NexGen Announces Provincial Approval and Commencement of 2023 Site Infrastructure and Confirmation Program: Enhancing Safety and Creating Jobs for Local Communities

About this update from Nexgen Energy Ltd.

NexGen Announces Provincial Approval and Commencement of 2023 Site Infrastructure and Confirmation Program: Enhancing Safety and Creating Jobs for Local Communities /* Style Definitions */ span.prnews_span { font-size:8pt; font-family:"Arial"; color:black; } a.prnews_a { color:blue; } li.prnews_li { font-size:8pt; font-family:"Arial"; color:black; } p.prnews_p { font-size:0.62em; font-family:"Arial"; color:black; margin:0in; } Canada NewsWire VANCOUVER, BC , May 11, 2023 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the Saskatchewan Ministry of Environment has approved the commencement of the 2023 Site Infrastructure and Confirmation Program ("SI&CP") at the Company's 100% owned, Rook I project (the "Project"), in the Athabasca Basin, Saskatchewan. The SI&CP comprises a comprehensive field program focused on infrastructure upgrades to support increased activity and continued engineering data confirmation for the Project. Consistent with all work conducted to date at the Project, maximizing local participation remains a key focus through the 2023 SI&CP, prioritizing employment and business opportunities for Indigenous and community members. The SI&CP will generate an increase in NexGen's on-site workforce by more than 60 full-time equivalent personnel, with the majority of the workforce including contractors and service providers representing the Local Priority Area. NexGen is budgeted to spend approximately $35M on SC&IP activities during 2023. Leigh Curyer, Chief Executive Officer, commented: "The commencement of the 2023 Site Infrastructure and Confirmation Program represents another exciting advancement for NexGen and the surrounding communities in Saskatchewan's Athabasca Basin. The work reflects NexGen's ongoing commitment to ensuring elite standards in Health, Safety, Environment, and Quality while expanding infrastructure to support long-term economic and social activity in the region. As the Company transitions into this next exciting phase of project execution, we are pleased to be building on the success of NexGen's 2022 geotechnical program as we confirm our understanding of the site conditions of the future production and exhaust shafts which will optimize Project development and shaft sinking activities." 2023 Site Infrastructur...

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