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Nexus Minerals Ltd

Nexus Minerals’ Andy Tudor to outline gold drilling progress at Proactive's CEO Sessions

Seats are filling fast for the next luncheon series in Sydney and Melbourne.

Nexus MD Andy Tudor
Nexus Minerals managing director Andy Tudor

Nexus Minerals Ltd’s (ASX:NXM) managing director Andy Tudor will present at next week's Proactive Investors CEO Sessions.

The company provides an interesting valuation as it holds $4 million in cash and has a market cap of $7 million, which provides an enterprise value of just $3 million.

Nexus is focused on gold exploration in Western Australia’s Eastern Goldfields and has upcoming news flow based on its biggest quarter of drilling to date.

A 6,000-metre aircore drill program is almost complete ahead of schedule at the Pinnacles Gold Project, which Nexus holds in a joint venture with Saracen Mineral Holdings Limited (ASX:SAR).

This is following up promising results from a 4,000-metre aircore drill program earlier this year, which included 12 metres at 3.27 g/t gold from 100 metres.

At the Wallbrook Gold Project, which was recently acquired from Saracen, a 4,000-metre RC drill program is advancing with first results expected in August.

Register today to find out more.

Sydney details, Monday, July 23, 2018

Melbourne details, Tuesday, July 24, 2018

Or call John Phillips on (02) 9280 0700

The Proactive CEO Sessions will feature five presenting companies in total.

Quick facts: Nexus Minerals Ltd

Price: $0.05

Market: ASX
Market Cap: $5.56 m
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Full interview: Nexus Minerals begins aircore drilling prospects within WA...

Nexus Minerals (ASX:NXM) managing director Andy Tudor updates Proactive Investors on the start of an aircore drilling program on the Crusader and Templar prospects within its Wallbrook Gold Project in WA. Ground-based exploration activities will also be continued, including geological mapping...

3 weeks, 4 days ago

2 min read