Nexus Minerals estimates 85,000 ounce gold resource at Crusader deposit
Gravity and high-resolution ground magnetic surveys have been competed over Crusader and Templar prospects with interpretation providing compelling targets.
Company
Nexus Minerals Ltd
ASX:NXM
Nexus Minerals Ltd is a well-funded resource company with a portfolio of gold projects in Western Australia, gold-copper & critical minerals in New South Wales and porphyry copper-gold in Bethanga Victoria. The company is actively exploring for gold deposits on its highly prospective tenement package in the Eastern Goldfields of Western Australia.
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Nexus Minerals to estimate JORC resource for Crusader this quarter
The resource estimate due this June quarter will focus on the 600 metres of strike drilled to date but it remains open to the north and at depth.
Nexus Minerals managing director buys company shares
The company is focused on exploration at its Wallbrook Gold Project.
Nexus Minerals drills out high-grade gold from Wallbrook in March quarter
The company also completed a $1,625,500 capital raising to allow accelerated drill testing of the Wallbrook Gold Project.
Nexus Minerals hits high-grade gold up to 20.13 g/t at Wallbrook project
Nexus is investing in exploration techniques to refine the targeting approach for current and future tenements, including the use of spectral data.
Nexus Minerals returns more high-grade gold results of up to 15.07 g/t at Wallbrook
Further assays from the final half of the Paint prospect drill program are expected in the coming weeks.
Nexus Minerals assays solid gold results in first batch from Crusader prospect
Assays for 13 of the 35 holes drilled at the Crusader prospect show gold in every hole.
Nexus Minerals completes share purchase plan to fund Wallbrook Gold Project
The funds will be used for exploration including a reverse circulation drilling program.
Nexus Minerals secures $1.25 million; share purchase plan opens
Opportunity for eligible shareholders to purchase up to $15,000 of Nexus shares without incurring brokerage or transaction costs.
Nexus Minerals starts Wallbrook drill program at Paint and Crusader prospects
The company has $1.25 million of commitments for its proposed $2 million of capital raisings.
Nexus Minerals to raise $1.25 million for gold exploration at Wallbrook
Proceeds from the placement and subsequent SPP will allow the company to accelerate work programs, including a high impact RC drilling program.
Nexus Minerals in trading halt with capital raising news pending
The halt will remain in place until the start of normal trading on Wednesday or when an announcement is released.
Nexus Minerals to drill at Wallbrook gold project on Eastern Goldfields
The company holds ground in the Eastern Goldfields picked up from Saracen and Newmont.
Nexus Minerals identifies gold drill targets at Wallbrook Project
Pre-drilling exploration has identified target areas at the Paint and Crusader prospects.
Nexus Minerals outlines busy work program at Wallbrook
Wallbrook's March quarter work program involves mapping, surveys and drill testing.
Nexus Minerals adds to Wallbrook ground after completing acquisition from Newmont
The three new tenements mean the project now covers 250 square kilometres highly prospective for gold.
Nexus Minerals sets sight on discovering Eastern Goldfields’ next large-scale gold deposit
Last month, the company confirmed high-grade gold drilling results from the Wallbrook Gold Project.
Nexus Minerals acquiring additional tenements to expand its Wallbrook Gold Project
The project now has 250 square kilometres of prospective geological units known to host significant gold mineralisation.
Nexus Minerals’ drilling confirms high-grade gold intersections at Wallbrook Gold Project
The results confirm the presence of high-grade mineralised zones within broader low-grade mineralised halo.
Nexus Minerals assays gold in all 18 holes drilled at Wallbrook
Wallbrook has four main prospects - Crusader, Jedi, Paint and Eastward Reefs.