Finalization Of Plans For Phase 1 Drilling At Wray Mesa

VANCOUVER — Nexus Uranium Corp. announced the finalization of its Phase 1 Drill Program at the Wray Mesa uranium project in Utah. The Company has engaged Harrison Land Services LLC of Moab, Utah for an initial six-hole drill program totaling 3,600 feet of reverse circulation (RC) and diamond core drilling. The program is expected to take approximately 45 days to complete and is anticipated to commence later this quarter. The drilling will initially focus on the Dylan target area and is within the permitted area issued by the State of Utah Department of Natural Resources Division of Oil, Gas and Mining.

"The initial program will focus on confirming high-grade historical drill results in addition to extending the strike length of known mineralized zones," said, Jeremy Poirier, CEO. "The program has been designed to allow for flexibility to expand based on initial results as we are fully-permitted to drill up to 50 holes."

The drill program will use reverse circulation drilling to prepare the hole to target depth with diamond core used for intersecting the mineralized zones. This provides for both cost efficiency but also provides valuable insights on geology, stratigraphy, and orientation as well as allowing for the investigation of the potential for vanadium mineralization which was previously untested by historic drilling. Highlights from historical drilling includes 7.0 feet grading 0.94% eU3O8 (WMD-08-031), 5.0 feet grading 0.98% eU3O8 (WMD-260-80), and 4.2 feet grading 0.52% eU3O8 (W-07-004).

The Wray Mesa project is comprised of 6,282 acres and has seen extensive historical exploration dating back to the 1980's with over 500 holes drilled outlining four principal mineralized zones: Dylan, Ajax, Whiskey and Carlin. Mineralization on the property occurs at depths of 500 to 750 feet with the drill-defined mineralization ranging from 25 to 75 feet. Mineralization is typical sandstone-hosted tabular deposits wherein the uranium occurs in reduced and altered sandstones and sandstone-mudstones in major stream channels in the Upper Salt Wash Member of the Morrison Formation.