Since the acquisition of the SW3 Property (the “Property”) in 2012, NexGen has systematically advanced understanding and developed drill targets through numerous geophysical surveys, including:

  • Radiometric and VLF-EM (2013)
  • VTEM (2014 and 2016)
  • Airborne Gravity (2015 and 2016)
  • ZTEM (2016 and 2018)
  • HeliSAM (2018)
  • HeliSAM (2018)
  • HeliTEM (2019)

The geophysical surveys have defined conductive corridors with gravity anomalies coincident with breaks in the conductors. Several of the conductors lie parallel or proximal to the Dufferin Lake Fault, a known mineralized system that hosts Cameco’s Centennial Deposit. The geophysical signatures on the property, and interpreted structural kinematics of the Virgin River Shear Zone and Dufferin Lake Fault, have highlighted an abundance of prospective areas for uranium mineralization.




Southwest Athabasca Basin

The SW3 Property (the “Property”) is a group of contiguous land claims totalling 40,178 hectares, located in the southwest Athabasca Basin, Saskatchewan. The property is situated along the Virgin River Shear Zone and Dufferin Lake Fault System.