whats not to like . drilling starts in 1 week

Nex Metals Explorations Ltd. moves to purchase a high grade
Copper project in the Lao P.D.R.
Nex Metals Explorations Ltd (Nex Metals) (ASX: NME) is pleased to announce that it has entered into an agreement
to purchase from the Kongchay Siharath Mining Company Limited (KSCM) of the Lao P.D.R. The exploration lease
is known as Area 81 and covers 101 square kilometres and is located approximately 40 kilometres south west of Pan
Aust Ltd successful Phubia Mining project.
This purchase is the first step of a regional strategy by Nex Metals focusing on the acquisition of and exploration
along a known high grade copper structure. Nex Metals is in negotiations with other land holders in the area and the
Government of Lao P.D.R. and will make a further announcement about this in due course.
The lease, Area 81, has extensive exploration and mapping of surface, soil and stream sediment sampling which
defined a high grade copper mineralisation zone called the Phabong Prospect with Silver and Zinc mineralisation in
close proximity.
The data on plan suggests the high grade copper mineralisation, greater than 5%, occurs in a series of discreet riedal
structures, each approximately 100 metres long, on a faulted lithological boundary with Karst limestone outcrops.
The prospect is at the stage where the next step requires drilling, which can be commenced immediately, to prove up
a resource, this drilling will be started as part of the due diligence process, prior to finalization of the purchase.
Nex Metals Explorations Ltd
For Further details please contact
Mr Ken Allen Mr Edd Prumm
Managing Director Technical Director
0448447472 0448966377
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