Sign up Australia
Proactive Investors - Run By Investors For Investors

Nemex Resources hunting gold and manganese deposits in West Africa

Nemex Resources hunting gold and manganese deposits in West Africa

Nemex Resources (ASX: NXR) has commenced soil sampling for gold and manganese over high-priority aeromagnetic and geological anomalies in Côte d’Ivoire, West Africa.

At the Abengourou Licence, soil sampling is planned over 12 magnetic intrusive targets occurring in a 35km long fault-zone corridor, and at Alepe over a significant structural gold target along-strike of the 20 million ounce Ahafo Gold Mine.

At Dabakala, samples will be taken along 27 kilometres of variably altered, highly sheared volcanic and sedimentary rocks, with previous samples from a 17 kilometre long banded manganese formation currently being assessed.

Results will be released to market over the 5 month program, with first results expected late October.

Côte d’Ivoire is fertile ground for undiscovered gold and base metal deposits, being underexplored relative to neighbouring countries sharing similar geology.


Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

View full NXR profile View Profile

Nemex Resources Timeline

October 15 2015
June 05 2015

Related Articles

June 07 2018
Primary Cobalt Corp is a project generator in growth mode
Picture of pilot plant
April 05 2018
An impressive pre-feasibility study features a pre-tax valuation of $227 million for start-up capital expenditure of $65 million.
February 14 2018
Berkeley Energia is funded to production, and set to make a significant impact on the uranium market

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use