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***NexGen Energy (TSX: NXE)*** has continued to see strong success at their Patterson Corridor East project in Saskatchewan’s Athabasca Basin. The company this morning revealed they have wrapped up their 2025 exploration program, while announcing the commencement of their 2026 field program.
The 2025 exploration program at PCE managed to expand the extent of known mineralization. The primary high grade subdomain is now said to span 412 metres of vertical extent, which represents an expansion of 77 metres, while the strength length measures 210 metres.
At the same time, a secondary high grade subdomain is said to be under development, with hole RK-25-257 hitting off-scale mineralization (over 61,000 cps) at the base of the mineralized footprint, 850 metres below surface, suggesting expansion potential exists at depth.
The mineralized footprint at PCE is now said to cover 620 metres of strike length and 700 metres of vertical extent, with those figures representing an increase of 20 metres and 100 metres, respectively. The deposit meanwhile remains open in most directions, with step out drilling suggesting opportunities exist for further expansion.
Drilling in 2025 totaled 35,366.2 metres, which was the largest program undertaken in the Basin this year by any explorer. The program is said to have had a ‘dual focus’ approach, with NexGen aiming to both grow and define multiple high grade subdomains under the 2025 program, while working to expand the overall footprint of mineralization.
Overall drilling at PCE now totals 69,042.2 metres across 102 drillholes, with 67 of those holes said to have intersected mineralization, including 45 holes that encountered high grade (>10,000 cps), and 17 holes that encountered off-scale (>61,000 cps) mineralization.
Exploration in 2026 meanwhile is set to consist of 42,000 metres of drilling, with exploration under that program already underway. The program represents the largest program to be conducted at PCE to date, and intends to build on the success seen in 2025.
Drilling will focus on growing high-grade mineralization, and the expansion of the mineralized footprint. Eight holes are also planned to test on 200 metre intervals for the repetition of basement hosted mineralization 600 metres to the southeast of PCE.
Outside of PCE, NexGen is also planning an inaugural 3,500 metre program at the SW3 property, which aims to advance high priority targets. The land package is found 20 kilometres to the southeast of the land package that hosts the Rook I deposit, referred to as SW2.
“We are extremely pleased with the 2025 outcomes from the 2025 drill program at PCE that delivered on our dual-purpose objectives of expanding the overall mineralized footprint and expand the high-grade subdomain within it. These results systematically outline mineralization that continues to deliver growth and strong continuity, characteristics synonymous with Arrow deposit 3.5 km west. The 2025 drill program has rapidly advanced this new discovery, while underscoring the tremendous prospectivity of NexGen’s 100% owned dominant land holdings which is driving the expanded activity in 2026,” commented Leigh Curyer, CEO of NexGen Energy.
NexGen Energy last traded at $16.16 on the TSX.