SW2, Canada / Uranium

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One of the largest development stage uranium projects in Canada

Stage

Early stage

Commodity

Uranium

Operator

NexGen

Location

Canada

Royalty rate and type
2% NSR

Ecora has a 2% NSR royalty over the SW2 property in the Athabasca Basin in Saskatchewan, Canada, which contains the Patterson Corridor East (PCE) uranium mineralisation zone which is 3.5km east of NexGen’s Arrow deposit which forms the basis of the Rook 1 Project.

Rook 1 is the largest development stage uranium project in Canada.

Rook 1 is the largest development stage uranium project in Canada.

  •  NexGen Energy (NexGen) completed its 2024 drilling programme in the Patterson Corridor East (PCE), establishing a substantial 600m strike and 600m depth uranium zone only 3.5km from the flagship world-class Arrow deposit.
  • In January 2025, NexGen commenced a 43,000m drill programme in PCE. This is 9,000m more than the 2024 campaign and is expected to be one of the largest drill programmes in the Athabasca Basin in 2025.