Ann: Investor Presentation, page-35

in SH just now

Nexus Minerals (ASX:NXM)managing director Andy Tudor

Nexus owns the Wallbrook project in WA where it is exploring for gold in the vicinity of Carosue Dam gold mine and has a host of critical minerals projects on the east coast, recently becoming NSW’s largest tenement holder with a 15,000sqkm pegging expedition over LCT aNorthern Star Resources’ (ASX:NST)nd tin prospects in the Lachlan Orogen’s Wagga-Omeo Zone.

“The confidence has left the market a little bit only because critical minerals which we’re all wanting to be a part of is going to share the limelight going forward,” Tudor said.

“We’ve had this over the years, gold stays the solid marker of the industry and then there are forays into other parts of the market and minerals that are flavour of the month almost.

“But I think critical minerals have been assisting getting investment back into the minerals space, at least getting it away from medical marijuana and other spaces that don’t benefit the mining industry at all was a huge plus.

“Now our investors here and shareholders, I think they’re all getting very excited about it. This ceiling that gold’s been held under has been under so much pressure to break and move forward and they’re all looking at a US$3000/oz gold price and focusing on (what happens) once it goes.

“The world is only getting to be a worse place and not a better place, and that way the gold price should stay strong as it’s traditionally been strong.

“I think it’s been problematic since the GFC even, a lot of the graphs which have made sense don’t make sense anymore and I think that’s why it’s been a bit of a struggle for gold to break through US$2000/oz, everyone’s been a bit scared almost about where it could go.

“I think it’s fantastic for gold, fantastic for investors and Nexus is an advanced gold explorer so we’re certainly happy about it.”