Overview

NexGen was founded in 2010 by Leigh Curyer and group of proven uranium industry professionals who shared in the belief that uranium would play a critical role in the delivery of a clean energy future for the planet. Focused on the acquisition, exploration and development of Canadian uranium projects, they set out to find a Tier One Asset in the southwestern Athabasca Basin. On February 14, 2014, NexGen discovered Arrow - the largest, highest grade ‘to-be-developed’ uranium deposit in Canada. Subsequently, multiple new high-grade uranium discoveries have been made on NexGen's properties.

Projects

With a strong portfolio considered to be the among the most prospective uranium properties known, NexGen has the most significant land position in Saskatchewan’s southwest Athabasca Basin, where it holds 199,576 hectares.

NexGen employee closely inspecting uranium ore

The vast land package held by NexGen along the south western boundary of the Athabasca Basin in northern Saskatchewan, at SW1, SW2 (home of Arrow at the Rook I Project) and SW 3, is considered by industry experts to be the pre-eminent uranium exploration area globally for high-grade, high-tonnage mineralization. This is a function of the world-class high-grade and high-tonnage mineralization discovered to date, and based on the results of extensive geophysical surveys conducted during the past 10 years identifying numerous targets undrilled anomalies consistent with known mineralization.

Arrow is a 100% land-based, basement-hosted, and high-grade uranium discovery which is the largest development-stage uranium deposit in Canada. Additionally, the Company made the "South Arrow" discovery (July 2017), the “Harpoon” discovery (August 2016), the "Bow" discovery (March 2015) and the Cannon discovery (April 2016) 400 m, 4.7 km, 3.7 km and 1.3 km away from Arrow, respectively. Harpoon is the most significant mineralized area discovered since the discovery of Arrow. The company remains well-funded to continue through advanced engineering in support of mine and mill construction at the Arrow Deposit, and for further exploration drilling on the Rook I property.