Wallbrook Project Aircore Drill Results & Exploration Update
| Stock | Nexus Minerals Ltd (NXM.ASX) |
|---|---|
| Release Time | 9 Dec 2025, 8:37 a.m. |
| Price Sensitive | Yes |
Nexus Minerals Delivers Exceptional Wallbrook Exploration Update
- Five regional prospects now advancing toward Resource Definition drilling
- Prospects represent material Mineral Resource growth opportunity
- Exploration success highlights emerging gold camp at Wallbrook
Nexus Minerals has been undertaking a systematic exploration strategy at the Wallbrook Gold Project, successfully establishing the foundations of a significant, emerging gold camp. Over the past 18 months, the Company has progressed a regional exploration strategy driven by targeted aircore and follow-up reverse circulation (RC) drilling programs. This regional effort has now defined five prospects - Branches, Payns, Clement, Amand and Godfrey - each advancing toward a Resource Definition exploration phase. These prospects collectively display large, mineralised footprints, all remaining open along strike and down dip. The prospects form part of the broader Wallbrook mineralising system, with distinct similarities in alteration styles and mineralisation controls across the project. Recent RC drilling at the Clement Prospect, located 250 metres east of the Crusader-Templar deposit, has delivered compelling evidence of a connected mineralised system, with alteration and mineralisation styles exhibiting pronounced similarities to those observed at Crusader-Templar. The exploration success confirms Wallbrook as a developing regional gold camp with significant potential to deliver material growth. In combination, these targets highlight the immediate opportunity to grow the Mineral Resource inventory within immediate reach of the Company's near-term production opportunity at the Crusader-Templar deposit.
Nexus remains focused on efficiently expanding and converting these prospects into resources.