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Nexus Minerals delivers more Crusader gold with up to 10 metres at 5.49 g/t

Published: 09:58 23 Aug 2021 AEST

Nexus Minerals Ltd - Nexus Minerals delivers more Crusader gold with up to 10 metres at 5.49 g/t
Diamond drilling is now underway on four reverse circulation tails at Crusader.

Nexus Minerals Ltd (ASX:NXM) continues to deliver the goods at Crusader prospect within the Wallbrook Gold Project in the Eastern Goldfields of Western Australia with results of up to 10 metres at 5.49 g/t.

Along with the result from 224 metres, the reverse circulation hole ended in mineralisation with the company now extending it with a diamond tail.

The RC drilling intersected further broad and high-grade gold with mineralisation extended at depth and along strike.

Crusader mineralisation has now been intersected over an extensive +600 metres of strike and down to +500 metres deep while the Crusader/Templar mineralised corridor extends over 1.6 kilometres of strike.

“Excellent continuity”

Nexus managing director Andy Tudor said: “These high-grade results from the Crusader Prospect have again shown excellent continuity of mineralisation with broad, high-grade gold intersected.”

Within the 10-metre intersection was 4 metres at 12.49 g/t and other high-grade results from Crusader are:

  • 12 metres at 3.60 g/t, including 4 metres at 7.45 g/t within 28 metres at 1.99 g/t from 176 metres;
  • 4 metres at 4.66 g/t within 16 metres at  2.90 g/t from 196 metres;
  • 4 metres at 2.97 g/t from 180 metres; and
  • 4 metres at 2.88 g/t from 216 metres.

The new results follow the previous results of:

  • 14 metres at 8.80 g/t, including 3 metres at 21.59 g/t within 19 metres at 6.57 g/t from 141 metres;
  • 10 metres at 6.42 g/t, including 1-metre at 41.23 g/t within 17 metres at 3.97 g/t from 182 metres;
  • 8 metres at 3.51 g/t within 24 metres at 1.32 g/t from 144 metres; and
  • 3 metres at 5.13 g/t within 7 metres at 2.43 g/t from 221 metres.

Mineralisation in all holes

Nexus’ 2021 RC and diamond drill program at Crusader is testing for depth and strike extensions to the mineralisation intersected in previous Nexus drill campaigns.

The holes drilled were to test the zone from 150 to 300 metres below the surface, and below known mineralisation, with every one of the seven RC drill holes completed intersecting mineralisation.

Encouragingly, the gold mineralisation tenor and width remain consistent.

Tudor said: "With highly encouraging results from all holes in this RC drilling campaign, we are eagerly awaiting to see the geology and the potential mineralisation in the drilling from the diamond tails currently being drilled at Crusader.”

Diamond tails

Four of the holes will now have diamond tails added to them with the aim of intersecting further mineralisation at depth.

Future Crusader drilling will test for depth extensions to the mineralisation, as well as testing for further strike extensions to the Crusader/Templar mineralised corridor that extends over 1.6 kilometres of strike, constrained only by the extent of drilling completed by Nexus to date.

"The RC drilling program focus now moves to Templar where the current 6,000-metre program is nearing completion and results from the initial 50% of the program expected in a couple of weeks,” Tudor added.

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