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Nexus Minerals commences 10,000-metre drill program at Wallbrook Gold Project

Published 24/09/2024, 10:03 am
© Reuters.  Nexus Minerals commences 10,000-metre drill program at  Wallbrook Gold Project
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Nexus Minerals Ltd (ASX:NXM) has kicked off a 10,000-metre aircore drilling program at the Wallbrook Gold Project, 140 kilometres northeast of Kalgoorlie in Western Australia, continuing the company’s systematic regional exploration approach.

The drilling aims to both expand the mineralised footprint of target MC2.1 and test three additional shallow priority regional targets. Drilling will run through October and Nexus expects assay results in November.

“It is great to see the aircore rig mobilised and drilling once again as momentum builds at the Wallbrook Gold Project,” said Nexus managing director Andy Tudor.

“This 10,000-metre drill program aims to expand on the success of the last program by both extending the mineralised footprint of priority target MC2.1 which previously returned very strong results, and drill testing three new regional opportunities.

“With the gold price at all-time highs and a project which is both technically and commercially robust, this is a great time to be actively exploring for additional discoveries at Wallbrook.”

Following up on initial success

This is the second regional aircore drill program at Wallbrook and follows the success of the initial program completed in July 2024.

Strong widths and high gold grades were reported from the previous aircore drilling campaign at the priority target MC2.1, while the current 10,000-metre program aims to expand the mineralised footprint and test three new prospects.

These high-priority targets are strategically selected, linking key geological features including structure, lithology and alteration with gold anomalism where data is available.

The targets provide shallow discovery opportunities as Nexus focuses on its exploration strategy to efficiently build the project’s near-surface ounce portfolio.

Nexus Wallbrook Gold Project targeting map.

Read more on Proactive Investors AU

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