John Forwood from Lowell Investment Fund talking to *...

John Forwood from Lowell Investment Fund talking to * this morning.
It doesn’t have its own infrastructure, but it’s Crusader-Templar project sits just 40km from northern Star Resources (ASX:NST) Carosue Dam gold project and processing plant.
The explorer briefly surged in late 2021 before disappointing exploration results brought it back to earth.But $30m capped Nexus is again drawing investor interest, this time from a lower base.
”A few years ago there was talk of that being a million ounces, then they came out with the initial resource of-300,000 oz” Forwood said.
But all of that, if they were able to put it through Carosue Dam, would be mineable and make a lot of money for Nexus.
”Theres a subset of that, 80,000 oz, which can travel a lot further.”
But the blue sky is in a large tract of greenstone south of Northern Star’s Porphry mining centre that has never been drilled.
”Nexus are drilling that at the moment and getting some great aircore results,” Forwood said.
”They’ve got numerous targets so that’s really exciting, I think that’s probably one of the top picks that we’ve got in terms of both exploration but also near term toll treatment development.”

Its that near term development that’s keeping me hanging around here personally, let’s hope they can put it together.
GLTAH both happy and sad.