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Nexus Uranium Corp GIDMF


Primary Symbol: C.NEXU

Nexus Uranium Corp. is a multi-commodity development company. The Company is focused on advancing the Cree East uranium project in the Athabasca Basin in addition to its precious metals portfolio that includes the Napoleon gold project in British Columbia and a package of gold claims in the Yukon. The Cree East project is located within the Athabasca Basin of Saskatchewan, spanning 57,752 hectares. The Napoleon project comprises over 1,000 hectares and is prospective for multiple forms of gold mineralization. The Project is located approximately 35 km northwest of Kamloops, BC. The Company’s Yukon gold projects are comprised of almost 8,000 hectares of quartz claims prospective for high-grade gold mineralization. The Company has an option to acquire approximately 90% interest in the Wray Mesa uranium project in Utah, United States of America. The Wray Mesa project covers 6,282 acres and comprises over 308 unpatented lode claims in San Juan County, Utah.


CSE:NEXU - Post by User

Post by Swedeprofon May 26, 2021 1:25pm
145 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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