Nexus Minerals - Pinnacles East Drill Results
Nexus Minerals Limited (ASX: NXM) announced the results of a recent drill program conducted over the Pinnacles East Resource Area in the eastern Goldfields. Many of the high-grade intercepts confirmed the widths and grades of previous drilling. The main purpose of the drill program was to provide geotechnical information required for the mine potential study.
HIGHLIGHTS
- Results received from 2,425m Pinnacles East drill program
- Intersections include: 6m@11.46g/t Au, 7m@4.64g/t Au, 25m@2.33g/t Au and 17m@2.25g/t Au
- Geotechnical logging completed
- Mine studies at Pinnacles East Resource Area progressed
Eastern Goldfields gold explorer, Nexus Minerals Limited (ASX: NXM) (Nexus orthe Company) is pleased to announce the results of the recent drill program completed over the Pinnacles East Resource area.
The principal purpose of the drill program was to provide the necessary geotechnical information required to input into the mine potential study currently underway. Whilst a number of holes were drilled within, and adjacent to, the mineral resource area, the majority were drilled for geotechnical study requirements. Many of the high-grade intercepts confirmed the widths and grades of previous drilling.
At the Pinnacles East Resource area, a drill program of 18 RC holes for 1,933m and 4 diamond drill holes for 492m was completed. The drill program was designed to gain information required by the various consultants to utilise in the mine study, predominantly geotechnical, bulk density and hydro-geological information. All samples were submitted to Intertek Genalysis laboratory for analysis with the significant intercepts (>2g/t Au) in Table 1 and full results in Table 2.
