 cps (counts per second) readings by gamma spectrometer type RS-125.
  • “Anomalous” means >500 cps readings by gamma spectrometer type RS-120.
  • Where “CPS Range” is <500 cps, this refers to local low radioactivity within the overall interval.
  • Unconformity of ‘N/A’ denotes a lack of visible contact between Athabasca sandstone and basement rock.
  • Maximum internal dilution 2.0 m downhole.
  • All depths and intervals are meters downhole, true thicknesses are yet to be determined. Resource modelling in conjunction with an updated mineral resource estimate is required before true thicknesses can be determined.

About NexGen

NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company’s flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational, long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world.

NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol “NXE,” and on the Australian Securities Exchange under the ticker symbol “NXG,” providing access to global investors to participate in NexGen’s mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan.

Contact Information

Leigh Curyer
Chief Executive Officer

NexGen Energy Ltd.
+1 604 428 4112
lcuryer@nxe-energy.ca
www.nexgenenergy.ca

Travis McPherson
Chief Commercial Officer
NexGen Energy Ltd.
+1 604 428 4112
tmcpherson@nxe-energy.ca
www.nexgenenergy.ca

Monica Kras
Vice President, Corporate Development
NexGen Energy Ltd.
+44 7307 191933
mkras@nxe-energy.ca
www.nexgenenergy.ca

Technical Disclosure*

All technical information in this news release has been reviewed and approved by Jason Craven, NexGen’s Vice President, Exploration, a qualified person under National Instrument 43-101.

Natural gamma radiation in drill core reported in this news release was measured in counts per second (cps) using a Radiation Solutions Inc. RS-125 gamma spectrometer. The reader is cautioned that total count gamma readings may not be directly or uniformly related to uranium grades of the rock sample measured; they should be used only as a preliminary indication of the presence of radioactive minerals.

A technical report in respect of the FS is filed on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov/edgar.shtml) and is available for review on NexGen Energy’s website (www.nexgenenergy.ca).

Cautionary Note to U.S. Investors

This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission (“SEC”) set by the SEC’s rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.

Forward-Looking Information

The information contained herein contains “forward-looking statements” within the meaning of applicable United States securities laws and regulations and “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof. Statements relating to “mineral resources” are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future.

Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen’s business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen’s planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company’s title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen’s Annual Information Form dated March 6, 2024 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen’s 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR+ at www.sedarplus.ca and Edgar at www.sec.gov.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty thereof.

There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

Source: https://www.newsfilecorp.com/release/293775/NexGen-Announces-Expansion-of-HighGrade-Zone-at-Patterson-Corridor-East-PCE-and-the-Completion-of-2026-Winter-Drill-Program

Tags: $NXE$NXGNexGen Energy Ltd.
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McEwen Mining: Grey Fox Delivers Strong Gold Intercepts

McEwen Mining: Grey Fox Delivers Strong Gold Intercepts

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Lions Bay Capital Provides Clarification Regarding Its Relationship with Lions Bay Resources

April 22, 2026

Ramp Metals Drills 0.80% Cu, 17.01 g/t Ag, 0.73% Zn over 21m in Rush-011

April 22, 2026

Red Metal Completes LiDAR Analysis and Identifies New Exploration Targets

April 22, 2026

Cambria Gold Mines Announces Expansion of Claim Package at the Mt. Margaret Copper and Gold Porphyry Deposit and Intention to Spin Out the Asset into a New US Focused Company

April 22, 2026
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