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Nexus Minerals Ltd. ( (AU:NXM) ) has provided an update.
Nexus Minerals Limited has commenced an 11,000-meter aircore drilling program at its Wallbrook Gold Project to further explore the Payns Prospect and new targets MC2.1 and MC5.3. This initiative is part of their ongoing strategy to identify significant gold deposits in the Eastern Goldfields, with assay results expected in March and April 2025. The program aims to enhance the project’s resource base, potentially impacting the company’s growth and stakeholder value.
More about Nexus Minerals Ltd.
Nexus Minerals Limited is a company focused on mineral exploration, primarily in the gold industry. Their operations are centered around the Wallbrook Gold Project in Western Australia, where they systematically explore near-surface discoveries to expand their resources.
YTD Price Performance: 22.73%
Average Trading Volume: 1,166
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €16M
See more insights into NXM stock on TipRanks’ Stock Analysis page.