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Nexus Minerals hits high-grade gold at GT6 prospect in Western Australia’s Eastern Goldfields

Aircore drilling has returned an intersection of 12 metres at 3.27 g/t gold from 100 metres, including 4 metres at 6.37 g/t.
Drill rig and man with samples at Pinnacles project
Aircore drilling has returned a best intersection of 12 metres at 3.27 g/t gold from 100 metres, including 4 metres at 6.37 g/t.

Nexus Minerals Ltd (ASX:NXM) has enhanced its golden future after receiving a wide high-grade gold intersection from GT6 prospect of the Pinnacles project in Western Australia’s Eastern Goldfields.

A 12-metre intersection from 100 metres returned 3.27 g/t gold, including 4 metres from 108 metres at 6.37 g/t.

The company has received initial results from a recently completed 76-hole, 4,672-metre aircore drill program which was drilled to the top of fresh rock.

READ: Nexus Minerals searches for the next Karari at Pinnacles Gold Project

Four broad spaced lines were drilled, testing a 3 kilometre by 600-metre surface auger gold anomaly.

Nexus has received 4-metre composite gold results from about 50% of the program with the remainder due this month.

Pinnacles project is largely under-explored and commences less than 5 kilometres south of, and along strike from the Carosue Dam operations.

This 4-million ounce plus mining operation, which includes the Karari underground gold mine, is owned by Saracen Mineral Holdings Limited (ASX:SAR).

READ: Nexus Minerals begins drilling as it seeks to enhance gold potential at Pinnacles

During the aircore program, gold mineralisation was intersected adjacent to the major Yilgangi Fault splay regional structure, over a gravity low.

This structure is synonymous with all Carosue Dam deposits.

An auger regional geochemical sampling program has also been completed infilling three targets identified in a first pass regional auger geochemical program with results pending.

Follow-up program

A 6,000-metre follow-up aircore program covering an 800-metre by 400-metre core anomaly is expected to start at GT6 in early June.

Nexus holds 125 square kilometres of highly prospective geological terrain within a major regional structural corridor and is exploring for gold deposits.

The company also has a joint venture over the Pinnacles JV Gold Project with Saracen.

Nexus recently acquired the Wallbrook tenement package from Saracen in a transaction completed at the start of April.

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