Golden Independence Mining (TSE:NEXU) has released an update.
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Nexus Uranium Corp. is set to begin fieldwork at the Cree East uranium project in Canada’s Athabasca Basin, aiming to earn up to a 75% interest in partnership with CanAlaska Uranium Ltd. This marks a renewed exploration effort after a twelve-year hiatus since 2012, with over $20 million previously invested in the project. The company is also advancing other projects, including a uranium-vanadium project in Utah and several precious metals projects, with a notable PEA for its Independence mine suggesting low-cost gold production.
For further insights into TSE:NEXU stock, check out TipRanks’ Stock Analysis page.