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Nexus Uranium ( (TSE:NEXU) ) has shared an announcement.
Nexus Uranium Corp. has acquired the Deadhorse uranium project in South Dakota via claim staking, securing 17 unpatented lode mining claims covering roughly 340 acres with full ownership and no underlying royalties. Located within three miles of its flagship Chord project in the historic Edgemont uranium district, the deal consolidates Nexus’s land position in a region with documented sandstone-hosted uranium production and supports its strategy to develop a standalone in-situ recovery uranium operation in South Dakota, potentially strengthening its role in addressing U.S. uranium supply security and enhancing value across its North American asset 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 and Great Divide Basin projects in Wyoming, while in Canada it holds the Mann Lake project in Saskatchewan’s Athabasca Basin, targeting prospective uranium districts tied to the nuclear energy market.
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.