The latest announcement is out from Nexus Minerals Ltd. ( (AU:NXM) ).
Nexus Minerals Limited has announced significant progress at its Wallbrook Gold Project, particularly at the Payns Prospect, where a regional aircore drill program has revealed high-grade gold mineralization. The Payns mineralized zone now spans over 900m x 750m and is strategically located near major gold deposits mined by Northern Star Resources. This discovery enhances Nexus Minerals’ regional exploration strategy, with plans for further drilling and assessment of additional prospects underway, indicating potential growth and increased value for stakeholders.
More about Nexus Minerals Ltd.
Nexus Minerals Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is involved in projects that aim to discover and develop gold deposits, with a strategic market focus on regions with existing major gold mining operations.
YTD Price Performance: 54.55%
Average Trading Volume: 1,500
Technical Sentiment Signal: Sell
Current Market Cap: €19.78M
Learn more about NXM stock on TipRanks’ Stock Analysis page.