Nexus Minerals launches major drilling campaign to expand Wallbrook Gold Resource

Proactive - Interviews for investors

Nexus Minerals Limited (ASX: NXM) managing director Andy Tudor joins Proactive’s Tylah Tully to discuss the company’s 10,000-metre regional aircore drilling program at its Wallbrook Gold Project, 140 kilometres northeast of Kalgoorlie, Western Australia. This program will focus on expanding the mineralised footprint of priority target MC2.1, which yielded high-grade gold mineralisation in previous drilling. Additionally, three other priority targets (MC2.2, MC5.2, and MC1.5) will be tested within the broader project area. The program is part of the company’s systematic approach aimed at near-surface discoveries to enhance the project's resource base. The drilling is scheduled to conclude in October 2024, with assay results expected in November. Target MC2.1 is of particular interest, with earlier drill results returning gold intercepts, including 8 metres at 2.93g/t gold and 8 metres at 2.33g/t gold, which may indicate a resource extension of the nearby Wallbrook Gold Mine operated by Northern Star Resources. Tudor expressed optimism, citing favourable gold prices and the project's commercial and technical potential. Mine studies at Nexus' Crusader-Templar Gold Deposit are also progressing as part of the company’s exploration and development strategy. #ProactiveInvestors #ASX #NexusMinerals #WallbrookGoldProject #AircoreDrilling #GoldExploration #MiningNews #GoldPrices #WesternAustralia #MC21Target #CrusaderTemplar #GoldMineralisation #MineralResources #GoldIndustry #KalgoorlieMining #RegionalDrilling #GoldDiscovery #ExplorationStrategy #ASX #GeologicalMapping #NorthernStarResources #GoldAssays #Mining #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews