Nexus Minerals Ltd (ASX:NXM) is gearing up for a 5,000-metre shallow oxide reverse circulation (RC) drill program at the Branches and MC4.1 prospects, situated within its Wallbrook Gold Project, northeast of Kalgoorlie in Western Australia.
At the Branches prospect, the company’s RC drilling will target shallow oxide extensions to the mineralisation following on from previous successful RC drill campaigns at the prospect.
Meanwhile, at MC 4.1, the company is encouraged by the success of its maiden regional aircore program that defined an anomalous corridor 1.7 kilometres long and 200 metres wide.
Looking ahead, systematic ongoing exploration of the Wallbrook gold project has the potential to build the project's ounce portfolio over the short, medium and longer term.
Next phase of exploration
Nexus managing director Andy Tudor said: “The next phase of exploration programming at Wallbrook is well underway for both the Branches and MC4.1 prospects with extensional RC drill programs scheduled to commence late May.
“Previous programs have yielded great results that have added to both of the prospects' respective drill footprints.
“The aircore drill program testing of regional target MC4.1 was particularly encouraging with the prospect now ready for RC drill testing.”
Drill program
At Branches, mineralisation is hosted within, and on the boundaries of, altered quartz porphyry dykes.
The company geologists have undertaken an interpretation and review exercise within the currently defined mineralised envelope to effectively define a drill program to test mineralised zones of the highest economic potential.
Further extensions to the broader 1.1-kilometre by 300-metre corridor are also being reviewed as part of the broader regional aircore drilling program strategy.
Target (NYSE:TGT) MC4.1 intersected mineralised quartz-goethite alteration and hematite-altered quartz porphyry in a number of the holes drilled.
This is the same mineralisation style as that seen at the Crusader-Templar and Branches prospects. This prospect will now be tested with first-pass RC drill testing.
About Wallbrook
The Wallbrook Gold Project is a consolidation of a highly prospective 204 square kilometre tenement package in the Eastern Goldfields of Western Australia.
The tenement package at Wallbrook begins immediately to the north of Northern Star’s multi-million ounce Carosue Dam mining operations, and currently operating Karari and Whirling Dervish underground gold mines.
Nexus holds a significant land package of highly prospective geological terrane within a major regional structural corridor and is exploring gold deposits.