viewNexus Minerals Ltd

Nexus Minerals managing director buys company shares

The company is focused on exploration at its Wallbrook Gold Project.

three empty board seats
A 48-hole RC program was completed across two prospects at Wallbrook, Crusader and Paint

Nexus Minerals Ltd (ASX:NXM) managing director Andy Tudor has purchased 438,596 shares in the company for $25,000.

The purchase was part of the February 2019 share placement but required approval from shareholder which was gained earlier this month.

The share purchase increases Tudor’s total holding in the company to 759,112 shares.

READ: Nexus Minerals drills out high-grade gold from Wallbrook in March quarter

The company most recent focus has been on the Wallbrook Gold Project in Western Australia where a 6,960 metre reverse circulation (RC) drill program has been completed.

Highlights from the Crusader and Paint prospects included:

• Crusader: 27 metres at 3.18 g/t gold from 61 metres;
• Crusader: 35 metres at 2.85 g/t gold from 25 metres;
• Paint: 20 metres at 0.58g/t gold including 4 metres at 2.17 g/t gold; and
• Paint: 16 metres at 0.89g/t gold including 8 metres at 1.70 g/t gold.

Quick facts: Nexus Minerals Ltd

Price: 0.077 AUD

Market: ASX
Market Cap: $14.89 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Nexus Minerals Ltd named herein, including the promotion by the Company of Nexus Minerals Ltd in any Content on the Site, the Company receives...


Nexus Minerals Ltd Sydney/Melbourne Investor Luncheon Presentation

Nexus Minerals Ltd Sydney/Melbourne Investor Luncheon Presentation

on 8/3/16

2 min read