Latest Payns drilling supports Wallbrook's updated Mineral Resource Estimate.
MiningNews. Net speaks with Nexus Minerals Managing Director Andy Tudor about the latest Payns drill results, what they mean for the Wallbrook Gold Project, and the next steps towards the updated Mineral Resource Estimate. ABOUT THIS COMPANY Nexus Minerals is a well-funded resource company with a portfolio of gold projects in Western Australia, gold-copper & critical minerals in New South Wales and porphyry copper-gold in Bethanga Victoria.
Nexus is actively exploring for gold deposits on its highly prospective tenement package in the Eastern Goldfields of Western Australia. In Western Australia, the consolidation of the highly prospective Wallbrook Gold Project by the amalgamation of existing Nexus tenements with others acquired, will advance these gold exploration efforts. Nexus holds a significant land package of highly prospective geological terrane within a major regional structural corridor and is exploring for gold deposits.
Nexus Minerals' tenement package at the Wallbrook Gold Project commences immediately to the north of Northern Star's multi-million ounce Carosue Dam mining operations (CDO), and current operating Karari and Whirling Dervish underground gold mines. The Company's Pinnacles Gold Project is located immediately to the south of CDO and comprises Nexus 100% owned tenure and Nexus-Northern Star Resources JV tenure. This Pinnacles JV tenure hosts the JORC 2012 combined Mineral Resource Estimate of 609,000t @ 4g/t Au for 78,000 ounces.
In addition to this, the Company has expanded its existing project portfolio with the addition of the granted tenure over 7,500km2 of Gold, Copper and Critical Mineral prospective tenure in NSW, and the Bethanga Porphyry Copper-Gold project in Victoria. HEAD OFFICE: Level 2, 41-47 Colin Street, West Perth WA 6005 TEL: +61 8 9481 1749 EMAIL:
[email protected] WEB: https://www.nexus-minerals.com/ QUOTED SHARES ON ISSUE (ASX: NXM): 603.76 million MARKET CAP (at July 01, 2026): A$27.77million
- Published
- Jul 16, 2026
- Updated
- Jul 16, 2026
- Source
- Mining Journal
- Category
- Business
- Read time
- 1 min
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