They were doing wide spaced shallow AC drilling along the initial discoveries. It's how greenfield exploration works. NXM has discovered shallow, decent grade gold along strike from initial discoveries. Next step is to refine targets (direction of mineralisation, depth, etc) then get into deeper RC drilling just like at Payns right now.
Notice how the company has discontinued MC5.4 because results were bad, it's how target development and selection goes.
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NXM
nexus minerals limited
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7.2¢

They were doing wide spaced shallow AC drilling along the...
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Last
7.2¢ |
Change
-0.002(2.70%) |
Mkt cap ! $43.47M |
Open | High | Low | Value | Volume |
7.2¢ | 7.4¢ | 7.1¢ | $24.30K | 336.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 88037 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.6¢ | 90000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 88037 | 0.072 |
1 | 99830 | 0.071 |
1 | 7247 | 0.069 |
1 | 40000 | 0.067 |
3 | 330800 | 0.065 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 90000 | 1 |
0.080 | 70000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.086 | 12000 | 1 |
Last trade - 15.42pm 25/06/2025 (20 minute delay) ? |
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