Nexus Minerals' (ASX:NXM) is a cashed up Western Australian gold explorer, with an experienced board.
The company's $6 million cash position provides to power to either fund further farm in / joint venture deals, or to fund near term exploration programs unhindered.
Andy Tudor, CEO, recently orchestrated a joint venture with gold producer Saracen Mineral Holdings (ASX:SAR).
Tudor has strong links to senior management at Saracen, having worked with many of them in the past.
Meet Andy Tudor at Proactive's Sydney / Melbourne Luncheons on the 20th / 21st October.
Limited registration places:
Sydney Investor Luncheon, Tuesday, 20th October.
Melbourne Investor Luncheon, Wednesday, 21st October.
Additional opportunities with Saracen
In a recent interview in Proactive Q&A Sessions™, Tudor said that there may be other opportunities for farm-in joint venture agreements with Saracen on some of their other tenements in the area.
Discussions have commenced and options are certainly being investigated.
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