Connection

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.

Partagez:

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.

  • Populaires ​
Minéraux Stratégiques Abitibi opens talks for biomass project in Amos
US ethane imports to China set to hit record after Trump-Xi call
European gas storage reserves down 30% ahead of winter
Mexico targets up to $9bn in private investment for renewable energy
Bernard Fontana Launches 30% Cost Reduction Plan at EDF
Rosatom claims USD 2.9 billion from Finland’s Fortum and Outokumpu
The Moscow Arbitration Court postpones by nine months the trial initiated by Rosatom against Fortum and Outokumpu, seeking nearly three billion dollars following the controversial cancellation of a nuclear project in Finland.
en_1140290995540
Rosatom claims USD 2.9 billion from Finland’s Fortum and Outokumpu
The Moscow Arbitration Court postpones by nine months the trial initiated by Rosatom against Fortum and Outokumpu, seeking nearly three billion dollars following the controversial cancellation of a nuclear project in Finland.
en_1140290995540
Newcleo enters UK nuclear assessment with lead-cooled modular reactor
The UK regulator has accepted to examine Newcleo’s advanced LFR-AS-200 reactor, marking a first for a modular lead-cooled technology in the country.
en_1140290997540-1
Newcleo enters UK nuclear assessment with lead-cooled modular reactor
The UK regulator has accepted to examine Newcleo’s advanced LFR-AS-200 reactor, marking a first for a modular lead-cooled technology in the country.
en_1140290997540-1
Framatome acquires 40% of Selectarc to secure strategic metal supply
Framatome strengthens its control over the nuclear supply chain by acquiring a 40% stake in Selectarc, France’s sole producer of welding filler metals.
en_1140290944540_se
Framatome acquires 40% of Selectarc to secure strategic metal supply
Framatome strengthens its control over the nuclear supply chain by acquiring a 40% stake in Selectarc, France’s sole producer of welding filler metals.
en_1140290944540_se
Rolls-Royce SMR selected to develop UK’s first modular nuclear reactors
The UK government has selected Rolls-Royce SMR to lead the deployment of small modular reactors, aiming to secure 24 GW of nuclear capacity by 2050.
en_1140290955540
Rolls-Royce SMR selected to develop UK’s first modular nuclear reactors
The UK government has selected Rolls-Royce SMR to lead the deployment of small modular reactors, aiming to secure 24 GW of nuclear capacity by 2050.
en_1140290955540
Orano launches Project IKE with Oak Ridge office to enrich uranium in the United States
Orano USA has opened a new office in Oak Ridge, Tennessee, to lead the development of a uranium enrichment facility, marking one of the largest industrial investments in the state’s history.
en_1140290946540
Orano launches Project IKE with Oak Ridge office to enrich uranium in the United States
Orano USA has opened a new office in Oak Ridge, Tennessee, to lead the development of a uranium enrichment facility, marking one of the largest industrial investments in the state’s history.
en_1140290946540
AtkinsRéalis and EDF strengthen cooperation to accelerate global nuclear projects
AtkinsRéalis and EDF signed a strategic agreement to integrate their expertise in nuclear engineering, equipment and waste management, while preserving each country’s technological sovereignty.
en_1140290948540
AtkinsRéalis and EDF strengthen cooperation to accelerate global nuclear projects
AtkinsRéalis and EDF signed a strategic agreement to integrate their expertise in nuclear engineering, equipment and waste management, while preserving each country’s technological sovereignty.
en_1140290948540
UK Unlocks £14 Billion for Sizewell C Nuclear Power Station
The British government officially commits £14.2 billion to develop two EPR nuclear reactors in eastern England, in strategic partnership with the French group EDF, with a final investment decision expected shortly.
en_11401273540
UK Unlocks £14 Billion for Sizewell C Nuclear Power Station
The British government officially commits £14.2 billion to develop two EPR nuclear reactors in eastern England, in strategic partnership with the French group EDF, with a final investment decision expected shortly.
en_11401273540
Iran accused of illegally obtaining IAEA internal documents
The International Atomic Energy Agency confirmed that confidential documents were acquired by Iran, raising concerns about the country’s cooperation with the agency.
en_1140290947540
Iran accused of illegally obtaining IAEA internal documents
The International Atomic Energy Agency confirmed that confidential documents were acquired by Iran, raising concerns about the country’s cooperation with the agency.
en_1140290947540
Japan allows nuclear power plants to operate beyond 60 years
A new law extends the operational lifespan of nuclear reactors in Japan, enabling them to run past 60 years to meet rising energy demand and reduce reliance on fossil fuels.
en_1140999928540
Japan allows nuclear power plants to operate beyond 60 years
A new law extends the operational lifespan of nuclear reactors in Japan, enabling them to run past 60 years to meet rising energy demand and reduce reliance on fossil fuels.
en_1140999928540
Westinghouse Launches Ambitious $75 Billion Plan for 10 Nuclear Reactors
Westinghouse plans to invest $75 billion in ten nuclear reactors in the United States, responding to a presidential order aimed at significantly accelerating the expansion of nuclear energy in the country by 2030.
Westinghouse Saskatchewan reactor technology
Westinghouse Launches Ambitious $75 Billion Plan for 10 Nuclear Reactors
Westinghouse plans to invest $75 billion in ten nuclear reactors in the United States, responding to a presidential order aimed at significantly accelerating the expansion of nuclear energy in the country by 2030.
Westinghouse Saskatchewan reactor technology
Washington suspends shipments of nuclear equipment to China
The United States blocks export licenses for nuclear equipment to China, amplifying bilateral trade tensions already marked by strategic technology restrictions and possible retaliatory measures.
en_1140290951540
Washington suspends shipments of nuclear equipment to China
The United States blocks export licenses for nuclear equipment to China, amplifying bilateral trade tensions already marked by strategic technology restrictions and possible retaliatory measures.
en_1140290951540
Moscow seeks IAEA assistance to resolve nuclear dispute with Washington
Russia requests IAEA intervention to resolve the deadlock involving American nuclear fuel at the Zaporizhzhia nuclear plant, a critical issue for the potential restart of the site currently under Russian control.
en_1140290957540
Moscow seeks IAEA assistance to resolve nuclear dispute with Washington
Russia requests IAEA intervention to resolve the deadlock involving American nuclear fuel at the Zaporizhzhia nuclear plant, a critical issue for the potential restart of the site currently under Russian control.
en_1140290957540
NANO Nuclear strengthens its board with former U.S. Department of Energy official
NANO Nuclear Energy has appointed Intel executive and former U.S. Department of Energy leader Seth Berl as an independent director to support its strategy in advanced nuclear technologies.
Microreacteur-portable-ZEUS-NANO-Nuclear-768x364
NANO Nuclear strengthens its board with former U.S. Department of Energy official
NANO Nuclear Energy has appointed Intel executive and former U.S. Department of Energy leader Seth Berl as an independent director to support its strategy in advanced nuclear technologies.
Microreacteur-portable-ZEUS-NANO-Nuclear-768x364
France: the Cour des comptes urges action on the management of 280,000 m³ of nuclear waste
The Cour des comptes is calling on the French government to speed up efforts to locate storage sites for over 280,000 m³ of long-lived radioactive waste, which currently lacks an operational solution.
en_1140290963540-2
France: the Cour des comptes urges action on the management of 280,000 m³ of nuclear waste
The Cour des comptes is calling on the French government to speed up efforts to locate storage sites for over 280,000 m³ of long-lived radioactive waste, which currently lacks an operational solution.
en_1140290963540-2
France: Nuclear revival rejected after amendment error
The French National Assembly’s Economic Affairs Committee mistakenly rejects a crucial article on France's nuclear strategy, causing significant parliamentary confusion and casting doubt on the country’s energy targets.
en_1140290957540-4
France: Nuclear revival rejected after amendment error
The French National Assembly’s Economic Affairs Committee mistakenly rejects a crucial article on France's nuclear strategy, causing significant parliamentary confusion and casting doubt on the country’s energy targets.
en_1140290957540-4
Czech court approves $18 billion nuclear contract with KHNP
Czech court authorizes major $18 billion nuclear project, allowing Korea Hydro & Nuclear Power to proceed with the construction of a controversial power plant despite legal challenges.
en_1140290962540-3
Czech court approves $18 billion nuclear contract with KHNP
Czech court authorizes major $18 billion nuclear project, allowing Korea Hydro & Nuclear Power to proceed with the construction of a controversial power plant despite legal challenges.
en_1140290962540-3
Ansaldo Energia signs strategic nuclear agreement with Uzbekistan
Italy’s Ansaldo Energia signed a memorandum of understanding with Uzbekistan’s Uzatom agency to cooperate on advanced nuclear technologies, with a focus on small modular reactors.
en_1140290957540-3
Ansaldo Energia signs strategic nuclear agreement with Uzbekistan
Italy’s Ansaldo Energia signed a memorandum of understanding with Uzbekistan’s Uzatom agency to cooperate on advanced nuclear technologies, with a focus on small modular reactors.
en_1140290957540-3
NuScale receives US approval for 77 MWe modular reactor design
The US Nuclear Regulatory Commission has approved the uprated version of NuScale’s small modular reactor, paving the way for commercial deployment of compact nuclear projects in the United States.
en_1140290945540-2
NuScale receives US approval for 77 MWe modular reactor design
The US Nuclear Regulatory Commission has approved the uprated version of NuScale’s small modular reactor, paving the way for commercial deployment of compact nuclear projects in the United States.
en_1140290945540-2
South Korea begins site evaluation for Uganda’s first nuclear reactor
Korea Hydro & Nuclear Power signed a 26-month contract to assess a site in Uganda’s Buyende region for its first nuclear reactor, in compliance with International Atomic Energy Agency standards.
en_1140290954540-2
South Korea begins site evaluation for Uganda’s first nuclear reactor
Korea Hydro & Nuclear Power signed a 26-month contract to assess a site in Uganda’s Buyende region for its first nuclear reactor, in compliance with International Atomic Energy Agency standards.
en_1140290954540-2
EDF blocks Czech nuclear contract with KHNP on legal grounds
EDF is challenging the legality of the nuclear contract awarded to KHNP, citing potential South Korean state support in violation of EU rules, leading to a temporary suspension of the Dukovany II project.
en_1140290957540-2
EDF blocks Czech nuclear contract with KHNP on legal grounds
EDF is challenging the legality of the nuclear contract awarded to KHNP, citing potential South Korean state support in violation of EU rules, leading to a temporary suspension of the Dukovany II project.
en_1140290957540-2

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS