Nexus Minerals Ltd. (AU:NXM) has released an update.
Nexus Minerals Limited has initiated a 1,500-metre diamond drilling program at the Crusader-Templar deposit within the Wallbrook Gold Project, aiming to enhance mine studies and complete a scoping study by late May. The drill results will inform various assessments including metallurgical testwork and geotechnical analysis. Concurrently, the company is preparing to launch a 10,000 metre aircore drilling program targeting four high-potential areas, with the goal of expanding the project’s gold resource base.
For further insights into AU:NXM stock, check out TipRanks’ Stock Analysis page.