Latest Nexus Minerals (ASX:NXM) News

Nexus Minerals Limited has updated its exploration progress with significant gold resources at Wallbrook and Pinnacles projects, alongside promising new discoveries and ongoing drilling campaigns.

Nexus Minerals reports breakthrough regional exploration success at its Wallbrook Gold Project with two new significant gold discoveries and expanded mineralisation footprints, while progressing mine studies and permit applications.

Nexus Minerals has raised A$8.1 million through an institutional placement led by North American investors, boosting its cash reserves to over A$12 million to accelerate exploration at the Wallbrook Gold Project in Western Australia.

Nexus Minerals has launched an 11,000-metre aircore drilling program at its Wallbrook Gold Project, targeting promising new and existing gold prospects with assay results expected by April 2025.

Nexus Minerals reports significant exploration success at its Wallbrook Gold Project with two new gold discoveries and robust assay results from a recent aircore drilling campaign. The company plans further drilling to expand these promising targets.