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Nexus Minerals says drilling at Pinnacles JV exceeded expectations

Nexus Minerals Ltd's (ASX:NXM) Andy Tudor caught up with Proactive's Andrew Scott after reporting that RC drilling has confirmed high-grade mineralisation within the proposed open pit at Pinnacles JV Gold Project in the eastern Goldfields of Western Australia. All RC drilling assay results have been received from this program and Nexus consultants have been engaged to undertake a pit optimisation study and mine development plan options, to assist in determining the financial viability of establishing a gold mining operation at Pinnacles.

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Price: 0.135 AUD

ASX:NXM
Market: ASX
Market Cap: $32.96 m
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Nexus Minerals Ltd's Andy Tudor 'seriously excited' with high-grade results...

Nexus Minerals Ltd's (ASX:NXM) Andy Tudor speaks to Proactive's Andrew Scott after receiving high-grade results of up to 1-metre at 57.1 g/t from the second batch of holes drilled at the Templar prospect within the Wallbrook Gold Project in the Eastern Goldfields of Western Australia. All assay...

on 20/10/20

2 min read