Nexus Uranium Provides U.S. Permitting Update for the Chord Project, South Dakota
Nexus Uranium Corp. (OTCQB: GIDMF) provided an update on the permitting progress for its Chord Uranium Project in South Dakota. The company is pursuing dual permitting pathways: state lands under South Dakota DANR and federal lands under USFS.
Key developments include: state hearing scheduled for January 2026, federal Plan of Operations accepted, and an MOU established with USFS. The project spans 3,640 contiguous acres near Edgemont, combining 147 unpatented lode claims and state mineral lease. The federal program proposes up to 17 drill holes with 1.4 acres of surface disturbance.
Additionally, Nexus completed its acquisition of Basin Uranium Corp. on September 16, 2025, while the Cree East project in Saskatchewan has reverted to CanAlaska Uranium Ltd.
Nexus Uranium Corp. (OTCQB: GIDMF) ha fornito un aggiornamento sui progressi dei permessi per il Chord Uranium Project in South Dakota. L'azienda sta perseguendo percorsi di autorizzazione duali: terreni statali secondo South Dakota DANR e terreni federali secondo USFS.
Errori principali includono: udienza statale prevista per gennaio 2026, Piano di Operazioni federale> accettato e MOA instaurato con USFS. Il progetto si estende su 3.640 acri contigui vicino a Edgemont, combinando 147 rivendicazioni non brevettate e un contratto di leasing minerale statale. Il programma federale propone fino a 17 pozzi con 1,4 acri di disturbo superficiale.
Inoltre, Nexus ha completato l'acquisizione di Basin Uranium Corp. il 16 settembre 2025, mentre il progetto Cree East in Saskatchewan è ritornato a CanAlaska Uranium Ltd.
Nexus Uranium Corp. (OTCQB: GIDMF) proporcionó una actualización sobre el progreso de permisos para su Chord Uranium Project en Dakota del Sur. La compañía está gestionando dos vías de permisos: terrenos estatales bajo South Dakota DANR y terrenos federales bajo USFS.
Los desarrollos clave incluyen: audiencia estatal programada para enero de 2026, se aceptó el Plan de Operaciones federal y se estableció un MOA con USFS. El proyecto abarca 3.640 acres contiguos cerca de Edgemont, combinando 147 reclamaciones no patentadas y un arrendamiento minero estatal. El programa federal propone hasta 17 sondeos con 1,4 acres de perturbación superficial.
Además, Nexus completó la adquisición de Basin Uranium Corp. el 16 de septiembre de 2025, mientras que el proyecto Cree East en Saskatchewan ha vuelto a CanAlaska Uranium Ltd.
Nexus Uranium Corp. (OTCQB: GIDMF)는 사우스다코타주 Chord Uranium Project의 허가 진행 상황에 대한 업데이트를 제공했습니다. 회사는 두 가지 허가 경로를 추구하고 있습니다: 주 토지(사우스다코타 주 DANR)와 연방 토지(USFS).
주요 발전 사항으로는 2026년 1월로 예정된 주 청문회, 연방 운영 계획 계획이 승인되었고 USFS와의 양해각서(MOU)가 체결되었습니다. 프로젝트는 Edgemont 인근의 3,640에이커 연속 면적를 포함하며, 특허하지 않은 147건의 광업권과 주의 토지 채굴 임대권을 결합합니다. 연방 프로그램은 최대 17개의 시추 구멍과 표면 교란 1.4에이커를 제안합니다.
또한 Nexus는 2025년 9월 16일에 Basin Uranium Corp.의 인수를 완료했으며, Saskatchewan의 Cree East 프로젝트는 CanAlaska Uranium Ltd.로 이관되었습니다.
Nexus Uranium Corp. (OTCQB: GIDMF) a fourni une mise à jour sur l’avancement des permis pour son Chord Uranium Project dans le Dakota du Sud. L’entreprise poursuit deux voies d’autorisation: les terrains étatiques sous South Dakota DANR et les terrains fédéraux sous USFS.
Les développements clés comprennent : audience étatique prévue en janvier 2026, le Plan d’Opérations fédéral accepté et un MOU établi avec l’USFS. Le projet s’étend sur 3 640 acres contigus près d’Edgemont, combinant 147 claims non brevetés et une concession minière d’État. Le programme fédéral prévoit jusqu’à 17 forages avec 1,4 acres de perturbation de surface.
De plus, Nexus a conclu l’acquisition de Basin Uranium Corp. le 16 septembre 2025, tandis que le projet Cree East en Saskatchewan est revenu à CanAlaska Uranium Ltd.
Nexus Uranium Corp. (OTCQB: GIDMF) hat ein Update zum Genehmigungsfortschritt für das Chord Uranium Project in South Dakota gegeben. Das Unternehmen verfolgt zwei Genehmigungswege: staatliche Flächen unter South Dakota DANR und bundesstaatliche Flächen unter USFS.
Zu den wichtigsten Entwicklungen gehören: eine staatliche Anhörung im Januar 2026, der bundesstaatliche Betriebsplan wurde akzeptiert, und es wurde ein MOA mit der USFS vereinbart. Das Projekt erstreckt sich über 3.640 zusammenhängende Acres in der Nähe von Edgemont, und kombiniert 147 unpatentierte Claims mit einer staatlichen Bergbaulizenz. Das Bundesprogramm sieht bis zu 17 Bohrlöcher mit 1,4 Acres Bodenstörung vor.
Darüber hinaus hat Nexus die Übernahme von Basin Uranium Corp. am 16. September 2025 abgeschlossen, während das Cree East-Projekt in Saskatchewan an CanAlaska Uranium Ltd. zurückgefallen ist.
Nexus Uranium Corp. (OTCQB: GIDMF) قدمت تحديثاً حول تقدم تصاريح لمشروعها Chord Uranium Project في ولاية داكوتا الجنوبية. تسعى الشركة لمسارين مزدوجين للتصاريح: الأراضي الحكومية بموجب DANR داكوتا الجنوبية والأراضي الفيدرالية بموجب USFS.
وتشمل التطورات الرئيسية: الجلسة الحكومية المجدولة يناير 2026، قبول خطة العمليات الفيدرالية، وتوقيع مذكرة تفاهم مع USFS. يمتد المشروع على 3,640 فداناً متجاوراً بالقرب من Edgemont، جامعاً 147 مطالبة غير patentية وعقد استغلال معدني حكومي. يقترح البرنامج الفيدرالي حتى 17 حفره مع ت disturbance سطحية قدرها 1.4 فدان.
بالإضافة إلى ذلك، أكملت Nexus استحواذها على Basin Uranium Corp. في 16 سبتمبر 2025، بينما عاد مشروع Cree East في Saskatchewan إلى CanAlaska Uranium Ltd.
Nexus Uranium Corp. (OTCQB: GIDMF) 就其在南达科他州的 Chord Uranium Project 的许可进展提供了更新。公司正在推进双轨许可：州政府土地（南达科他州 DANR）和联邦土地（USFS）。
关键进展包括：州听证会定于2026年1月，联邦行动计划已被接受，并与 USFS 建立了谅解备忘录（MOU）。项目位于 Edgemont 附近，覆盖 3,640 亩连续土地，包含 147 宗未专利权利要求及州矿产租赁。联邦计划提出 最多 17 个钻孔，表面扰动面积为 1.4 英亩。
此外，Nexus 已于 2025 年 9 月 16 日 完成对 Basin Uranium Corp. 的收购，而 Saskatchewan 的 Cree East 项目已回归 CanAlaska Uranium Ltd。
- Dual permitting pathways advancing simultaneously for state and federal lands
- Plan of Operations accepted by USFS with established MOU
- Strategic location near enCore Energy's Dewey Burdock ISR uranium project
- Successful completion of Basin Uranium Corp. acquisition strengthening U.S. portfolio
- Extended permitting timeline with state hearing scheduled for Q1 2026
- Project subject to potential regulatory delays and appeal periods
- Cree East project in Saskatchewan lost through reversion to vendor
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Nexus Uranium Corp. (CSE: NEXU) (OTCQB: GIDMF) (FSE: 3H1) ("Nexus" or the "Company") provides an update on permitting for the Chord Uranium Project in Fall River County, South Dakota. Two parallel pathways are advancing: (i) state lands (Section 36) under the South Dakota Department of Agriculture & Natural Resources (DANR) via an Exploration Notice of Intent (EXNI), with a Board of Minerals & Environment hearing scheduled for January 2026; and (ii) federal lands administered by the U.S. Forest Service (USFS) under the National Environmental Policy Act (NEPA), where the Plan of Operations has been accepted and a Memorandum of Understanding (MOU) is in place to guide the NEPA process. Public scoping on the federal process is expected to begin in October 2025.
"Our focus is having permitting on Section 36 completed in Q1 while advancing the federal NEPA review under the USFS MOU," said Jeremy Poirier, Chief Executive Officer. "We are coordinating the two processes so that, if approvals are granted, we can efficiently execute a low-disturbance high-value first-pass drill program."
State (Section 36) Permitting
The EXNI application progressed through completeness reviews and agency consultations, including cultural and environmental field surveys. Following DANR's completeness determination in April 2025, an affidavit was published; a site inspection and the petition-to-intervene deadline occurred on May 14, 2025. After a scheduling request in July and a postponement in August, the Board of Minerals & Environment hearing is scheduled to occur early in Q1. If approved, the state authorization would be issued following the hearing, subject to conditions, bonding, and any appeal periods. Additional quantitative program details for Section 36 will be provided once confirmed.
Federal (USFS) Permitting
For the October Jinx area on USFS land, the Plan of Operations was accepted on November 27, 2024. Nexus (through subsidiary Clean Nuclear Energy Corp.) and the USFS executed an MOU on July 15, 2025, to conduct the NEPA review and set communication protocols and third-party contractor scope. Pre-scoping meetings have been held; public scoping is anticipated to begin in October 2025. The proposed program provides for up to 17 drill holes, with four holes convertible to cased groundwater monitoring wells; maximum hole depth of approximately 700 feet; total surface disturbance of about 1.4 acres; access via existing roads; no new road construction; completion within one year with full reclamation. Based on the scope, USFS has indicated the project may be reviewed under the categorical exclusion at 36 CFR 220.6(e)(8), with elevation to an Environmental Assessment if extraordinary circumstances are identified. Following USFS approval, the project will continue through the state EXNI permitting process.
Chord project overview. Chord comprises approximately 3,640 contiguous acres in the southern Black Hills near Edgemont, combining 147 unpatented lode claims (~3,037 acres) with South Dakota State Mineral Lease No. 27CS230448 (~638 acres), including a small overlap area. Mineralization is sandstone-hosted within the Lakota and Fall River formations in the historic Edgemont uranium district. The project is approximately three miles southeast of enCore Energy's Dewey Burdock ISR uranium project. On September 16, 2025, enCore disclosed that the U.S. Environmental Protection Agency's Environmental Appeals Board denied in full a petition for review challenging the project's Class III and Class V Underground Injection Control permits, confirming those permits and enabling the project to advance through federal permitting. enCore also reported the project's inclusion in the federal FAST-41 program on August 28, 2025. Dewey Burdock's progress follows more than a decade of permitting and litigation and provides important regulatory context for ISR development in the district. If Dewey Burdock is constructed, potential regional synergies may emerge over time, including agency familiarity with ISR, a skilled workforce, and opportunities for shared infrastructure or services, subject to commercial arrangements and permitting outcomes (source: enCore Energy Corp).
Other Corporate Updates
Nexus completed its plan of arrangement to acquire Basin Uranium Corp. on September 16, 2025, consolidating the U.S. portfolio under Nexus and continuing permitting at the Chord Project through Clean Nuclear Energy Corp. The Company has voluntarily filed an updated NI 43-101 technical report for the Chord Project updated to September 19, 2025 which is available under the Company's SEDAR+ profile (www.sedarplus.ca). The Cree East project in Saskatchewan, previously under option/earn-in, has reverted to the vendor, CanAlaska Uranium Ltd.
About Nexus Uranium Corp.
Nexus Uranium is a Canadian uranium exploration company focused on mineral exploration and development in the green energy sector. The Company holds five uranium projects in the United States: Chord and Wolf Canyon in South Dakota; South Pass and Great Divide Basin in Wyoming; and Wray Mesa in Utah. These projects have seen extensive historical exploration and are located in prospective development areas. Nexus also holds the Mann Lake uranium project in the Athabasca Basin of northern Saskatchewan, Canada.
The technical content of this news release has been reviewed and approved by Warren D. Robb, P.Geo. (BC), a Director and VP Exploration of Nexus Uranium Corp. and a Qualified Person under National Instrument 43-101.
FOR FURTHER INFORMATION PLEASE CONTACT:
Jeremy Poirier
Chief Executive Officer
info@nexusuranium.com
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking statements within the meaning of applicable Canadian securities laws. , including statements regarding permitting timelines and outcomes for the Section 36 EXNI and the USFS NEPA process, timing of public scoping and hearings, potential approvals and authorizations, the scope and timing of proposed exploration activities and potential regional synergies arising from nearby projects. Forward-looking statements are based on management assumptions considered reasonable as of the date hereof, including the current regulatory frameworks of DANR and the USFS, indicative schedules for agency reviews and hearings, availability of contractors, bonding and funding, and constructive stakeholder engagement. Actual results may differ materially due to risks and uncertainties, including changes in law, policy, or interpretation; outcomes of completeness reviews and public comments; identification of extraordinary circumstances under NEPA; scheduling changes to scoping or hearings; appeals or interventions; surface-access constraints; bonding and reclamation requirements; environmental, social or community considerations; and market conditions. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Nexus undertakes no obligation to update forward-looking statements except as required by law.
Such statements are based on assumptions and factors considered reasonable as of the date they are made, including management's current expectations, exploration plans, geological interpretations, and market conditions. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied. These risks include, but are not limited to: delays in obtaining necessary permits, changes in exploration or project plans, availability of capital and financing, regulatory developments, adverse weather or logistical challenges, and risks inherent to the mineral exploration industry.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267781
FAQ
What is the current status of Nexus Uranium's (GIDMF) Chord Project permitting?
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