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Full interview: Nexus Minerals upgrades Pinnacles East gold resource with 53% now in indicated category

Nexus Minerals Ltd (ASX:NXE) chief executive officer Andy Tudor talks to Proactive about the upgrading of gold resources at the Pinnacles JV Project near Kalgoorlie with 53% in the indicated category.  

The JV has recommenced drilling and updated the combined mineral resource to 609,000 tonnes at 4 g/t gold for 78,000 ounces. 

Tudor said the results in conjunction with the strong Australian gold price further enhanced the strength of the Pinnacles project and its ability to produce a robust, viable gold mining operation.

The project is held in JV with Saracen Mineral Holdings Limited (ASX:SAR) (OTCMKTS:SCEXF).

Quick facts: Nexus Minerals Ltd

Price: 0.048 AUD

Market: ASX
Market Cap: $5.68 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...

on 29/8/19

2 min read