Ann: Near Surface Hi-Grade Gold Intersections at Crusader-Templar, page-2

Crusader-Templar Prospect Highlights

➢ Crusader-Templar drilling intersects near surface broad high-grade
gold including:

➢ 20m @ 2.83g/t Au (within 55m @ 1.47g/t Au from 17m)
➢ 9m @ 5.02g/t Au (within 36m @ 1.65/t Au from 84m)
➢ 5m @ 6.38g/t Au (within 9m @ 3.85g/t Au from 78m)
➢ 13m @ 2.46g/t Au and 5m @ 4.75g/t Au (within 19m @ 1.82g/t
Au from 71m)
➢ Assay results from 43 RC holes for 7,818m received
➢ Recent shallow RC drilling results successfully intersect oxide gold
➢ Multiple sub-vertical mineralised porphyry units mapped from near
surface to >600m depth along full 1.6km strike mineralised corridor
➢ Significant Assay Results include:
Shallow Oxide Mineralisation <100m:
➢ 20m @ 2.83g/t Au (within 55m @ 1.47g/t Au from 17m);
➢ 9m @ 5.02g/t Au (within 36m @ 1.65/t Au from 84m);
➢ 5m @ 6.38g/t Au (within 9m @ 3.85g/t Au from 78m);
➢ 13m @ 2.46g/t Au and 5m @ 4.75g/t Au (within 19m @ 1.82g/t
Au from 71m);
➢ 5m @ 3.95g/t Au (within 10m @ 1.37g/t Au from 8m);
➢ 8m @ 2.49g/t Au (within 25m @ 1.12g/t Au from 47m);
➢ 5m @ 2.61g/t Au (within 16m @ 1.05g/t Au);
➢ 14m @ 1.93g/t Au (within 44m @ 0.93g/t Au from 19m).
Transition Mineralisation 100m-175m:
➢ 4m @ 4.45g/t Au (within 20m @ 1.36g/t Au from 173m);
➢ 9m @ 2.37g/t Au (within 27m @ 1.12g/t Au from 143m);
➢ 11m @ 1.76g/t Au (within 19m @ 1.15g/t Au from 113m);
➢ 15m @ 1.70g/t Au (within 22m @ 1.19g/t Au from 164m).
Nexus Minerals Limited (ASX: NXM) (Nexus or the Company) is pleased
to announce further significant broad high-grade gold assay results from
drilling completed at the Crusader – Templar Prospect, within the
Company’s Wallbrook Gold Project in the eastern goldfields of Western
Australia.