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Nexus Uranium Corp C.NEXU

Alternate Symbol(s):  GIDMF

Nexus Uranium Corp. is a multi-commodity development company. The Company is focused on advancing the Wray Mesa uranium-vanadium project in Utah in addition to its precious metals portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in Nevada, the Napoleon gold project in British Columbia, and a package of gold claims in the Yukon. The Wray Mesa project covers 6,282 acres within the heart of the prolific Uruvan mining district in Utah. The Napoleon project comprises over 1,000 hectares and is prospective for multiple forms of gold mineralization. The Company’s Yukon gold projects are comprised of almost 8,000 hectares of quartz claims prospective for high-grade gold mineralization. Its Independence Project is located 24 miles southwest of Battle Mountain, Nevada. Its Fraser Lake copper project is located in the Quesnel Trough of Central British Columbia.


CSE:NEXU - Post by User

Post by Swedeprofon May 26, 2021 1:25pm
107 Views
Post# 33268524

closer and closer to a buy-out / take-out

closer and closer to a buy-out / take-out

$IGLD / $GIDMF announced an updated resource estimate last week consisting of 537,300 oz #gold in the M&I category and another 943,500 oz #gold in the inferred category.
https://www.newsfilecorp.com/release/84380
 
Today, $IGLD.C announced completion of their Phase 2 drill program, results are expected over the summer. Drilling was completed in their newly discovered zone where they hit 80ft of 9.1g/t Au & 23.2 g/t Ag.
https://www.newsfilecorp.com/release/85138

Important to note that these results will be included in the upcoming resource estimate that will be used for the PEA (Preliminary Economic Assessment) which is scheduled to be released before end of this year.

Don't forget we are adjacent to and included in the 'Plan of Operations' on the Barrick/Newmont's JV - Nevada Gold Mines

 

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