Drill. Drill. Drill. That's the short term outlook for NXM at Crusader and Templar.
By this time next year, I'd expect to see a resource upgrade at Crusader and a maiden resource declared at Templar. Higher grades at depth below saprolite have been demonstrated at both prospects so hopefully the current drill program is covering a significant volume of fresh rock.
Branches will likely be drilled as the current drill program extends north, which is highly likely to demonstrate Crusader, Templar, and Branches are all connected along strike.
My recommendation to Andy would be to drill test Paint before the end of the year with a small but deep drill program, as there is real potential to find a sizeable ore body there.
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NXM
nexus minerals limited
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Drill. Drill. Drill. That's the short term outlook for NXM...
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Last
7.9¢ |
Change
0.002(2.60%) |
Mkt cap ! $47.69M |
Open | High | Low | Value | Volume |
7.7¢ | 8.0¢ | 7.6¢ | $65.23K | 824.4K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 25000 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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7.9¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 25000 | 0.077 |
1 | 200000 | 0.075 |
1 | 40000 | 0.074 |
1 | 185000 | 0.071 |
1 | 30800 | 0.065 |
Price($) | Vol. | No. |
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0.079 | 100000 | 1 |
0.080 | 160000 | 2 |
0.084 | 20386 | 2 |
0.085 | 18418 | 2 |
0.087 | 12000 | 1 |
Last trade - 15.31pm 20/06/2025 (20 minute delay) ? |
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