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Nexus Minerals Ltd. ( (AU:NXM) ) has shared an update.
Nexus Minerals Limited has successfully completed a regional aircore drill program at its Wallbrook Gold Project, receiving all gold assay results from the 313-hole initiative. The program has expanded the mineralized footprint of Target MC2.1 to 650m x 250m, now incorporated into the larger Clement Prospect, which offers significant exploration potential. The company plans to continue its exploration efforts with an upcoming aircore drill program and is well-funded with $5.17 million in cash as of March 2025.
More about Nexus Minerals Ltd.
Nexus Minerals Limited is a company operating in the mining industry, primarily focused on gold exploration projects. The company is engaged in systematic exploration to efficiently build its resource base, with a significant focus on near-surface discoveries.
YTD Price Performance: 30.0%
Average Trading Volume: 1,500
Technical Sentiment Signal: Hold
Current Market Cap: €21.43M
For an in-depth examination of NXM stock, go to TipRanks’ Stock Analysis page.