Announcement Date: 2021-12-21
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Nexus Minerals Ltd.
Project name: Wallbrook
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 71m @ 2.06g/t Au from 25m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Nexus Minerals Limited (ASX: NXM) (Nexus or the Company) is pleased to announce high-grade assay results from recent drilling at the Crusader – Templar Prospect, within the Company’s Wallbrook gold project in WA. The location plan in Figure 1 and the long section in Figure 2 show the 1.6km strike extent of the CrusaderTemplar Prospects. Figure 2 shows the limited amount of drilling undertaken to date and the opportunity that exists both within the known strike distance and also at depth. As more drilling is completed as part of the current 30,000m RC program (9,775m completed to date), the density of drilling will increase and internal characterisitcs to the mineralisation including internal plunge geometry to the mineralisation will mature. Nexus has planned a follow-up 40,000m RC and 6,000m diamond program to commence following completion of the current 30,000m RC program.
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