Since the acquisition by NexGen of the SW1 property (the “Property”) in 2012, NexGen has systematically
developed it through testing with numerous studies and geophysical surveys.
The resulting geophysical signature on the Property, particularly the Gartner Corridor (“GC”), displays strong
similarities to the Patterson Corridor (Figure 1) that hosts Arrow, the largest development-stage uranium
deposit in Canada. Those similar characteristics include a strong conductive signature with numerous offsets
coincident with discrete gravity lows and steep magnetic gradients (Figure 2). Analysis of historic drilling has
also revealed prospective structure and alteration that coincides with highly favourable geophysical properties
for potential uranium mineralization.
NexGen conducted its maiden drill program on the property in 2019 and resumed drill testing on high priority
targets in 2023.
Figure 1: SW1 and SW2 properties with similar geophysical signatures