NXM nexus minerals limited

Ann: Appendix 3B, page-47

  1. 2,796 Posts.
    Definitely well overdue an update. baring some sort of epic catastrophe, drilling should have been finished a couple of weeks ago - you can typically drill a 300m RC hole in a day, and they will be drilling 7 days a week.

    Therefore worst case scenario (assuming hold ups, which are very common), should have been completion by the end of November as stated in the last announcement.

    One thing I just picked up on is the fact that the both grade and width appears to be increasing at depth.

    Note I say "appears" though, as the increased width could simply be the result of a change in orientation of the mineralised structure which gives rise to a thicker "apparent" intercept, but these next batch of results should make this more clear.

    Watching with interest.
 
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