• High-grade gold intercepts up to 41.27g/t Au
• Extends shallow, high-grade structure
• Structure remains open to the north
• Multi-prospect Wallbrook MRE on track for completion by September

Nexus Minerals Ltd. has reported high-grade gold results from reverse circulation (RC) drilling at the Templar Prospect, part of the Crusader-Templar Deposit within the Wallbrook Gold Project. The results confirm the extension of a shallow, high-grade mineralised structure with significant intercepts, including 7m at 7.53g/t Au with 1m at 41.27g/t Au. The mineralised structure remains open to the north, indicating potential for further growth. The RC drilling program, which targeted the extension of this high-grade structure, has now reported results from 22 holes totaling 1,810m. With 171 of 196 RC holes (17,477m of 21,985m) reported, the remaining results are expected by the end of August. An updated multi-prospect Wallbrook Mineral Resource Estimate (MRE), which includes the Clement, Payns, and Branches prospects, remains on track for completion by the end of the September quarter.

The company remains optimistic about the potential of the Templar Prospect and the broader Wallbrook Gold Project, with ongoing exploration expected to provide further insights into the deposit's potential.