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    gold investing

    Nexus Minerals Reports Pinnacles GT6 Drill Program Results

    Written by Nicole Rashotte
    |
    May. 08, 2018 07:23AM PST

    Nexus Minerals Limited announced the completion of a 4,672 meter aircore drill program at the Pinnacles GT6 prospect.

    Nexus Minerals Limited (ASX:NXM) announced the completion of a 4,672 meter aircore drill program at the Pinnacles GT6 prospect. Concurrently, Nexus undertook a regional auger geochemical program infilling three key target areas identified in its first pass regional auger geochemical program.

    Highlights are as follows:

    • 4,672m aircore drill program completed at Pinnacles GT6 prospect

    • Four broad spaced lines were drilled, testing a 3 kilometers x 600 meters surface auger gold anomaly

    • 4 meters composite gold results received from approximately 50 percent of program with the balance due this month.

    • Wide anomalous gold intersection to end of hole NPAC032  ➢ 12 meters @ 3.27 grams per tonne of gold (from 100-112 meters end of hole) Incl: 4 meters @ 6.37 grams per tonne of gold (from 108-112 meters end of hole)

    • 6,000m follow up GT6 aircore program covering 800 meters x 400 meters core anomaly to commence early June.

    • Mineralisation in quartz + carbonate + pyrite altered Carosue Dam sediments, adjacent to major regional structure, over gravity low

    • Auger regional geochemical sampling program also completed infilling three targets previously identified – results pending

    Click here to read the full Nexus Minerals Limited (ASX:NXM) press release.

    drill programgold investing
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