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

Tungsten in periodic table
October 23 2018
Apollo is looking to capitalise on a resurgent tungsten price
ASX share price gain
November 28 2018
The company spoke to its strength at its AGM this week in Sydney.
February 11 2019
The company is working on a definitive feasibility study which will underpin the development of the project.

© Proactive Investors 2019

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