All tagged Nexus Minerals ASX:NXM

Nexus Minerals provides March quarter update

During the quarter ended 31 March 2019, eastern Goldfields explorer Nexus Minerals Limited (ASX: NXM) undertook a 6,960m RC drill program covering its Crusader and Paint prospects. In addition, ground-based exploration activities at the Company’s 100% owned Wallbrook Gold Project continued. The Wallbrook project covers some 250km2 of prospective geological terrain considered highly prospective for the discovery of significant gold mineralisation.

Nexus taps investors for $1.25m

Nexus Minerals (ASX: NXM) has raised $1.25 million from investors, with plans to raise a further $750,000 by way of a share purchase plan. The funds were raised via the placement of 22 million shares at 5.7 cents each, with the proceeds to be used for exploration work at the company's Wallbrook gold project in WA.

Nexus readies RC drilling at Wallbrook

Nexus Minerals (ASX: NXM) has identified high-priority drill targets at its Wallbrook gold project in the eastern Goldfields region, and says it has planned an RC drilling program which is scheduled to begin later this month. This follows the completion of multiple ground geophysical surveys over the Paint and Crusader prospects.

Nexus completes Wallbrook tenement buy

Nexus Minerals (ASX: NXM) has completed its acquisition of the tenements of the Wallbrook gold project from gold miner Newmont. The tenements are located along strike immediately to the north, south and encompassed within the existing Wallbrook gold project tenements which are already owned by Nexus.

Nexus Minerals - Acquire Strategic Wallbrook Landholding from Newmont

Eastern Goldfields explorer Nexus Minerals Limited (ASX: NXM) has executed a Tenement Sale and Purchase Agreement with Newmont. Nexus has moved to acquire a 190km2 Newmont tenement package adjacent to the Company's existing Wallbrook Gold Project. Post completion, Nexus’ greater Wallbrook Project will cover 250km2 of prospective geological units known to host significant district gold mineralisation. The Company will also accelerate exploration across the enlarged underexplored Project in Western Australia.