NXM nexus minerals limited

Ann: Quarterly Activities Report, page-5

  1. 281 Posts.
    lightbulb Created with Sketch. 122
    Yes, tracking along as planned, no surprises here. Continuing to tick boxes as promised, cant see the FS being too far off.

    Feasibility study inputs continued to be assessed during the December quarter;
    ➢ RC drilling results all received – see ASX release 2/11/2020
    ➢ Diamond drill program completed and results received – drill core selectively sampled for
    metallurgical testwork – see ASX release 15/12/2020

    ➢ Metallurgical testwork - underway
    ➢ Geotechnical study completed – report pending
    ➢ Hydro-geology study completed – No issues raised
    ➢ Environmental studies completed
    ➢ Flora and fauna reports received with no issues raised
    ➢ Heritage survey completed with no issues raised

    ➢ Mining proposal preparation underway
    ➢ Feasibility study completion expected early 2021



    The ASX took a battering across the board yesterday, us included. Unfortunately I was out of range and missed the chance to get in on any of the ~10c action frown.png
    I'm sure what's left at these discounted prices continue to be mopped up by current holders averaging down their positions.
 
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