Target MC4.1 RC Results Deliver New Wallbrook Gold Discovery

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Stock Nexus Minerals Ltd (NXM.ASX)
Release Time 5 Nov 2025, 8:31 a.m.
Price Sensitive Yes
 Target MC4.1 RC Results Deliver New Wallbrook Gold Discovery
Key Points
  • Drilling at Amand Prospect (formerly Target MC4.1) has identified multiple mineralised lodes over a 1.7km x 600m footprint
  • Highlight results include 95m @ 0.97 g/t Au, 8m @ 1.46 g/t Au, 6m @ 1.65 g/t Au, and 10m @ 1.66 g/t Au
  • Mineralisation remains open at depth and along strike, offering significant scale upside
Full Summary

Nexus Minerals has received final gold assay results from its recent 6,155 metre / 59 hole reverse circulation (RC) drilling program at the Wallbrook Gold Project, 140km northeast of Kalgoorlie, Western Australia. The program was completed over the Clement, Godfrey, and Target MC4.1 (now renamed Amand) prospects, with results successfully confirming significant gold mineralisation within targets previously identified in aircore (AC) drilling. Highlights from the Amand Prospect include 95m @ 0.97 g/t Au from 15m, including 2m @ 8.36 g/t Au, 8m @ 1.46 g/t Au from 52m, 6m @ 1.65 g/t Au from 84m, and 10m @ 1.66 g/t Au from 100m. These results add to previous drilling success at Amand, including 23m @ 2.52 g/t Au and 6m @ 4.28 g/t Au. The drilling has identified multiple mineralised lodes within a substantial 1.7km x 600m footprint, with mineralisation remaining open at depth and along strike, offering significant scale upside. The Company's systematic exploration approach continues to yield success at the broader Wallbrook Gold Project, with further drilling planned to fully assess the mineralisation potential of this emerging prospect.

Outlook

Nexus' systematic regional exploration program continues, with a 10,000 metre aircore drilling campaign currently underway. The Company looks forward to providing further updates as one metre RC results are received from Clement and Godfrey, and as aircore drilling concludes in mid-November, with results to follow shortly thereafter.