Nexus Announces Drill Targets Ahead of Winter Program
Nexus Uranium Corp has announced drill targets for its upcoming winter diamond drill program at the Cree East uranium project in Saskatchewan's Athabasca Basin. The program, set to commence in January 2025, will primarily focus on Area B, which previously yielded significant results but wasn't followed up after 2012.
The project has benefited from over $20 million in prior exploration drilling from 2009 to 2012. Area B showed intense alteration zones extending from 400m depth to near surface, featuring rehealed breccia, rotated blocks, and pyrite impregnations, along with arsenic geochemical halo and uranium enrichment.
The company plans three to four holes to test the contact between the EM conductor at the unconformity, utilizing prior drilling data and geophysics reinterpretation that confirmed anomalous mineralization.
Nexus Uranium Corp ha annunciato i punti di perforazione per il suo prossimo programma di perforazione a diamante invernale presso il progetto uranio Cree East nella provincia di Athabasca, Saskatchewan. Il programma, che inizierà a gennaio 2025, si concentrerà principalmente sull'Area B, che in passato ha fornito risultati significativi ma non è stata seguita dopo il 2012.
Il progetto ha beneficiato di oltre 20 milioni di dollari in esplorazione di perforazione precedente dal 2009 al 2012. L'Area B ha mostrato zone di alterazione intense che si estendono da una profondità di 400 m fino quasi in superficie, caratterizzate da breccia ricomposta, blocchi ruotati e impregnazioni di pirite, insieme a un alone geochimico di arsenico e arricchimento di uranio.
L'azienda prevede di effettuare da tre a quattro fori per testare il contatto tra il conduttore EM all'inconformità, utilizzando i dati di perforazione precedenti e la reinterpretazione geofisica che ha confermato la mineralizzazione anomala.
Nexus Uranium Corp ha anunciado los objetivos de perforación para su próximo programa de perforación de diamante invernal en el proyecto de uranio Cree East en la cuenca de Athabasca, Saskatchewan. El programa, que comenzará en enero de 2025, se centrará principalmente en el Área B, que anteriormente había generado resultados significativos pero no se había seguido después de 2012.
El proyecto ha recibido más de 20 millones de dólares en perforaciones de exploración previas desde 2009 hasta 2012. El Área B mostró zonas de alteración intensa que se extienden desde 400 m de profundidad hasta casi la superficie, caracterizadas por brechas rehechas, bloques rotados e impregnaciones de pirita, junto con un halo geQuimico de arsenico y enriquecimiento de uranio.
La empresa planea realizar de tres a cuatro perforaciones para probar el contacto entre el conductor EM en la inconformidad, utilizando datos de perforación anteriores y una reinterpretación geofísica que confirmó la mineralización anómala.
Nexus Uranium Corp는 서스캐처원 아타바스카 분지에 있는 Cree East 우라늄 프로젝트에서 다가오는 겨울 다이아몬드 드릴 프로그램을 위한 드릴 목표를 발표했습니다. 2025년 1월에 시작될 이 프로그램은 이전에 상당한 결과를 얻었지만 2012년 이후로 후속 조치를 취하지 않았던 B 지역에 주로 초점을 맞출 것입니다.
이 프로젝트는 2009년부터 2012년까지 2천만 달러 이상의 이전 탐사 드릴링으로 혜택을 받았습니다. B 지역은 400m 깊이에서 표면 근처까지 뻗어 있는 강한 변형 영역을 보여주었으며, 재생된 브레치아, 회전 블록 및 황철광 침적물, 비소 지구화학적 후광과 우라늄 농축이 특징입니다.
회사는 이상한 광물화를 확인한 이전 드릴링 데이터와 지구물리학적 재해석을 활용하여 불연속면의 EM 전도체 사이의 접촉을 테스트하기 위해 3~4개의 홀을 계획하고 있습니다.
Nexus Uranium Corp a annoncé les cibles de forage pour son prochain programme de forage diamant hivernal au projet d'uranium Cree East dans le bassin d'Athabasca, en Saskatchewan. Le programme, qui doit commencer en janvier 2025, se concentrera principalement sur la zone B, qui a précédemment donné des résultats significatifs mais n'a pas été suivie après 2012.
Le projet a bénéficié de plus de 20 millions de dollars en forage d'exploration antérieur de 2009 à 2012. La zone B a montré des zones d'altération intenses s'étendant d'une profondeur de 400 m jusqu'à presque la surface, présentant des brèches réparées, des blocs rotatifs et des imprégnations de pyrite, ainsi qu'un halo géochimique d'arsenic et un enrichissement en uranium.
L'entreprise prévoit de forer trois à quatre trous pour tester le contact entre le conducteur EM à l'inconformité, en utilisant des données de forage antérieures et une réinterprétation géophysique qui a confirmé la minéralisation anormale.
Nexus Uranium Corp hat die Bohrziele für sein bevorstehendes Winter-Diamantbohrprogramm im Cree East Uranprojekt im Athabasca-Becken in Saskatchewan bekannt gegeben. Das Programm, das im Januar 2025 beginnen soll, wird sich hauptsächlich auf das Gebiet B konzentrieren, das zuvor bedeutende Ergebnisse lieferte, aber nach 2012 nicht mehr verfolgt wurde.
Das Projekt profitierte von über 20 Millionen Dollar an vorheriger Explorationsbohrung von 2009 bis 2012. Gebiet B wies intensive Veränderungszonen auf, die sich von 400 m Tiefe bis nahe der Oberfläche erstreckten, mit reparierter Brekzie, rotierten Blöcken und Pyrit-Impregnierungen sowie arsenhaltigen geochemischen Halos und Urananreicherung.
Das Unternehmen plant drei bis vier Löcher, um den Kontakt zwischen dem EM-Leiter an der Unkonformität zu testen, wobei frühere Bohrdaten und eine geophysikalische Neuinterpretation verwendet werden, die anomale Mineralisierung bestätigte.
- Leveraging $20 million worth of previous drilling and geophysics data, reducing time and costs
- Previous drilling in Area B showed promising results with intense alteration zones and uranium enrichment
- Clear drilling targets identified with joint-venture partner CanAlaska Uranium
- None.
Vancouver, British Columbia--(Newsfile Corp. - December 5, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is pleased to announce the drill targets for the upcoming winter diamond drill program at the Cree East uranium project in the Athabasca Basin of Saskatchewan.
"We are excited to have finalized our initial targets for the upcoming drill program which is to commence in January 2025" commented Jeremy Poirier, CEO of Nexus Uranium Corp. "Leveraging over
Figure 1: Plan Map of Upcoming Drill Targets
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Following on from a joint technical operating committee (JTOC) meeting between the Company and its joint-venture partner, CanAlaska Uranium Ltd., the objectives and target locations have been finalized for the upcoming winter drill program. The winter drill program is anticipated to mobilize in early January 2025 with the tendering of contractors and service providers anticipated to commence in the coming weeks. A number of targets have been identified for the multi-phase program, with the initial testing to focus on Area B followed by Areas A, D and I (see Figure 1).
Figure 2: Cross Section of Area B Priority Target
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The Cree East project has seen over
About Nexus Uranium Corp.
Nexus Uranium Corp. is a multi-commodity development company 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 one of the largest projects within the Athabasca Basin of Saskatchewan spanning 57,752 hectares (142,708 acres) and has seen over
The technical content of this news release has been reviewed and approved by Warren D. Robb, P.Geo. (BC), a Director and VP Exploration of Nexus Uranium Corp. and a Qualified Person under National Instrument 43-101.
FOR FURTHER INFORMATION PLEASE CONTACT:
Jeremy Poirier
Chief Executive Officer
info@nexusuranium.com
This news release includes certain statements and information that may constitute "forward-looking information" within the meaning of applicable Canadian securities laws. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance are forward-looking statements and contain forward-looking information, including, but not limited to, any planned exploration at the Cree East Project. Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this news release, including, but not limited to the assumption that the Company will be successful in finalizing its planned drill program, including retaining a contractor to complete such programThese forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including, but not limited to: the risk that the conditions to closing of the proposed sale of the Company's interest in the Independence Project will not be satisfied and inherent risks associated with the mining industry and the results of exploration activities and development of mineral properties, stock market volatility and capital market fluctuations, general market and industry conditions, as well as those risk factors discussed in the Company's most recently filed management's discussion & analysis.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable securities laws.
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FAQ
When will Nexus Uranium (GIDMF) start its winter drilling program at Cree East?
How much was previously invested in exploration drilling at the Cree East project?
What is the primary target area for Nexus Uranium's (GIDMF) upcoming drilling program?
At what depth was the alteration zone found in Area B of the Cree East project?
