Nexus Boosts Stake in Promising Nevada Gold Project

Golden Independence Mining Corp. (TSE:NEXU) has released an update.

Nexus Uranium Corp. has marginally increased its stake in the Independence gold project in Nevada to 51.11%, following a partner’s failure to meet a payment deadline. The project, situated in a top-tier mining jurisdiction, boasts significant gold and silver resources and potential for low-cost heap-leach gold production. A recent economic assessment suggests the project could be highly profitable, especially with the current robust gold prices.

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