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6.98% 4.6¢ nexus minerals limited

Ann: Nexus Wallbrook Regional Drilling Commences, page-10

  1. Fredwah
    638 Posts.
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    05/06/23
    21:37
    Post #: 68142322
    I'd debate the cost efficiency of increasing the JORC ozs at Wallbrook.

    ASX ANNOUNCEMENT 8 July 2019

    "Phase 1 JORC 2012 mineral resource estimate completed on Crusader resource area totaling:
    2.17Mt @ 1.22g/t Au for 85,000 ounces contained gold"

    4 yrs to go from JORC 85koz @ Crusader to JORC 175koz @ Crusader + Templar at how many million dollars was that?


    NXM Price at posting: 7.2¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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