Nexus Minerals Ltd (ASX:NXM) has received the first batch of assays from its completed drill program on its 100% owned Wallbrook project in the eastern goldfields of Western Australia.
The 6,960-metre reverse circulation (RC) drill program focused on two high priority drill targets, the Crusader prospect (3,708 metres) and the Paint prospect (3,252 metres).
High-grade gold was intersected ranging up to 30.33 g/t gold within broad mineralised zones including 27 metres at 3.18 g/t gold from 61 metres.
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Initial results have confirmed the existence of significant mineralisation closely associated with a quartz-goethite supergene stockwork.
Notably, the stockwork intensity correlates closely with higher gold grades.
Results are still pending for the majority of the completed drill program and are expected in the coming weeks.