NXM nexus minerals limited

Definitely well overdue an update. baring some sort of epic...

  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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