Nexus Minerals Diamond Drilling Unlocks Crusader-Templar Geology Model
THE DRILL SERGEANT: Nexus Minerals (ASX: NXM) announced assay results from diamond drilling completed at the Crusader – Templar prospect, within the company’s Wallbrook gold project in Western Australia.
Nexus Minerals received assay results from 21 diamond drill holes that have encountered multiple zones of mineralised, altered, and silicified quartz porphyry intersected along 1.6 kilometres of strike.
The company said gold mineralisation was intersected in deep ‘feeder’ structures and in the limbs and fold closures of shallow quartz porphyry units.
Results included:
DDH#15
1.5 metres at 8.3 grams per tonne gold (within 3.5m at 3.96g/t gold from 218m);
DDH#92
3m at 4.18g/t gold (within 5.8m at 2.36g/t gold from 293.6m); and
DDH#368
3m at 4.07g/t gold (within 8.4m at 1.84g/t gold from 341.6m).
“The information gained from this diamond drill program has provided a step change in our geological understanding and interpretation of this very large mineralised system,” Nexus Minerals managing director Andy Tudor said in the company’s ASX announcement.
“The diamond drill holes have intersected multiple zones of gold mineralisation within the same mineralised, altered, and silicified quartz porphyry rock unit, intersected in our previous shallow RC drill program.
“The results have enabled Nexus to create a geological model which will allow for more targeted future drill program planning.”