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Nexus Uranium Corp. (GIDMF) is a multi-commodity development company focusing on projects such as the Cree East uranium project in the Athabasca Basin and the Wray Mesa uranium-vanadium project in Utah. With a diverse portfolio that includes precious metal assets like the Independence mine in Nevada and the Napoleon gold project in British Columbia, Nexus Uranium is dedicated to exploration and development in the mining sector.
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Nexus Uranium Corp. has entered into a letter of intent with CanAlaska Uranium Ltd. to acquire a 75% interest in the Cree East uranium project. The project, located in the Athabasca Basin of Saskatchewan, Canada, has seen extensive exploration and has the potential for high-grade uranium mineralization. The transaction terms include staged cash, share, and work commitments, subject to due diligence and approval from the Canadian Securities Exchange.
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Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) finalizes Phase 1 Drill Program at Wray Mesa uranium project in Utah, engaging Harrison Land Services LLC for a 3,600 feet drill program. Initial focus on Dylan target area, with historical drilling highlights of 0.94% eU3O8, 0.98% eU3O8, and 0.52% eU3O8. The Wray Mesa project comprises 6,282 acres with extensive historical exploration dating back to the 1980s, outlining four principal mineralized zones: Dylan, Ajax, Whiskey, and Carlin.
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Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) announces receipt of permits for an exploration drill program at its Wray Mesa uranium project in Utah. The initial Phase 1 drill program is planned for a total of up to 10 holes, with a focus on confirming high-grade historical drill results and extending known zones of mineralization. The project covers 6,282 acres and has seen extensive historical exploration dating back to the 1980s. The company has also engaged Resultz Ventures Inc. and Sideways Frequency LLC for capital markets advisory, corporate development, marketing, and investor awareness services.
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Golden Independence Mining Corp. (CSE: IGLD) (OTCQB: GIDMF) (FSE: 6NNA) announces a proposed name change to 'Nexus Uranium Corp.' to reflect a shift towards clean energy fuels, such as uranium. The company's focus on its uranium and precious metals portfolio, including the Wray Mesa uranium-vanadium project in Utah, is highlighted, along with potential future acquisitions in the uranium space. The strategic shift comes as a result of extensive evaluation of opportunities to drive shareholder value, with the current market fundamentals for uranium and gold assets factoring into the decision.
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Golden Independence Mining Corp. appoints Mr. Warren Robb as VP of Exploration and Director, replacing Mr. Timothy Henneberry. Mr. Robb brings over 35 years of mineral exploration experience and has worked in various senior positions. He has been granted 100,000 stock options and 25,000 Restricted Share Units with an exercise price of C$0.38 per share.
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Golden Independence Mining Corp. has entered into an option agreement to acquire up to a 90%-interest in the Wray Mesa uranium project in Utah, USA.
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Golden Independence Mining Corp. has completed the first phase exploration program at the Napoleon project in British Columbia. The program included rock sampling and prospecting, with 13 rock samples submitted for assaying. Similar geology and mineralization to the high-grade Bonaparte mine has been observed, and assay results are expected to guide the next stage of exploration.
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Golden Independence Mining Corp. has acquired a portfolio of quartz mining claims in the eastern Yukon, previously held by Bearing Lithium Corp. The acquired projects cover almost 8,000 hectares and are located along the Upper Hyland River Gold Belt. The projects have shown promising results in previous exploration, with significant gold assays and anomalous gold and arsenic samples. Golden Independence is aggregating historical exploration data to determine the next steps.
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FAQ
What is the current stock price of NEXUS URANIUM (GIDMF)?
The current stock price of NEXUS URANIUM (GIDMF) is $0.25 as of October 15, 2024.
What is the market cap of NEXUS URANIUM (GIDMF)?
The market cap of NEXUS URANIUM (GIDMF) is approximately 6.9M.
What is the focus of Nexus Uranium Corp.?
Nexus Uranium Corp. is a multi-commodity development company concentrating on projects like the Cree East uranium project and the Wray Mesa uranium-vanadium project.
Where are the key projects of Nexus Uranium Corp. located?
The company's projects span across regions like the Athabasca Basin, Utah, Nevada, and British Columbia, showcasing a diverse portfolio.
What is the significance of the Independence gold project?
The Independence project represents an attractive opportunity for a low-cost heap-leach operation in Nevada, adjacent to Nevada Gold Mine's operations.
What are the goals of the proposed geophysical program for the Cree East uranium project?
The geophysical program aims to create a detailed geological and structural map of the property to identify potential uranium-bearing structures for upcoming drilling operations.
What is the purpose of the private placement offering by Nexus Uranium Corp.?
The non-brokered private placement aims to raise funds for Canadian exploration expenses, particularly at the Cree East uranium project.
NEXUS URANIUM CORP
OTC:GIDMF
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