SUBSCRIBE
PROFILE

NexGen Announces Record Uranium Discovery at Patterson Corridor East

NexGen Energy unveils exceptional assay results at the Patterson Corridor East site, with uranium intercepts among the highest concentrations globally, highlighting the growing economic relevance of this strategic area for the nuclear industry.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

SUBSCRIBE — 99 $ for the 1st year

Create a free account to read this article

*renews at 199$/year, cancel anytime before renewal.

NexGen Energy Ltd., a company specializing in uranium exploration, has released results from its latest drilling program at Patterson Corridor East (PCE), revealing intercepts among the richest ever recorded. Drill hole RK-25-232 highlighted a concentration of 15.9% U3O8 (uranium oxide) over 15 meters, including an outstanding peak of 68.8% over 0.5 meters. These results clearly position this deposit among the exceptionally high-grade uranium zones compared to current global standards. The announcement comes as the global nuclear industry seeks to secure its uranium supplies.

Continuity and Promising Prospects

Additionally, drill hole RK-24-222, located approximately 200 meters from the former, confirmed the geological continuity of the site with significant uranium concentrations, reporting 3.85% U3O8 over 17 meters. This discovery enhances geological understanding of the mineralized system at Patterson Corridor East, thus confirming the extent of its economic potential. To date, NexGen has conducted 64 drill holes totaling over 47,400 meters, of which 35 encountered mineralizations open in multiple directions, suggesting a potential not yet fully quantified.

A Favorable Strategic Context

These results come amid a global context marked by renewed nuclear projects, especially in the United States, where the federal government recently confirmed accelerated nuclear ambitions aiming to quadruple nuclear energy production by 2050. This dynamic underscores the strategic importance of deposits such as Patterson Corridor East, located only 3.5 km from NexGen’s flagship Rook I project, currently in the final stage of federal approval. Results obtained at PCE could notably influence future exploitation strategies in the Athabasca region.

Impact of Results on Future Exploration

Jason Craven, Vice President of Exploration at NexGen, emphasized that these results would significantly refine the site’s 3D geological models, thereby facilitating future drilling campaigns. He also noted that the mineralization observed at Patterson Corridor East shares technical similarities with the Arrow deposit, enhancing overall prospects of NexGen’s asset portfolio in this part of Athabasca. Consequently, NexGen plans to actively resume its drilling operations at the beginning of June 2025, with ongoing sample analysis campaigns throughout the year.

Confirmation of these exceptionally high uranium grades now places Patterson Corridor East at the center of attention for investors and industry players in the global nuclear sector, confronted with increasing raw material demand.

  • Popular on energynews.pro
The United States Sanctions Greek Shipper for Iranian Oil Trafficking
Metacon confirms partial delivery and receives EUR 14.9 million
Soluna crosses one gigawatt milestone with two new data centres in Texas
California launches public tender for hydrogen transportation services
Canadian Utilities secures AUC approval for Yellowhead gas pipeline project
Nano Nuclear partners with Dioxitek to strengthen Argentina’s nuclear supply chain
Nano Nuclear Energy has signed a memorandum of understanding with Dioxitek, Argentina’s only uranium supplier for nuclear fuel, to assess the development of local conversion and enrichment capacities.
Sweden lifts uranium mining ban to revive nuclear industry
Stockholm plans to restart uranium extraction by lifting the 2018 ban, aiming to secure strategic supply chains and support domestic nuclear electricity production.
CEA considers deploying a small Calogena nuclear reactor in Cadarache
The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
Guidehouse forecasts $8.1 billion revenues for modular reactors by 2034
A Guidehouse Research report anticipates strong growth in the global nuclear modular reactor market, with revenues rising from $375.8 million in 2025 to $8.1 billion in 2034.
Several South Korean groups back $50bn nuclear projects in the United States
KHNP, Doosan, POSCO and Samsung C&T join US partners to develop 5 GW of modular reactors, expand uranium enrichment and build an 11 GW energy complex in Texas.
Washington activates Defense Production Act to secure enriched uranium
The US Department of Energy is creating an industrial consortium to accelerate domestic enriched uranium production and reduce reliance on foreign imports ahead of the Russian supply ban in 2027.
One of the drones from last weekend’s Ukrainian attack struck the Kursk nuclear power plant
The kamikaze drone damaged an auxiliary transformer at the Kursk plant, halving the output of its only reactor in operation, according to Rosatom and the International Atomic Energy Agency.
EDF restarts Gravelines reactors after shutdown caused by jellyfish
The four production units at the Gravelines nuclear power plant, shut down in mid-August by a massive jellyfish incursion, are back online, restoring the site’s full capacity.
enCore Energy completes $115M convertible notes offering
enCore Energy Corp. has completed a $115 million fundraising through convertible notes maturing in 2030, strengthening its financial capacity for upcoming operations.
Vattenfall selects GE Vernova and Rolls-Royce for future nuclear reactors
Vattenfall advances its nuclear project in Sweden by selecting two modular reactor suppliers, GE Vernova and Rolls-Royce SMR, for a potential installation on the Värö Peninsula.
NANO Nuclear Advances to Final Round of US Army’s xTechSearch 9 Competition
NANO Nuclear Energy has been selected to compete in the final round of xTechSearch 9, a US Army initiative aimed at identifying high-potential dual-use technology solutions.
Aalo Atomics raises USD 100 million to launch its first nuclear power plant
Aalo Atomics completes Series B funding, bringing its total to USD 136 million, to build its first modular nuclear power plant dedicated to data centers.
Malaysia Launches Strategic Study on Civil Nuclear Potential
The Malaysian government initiates a national assessment on nuclear energy feasibility, targeting regions facing energy supply constraints and integrating international regulatory requirements.
Premier American Uranium finalizes the acquisition of Nuclear Fuels with Court approval
The merger between Premier American Uranium and Nuclear Fuels reaches a key milestone following final approval of the arrangement plan by the Supreme Court of British Columbia.
Google and Kairos Power to Build a 50 MW Nuclear Reactor in Tennessee
TVA, Google, and Kairos Power formalize an agreement to connect an advanced reactor to the grid, supporting data center energy growth and reinforcing the U.S. nuclear industry.
X-energy and the Pentagon Accelerate Nuclear Microreactor for National Security
The U.S. Department of Defense has signed an agreement with X-energy to develop a commercial nuclear microreactor intended to power sensitive military infrastructure.
NANO Nuclear Raises $209 Million and Accelerates Microreactor Deployment
With cash reserves multiplied sevenfold in nine months, NANO Nuclear intensifies development of its KRONOS MMR and positions itself in the Canadian and U.S. modular nuclear markets.
Equinix secures 20 Radiant microreactors and a nuclear deal in the Netherlands
Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.
Oklo selected for three pilot projects by U.S. Department of Energy
The U.S. Department of Energy selects Oklo and its subsidiary Atomic Alchemy for three pilot reactor projects aiming for criticality before July 2026.
Eleven US companies selected to fast-track small nuclear reactor testing
The United States Department of Energy has selected eleven companies to build experimental nuclear reactors by July 2026, under a programme aimed at meeting rising electricity demand.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.

SUBSCRIBE - €99