NXM nexus minerals limited

It only gets better with each announcement. While the whole area...

  1. 3,284 Posts.
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    It only gets better with each announcement. While the whole area is developing into a Major Gold Camp, I particularly appreciated these statements from the MD Andy Tudor.

    - The Company will update the drilling database and commence initial resource modelling work, which will be integral in planning the next significant drill program being planned to commence in October.

    - The system remains open to the north and high-grade shoots remain open at depth. This is particularly significant given the Crusader-Templar Prospect falls on the southern end of an under-explored and highly prospective corridor which incorporates the Solomon and Branches Prospects located up to 3km along strike to the north (see ASX release 24/05/2022 for previous high-grade Solomon and Branches drill results).

    - Company geologists are now focused on interpretation of all recently acquired data in conjunction with industry leading consultants Snowden-Optiro. Data will be reviewed for inclusion in a Mineral Resource Estimate and pit design optimisation studies, whilst also designing future drill programs to further build scale of this very large gold system.

 
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Last
7.9¢
Change
0.002(2.60%)
Mkt cap ! $47.69M
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7.7¢ 8.0¢ 7.6¢ $65.23K 824.4K

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Last trade - 15.31pm 20/06/2025 (20 minute delay) ?
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