Nexus Minerals Hits High-Grade Gold Link at Crusader-Templar
THE DRILL SERGEANT: Nexus Minerals (ASX: NXM) reported on recent drilling activity at the Crusader–Templar prospect, within the company’s Wallbrook gold project in Western Australia.
Nexus Minerals reported the gold mineralisation tenor and widths it has observed in the recent holes complement and enhance its previous drilling results at Crusader-Templar, intersecting broad high-grade mineralisation.
41 of 43 RC drill holes intersected gold mineralisation exhibiting strike and depth continuity, returning results that included:
5m at 4.09 grams per tonne gold, within 43m at 1.2g/t gold from 20m;
7m at 3.4g/t gold, within 20m at 1.27g/t gold from 28m; and
3m at 4.91g/t gold, within20m at 1.43g/t gold from 43m;
“The drill results continue to impress, with broad high-grade zones of mineralisation being returned,” Nexus Minerals managing director Andy Tudor said in the company’s ASX announcement.
“The positive link zone drill results allow us to confidently confirm the joining of the Crusader and Templar prospects into a single 1.6 kilometres mineralised corridor.
“With the five drill rigs continuing to operate on site as planned, we are now well into the 6,000 metres diamond drill program and the follow-up 40,000 metres RC program at Crusader-Templar.
“The strength of these results continues to build our confidence in the potential for the Crusader-Templar prospect to evolve into a very large mineralised system.”
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