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Nexus Uranium ( (TSE:NEXU) ) just unveiled an announcement.
Nexus Uranium Corp. announced that the U.S. Forest Service has confirmed public scoping will begin in mid-January 2026 for the federal lands component of its Chord Uranium Project in Fall River County, South Dakota, marking the transition into the formal NEPA public review phase. The company has already cleared several permitting milestones, including acceptance of its Plan of Operations, a memorandum of understanding with the USFS, pre-scoping consultations, and preparation of technical reports, and expects scoping to conclude by mid-July 2026, potentially under a categorical exclusion given the modest scale of the proposed 17-hole drilling program. With a state mineral board hearing pending and specialist environmental reports underway, Nexus views 2026 as a pivotal year for advancing Chord, which lies in a historic uranium district near enCore Energy’s Dewey Burdock project, underscoring the project’s strategic location and signaling meaningful progress for stakeholders tracking the company’s U.S. uranium development pipeline.
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 and Wolf Canyon projects in South Dakota, the South Pass project in Wyoming, and the Wray Mesa project in Utah, while in Canada it holds the Mann Lake project in Saskatchewan’s Athabasca Basin. The company also has its Great Divide Basin project in Wyoming under option to Canamera Energy Metals Corp., positioning Nexus as an active player in advancing early-stage uranium assets across key North American jurisdictions.
Average Trading Volume: 48,125
Technical Sentiment Signal: Hold
Current Market Cap: C$17.28M
Find detailed analytics on NEXU stock on TipRanks’ Stock Analysis page.

