Latest news with #NexGen
The Market Online
29-05-2025
- Business
- The Market Online
Boeing recognizes PyroGenesis as official supplier
Aerospace leader Boeing (NYSE:BA) has added PyroGenesis (TSX:PYR), a sustainable industrial solutions provider, to its network of approved suppliers, sending shares soaring in mid-morning trading PyroGenesis designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions that reduce greenhouse gases and manage waste at attractive economics PyroGenesis stock has given back 10.17 per cent year-over-year and 62.94 per cent since 2020 Aerospace leader Boeing (NYSE:BA) has added PyroGenesis (TSX:PYR), a sustainable industrial solutions provider focused on emissions reduction, commodity security and waste remediation, to its network of approved suppliers, sending shares soaring in mid-morning trading. The company will become Boeing's go-to supplier when it comes to titanium metal powders, specifically its Ti64-branded product with a particle size within 53-150 microns, which will be put to use in additive manufacturing. PyroGenesis' patented plasma atomization process is a lower-cost upgrade to the standard for metal powder development, enabling the company to produce particles of any size with little to no waste. The news follows accelerated testing with Evonik, a global chemicals manufacturer, towards potential fumed silica production in partnership with HPQ Silicon (TSXV:HPQ). Leadership insights 'PyroGenesis is proud to achieve official supplier status with Boeing. The high standard of Ti64 metal powder produced at PyroGenesis Additive for Boeing is the result of years of groundbreaking design and engineering work that went into developing our NexGen plasma atomization process,' P. Peter Pascali, president and chief executive officer of PyroGenesis, said in a statement. 'Our stated goal to produce some of the highest-quality metal powders in the additive manufacturing industry required being assessed by the highest-quality client under the toughest standards,' added Massimo Dattilo, vice-president of PyroGenesis Additive. 'Having received qualification of our coarse powder, we look forward to serving the needs of Boeing and its parts manufacturing and service centers with metal powder produced by PyroGenesis' NexGen plasma atomization system.' About PyroGenesis PyroGenesis designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions that reduce greenhouse gases and manage waste at attractive economics. PyroGenesis stock (TSX:PYR) is up by 16.48 per cent on the news trading at C$0.53 as of 11:32 am ET. The stock has given back 10.17 per cent year-over-year and 62.94 per cent since 2020. Join the discussion: Find out what everybody's saying about this sustainable industrial technology stock on the PyroGenesis Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Associated Press
27-05-2025
- Business
- Associated Press
NexGen Announces Best Assays from Patterson Corridor East in Hole RK-25-232
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2025) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ('NexGen' or the 'Company') is thrilled to announce the Company's best discovery phase assay results, with 15.0 meters (m) at 15.9% U 3 O 8, including a peak intercept of 0.5 m at an exceptional 68.8% U 3 O 8, in drillhole RK-25-232. Included within this phenomenal intercept is 3.0 m at 47.8% U 3 O 8 and 1.5 m at 29.4% U 3 O 8. This result ranks among the highest-grade basement hosted uranium vein intercepts in the world. Assay results from two of the best holes drilled to date at PCE, RK-24-222 and RK-25-232, indicate intense high-grade mineralization 200 m apart (Figures 1 and 2, Tables 1 and 2), confirming scale and continuity early in the discovery phase. Winter activity since the last update continued to build momentum, adding 9 new intersections of off-scale (>61,000 cps) mineralization, bringing the total to 13 high-grade intercepts and reinforce confidence in the materiality of this emerging mineralization. Since discovery (see March 11, 2024, news release), 64 drillholes totalling 47,425.9 m have been completed, with 35 intersecting mineralization that remains open in most directions. Further, RK-24-222 returned 17.0 m at 3.85% U 3 O 8 including 3.0 m at 10.1% U 3 O 8 and an intercept of 0.5 m at 28.2% U 3 O 8 within massive replacement style uranium mineralization. These results are accelerating NexGen's understanding of the PCE system and shaping the next phase of exploration targeting. Assays at SRC lab continue to see backlogs with NexGen now having received 75% of the 2024 assay results. Remaining will follow as they are received back from the independent lab. Drilling at PCE will resume on June 1st, 2025, and reporting of 2025 assays will be completed on an ongoing basis. Leigh Curyer, Chief Executive Officer, commented: 'Patterson Corridor East has delivered these exceptional assay results. RK-25-232 is an exceptionally high calibre intersection considering the program is very early in the evaluation of PCE. Identical to Arrow, mineralization at PCE is wholly hosted in competent basement rock and exhibits all the same characteristics of an intense high-grade mineralized system. PCE is only 3.5 km from the future Rook I Project that is in the final Federal approval stage with the CNSC having received Provincial Approval in November 2023. The scale of 2025 program drilling at PCE underscores NexGen's commitment to advancing new sources of uranium supply at a time the world is committing to the deployment of nuclear energy. Notably, President Trump last Thursday, signing four executive orders to immediately accelerate the deployment of nuclear energy in the US, with objective of increasing US nuclear energy output from 100GW to 400GW by 2050. The importance of Rook I and the further development of PCE has never been greater to meet the world's nuclear fuel requirements for the approaching decades.' Jason Craven, Vice President, Exploration, commented: 'These assays received to date confirm advancement of our 3D model of PCE which sets us up for targeting future drill hole locations at PCE. The focus to both expand the overall footprint as well as define and expand the high-grade sub-domains within PCE. Mineralization style and intensity, mirrored with Arrow 3.5 km away, speaks to the broader endowment of the underexplored NexGen portfolio in southwest Athabasca Basin. NexGen provides everyone with the tremendously unique opportunity of building a true tier one mine whilst simultaneously developing the exciting PCE.' Other Highlights [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: [ This image cannot be displayed. Please visit the source: ] To view an enhanced version of this graphic, please visit: Table 1: 2025 Assay results received since March 24, 2025 news release to present [This table cannot be displayed. Please visit the source.] Table 2: 2024 Assays received since May 29, 2024 [This table cannot be displayed. Please visit the source.] Table 4: 2025 Spectrometer results from March 24, 2025 news release to present [This table cannot be displayed. Please visit the source.] About NexGen NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low-cost producing uranium mine globally, incorporating the most elite environmental and social governance standards. The Rook I Project is supported by an N.I. 43-101 compliant Feasibility Study, which outlines the elite environmental performance and industry-leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational, long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol 'NXE,' and on the Australian Securities Exchange under the ticker symbol 'NXG,' providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan. Contact Information Leigh Curyer Chief Executive Officer NexGen Energy Ltd. +1 604 428 4112 [email protected] Travis McPherson Chief Commercial Officer NexGen Energy Ltd. +1 604 428 4112 [email protected] Monica Kras Vice President, Corporate Development NexGen Energy Ltd. +44 7307 191933 [email protected] Technical Disclosure* All technical information in this news release has been reviewed and approved by Jason Craven, NexGen's Vice President, Exploration, a qualified person under National Instrument 43-101. Natural gamma radiation in drill core reported in this news release was measured in counts per second (cps) using a Radiation Solutions Inc. RS-125 gamma spectrometer. The reader is cautioned that total count gamma readings may not be directly or uniformly related to uranium grades of the rock sample measured; they should be used only as a preliminary indication of the presence of radioactive minerals. A technical report in respect of the FS is filed on SEDAR+ ( and EDGAR ( and is available for review on NexGen Energy's website ( Cautionary Note to U.S. Investors This news release includes Mineral Reserves and Mineral Resources classification terms that comply with reporting standards in Canada and the Mineral Reserves and the Mineral Resources estimates are made in accordance with NI 43-101. NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. These standards differ from the requirements of the Securities and Exchange Commission ('SEC') set by the SEC's rules that are applicable to domestic United States reporting companies. Consequently, Mineral Reserves and Mineral Resources information included in this news release is not comparable to similar information that would generally be disclosed by domestic U.S. reporting companies subject to the reporting and disclosure requirements of the SEC Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards. Forward-Looking Information The information contained herein contains 'forward-looking statements' within the meaning of applicable United States securities laws and regulations and 'forward-looking information' within the meaning of applicable Canadian securities legislation. 'Forward-looking information' includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes' or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved' or the negative connotation thereof. Statements relating to 'mineral resources' are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future. Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property , the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen's planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future. Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 3, 2025 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen's 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR+ Edgar Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty view the source version of this press release, please visit
News.com.au
13-05-2025
- Business
- News.com.au
Argonaut Algorithm: Why uranium stocks could be back in investors' good books
Argonaut Funds Management's David Franklyn joins Stockhead to share investing secrets from the high-conviction resource sector investing fund, including his junior stock pick of the month. Uranium is back on the up, with a move to US$70/lb for spot prices in recent weeks breaking several months of malaise. While contract prices have remained stubborn, circling around the US$80/lb range for some time, spot prices have been under pressure since hitting decade highs of US$107/lb in January last year. That's come despite positivity around the long-term future for nuclear energy, with around 65 new reactors currently under construction worldwide and the World Nuclear Association tipping a doubling of demand out to 2040. The uranium market is already in a 50-60Mlb deficit, with ~156Mlb produced last year. In part that is because utilities have been well-supplied, and until recently were able to rely on bargain basement pounds from the spot market. 2024 was the strongest contracting year in over a decade. But this year has seen utilities nervous to deal, with potential tariffs hurting market confidence. Argonaut Funds Management's David Franklyn said the utilities had been holding on for a better deal, but that a supply rush was now looking too slow to come online. "They've had enough stocks to see it through, but there's been an expectation that then you've got a whole lot of new projects coming on stream, whether it's NexGen or Denison or Paladin or Boss," he said. "The expectation was that there was this emerging wave of production coming through. I think what we're seeing is that most of those projects have probably been pushed out a little bit. "The ones that have come on stream, they haven't delivered the volumes as quickly as the market was expecting." Franklyn said what Argonaut was hearing from the industry was that utilities were starting to put out expressions of interest for new contract volumes. More drivers Franklyn sees other positive drivers for uranium, underpinning the recent shift back to positive sentiment. Uranium has remained exempt from US tariffs, while the White House has also been rumoured to be preparing Executive Orders to induce quicker reactor builds and approvals, using the Department of Defense as a mechanism to circumvent historic bureaucratic processes. "That's very positive for future demand," Franklyn said. The European Commission is also looking at developing a roadmap that would restrict deals with Russia on enriched uranium, while tech giants are turning to nuclear to power their AI data centres, which are energy hungry and in need of low emissions, baseload power. "There's just this confluence of events with lots of positive news saying the demand for uranium is going to continue to increase and the market's, more and more conducive to that," Franklyn said. The Sprott Physical Uranium Trust also boosted market confidence on Monday night after committing to a US$25.55m non-brokered private placement. That meant it avoided having to sell uranium into the market to preserve its balance sheet, removing a key overhang for uranium equities. Franklyn thinks over the long-term prices will settle into a range of US$75-80/lb, but sees real risks of a run up to over US$100/lb as the market rebalances in the short term. Once NexGen Energy (ASX:NXG) has developed its Rook I project in Canada, there will be three major producers on the listed market – Kazakhstan's London-listed Kazatomprom, Canada's Cameco and the Canadian-Australian NexGen. Behind them are a number of Australian and Canadian companies who are smaller in scale and either still in the study phase or ramping up operational restarts. Many, notably Honeymoon mine owner Boss Energy (ASX:BOE) and Langer Heinrich operator Paladin Energy (ASX:PDN), remain heavily shorted, with close to a quarter of Boss' shares held short. Franklyn said there may be doubts from the market that ASX companies can keep their costs down and generate a strong margin if prices remain around US$70/lb. It should be noted both produced solid March quarters, with Boss generating 295,819lb of drummed uranium at a C1 cost of US$21/lb, while Paladin produced 745,484lb at US$40.6/lb at its Langer Heinrich mine in Namibia. Boss also has the majority 30% stake in enCore Energy's Alta Mesa project in Texas, which produced 130,015lb at a cost of US$36.11/lb in the first quarter. Argonaut's stock pick of the month Staying in the uranium space, and Franklyn sees two standouts. Both are listed in Canada, though the first one comes with a shared Australian listing as well. That's NexGen Energy (ASX:NXG), which owns the mammoth Rook I project in Saskatchewan's famously well-endowed and high-grade Athabasca Basin. "NexGen looks pretty compelling," Franklyn said. "It's got scale, it is going to be low cost. And you've got a view as to how the market might value it by looking at Cameco. " I think that is a standout in the sector." Rook I includes the Arrow project, which contains 3.75Mt of measured and indicated resources at a grade of 3.1% U3O8, for 257Mlb of uranium oxide. Its probable mineral reserves have been estimated at 240Mlb within 4.6Mt of ore at 2.37% U3O8, with Arrow to cost an estimated US$1.3bn to develop but run at costs of just US$7.58/lb U3O8, producing a monstrous 29Mlbpa over its first five years. NXG has had to navigate a complex permitting route for Rook I, but has line of sight now with hearing before the Canadian Nuclear Safety Commission now set for November this year and February 2026. Franklyn also likes the look of TSX-listed ISO Energy. NXG holds close to 32% of the Canadian firm's shares, which are currently trading at C$9.28 for a market cap of C$446m. ISO holds the Hurricane Zone project in the Eastern Athabasca Basin, which contains an indicated resource of 63,800t at an obscene 34.5% U3O8 for 48.6Mlb. An inferred resource outside that contains 54,300t at 2.2% for 2.7Mlb of yellowcake, with the project around 40km from Orano's Maclean Lake mill. "To put that into context. Paladin is 0.07%, Boss is 0.04%, Deep Yellow is 0.03% and Bannerman is 0.02%," Franklyn said. "Cameco's Cigar Lake is about 15%, McArthur River is about 5% and NexGen, their overall project is about 3% but they've got high areas at about 15%. "So you can just see it's pretty unique, relatively good scale ... very high grade in an area with good infrastructure." Argonaut Funds Management is a high conviction resource sector investor managing the Argonaut Natural Resources Fund and the Argonaut Global Gold Fund. David Franklyn is the Fund Manager for the Argonaut Natural Resources Fund. The views, information, or opinions expressed in this article are solely those of the interviewee and do not represent the views of Stockhead. Stockhead does not provide, endorse or otherwise assume responsibility for any financial product advice contained in this article.
Associated Press
12-05-2025
- Business
- Associated Press
NexGen Energy to Host Q1 2025 Conference Call on Rook I Project Developments
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - NexGen Energy Ltd. (TSX: NXE) (NYSE: NXE) (ASX: NXG) ('NexGen' or the 'Company') is pleased to announce that the Company will host its 2025 first quarter conference call on Tuesday, May 20, 2025, at 10:00 am Eastern Standard Time. During the call, NexGen's Founder, President and Chief Executive Officer, Leigh Curyer, Chief Commercial Officer, Travis McPherson, and Chief Financial Officer, Benjamin Salter, will provide a comprehensive update on the Company's 100%-owned Rook I Project (the 'Project'). This will include the latest milestones in project development, utility contracting and preparations for the final Commission Hearing as well as the exciting exploration activity at the new material discovery at Patterson Corridor East. Finally, management will provide the Company's perspective on current market fundamentals including supply constraints and resilient demand drivers. Call-in Details: Date: Tuesday, May 20, 2025 Time: 10:00 am Eastern Standard Time Participants should advise the operator that they are joining the 'NexGen Energy Ltd. Conference Call' to ensure proper admission to the event: North America Toll Free Number: 1-844-763-8274 Australia Local Toll Number: +61-3-8592-6289 Participants accessing the call via either of the provided links will be automatically connected to the NexGen Energy Ltd. conference without the need to speak with an operator: International HD Web Phone Access: Access Link Call me TM : Call Me Link Prior to the call, the Company will file its 2025 first quarter Financial Statements and Management Discussion & Analysis on Tuesday, May 13 th, pre-market. These fillings will be available for review on the NexGen website under Reports and Filings and on the Company's SEDAR+ profile at In addition, a replay will be available on the NexGen website under Events & Presentations. Further Information is available at About NexGen NexGen Energy is a Canadian company focused on delivering clean energy fuel for the future. The Company's flagship Rook I Project is being optimally developed into the largest low cost producing uranium mine globally, incorporating the most elite standards in environmental and social governance. The Rook I Project is supported by a NI 43-101 compliant Feasibility Study which outlines the elite environmental performance and industry leading economics. NexGen is led by a team of experienced uranium and mining industry professionals with expertise across the entire mining life cycle, including exploration, financing, project engineering and construction, operations and closure. NexGen is leveraging its proven experience to deliver a Project that leads the entire mining industry socially, technically and environmentally. The Project and prospective portfolio in northern Saskatchewan will provide generational long-term economic, environmental, and social benefits for Saskatchewan, Canada, and the world. NexGen is listed on the Toronto Stock Exchange, the New York Stock Exchange under the ticker symbol 'NXE' and on the Australian Securities Exchange under the ticker symbol 'NXG' providing access to global investors to participate in NexGen's mission of solving three major global challenges in decarbonization, energy security and access to power. The Company is headquartered in Vancouver, British Columbia, with its primary operations office in Saskatoon, Saskatchewan. Contact Information Leigh Curyer Founder & Chief Executive Officer NexGen Energy Ltd. +1 604 428 4112 [email protected] Travis McPherson Chief Commercial Officer NexGen Energy Ltd. +1 604 428 4112 [email protected] Monica Kras Vice President, Corporate Development NexGen Energy Ltd. +44 (0) 7307 191933 [email protected] Forward-Looking Information The information contained herein contains 'forward-looking statements' within the meaning of applicable United States securities laws and regulations and 'forward-looking information' within the meaning of applicable Canadian securities legislation. 'Forward-Looking information' includes, but is not limited to, statements with respect to mineral reserve and mineral resource estimates, the 2021 Arrow Deposit, Rook I Project and estimates of uranium production, grade and long-term average uranium prices, anticipated effects of completed drill results on the Rook I Project, planned work programs, completion of further site investigations and engineering work to support basic engineering of the project and expected outcomes. Generally, but not always, forward-looking information and statements can be identified by the use of words such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes' or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved' or the negative connotation thereof. Statements relating to 'mineral resources' are deemed to be forward-looking information, as they involve the implied assessment that, based on certain estimates and assumptions, the mineral resources described can be profitably produced in the future. Forward-Looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen's business and the industry and markets in which it operates. Forward-Looking information and statements are made based upon numerous assumptions, including among others, that the mineral reserve and resources estimates and the key assumptions and parameters on which such estimates are based are as set out in this news release and the technical report for the property, the results of planned exploration activities are as anticipated, the price and market supply of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen's planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a materially adverse manner. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate in the future. Forward-Looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, the existence of negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, conclusions of economic valuations, the risk that actual results of exploration activities will be different than anticipated, the cost of labour, equipment or materials will increase more than expected, that the future price of uranium will decline or otherwise not rise to an economic level, the appeal of alternate sources of energy to uranium-produced energy, that the Canadian dollar will strengthen against the U.S. dollar, that mineral resources and reserves are not as estimated, that actual costs or actual results of reclamation activities are greater than expected, that changes in project parameters and plans continue to be refined and may result in increased costs, of unexpected variations in mineral resources and reserves, grade or recovery rates or other risks generally associated with mining, unanticipated delays in obtaining governmental, regulatory or First Nations approvals, risks related to First Nations title and consultation, reliance upon key management and other personnel, deficiencies in the Company's title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licences, risks related to changes in laws, regulations, policy and public perception, as well as those factors or other risks as more fully described in NexGen's Annual Information Form dated March 3, 2025 filed with the securities commissions of all of the provinces of Canada except Quebec and in NexGen's 40-F filed with the United States Securities and Exchange Commission, which are available on SEDAR+ Edgar Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or statements or implied by forward-looking information or statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking information or statements due to the inherent uncertainty view the source version of this press release, please visit
Yahoo
03-05-2025
- Automotive
- Yahoo
Carson Hocevar earns first NASCAR Cup pole, William Byron 2nd in Texas
Setting a fast time of 28.174s, Carson Hocevar was able to hang on for his first career pole in the No. 77 Spire Motorsports Chevrolet on Saturday. It's a front row lockout for Team Chevy with William Byron putting the No. 24 Hendrick Motorsports Chevrolet in second, just 0.014s behind Hocevar's pole lap. Hocevar was also the fastest driver in the practice session that immediately preceded qualifying. "It's really big," smiled Hocevar. "It's really big for these guys. It's super impressive for what they've been able to do. This is the same group on pit road, off pit road, at the shop -- everyone working on the No. 77 is exactly the same as when I started here. It's just huge where we've been able to bring this team." Advertisement Hocevar admitted that he can be hard on himself at times, and didn't think he "nailed that lap," despite going to the top of the board. "Super proud of this team," he continued. "I've never been number one pit stall and I've had a lot of issue s on pit road. We've had a lot of bad luck, so I finally get the number one pit stall and I'm pumped about that." Carson Hocevar, Spire Motorsports Chevrolet Carson Hocevar, Spire Motorsports Chevrolet James Gilbert / Getty Images James Gilbert / Getty Images Last weekend's Talladega race winner Austin Cindric timed in third, leading the Ford camp. Kyle Larson was fourth and Hocevar's Spire Motorsports teammate Michael McDowell was fifth. Ty Gibbs led the Toyotas in sixth, followed by Josh Berry, Denny Hamlin, Bubba Wallace, and AJ Allmendinger. Advertisement Defending Texas winner Chase Elliott will start deep in the field, only going fast enough for 29th. The good news is that he came from 24th on the grid to win here last year. He's not the only notable driver with some work to do on Sunday either with Ryan Blaney 24th, Kyle Busch 26th, Joey Logano 27th, Brad Keselowski 30th, and Ross Chastain 31st. There were no incidents during the qualifying session. History shows that the pole-sitter has not been able to translate that into a Cup win at Texas in three years of the Nex Gen era, which is something Hocevar will surely be hoping to change tomorrow. Perhaps the practice here is paying off: Hocevar has already been on track racing this weekend, as the only Cup driver to also run the Truck race on Friday night. He was solidly in second place when a battery issue derailed his night. Photos from Texas - Practice Carson Hocevar, Spire Motorsports Chevrolet Carson Hocevar, Spire Motorsports Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Ryan Blaney, Team Penske Ford Ryan Blaney, Team Penske Ford Sean Gardner / Getty Images Sean Gardner / Getty Images Noah Gragson, Front Row Motorsports Ford Noah Gragson, Front Row Motorsports Ford Logan Riely / Getty Images Logan Riely / Getty Images Ross Chastain, Trackhouse Racing Chevrolet Ross Chastain, Trackhouse Racing Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Bubba Wallace, 23XI Racing Toyota Bubba Wallace, 23XI Racing Toyota Logan Riely / Getty Images Logan Riely / Getty Images Ricky Stenhouse Jr., Hyak Motorsports Chevrolet Ricky Stenhouse Jr., Hyak Motorsports Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Michael McDowell, Spire Motorsports Chevrolet Michael McDowell, Spire Motorsports Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Todd Gilliland, Front Row Motorsports Ford Todd Gilliland, Front Row Motorsports Ford Logan Riely / Getty Images Logan Riely / Getty Images Chase Elliott, Hendrick Motorsports Chevrolet Chase Elliott, Hendrick Motorsports Chevrolet Sean Gardner / Getty Images Sean Gardner / Getty Images Alex Bowman, Hendrick Motorsports Chevrolet Alex Bowman, Hendrick Motorsports Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Tyler Reddick, 23XI Racing Toyota Tyler Reddick, 23XI Racing Toyota Logan Riely / Getty Images Logan Riely / Getty Images Kyle Busch, Richard Childress Racing Chevrolet Kyle Busch, Richard Childress Racing Chevrolet Sean Gardner / Getty Images Sean Gardner / Getty Images Christopher Bell, Joe Gibbs Racing Toyota Christopher Bell, Joe Gibbs Racing Toyota Logan Riely / Getty Images Logan Riely / Getty Images Bubba Wallace, 23XI Racing Toyota Bubba Wallace, 23XI Racing Toyota James Gilbert / Getty Images James Gilbert / Getty Images Shane van Gisbergen, Trackhouse Racing Chevrolet Shane van Gisbergen, Trackhouse Racing Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Austin Cindric, Team Penske Ford Austin Cindric, Team Penske Ford Logan Riely / Getty Images Logan Riely / Getty Images Shane van Gisbergen, Trackhouse Racing Chevrolet Shane van Gisbergen, Trackhouse Racing Chevrolet Sean Gardner / Getty Images Sean Gardner / Getty Images Chase Elliott, Hendrick Motorsports Chevrolet Chase Elliott, Hendrick Motorsports Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Cody Ware, Rick Ware Racing Ford Cody Ware, Rick Ware Racing Ford Logan Riely / Getty Images Logan Riely / Getty Images Riley Herbst, 23XI Racing Toyota Riley Herbst, 23XI Racing Toyota Logan Riely / Getty Images Logan Riely / Getty Images William Byron, Hendrick Motorsports Chevrolet William Byron, Hendrick Motorsports Chevrolet James Gilbert / Getty Images James Gilbert / Getty Images Bubba Wallace, 23XI Racing Toyota Bubba Wallace, 23XI Racing Toyota Logan Riely / Getty Images Logan Riely / Getty Images Kyle Busch, Richard Childress Racing Chevrolet Kyle Busch, Richard Childress Racing Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Ty Dillon, Kaulig Racing Chevrolet Ty Dillon, Kaulig Racing Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images AJ Allmendinger, Kaulig Racing Chevrolet AJ Allmendinger, Kaulig Racing Chevrolet Sean Gardner / Getty Images Sean Gardner / Getty Images Justin Haley, Spire Motorsports Chevrolet Justin Haley, Spire Motorsports Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Denny Hamlin, Joe Gibbs Racing Toyota Denny Hamlin, Joe Gibbs Racing Toyota Logan Riely / Getty Images Logan Riely / Getty Images Noah Gragson, Front Row Motorsports Ford Noah Gragson, Front Row Motorsports Ford Logan Riely / Getty Images Logan Riely / Getty Images Daniel Suarez, Trackhouse Chevrolet Daniel Suarez, Trackhouse Chevrolet Logan Riely / Getty Images Logan Riely / Getty Images Chase Briscoe, Joe Gibbs Racing Toyota Chase Briscoe, Joe Gibbs Racing Toyota Kenneth Richmond / Getty Images Kenneth Richmond / Getty Images Joey Logano, Team Penske Ford Joey Logano, Team Penske Ford Chris Graythen - Getty Images Chris Graythen - Getty Images Austin Cindric, Team Penske Ford Austin Cindric, Team Penske Ford Kenneth Richmond / Getty Images Kenneth Richmond / Getty Images Carson Hocevar, Spire Motorsports Chevrolet Carson Hocevar, Spire Motorsports Chevrolet James Gilbert / Getty Images James Gilbert / Getty Images Advertisement Read Also: Corey Heim wins chaotic Texas NASCAR Truck race in double overtime Connor Zilisch gives health update after being sidelined by Talladega wreck The strange evolution of Texas Motor Speedway Can Chase Elliott strike gold in Texas again, one year after last win? 1 77 Chevrolet 1 28.175 191.659 2 24 Chevrolet 1 +0.014 28.189 0.014 191.564 3 2 Ford 1 +0.020 28.195 0.006 191.523 4 5 Chevrolet 1 +0.035 28.210 0.015 191.421 5 71 Chevrolet 1 +0.048 28.223 0.013 191.333 6 54 Toyota 1 +0.054 28.229 0.006 191.293 7 Wood Brothers Racing 21 Ford 1 +0.058 28.233 0.004 191.266 8 11 Toyota 1 +0.073 28.248 0.015 191.164 9 23 Toyota 1 +0.074 28.249 0.001 191.157 10 16 Chevrolet 1 +0.101 28.276 0.027 190.975 11 48 Chevrolet 1 +0.109 28.284 0.008 190.921 12 17 Ford 1 +0.134 28.309 0.025 190.752 13 38 Ford 1 +0.150 28.325 0.016 190.644 14 43 Toyota 1 +0.159 28.334 0.009 190.584 15 7 Chevrolet 1 +0.162 28.337 0.003 190.564 16 20 Toyota 1 +0.181 28.356 0.019 190.436 17 45 Toyota 1 +0.188 28.363 0.007 190.389 18 4 Ford 1 +0.193 28.368 0.005 190.355 19 3 Chevrolet 1 +0.206 28.381 0.013 190.268 20 41 Ford 1 +0.263 28.438 0.057 189.887 21 35 Toyota 1 +0.272 28.447 0.009 189.827 22 19 Toyota 1 +0.274 28.449 0.002 189.813 23 10 Chevrolet 1 +0.300 28.475 0.026 189.640 24 12 Ford 1 +0.337 28.512 0.037 189.394 25 99 Chevrolet 1 +0.357 28.532 0.020 189.261 26 8 Chevrolet 1 +0.366 28.541 0.009 189.201 27 22 Ford 1 +0.370 28.545 0.004 189.175 28 42 Toyota 1 +0.379 28.554 0.009 189.115 29 9 Chevrolet 1 +0.413 28.588 0.034 188.890 30 6 Ford 1 +0.461 28.636 0.048 188.574 31 1 Chevrolet 1 +0.483 28.658 0.022 188.429 32 34 Ford 1 +0.484 28.659 0.001 188.422 33 60 Ford 1 +0.521 28.696 0.037 188.180 34 47 Chevrolet 1 +0.529 28.704 0.008 188.127 35 Beard Motorsports 62 Chevrolet 1 +0.760 28.935 0.231 186.625 36 51 Ford 1 +0.767 28.942 0.007 186.580 37 88 Chevrolet 1 +1.018 29.193 0.251 184.976 38 66 Ford 1 +1.658 29.833 0.640 181.008 To read more articles visit our website.
