NXM 2.44% 4.2¢ nexus minerals limited

Ann: Extensive Hi-Grade Gold Mineralisation Link Crusader-Templar, page-21

  1. 3,611 Posts.
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    What I really like:

    • Drilling at Crusader-Templar intersects broadhigh-grade mineralisation in both shallow and deep drill holes

    Link zone results connects Crusader withTemplar forming a continuous 1.6km mineralised corridor


    Assay results from 43RC holes for 10,003m received


    41 RC drillholes intersect gold mineralisation exhibiting strike and depth continuity



    If Branches and Solomon come up with the goods this will be a massive corridor. :

    Initial RC drill programs completed at Solomon and Branches prospects – results are pending



    The market cap is just under $100m. I wonder how many producers are running the ruler over NXM at the moment given the results to date? Extension of ground and reserves going forward are always important. Explorers that are producing consistent results that have reasonable MCs are attractive.

 
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