Patterson Corridor East Update
Ecora Resources PLC has announced significant assay results from NexGen Energy Ltd.'s Patterson Corridor East project, where Ecora holds a 2% Net Smelter Return royalty. Drill hole RK-25-256 returned exceptional grades, including 5.5 metres at 21.4% U3O8, with a notable intercept of 0.5 metres at 74.8% U3O8, alongside a separate 1.5 metres at 5.28% U3O8. These results represent the highest-grade assays to date for the project, which is subject to a 50% buyback right.
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Ecora (LSE/TSX: ECOR, OTCQX: ECRAF) a critical minerals focused royalty company, notes the press release issued yesterday by NexGen Energy Ltd. ("NexGen") announcing the highest-grade assay results to date at Patterson Corridor East ("PCE") with drill hole RK-25-256. Assays returned 5.5 metres at 21.4% U3O8 between 590.0 and 595.5 metres depth including 2.5 metres at 46.1% U3O8 and 0.5 metres at 74.8% U3O8 as well as a separate and adjacent intercept of 1.5 metres at 5.28% U3O8.
Ecora holds a 2% Net Smelter Return royalty on PCE, which is subject to a 50% buyback right.
The full announcement from NexGen can be viewed here: https://www.nexgenenergy.ca/news/news-details/2025/NexGen-Announces-Highest-Grade-Assay-to-Date-from-Patterson-Corridor-East/default.aspx
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.