NXM 0.00% 4.2¢ nexus minerals limited

Ann: Wallbrook Exploration Target & Mineral Resource Estimate, page-191

  1. 2,507 Posts.
    lightbulb Created with Sketch. 941
    Here's a reasonably close comparison to NXM.
    BGD drilled close to the same amount of holes, used 50mx50m hole spacings and 25mx25m infill holes, .4gpt cut-off and a 2km long pit down to 300m.
    Worth having a read just to show the different approaches taken by the companies. BGD has gone about it the way I expected NXM to do it but Andy chose a very conservative path with a cut-off grade similar to BGD's resource grade.
    https://hotcopper.com.au/data/attachments/5237/5237753-64150805ee983c70ef46c5446e4e9ad9.jpg
    https://hotcopper.com.au/data/attachments/5237/5237756-1f7ab6172abb1f028e8875aa8b844be8.jpg
 
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