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Nexus Minerals Limited (ASX:NXM)

ALERT: Price-sensitive ASX Announcement for NXM
Current share price for NXM : $0.047 -0.032 (-40.51%)+
Announcement
Release
5 Nov 2025 8:31AM
Price at Release
$0.079
Full Release
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Summary
Nexus Minerals Limited (ASX: NXM) announced the final gold assay results from the Amand Prospect, previously known as Target MC4.1, at the Wallbrook Gold Project in Western Australia. The company completed a 6,155 metre reverse circulation (RC) drilling program with 59 holes across the Amand, Clement, and Godfrey prospects. Significant mineralised lodes were identified within a 1.7 km by 600 m area at Amand, with notable drilling results showing high-grade gold intercepts. The exploration demonstrated continuity and potential for further mineralisation, prompting the renaming of the prospect. The systematic exploration approach, including aircore drilling, continues to uncover promising targets, with further updates expected as additional assay results are received.
Key Points
  • Final RC drilling results received for Amand Prospect, formerly Target MC4.1.
  • Amand Prospect demonstrated substantial mineralisation over a large area.
  • Notable drilling intercepts include high-grade gold results.
  • Exploration approach reinforces potential for significant discoveries at Wallbrook.
  • Systematic exploration includes ongoing aircore drilling.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.