Canadian regulator OKs NexGen draft EIS to proceed to technical review

Jul. 15, 2022 7:45 AM ETNexGen Energy Ltd. (NXE), NXE:CABy: Carl Surran, SA News Editor


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NexGen Energy (NYSE:NXE) +1.9% pre-market after saying on Friday that the Canadian Nuclear Safety Commission accepted the draft environmental impact statement the company submitted in June for its Rook I project in Saskatchewan.

Rook I hosts the Arrow Deposit that hosts Measured Mineral Resources of 209.6M lbs of U3O8 contained in 2.18M metric tons grading 4.35% U3O8.

"The CNSC's acceptance of the Rook I project's draft EIS is a significant step, transitioning the project into the federal EIS technical and public review phase," NexGen (NXE) CEO Leigh Curyer said.

NexGen Energy (NXE) was uplisted earlier this year to the New York Stock Exchange.

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