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Nexus Minerals Ltd. ( (AU:NXM) ) has provided an announcement.
Nexus Minerals Limited has initiated a 4,000-meter Reverse Circulation (RC) drilling program at the Wallbrook Gold Project’s Payns Prospect, located 140km northeast of Kalgoorlie, WA. This follows successful Aircore (AC) drilling that identified a significant mineralized gold footprint. The RC drilling aims to assess the continuity and potential of the mineralized zones, with results expected to provide insights into the project’s growth potential. The prospect’s strategic location near major deposits currently mined by Northern Star Resources positions Nexus favorably within the industry.
More about Nexus Minerals Ltd.
Nexus Minerals Limited is a company operating in the mining industry, focusing primarily on gold exploration and development. The company is engaged in systematic exploration to discover near-surface gold mineralization, with a significant market focus on projects located in Western Australia.
Average Trading Volume: 1,334,732
Technical Sentiment Signal: Hold
Current Market Cap: A$45.28M
For detailed information about NXM stock, go to TipRanks’ Stock Analysis page.