Core Viewpoint - Nexus Uranium Corp. is advancing the permitting process for the Chord Uranium Project in South Dakota through both state and federal pathways, aiming for efficient execution of drilling programs upon receiving approvals [1][2][3]. State (Section 36) Permitting - The Exploration Notice of Intent (EXNI) application for state lands has progressed through reviews and consultations, with a Board of Minerals & Environment hearing scheduled for January 2026 [2]. - The state authorization will be issued post-hearing, subject to conditions and bonding requirements [2]. Federal (USFS) Permitting - The Plan of Operations for the federal lands was accepted on November 27, 2024, and a Memorandum of Understanding (MOU) with the U.S. Forest Service (USFS) was executed on July 15, 2025 [3]. - Public scoping for the federal process is expected to begin in October 2025, with a proposed program involving up to 17 drill holes and a maximum hole depth of approximately 700 feet [3]. Chord Project Overview - The Chord Project encompasses approximately 3,640 contiguous acres in the southern Black Hills, combining unpatented lode claims and a state mineral lease [4]. - The project is located near enCore Energy's Dewey Burdock ISR uranium project, which has recently received regulatory approvals, potentially benefiting regional development [4][6]. Other Corporate Updates - Nexus completed the acquisition of Basin Uranium Corp. on September 16, 2025, consolidating its U.S. portfolio and continuing permitting efforts at the Chord Project [7]. - An updated NI 43-101 technical report for the Chord Project was filed on September 19, 2025, and is available on the company's SEDAR+ profile [7].