Permitting And Exploration Plans For The Wray Mesa Project

VANCOUVER - Nexus Uranium Corp. reported the receipt of permits and plans for an upcoming exploration drill program at its Wray Mesa uranium project in Utah. The permits were issued by the State of Utah Department of Natural Resources Division of Oil, Gas and Mining covering the Ajax and Dylan areas for the drilling of up to 50 holes.

"We are excited to move quickly and expedite our inaugural drill program on the Wray Mesa project," said Jeremy Poirier, CEO. "The initial permit allows for a great degree of flexibility, given the scope of the permits, which allows us to expand or modify our initial drill program based on results."

The initial Phase 1 drill program is planned for a total of up to 10 holes over the project area, with a focus on both confirming high-grade historical drill results in addition to extending the known zones of mineralization. The drill program will utilize diamond core drilling for intersecting the mineralized zones which will provide 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).