07:07 AM EST, 01/30/2025 (MT Newswires) -- NexGen Energy ( NXE ) on Thursday said it has commenced a 43,000-meter drill program to test the extents and growth of mineralization at Patterson Corridor East in the Arrow Deposit of Saskatchewan.

The initial results at PCE revealed vein-type uranium mineralization intersected within the competent basement rock, the company said.

Drilling in 2025 will further investigate high-grade zones within the broad mineralized footprint and determine potential for additional mineralization within the same target area.

"This highly prospective area continues to be the central focus of our exploration efforts given the clear potential demonstrated to date at PCE," said NexGen CEO Leigh Curyer. "This is a strategic focus to contribute sustainable supply to the growing demand for uranium to fuel the global energy needs."

NexGen's share price at last look gained 1.8% to US$6.84 in U.S. pre-market trading on Thursday.