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Nexus Uranium ( (TSE:NEXU) ) has provided an update.
Nexus Uranium Corp. has acquired the Deadhorse uranium project in South Dakota through staking, adding 17 unpatented lode mining claims covering roughly 340 acres with full ownership and no underlying royalties. Located within three miles of its flagship Chord uranium project in the historic Edgemont uranium district, the move consolidates Nexus’s land position in a region with documented past uranium production and aligns with its strategy to advance a potential in-situ recovery (ISR) operation and strengthen its role in U.S. domestic uranium supply, while building scale across its broader North American exploration portfolio.
More about Nexus Uranium
Nexus Uranium Corp. is a Canadian exploration company focused on uranium projects in North America. Its U.S. portfolio includes the Chord, Wolf Canyon and Deadhorse projects in South Dakota and the South Pass project in Wyoming, with the Great Divide Basin project in Wyoming under option to Canamera Energy Metals. In Canada, the company holds the Mann Lake project in Saskatchewan’s Athabasca Basin, targeting uranium resources in established and emerging nuclear fuel districts.
Average Trading Volume: 116,419
Technical Sentiment Signal: Hold
Current Market Cap: C$27.67M
See more data about NEXU stock on TipRanks’ Stock Analysis page.