Business
NexGen Energy Announces Completion of Provincial Environmental Assessment Technical Review and Submission of Final Environmental Impact Statement
VANCOUVER, BC, Aug. 21, 2023 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce a major milestone i
About this update from Nexgen Energy Ltd.
[{"type":"text","content":" VANCOUVER, BC, Aug. 21, 2023 /CNW/ - NexGen Energy Ltd. (\"NexGen\" or the \"Company\") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce a major milestone in the advancement of regulatory approvals for the 100% owned Rook I Project (\"Rook I\" or the \"Project\") with the completion of the Provincial Environmental Assessment (\"EA\") technical review process and submission of the Final Provincial Environmental Impact Statement (\"EIS\") to the Saskatchewan Ministry of Environment (\"ENV\"). The Project, located in the uranium-rich district of Saskatchewan's southwestern Athabasca Basin, includes underground and surface facilities to support the mining and processing of uranium ore from the Arrow Deposit. The ENV have confirmed completion of their conformity review of the revised EIS submitted by NexGen on July 5, 2023, and the planned advancement of the Provincial EA to the public review stage. Leigh Curyer, Chief Executive Officer commented: \"The submission of the Final Provincial EIS to the Saskatchewan Ministry of Environment is a significant step in the regulatory advancement of the Rook I Project. It marks the completion of a robust and thorough Provincial technical review process, and incorporates the diverse perspectives of multiple Provincial agencies and stakeholders with deep experience in uranium mining. We are incredibly proud of the contribution and partnership of all four local Indigenous communities in the local project area whom, through industry-leading Benefit Agreements, have all confirmed their formal and legal consent for the Company and Project throughout its entire lifespan. In parallel to today's exciting milestone, we focus on the successful completion of the Federal EA and licensing process working diligently on delivering generational benefits to Saskatchewan and Canada to secure the clean energy transition for the globe.\" Provincial EA Next Steps The next step under the Provincial EA process is the conduct of a 30-day Provincial public review. The ENV has commenced preparing the materials required for Provincial public review scheduled to commence on or prior to September 2, 2023. Subsequent to completion of this 30-day public review period, ENV staff will compile the requisite EA materials and prepare a recommendation to the Saskatchewan Minister of Environment, who will then render a Mini...