NXM nexus minerals limited

Based on this latest set of results I think there are now enough...

  1. 3,257 Posts.
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    Based on this latest set of results I think there are now enough drill holes in the North of Crusader/Templar to create an ‘indicated’ resource estimate covering around 250mtr wide by 300mtr long by 250mtr deep. I’ve highlighted these sections in purple below. You could probably make the similar case for that southern area (highlighted in green)… but might rely on some more drilling results (I’m not sure on what area of ‘Crusader/Templar’ the outstanding assays are located).

    At the very least I think there is enough data for at least some ‘indicated’ resource (perhaps even a little bit of measured?) and a substantial ‘inferred’ resource to be calculated.

    Also a key note here is that this resource is very shallow (and still continuing at depth) so literally some of the first shovels of dirt (from an Open Pit) could be put through the mill for processing.

    https://hotcopper.com.au/data/attachments/4572/4572908-501a65c8056e698c0a0ccee18ff80ef0.jpg



 
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