Key points
Nexus Minerals (NXM) is run by geologist and executive Andy Tudor who has his name against King of the Hills and Bannockburn gold discoveries in WA, as well as multiple gold and porphyry copper discoveries in the Asia-Pacific. He is supported by a well respected and successful board, executive and technical team.
NXM has three projects (Wallbrook, Pinnacles and Mt Celia) in the Eastern Goldfields, WA and one project (Bethanga) in Victoria.
Wallbrook is the flagship project 100% owned, well located ~40 kilometres north of NST’s +5 million-ounce Carosue Dam Operation (CDO).
Contains an emerging +50 kilometre 'gold trend positioned in-between two NST mining centres, with significant gold mineralisation already confirmed at Crusader-Templar, and further upside anticipated at Branches to the north.
The mineralised gold corridor at Crusader-Templar spans +1.6 kilometres of strike (remains open) and displays a mineralised-style similar to that of Karari (CDO) – we conservatively see +1.5-2 million-ounce potential, and continue to be impressed by grade which appears to be improving at depth.
how did they get it so wrong it's still bugging me
conservative 1 to 2 million ounces
just reading through all of the last 2 years of announcements...... they really really really sold this so well!
