NXM 2.56% 4.0¢ nexus minerals limited

Ann: Crusader-Templar Updated MRE Expands to over 300,000oz Gold, page-68

  1. 146 Posts.
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    Agree. They are testing in the field with XRF. So while they can't release that to market, they should have a reasonable idea of what each hole is.

    If you drill three holes and each one is ok, but not mineralised any better - why would you drill a fourth without more data? if the 'mineralisation' was increasing or decreasing you could give a rough guess of where to plug your next whole, but if there is a lack of clarity. Stop, get the assays, interpret the hell out of them, and plan where to drill next. The cores could indicate that they were drilling 500m to the East of where they should have been (just a wild example).

    I am expecting some interesting results, with the potential for more, but nothing wild and blow your mind. I antiicpate that they will need to interpret before drilling further. No real push on the SP either way...
 
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