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.
21
3. Project Overview
Project Overview
Focus High-tonnage, high-grade, technically superior assets in shallow sections of the
Athabasca Basin
2
Portfolio Characteristics
- Straddles the Basin boundary and shallow sections inside the Basin,
- NexGen’s land package enables us to find basement hosted, unconformity hosted and sandstone hosted
mineralization,
- Hosts the land based Arrow discovery at Rook I,
4. Arrow Discovery
Rook I Project location & Conductor Corridors
- Most dominant land
position in the
southwest section of
the Athabasca Basin
- Arrow discovered
February 2014
- Land based discovery
located inside the
Basin boundary
Rook I hosts all the known uranium bearing
conductor corridors in the region
3
6. Arrow Today! 37 from 39 intersected
high grade uranium mineralization
5
Wide Step out: 90%
of holes drilled are
angled
Area of
mineralization:
Currently
Length x width
- 515 m x 215 m,
Depth
- 100 m to 820 m,
7. Arrow CurrentlyidentifiedtwoHighGradeShear ZonesA2&A3
6
Both high grade shears open in every direction
A2
- 81 meter strike length,
- location of AR-14-30,
one of the best drill holes
in Athabasca Basin
history
A3
- Discovered February
24, 2014,
- AR-15-39,
9.75m off scale (>10,000
to >61,000cps)
8. Expansion of A2 High Grade Shear Zone
AR-15-38 expands
the high grade
zone of AR-14-30
to 81 meters to the
southwest.
7
9. AR-14-30 Core
8
On a composite
grade x
thickness
basis, AR-14-30
ranks as the
third best hole
ever drilled in
the Athabasca
Basin
10. A3 High Grade Shear Zone
February 24, 2015
AR-15-39 discovers
new high grade zone in
A3 shear zone.
9.75 m Off-scale
>10,000 to >61,000cps.
9
11. The Eagle Point 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.
- Rabbit Lake is the longest operating uranium mine in North America and is also the second largest uranium mill in the world.
- 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).
- Production at Eagle Point commenced in 1994 and remains in production today.
The Arrow zone is located just inside the present day Athabasca Basin where previously 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.
10
12. 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
11
13. Rook I – Patterson Conductor Corridor
Arrow: multiple target zones (7kms)
Patterson Lake
South
12
Significant Radon Anomaly
discovered coincident with
conductor break
Open in all directions along a 7km
conductor corridor
14. Significant Radon Anomaly Discovered
480 m long by 20 to 150 m wide
radon in lake water anomaly has
been discovered 400 m northeast
along strike from the Arrow zone;
Radon values up to 10.4 pCi/L
are in the same range as the
radon values that led to the
discovery of the R390E R780E
zones at the adjacent PLS
property by the Alpha-Fission
joint venture (see news release
February 19th, 2013);
Location of this clustered
radon anomaly is optimally
situated where the southeast
dipping VTEM conductor is
projected to reach the
unconformity.
13
15. 14
Gravity – Fury Target Area
- Six high priority
targets based on
the same
geophysical
signature as Arrow
- Land based
- Depth to basement
ranges from 10 to
20 meters
- Drilling
commenced late
January 2015
16. 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.
15
17. Share Structure
As of March 1, 2015
Shares Issued & Outstanding 195,758,536
Warrants ($0.425 - $0.65) 23,911,666
Options ($0.30 - $0.46) 18,152,303
Fully Diluted 237,822,505
Cash ~$14M
Ownership
Tigers Realm Minerals & Associates
Mega Uranium
Radio Optionors (2 - individually)
~17%
~16%
~7%
TSX-V:
NXE
16
18. Executive, Board & Technical Team
Executive
Leigh Curyer
Chief Executive Officer
Garrett Ainsworth
VP Exploration & Development
Grace Marosits
Chief Financial Officer
Travis McPherson
Corporate Development Manager
Strong team with a
successful track record in
uranium exploration.
Technical Team
Garrett Ainsworth
VP Exploration & Development
Adam Engdahl
Project Manager - Saskatchewan
James Sykes
Senior Geologist
17
Board
Chris McFadden
Chairman
Richard Patricio
Trevor Thiele
Craig Parry
Gerry Feldman
James Currie
Directors
Technical Advisory
Andrew Browne
former VP Exploration & Development
Craig Parry
Director
19. Arrow Summary
- 37 of 39 holes drilled intercepted mineralization,
- Area of mineralization 515 m x 215 m, vertical extent
commencing from 100 m down to 820 m,
- Two High Grade Shear Zones A2 & A3,
- Expansion of A2 High Grade Zone to 81 m
- Well financed $14M,
- 18,000m drilling program at Arrow underway
- Large Radon Anomaly 400 m northeast of Arrow to be drill
tested this winter along with other Rook I regional targets
identified by geophysics.
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