| Announcement Date: | 2022-08-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Nexus Minerals Ltd. |
| Project name: | Wallbrook |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 61m @ 1.6g/t Au from 28m |
| 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 further significant broad high-grade gold assay results from reverse circulation (RC) drilling completed at the Crusader – Templar Prospect, within the Company’s Wallbrook Gold Project in the eastern goldfields of Western Australia. Nexus drill campaigns have concentrated on a mineralised corridor 1.6km in length and some 300m wide, with the drilling being undertaken on Nexus’ 100% owned granted mining tenements. With all assays now received from recent RC drilling at the Crusader-Templar Prospect, a mineralised system of over 1.6km strike length has clearly emerged, comprised of multiple parallel lodes across a zone some 300 metres wide. The system remains open to the north and high-grade shoots remain open at depth. This is particularly significant given the Crusader-Templar Prospect falls on the southern end of an under-explored and highly prospective corridor which incorporates the Solomon and Branches Prospects located up to 3km along strike to the north (see ASX release 24/05/2022 for previous high-grade Solomon and Branches drill results). These recent Crusader-Templar RC drill results have again confirmed ongoing grade continuity through the corridor, whilst also offering extensions to previously mapped mineralised porphyry units. Gold mineralisation displays a clear association with a porphyry intrusive swarm |
| Read More |
Pricing Plans
We are a SaaS business and access to announcements and data is by subscription. We offer monthly subscriptions and discounts for annual payments.
Standard
$
10
Per Month
Stay up to date with the global mining industry.
- The Opaxe Review
- Search using Explore
- 40,000 company announcements
- Access announcements older than 7 days only
Essential
$
50
Per Month
Our most popular plan, great for: Small Investors, and Mining Suppliers
- All Standard plan features; plus
- New business opportunities every day
- Customizable filters and search results
- The Opaxe Index
- Export search results to your own system
- Company pages & other announcements
Premium
$
100
Per Month
Comes with Alerts and lots of data, perfect for: Mining Companies, Consultants, and Share Traders
- All Essential plan features; plus
- Announcement Alerts and Notifications
- Drilling result comparisons
- Downloadable intercept data
- Resources and reserves data