Nexus Uranium Continues South Dakota Expansion with RC Uranium Claims Acquisition

Executive Summary

• Nexus Uranium Corp. announced the staking‑based acquisition of the RC uranium project in Fall River County, South Dakota – its second adjacent land purchase within a week.
• The RC project adds 40 unpatented lode claims (~800 acres) located less than one mile from Nexus’s flagship Chord project, bringing total new acreage acquired in January 2026 to 1,140 acres.
• Combined with prior holdings, the company now controls approximately 6,380 acres of uranium‑prospective land in South Dakota, reinforcing its position in the historic Edgemont/Black Hills uranium district.

Key Details

• Acquisition method: Staking; fully owned with no underlying royalties.
• RC project composition: 40 unpatented lode mining claims covering ~800 acres.
• Proximity to existing assets: <1 mile from the Chord uranium project (Nexus’s flagship).
• January 2026 land additions:
• RC project – 800 acres (40 claims)
• Deadhorse acquisition (previous week) – 17 claims, ~340 acres
• Total new acreage in Jan 2026: ~1,140 acres.
• Total South Dakota holdings after acquisitions: Approximately 6,380 acres across Chord, Wolf Canyon, Deadhorse, and RC projects.
• Geological context: Located within the historic Edgemont uranium district of the Black Hills; part of the Inyan Kara Group sandstone‑hosted system that historically produced ~3.2 million lb U₃O₈.
• Exploration outlook: Nexus will evaluate additional opportunities and continue exploration on RC, leveraging its proximity to Chord’s known mineralization trends (Cretaceous sandstones, paleochannel systems).
• Qualified Person review: Technical content approved by Warren D. Robb, P.Geo., director and QP under NI 43‑101.

Notable Quotes

“Following last week's Deadhorse acquisition, the RC staking extends our consolidation of the lands immediately adjacent to Chord… RC represents the most proximal acquisition to date and reinforces our confidence in the district's exploration upside.” – Jeremy Poirier, CEO, Nexus Uranium Corp.