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Nexus Minerals Ltd.

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Summary

Project:

Wallbrook

Deposit:Crusader
Location:Australia
Commodities:Gold
Date:4/16/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:16-4-2019: Nexus Minerals Ltd. announces an Exploration/Drilling Update report for its Crusader deposit at the Wallbrook project. Drilling results incl. 29m @ 2.85g/t Au from 30m. Nexus Minerals Limited (ASX: NXM) (Nexus or the Company) is pleased to advi
Resources:x
CP/QP:[Overall Report]: Andy Tudor (Internal)
ABSTRACT:Nexus Minerals Limited (ASX: NXM) (Nexus or the Company) is pleased to advise final assay results have been received from its completed 6,960m RC drill program on its 100% owned Wallbrook project in the eastern goldfields of Western Australia. The drilling was undertaken on two high priority drill targets, being the Crusader Prospect (3,708m drilled) and the Paint Prospect (3,252m drilled). Nexus’ Managing Director, Andy Tudor commented. “Having completed the first drill program at Crusader we are very excited by the fact that every hole intersected significant mineralisation, with stunning intercepts such as 35m @ 2.85g/t Au, including 15m @ 6.23g/t Au and 29m @ 2.85g/t Au including 8m @ 7.20g/t Au. These results clearly demonstrate the significant prospectivity of this mineralised corridor. Nexus’ drilling to date has only tested 600m of the 5km strike extent of the mineralised corridor and only down to 100m depth. We are now busy planning the phase 2 drill program required to test for depth extensions and strike continuity.”

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