NexGen publishes corporate presentation highlighting Rook I uranium project construction progress
Reuters2026/08/08 14:42- NexGen outlined construction progress at its Rook I uranium project in Saskatchewan, positioning it as a major new source of uranium supply.
- Federal authorization to build was granted on March 5, 2026; construction began in June 2026.
- Rook I is designed for conventional underground hard-rock mining; output could reach 30 million lbs of U3O8 annually with expansion.
- The Arrow deposit hosts probable reserves of 239.6 million lbs at 2.37% U3O8; measured and indicated resources total 256.7 million lbs.
- Sales commitments total 11.7 million lbs, using market-related pricing mechanisms at delivery from commercial production.
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