Corporate Presentation

1. Arrow: A Rapidly Growing Uranium Discovery | December, 2014

2. Disclaimer
Information Contained In This Presentation
This presentation is a summary description of NexGen Energy Ltd. (“NexGen” or the
“Company”) and its business and does not purport to be complete. This presentation is
not, and in no circumstances is it to be construed as, a prospectus, an advertisement, or
a public offering of securities. No securities regulatory authority or similar authority has
reviewed or in any way passed upon the document or the merits of the Company’s
securities and any representation to the contrary is an offence.
Except where otherwise indicated, the information contained in this presentation has
been prepared by NexGen and there is no representation or warranty by NexGen or any
other person as to the accuracy or completeness of the information set forth herein. This
presentation includes information on adjacent properties that was obtained from various
publicly available sources referred to herein and the accuracy and completeness of such
information has not been verified by NexGen. Except as otherwise stated, information
included in this presentation is given as of the date hereof. Neither the delivery of this
presentation nor any sale made under the terms described herein shall imply that the
information herein is correct as of any date after the date hereof.
All dollar amounts referenced herein, unless otherwise indicated, are expressed in
Canadian dollars.
Cautionary Note Regarding Forward-looking Information
Statements contained in this presentation that are not current or historical factual
statements may constitute “forward-looking information” within the meaning of applicable
securities laws including statements with respect to the properties, a concurrent
financing, our plans for exploration and development of our properties and our financial
condition, operations and prospects. The forward-looking information reflects current
expectations regarding future results, performance or achievements and speaks only as
of the date of this presentation. When used in this presentation, forward-looking
information can be identified by such words as “may”, “will”, “expect”, “believe”, “plan”,
“project”, “anticipate”, “intend”, “estimate” and other similar terminology. Such forward-
looking information involves known and unknown risks, uncertainties and other factors
that may cause the actual results, performance or achievements of the Company to be
materially different from any future results, performance or achievements expressed in or
implied by such information. Such risks, uncertainties and other factors include, but are
not limited in any manner to those risks set forth in this presentation under the heading
“Risk Factors”, including, the risk that no mineralization will be identified on the Radio
and Rook I properties; the Company’s dependence on third party financing; the
Company’s limited operating history; risks inherent in exploration activities;
environmental and safety risks including increased regulatory burdens; unexpected
geological or hydrological conditions; a possible deterioration in political support for
nuclear energy; changes in government regulations and policies, including trade laws
and policies; demand for nuclear power; failure to obtain necessary permits and
approvals from government authorities; weather and other natural phenomena; and other
exploration, development, operating, financial market and regulatory risks. The
foregoing list of factors is not exhaustive.
The forward-looking information contained in this presentation requires management to
make certain assumptions including with respect to the financing and its ability to
successfully develop its properties. Although management of the Company believes that
the assumptions underlying, and the expectations reflected in, the forward-looking
information are reasonable, significant risks and uncertainties are involved in such
information. Management can give no assurances that its assumptions, estimates and
expectations will prove to have been correct. Forward-looking information should not be
read as guarantees of future performance or results, and will not necessarily be accurate
indications of whether or not or the times at or by which such performance or results will
be achieved. Many factors that are beyond the Company’s control could cause actual
results to differ materially from the results discussed in the forward-looking statements.
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3. Uranium Market
- 70 reactors currently under construction
- Another 150-200 in planning
- China nuclear capacity currently 18GW increasing to 46GW by
2019. China Climate Pledge Needs 1,000 Nuclear Plant Effort, Bloomberg 21 Nov 2014
- Japan: National Regulatory Authority approved the restart of 2
reactors, application for 20 of 48 in review
- 90% of current production under significant
technical and/or sovereign risk
- Spot Price uranium up ~50% since Sept 2014 Kyushu Electric's Sendai nuclear power plant could
restart in late 2014 or early 2015. Courtesy: Japan
Times
Two Westinghouse AP1000 reactors are currently under
construction at the Sanmen Nuclear Power Station in eastern
Zhejiang Province, China. Courtesy: Westinghouse
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4. Board, Executive & Technical Team
Board & Executive
Chris McFadden
Chairman
Leigh Curyer
Chief Executive Officer
Grace Marosits
Chief Financial Officer
Richard Patricio
Director
Trevor Thiele
Director
Craig Parry
Director
Gerry Feldman
Director
James Currie
Director
Strong team with a
successful track record in
uranium exploration.
Technical Team
Garrett Ainsworth
VP Exploration & Development
James Sykes
Senior Geologist
Jenn Kocay
Exploration Geologist
Technical Advisory
Committee
Andrew Browne
former VP Exploration & Development
Craig Parry
Director
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5. Project Overview
Project Overview
Focus High tonnage, high grade, technically superior assets in shallow sections of the
Athabasca Basin
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6. South West Athabasca Basin
NexGen owns the most dominant land package in this section of the Basin
Portfolio Characteristics
- Straddles the Basin
boundary and shallow
sections inside the Basin
- Hosts the land based Arrow
discovery at Rook I
- Hosts all known uranium
bearing conductor
corridors
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7. Arrow Discovery
Rook I Project location & Conductor Corridors
Arrow Discovery
- Discovered February
2014,
- Land based located
inside the Basin
boundary
- 30 from 32 holes
drilled to date
intersected multiple
high grade uranium
mineralisation
- AR-14-30 ranked as
one of the best holes
in the Athabasca
Basin
Rook I hosts all the known uranium bearing
conductor corridors in the region
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8. Arrow Target Conductor break coincident with gravity low.
Discovered on first drill hole AR-14-1 (formerly RK-14-21)
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9. Arrow Seriesofstacked parallelsub-vertical mineralizedshear zones
Characteristics
30 of 32 holes drilled to
date intersected high
grade uranium
mineralization
90% of holes drilled are
angled across wide
step outs,
Area of mineralization,
Length x width
- 515m x 215m,
Depth
- 100m to 730m,
Open in all directions along a 7km
conductor corridor
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10. Arrow AR-14-30 cross section
Ranks as one of
the best drill holes
in the Athabasca
Basin
Very high grade
continuous over
large intercepts
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11. AR-14-30 Core
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12. Arrow Discovery / Eagle Point Deposit Analogy
65 million lbs produced, 20 million lbs reserve, within >200 million lb district
- Eagle Point Uranium deposits are located on the eastern edge of the Athabasca Basin, and are part of the Rabbit Lake Uranium district, which also
includes the Rabbit Lake and Collins Bay deposits.
- The Rabbit Lake Uranium District has produced more than 190 million pounds of uranium concentrates since production began in 1975
(www.cameco.com/business/uranium-operations/canada/rabbit-lake).
- In 1987, a historical (non 43-101 compliant) “total ore reserve” for the Eagle Point deposits comprised approximately 140 Million pounds (64,000
tonnes) at an average grade of about 2.0% U3O8 (Eldorado Resources Limited. 1987. The Eagle Point Uranium Deposits. Saskatchewan
Geological Society. Economic Minerals of Saskatchewan. Pg. 78-98).
- Production commenced in 1994 and is in production today.
The Arrow zone is located just inside the present day Athabasca Basin where no drill testing has
occurred within 4 km along strike to the northeast within the Athabasca Basin, and within 3 km along
strike to the southwest outside of the Athabasca Basin.
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13. Dravite Breccia –Arrow, McArthur River
Arrow: AR-14-15 422.25m Dravite associated (or proximal) to mineralization
Dravite-Chlorite-filled Breccias,
Direct Association with Mineralization – McArthur River Deposits and BJ Zone
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14. Rook I – West, 12 Target Areas
Patterson Lake
South
Arrow
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15. Eastern Athabasca Basin Portfolio
High quality portfolio
- Radio located directly adjacent to
and long strike of Roughrider, Rio
Tinto acquired for $654M in
February 2012
Thorburn Lake (9 of 15 drill holes
have intersected uranium
mineralization)
Madison and 2Z Lake projects
contain shallow (<100m thick)
sandstone-hosted uranium
mineralisation, and is along strike
from U-mineralized conductors. The
mineralized structures and
conductors within 2Z have not been
adequately explored, and represent
good potential for discovery of new
basement-hosted uranium
deposits.
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16. Share Structure
As of November 30, 2014
Shares Issued & Outstanding 195,758,542
Warrants ($0.40 - $0.65) 39,505,472
Options ($0.30 - $0.425) 13,485,637
Fully Diluted 248,749,651
Cash *on closing of $10M bought deal led by Cormark on Nov 11, 2014 $15M
Ownership
Tigers Realm Minerals & Associates
Mega Uranium
Radio Optionors (collectively)
~17%
~15%
~25%
TSX-V:
NXE
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17. Arrow Summary
- 30 of 32 holes drilled intercepted mineralization,
- Area of mineralization 515 m x 215m, vertical extent commencing
from 100m down to 730m,
- AR-14-30 one of the best holes in Athabasca Basin history, grade
thickness of 909 including a continuous 46m @ 10.32% U3O8,
- 16 remaining assays pending from summer 2014 program,
- Well financed $15M,
- Geophysical surveys being conducted November / December
2014
- 18,000 meter program commencing January 2015.
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18. Contact
Investor Relations
604-684-6730 | 1-866-684-6730
NXE@kincommunications.com
Head Office
2450 – 650 W. Georgia Street
Vancouver, BC V6B 4N9
604-428-4112
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