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Nexus Uranium Granted Multi Year Drill Permit for Cree East
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the "Company" or "Nexus") is please
About this update from Nexus Uranium Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) (the \"Company\" or \"Nexus\") is pleased to announce the receipt of a three-year exploration permit from the Saskatchewan Ministry of Environment for the Cree East uranium project in the Athabasca Basin of Saskatchewan, Canada (the \"Cree East\" or the \"Project\"). Nexus has the right to earn up to a 75% interest in the Project from CanAlaska Uranium Ltd. (\"CanAlaska\") (TSX: CVV). The permit, including the Ministry of Environment Crown Land Work Authorization, was issued under CanAlaska Uranium Ltd. and are valid through July 31st, 2027. The permit allows the Company to conduct mineral exploration activities including geophysics and drilling, in addition to the construction of camps to facilitate the various planned programs. The Company is currently reviewing data to finalize targets for an upcoming drill program. A successful fieldwork program was completed in July which included the relogging of drill core which will be combined with the reinterpretation of prior airborne and ground geophysical surveys currently being conducted by Condor Consulting Inc., is nearing completion. Subsequent to which, the Company will finalize the location of drill targets. \"The receipt of permits ahead of expectations is a testament to the team our partners at CanAlaska have assembled and the relationship they have fostered with both the various First Nations groups and the Saskatchewan Government\" commented Jeremy Poirier, CEO of Nexus Uranium. \"We look to finalize drill targets for our upcoming drill program on the receipt of the reinterpreted geophysical data.\" 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 and the Wray Mesa uranium-vanadium project in Utah in addition to its precious metals portfolio that includes the development-stage Independence mine located adjacent to Nevada Gold Mine's Phoenix-Fortitude mine in Nevada, 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 $20 million in exploration to date...