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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

Nexus Uranium Corp
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Post by sdhakaon Jul 12, 2024 4:31pm
104 Views
Post# 36130862

Quick insights on the latest trends in uranium

Quick insights on the latest trends in uranium
Hey everyone,
 
Here are some quick insights on the latest trends in uranium and nuclear energy:
 
- Rising Demand: Global demand for nuclear energy is surging, with states like Tennessee, Virginia, and Michigan pushing for more nuclear initiatives. 
 
- Uranium Prices: Prices have soared to $85.95 per pound, a 68% increase from last year. This is driven by demand, supply constraints, and geopolitical tensions.
 
-Supply Chain: With Russia producing 35% of the world’s enriched uranium, our supply chain is vulnerable. The World Nuclear Association projects demand could double by 2040. 
 
These were my insights from the research i conducted... i would like to know what you guys think for uranium's future price???
 
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