NXM nexus minerals limited
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I found an old spreadsheet I used to navel gaze over it about a...

  1. robbo24
    11,339 Posts.
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    14/12/22
    12:26
    Post #: 65307598

    I found an old spreadsheet I used to navel gaze over it about a year ago - a lot more drilling since then.

    The original Crusader resource was 600m of strike, 100m wide and 100m deep at a grade of 1.22g/t.

    Since then, as per your screenshot, the area is now 1.6km x 300m and, let's say, 200m deep. Let's also double the average grade because we can.

    3m ounces or so applying the same metrics at Crusader existing JORC?

    No idea, just numbers.

    https://hotcopper.com.au/data/attachments/4912/4912290-5bc68d657e194884a24e25a3b7f7b9c0.jpg



    NXM Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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