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Nexus Minerals Ltd.
Summary
| Project: | Wallbrook | |
|---|---|---|
| Deposit: | Wallbrook | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-4-2019: Nexus Minerals Ltd. announces an Exploration/Drilling Update report for its Wallbrook deposit at the Wallbrook project. Drilling results incl. 46m @ 1.08g/t Au from 33m. 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 further assay results 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). This release refers to results received to date from both the Crusader Prospect and the Paint Prospect, as seen on figure 1 above. Crusader Prospect Drill Results Nexus’ completed a 3,708m RC drill program at Crusader targeting mineralisation from surface to a vertical depth of around 100m. Initial results from this drilling program have confirmed the existence of significant mineralisation closely associated with a quartz-goethite supergene stockwork in the oxide regolith profile. The stockwork intensity correlates closely with higher gold grades. In the fresh rock, high-grade mineralisation is constrained to a series of steeply dipping structures defined by quartz sulphide veining within a potassic altered volcaniclastic host rock. | |
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