NexGen Energy

NexGen Energy Ltd. is a Canadian-based uranium exploration and development company poised to become a significant supplier in the global uranium market. Incorporated on March 8, 2011, in Vancouver, British Columbia, the company was founded by Leigh R. Curyer, who currently serves as the President and Chief Executive Officer. Curyer, a chartered accountant with over two decades of experience in the resources sector, previously held senior roles at Southern Cross Resources (now Uranium One) and Accord Nuclear Resource Management, where he assessed uranium projects globally. His extensive background in the uranium industry, spanning project assessment, development, and financing across multiple continents, has been instrumental in guiding NexGen's strategic direction.

The company's primary focus is the acquisition, exploration, and development of uranium properties in Canada, particularly within the Athabasca Basin in Saskatchewan, a premier jurisdiction for mining. NexGen's business model is centered on advancing its flagship Rook I Project towards production. As a development-stage company, it does not currently generate revenue from operations, relying instead on financing activities to fund its exploration and development. A pivotal moment in the company's history was the discovery of the Arrow Deposit on February 14, 2014, a high-grade, basement-hosted uranium resource that fundamentally altered NexGen's prospects. This discovery has since established the Rook I Project as the largest development-stage uranium project in Canada.

The Rook I Project is designed to be an underground mine and surface mill capable of producing up to 30 million pounds of uranium per year, positioning it to potentially supply a significant portion of the western world's uranium demand from a single operation. The project is centered around the Arrow Deposit and includes plans for an underground tailings management facility, a feature that underscores the company's commitment to environmental performance. NexGen has received Provincial Environmental Assessment approval and has successfully completed the federal technical review, with final commission hearings scheduled for late 2025 and early 2026. The company's clients are expected to be nuclear power utilities, with a focus on securing long-term supply agreements. NexGen has already announced offtake agreements with major U.S. utilities. The company holds a 100% interest in its extensive portfolio of properties in the southwest Athabasca Basin, including the Rook I, SW1, and SW3 projects, after acquiring a remaining interest from Rio Tinto Exploration Canada Inc.

Keywords: uranium exploration, uranium development, Athabasca Basin, Rook I Project, Arrow Deposit, Leigh Curyer, Canadian mining, nuclear energy fuel, uranium supply, resource development, mining exploration, clean energy, Saskatchewan mining, environmental assessment, feasibility study, uranium assets, mineral exploration, energy resources, nuclear fuel cycle, project financing