For thousands of other reports visit RSC's Mineral Intellingence Map
Nexus Minerals Ltd.
Summary
| Project: | Wallbrook | |
|---|---|---|
| Deposit: | Crusader | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/8/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-7-2019: Nexus Minerals Ltd. announces a Resource Estimation report for its Crusader deposit at the Wallbrook project. Crusader prospect phase 1 mineral resource estimate. Nexus Minerals Limited (ASX: NXM) (Nexus or the Company) is pleased to announce th | |
| Resources: | (Resource, I+I): 2.167Mt @ 1.22g/t Au for 85Koz Au contained at Crusader | |
| CP/QP: | [Resources]: Adam James (Internal) | |
| ABSTRACT: | Nexus Minerals Limited (ASX: NXM) (Nexus or the Company) is pleased to announce the successful completion of the phase 1 mineral resource estimate on its Crusader Prospect (Fig. 1). The estimate is based on results received from Nexus RC drill programs (4,626m) plus RC drilling (4,951m) and diamond drilling (159m) from previous companies (Fig. 2). The prospect is part of the Company’s 100% owned Wallbrook project in the eastern goldfields of Western Australia. Nexus’ Managing Director, Andy Tudor commented. “The mineral resource estimate confirms the presence of significant mineralisation along the initial 600m strike length tested. The Nexus’ drilling to date has only tested 600m of the >5km strike extent of the mineralised corridor identified to date and only down to 100m depth. The results from the high-resolution gravity and ground magnetics surveys covering the Crusader and the Templar prospects clearly highlight the continuation of the mineralised corridor and have assisted us in focussing targets for the upcoming aircore drill program. In addition to this, a high-resolution ground magnetics survey is underway that will extend coverage a further 10km to the north of the current coverage.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report