Announcement Date: 2022-04-11
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Nexus Minerals Ltd.
Project name: Wallbrook
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 10.45m @ 1.82g/t Au from 732m
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 assay results from 4 diamond drill holes completed at the Crusader – Templar Prospect, within the Company’s Wallbrook gold project in WA The deep diamond drilling program will continue to test for mineralised zones at around the 600m level, with the aim of “tagging” the mineralisation at this depth along the full extent of the 1.6km strike. Currently the strike is being tested with broad spaced, deep diamond drill holes approximately 200m apart, with 4 holes completed to date – DDH#2, DDH#5, DDH#6 and DDH #10 (assays pending). The diamond drill program will also be testing The gold mineralisation intersected in the deep diamond holes has confirmed the altered mineralised quartz porphyry unit continues from near surface to depths in excess of 600m vertically. The RC and diamond drilling completed to date across the entire 1.6km of strike at Crusader-Templar has shown excellent strike and depth continuity to the mineralisation. Figures 1 and 2 below are cross sections showing all drill holes across the Crusader (800m strike) and Templar (800m strike) prospects that make
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