RC/Deadhorse, USA – Nexus Uranium

 

CSE:NEXU

 

 

OTC:NEXUF

 

 

FRA:JA7

 

RC/Deadhorse, USA

Project Phase:

Exploration

Commodity:

Uranium

Size:

1,040 acres (combined)

Location:

Fall River County, South Dakota

Project Overview

The RC project comprises 40 unpatented lode mining claims totaling approximately 800 acres, located within one mile of the company’s flagship Chord uranium project in Fall River County, South Dakota.

The Deadhorse project comprises 17 unpatented lode mining claims totaling approximately 340 acres, located within three miles of the Company’s flagship Chord uranium project in Fall River County, South Dakota

The claims are located in the located in the historic Edgemont uranium district, part of the broader Black Hills region which has documented historical uranium production from sandstone-hosted deposits in the Inyan Kara Group of approximately 3.2 million pounds  of U3O8. The claims cover prospective ground within the same geological setting as the adjacent Chord project, where uranium mineralization is associated with Cretaceous-age sandstones and paleochannel systems within the Inyan Kara Group.