The Rook I project is the largest development-stage uranium project in Canada. The proposed new underground mine and mill development is located in the uranium rich district of the southwestern area of the Athabasca Basin; located in the premier mining jurisdiction of Saskatchewan
The project is comprised of land-based, basement-hosted Arrow Deposit which is identified as one of the world’s leading resource projects, encompassing robust economic profiles and elite ESG commitments to the advancements of environment and community
NexGen reached a major milestone in the advancement of the regulatory approvals for the 100% owned Rook I Project with the submission of the draft Environmental Impact Statement ("EIS") in June 2022, followed by the acceptance of the EIS by the Canadian Nuclear Safety Commission ("CNSC") in July 2022. The draft EIS subsequently commenced Provincial and Federal review processes, with Provincial technical review comments provided in September 2022 and Federal technical and public review comments received by NexGen in November 2022 and December 2022, respectively.
NexGen advanced through a significant regulatory stage gate in Q3 2023 with the completion of the Provincial technical review process and submission of a revised EIS to the Saskatchewan Ministry of Environment (“ENV”) in July 2023. In August 2023, the ENV confirmed completion of their conformity review of the revised EIS, and the planned advancement of the Provincial EA to the public review stage in September 2023.
A copy of the draft EIS Master Executive Summary for the Project can be found here.
Following the successful completion of the Rook I Feasibility Study in 2021, NexGen has transitioned into the next stage of project development with the advancement of FEED, scheduled to be completed in early 2023.
Extensive data collection and testing since 2013 validates and positions the Rook I Project as a Strategic Tier 1 Asset. The Feasibility Study outlines an initial 11 year mine capable of producing 29 Mlbs U308 per anum (first 5 years), making it the largest and lowest cost uranium mine in the world.
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