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Nexus Minerals Ltd

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.

Wallbrook map
Results featured 27 metres at 3.18 g/t gold including 1-metre at 30.33 g/t gold

Nexus Minerals Ltd (ASX:NXM) has received the first batch of assays from its completed drill program on its 100% owned Wallbrook project in the eastern goldfields of Western Australia.

The 6,960-metre reverse circulation (RC) drill program focused on two high priority drill targets, the Crusader prospect (3,708 metres) and the Paint prospect (3,252 metres).

High-grade gold was intersected ranging up to 30.33 g/t gold within broad mineralised zones including 27 metres at 3.18 g/t gold from 61 metres.

READ: Nexus Minerals completes share purchase plan to fund Wallbrook Gold Project

Initial results have confirmed the existence of significant mineralisation closely associated with a quartz-goethite supergene stockwork.

Notably, the stockwork intensity correlates closely with higher gold grades.

Results are still pending for the majority of the completed drill program and are expected in the coming weeks.

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Nexus Minerals intersects consistent high-grade gold in broad zones at Wallbrook

Nexus Minerals Ltd (ASX:NXM) managing director Andy Tudor updates Proactive Investors on the gold explorer's completed drilling program at its Wallbrook Gold Project in WA.   The reverse circulation program went for nearly 7,000 metres and focused on two high-priority drill...

on 3/4/19

2 min read