Articles On Nexus Minerals (ASX:NXM)

The drill program tested the zone from 100 metres to 150 metres depth with mineralisation remaining open at depth and along strike.

The company recently presented at Proactive’s Gold Webinar where managing director Andy Tudor discussed the team’s strategic landholding of various gold projects in Western Australia.

Assays from a recently completed 35-hole reverse circulation program have outlined an extensive mineralised system centred on a mineralised porphyry unit.

The proceeds will be used to complete the feasibility study at Pinnacles Gold Joint Venture and to fund ongoing exploration at the Wallbrook Gold Project.

The company is in a trading halt which will remain in place until the start of trading on Thursday, November 19, or when an announcement is released to the market.

Three specific zones targeted in the RC drill program have confirmed high-grade mineralisation, prompting the company to accelerate its project timeline to complete a feasibility study in late 2020.

Nexus Minerals (ASX:NXM) has hit shallow, high-grade gold confirming that mineralisation extends over 700m of strike at the Templar prospect ... Read More The post High-grade gold hits extend Nexus’ Wallbrook project appeared first on Stock...

The first pass shallow drilling has confirmed broad and high-grade mineralisation extending over 700 metres and remaining open in all directions.

The RC drill program followed up on positive aircore drill results and geophysical targets, intersecting broad high-grade gold zones.

Nexus holds 125 square kilometres of highly prospective geological terrane within a major regional structural corridor and is exploring for gold deposits.

Nexus is actively exploring for gold deposits on its highly prospective 250 square kilometre tenement package in the Eastern Goldfields.

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

ASX companies continued to raise money in July, with over $4bn shelled out by investors, taking 2020’s total above $30bn. According to Bloomberg, there has been $32.3bn worth of cash raised between January 1 and August 3. This is well ahead...

The date by which the option must be exercised to acquire 100% of the Edjudina Gold Project is set for the 14th of January 2021.

The date by which the option must be exercised to acquire 100% of the Edjudina Gold Project is set for the 14th of January 2021.

After a dip below the $US1,800 ($2569.86) an ounce mark over the weekend, spot gold prices have bounced back to $US1,810.9 an ounce as it resumes its march towards all-time highs. Gold for August delivery also rose 80c an ounce to $US1,814....

As part of the Pinnacles feasibility study, Nexus is determining the feasibility of the open cut potential of the Pinnacles East gold resource area, with deeper mineralisation to be considered as a potential underground operation.

The company’s Pinnacles JV Gold Project and Wallbrook Gold Project are both around 140 kilometres northeast of Kalgoorlie.

The company is exploring for gold deposits on its highly prospective tenement package in the Eastern Goldfields of Western Australia.

The junior miner has outlined its six-month program - with Pinnacles topping its list - after having completed a scoping study and embarking on a feasibility study.

The Pinnacles East scoping study confirmed the company’s belief in the prospectivity of the project.

The study results justify Nexus committing to the next stage of exploration and development by progressing to a feasibility study this year.

The company is undertaking mining studies at the Pinnacles JV gold project and using spectral data to analyse results from the Wallbrook project.

The Pinnacles East combined resource has been updated to 609,000 tonnes at 4 g/t gold for 78,000 ounces.

The company is investing in new exploration techniques to refine the targeting approach for current and future tenements, including the use of spectral data.

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Nexus Minerals Limited (ASX: NXM) provided its September quarter report wherein it reported that it has completed the first pass aircore drill program on two prospect areas – Crusader and Templar – within its highly prospective 250km2 Wallb...

Drilling has intersected high-grade gold mineralisation in the Crusader-Templar corridor.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Exploration has been focused on the Crusader, Paint and Templar prospects within the Wallbrook Gold Project.

Drilling follows the release of an 85,000-ounce gold resource grading 1.22 g/t at Crusader in July 2019.

When the whole world is struggling with a global sand crisis, VRX Silica Limited (ASX: VRX), formerly termed as Ventnor Resources Limited, is working towards fulfilling the looming shortage of this key resource. The broad market for silica...

The company has about $4 million in cash for further drilling across its compelling targets.

Gravity and high-resolution ground magnetic surveys have been competed over Crusader and Templar prospects with interpretation providing compelling targets.