Nexus Minerals Limited Doubles Gold Prospect Strike to 2.1km at Wallbrook – Breakthrough Aircore Drill Results and RC Drilling Expansion Drive Project Growth
Thursday, June 12, 2025
at
8:23 am
Nexus Minerals Limited reports promising results from its Wallbrook Gold Project’s aircore drilling. The campaign extended the Branches Prospect by 1km—potentially doubling the gold target area. This breakthrough enhances the company’s growth prospects and offers an attractive opportunity for novice traders eyeing gold exploration plays.
Nexus Minerals Limited has released detailed assay results from its extensive regional aircore drilling program at the Wallbrook Gold Project in Western Australia. The campaign, comprising 237 drill holes for over 10,000 metres, targeted three prospects: MC1.4, MC4.3, and MC5.4. The drilling at MC1.4 revealed a significant 1‑kilometre southern extension to the Branches Prospect, potentially extending the mineralized system to about 2.1 kilometres. Notable intercepts at this target include 4 metres at 2.48 grams per tonne gold from 20 metres, 4 metres at 1.92 grams per tonne gold from the surface, and 4 metres at 0.90 grams per tonne gold from 24 metres. These results build on earlier high-grade intercepts recorded historically in the area.
At target MC4.3, the program identified several anomalous zones along a strike length of roughly 1 kilometre, with intercepts including 4 metres at 1.72 grams per tonne gold from 32 metres and further intervals of 4 and 8 metres returning gold grades ranging from 0.75 to 1.30 grams per tonne. In contrast, target MC5.4 returned only minimal mineralization with scattered anomalous intercepts, leading the company to discount further exploration on that prospect. In addition to these aircore results, Nexus Minerals noted that reverse circulation drilling is underway at the recently discovered Payns Prospect, representing an important step to expand near-surface discovery efforts on the project.
The technical details of the drilling program indicate that all samples were collected as composite 4‑metre intervals with additional 1‑metre bottom hole samples. The company’s systematic approach to target vectoring, using both geological observations and multi-element geochemical analysis, underlines its commitment to refining exploration strategies. Managing Director Andy Tudor expressed enthusiasm about the potential for further expansion of the Branches Prospect and highlighted the growing pipeline of high-quality targets, signaling an exciting phase ahead for the Wallbrook Gold Project.
Market sentiment could be viewed in two lights. On the bullish side, the significant extension of the Branches mineralized system, along with encouraging assay results and ongoing reverse circulation drilling, offers a strong case for the project’s growth potential. Conversely, the lackluster performance at target MC5.4 and the relatively modest grades observed at MC4.3 temper expectations, reminding investors that early-stage exploration carries inherent risks. Overall, the technical breakthroughs and planned follow-up programs may provide encouraging progress for those monitoring early-stage gold exploration ventures.