Nexus Minerals Ltd. · ASX:NXM

Nexus Minerals — Investor Presentation (May 2024)

19 slides from Nexus Minerals's investor presentation, May 6, 2024

  1. Slide 1: Corporate Presentation

    CORPORATE PRESENTATION 6 MAY 2024 nexus-minerals.com 1

  2. Slide 2: Disclaimer

    DISCLAIMER • This document contains forward looking statements. Forward looking statements are not based on historical facts, but are based on Nexus’s current expectations of future results or events. These forward looking statements are subject to risks, uncertainties and assumptions which could ca

  3. Slide 3: About Nexus Minerals

    ABOUT NEXUS MINERALS CORPORATE OVERVIEW NXM OVERVIEW NEXUS MINERALS LIMITED ASX: NXM SHARES 389M SHARE PRICE A$0.064 MARKET CAP A$24.9M CASH (16/04/2024) A$5.88M ENTERPRISE VALUE A$19M TOP 20 25% BOARD & MANAGEMENT CHAIRMAN MR PAUL BOYATZIS 37 years equity markets and corporate governance MANAGING D

  4. Slide 4: Company Projects

    Au Cu COMPANY PROJECTS WESTERN AUSTRALIA Wallbrook Project Large scale gold deposits VICTORIA Bethanga Project Large Porphyry Copper-Gold NEW SOUTH WALES Gold and Copper + Critical Minerals - Lithium, Caesium, Tantalum & Tin 4

  5. Slide 5: Wallbrook Gold Project

    COMPANY PROJECT WALLBROOK GOLD PROJECT WESTERN AUSTRALIA / EASTERN GOLDFIELDS • 140km northeast of Kalgoorlie in-between Northern Star’s Carosue Dam Operations and Porphyry Mining Centre Operations • Northern Star mining Porphyry Mining Centre sending ore to their Carosue Dam Operations 3.2Mtpa Mill

  6. Slide 6: Systematic and Proven Exploration Approach in an Emerging Gold Camp

    COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS SYSTEMATIC AND PROVEN EXPLORATION APPROACH IN AN EMERGING GOLD CAMP $ ? Monetisation Resource / Reserve Crusader-Templar Deposit - Updated Open Pit Combined MRE 304,000oz (@ 1.7g/t Au) Definition & *Exploration Target 480,0

  7. Slide 7: Emerging Gold Camp

    COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS EMERGING GOLD CAMP • Regional “Gold Camp” prospectivity confirmed with Branches discovery in 2022 and MC4.1 in 2023 • 5 Mineralised Corridors identified to date – MC1 to MC5 • ~90% of 192km2 tenement package yet to be explo

  8. Slide 8: Crusader-Templar Prospect

    COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS CRUSADER-TEMPLAR PROSPECT • 1.6km strike mineralised corridor / 100% Nexus’ owned / Granted ML tenements • Updated Combined Mineral Resource Estimate – 70%+ increase in contained gold • 5.67Mt @ 1.7g/t Au for 304,000 ounces

  9. Slide 9: Crusader-Templar Prospect

    COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS CRUSADER-TEMPLAR PROSPECT Exploration Target = Mineralised envelope Surface to 400m deep / Incl MRE ounces * Note: The potential quality and grade of the Exploration Target is conceptual in nature and as such there has been

  10. Slide 10: Crusader-Templar Prospect

    COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS CRUSADER-TEMPLAR PROSPECT 10

  11. Slide 11: Branches Prospect

    COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS BRANCHES PROSPECT ➢ Mineralised corridor now 1.1km x 300m (remains open) ➢ RC drill results have included: • 5m @ 17.91g/t Au (within 8m @ 11.37g/t Au from 118m) • 5m @ 5.45g/t Au (within 36m @ 2.04g/t Au from 43m) • 12m @

  12. Slide 12: Regional Exploration

    COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS REGIONAL EXPLORATION MC4.1 PROSPECT ➢ Initial RC drilling at MC4.1 has returned outstanding results, including: • 12m @ 2.91 g/t Au (within 32m @ 1.40 g/t Au from 8m) • 4m @ 6.19 g/t Au (within 8m @ 3.26 g/t Au from 96m) •

  13. Slide 13: Company Projects - Bethanga Porphyry Cu-Au Project

    ir =" COMPANY PROJECTS eal BETHANGA td generals) ey PORPHYRY Cu-AU Porgy Cu —— PROJECT epost Prospect Porphyry Cua, Depent TARGETING = LARGE SCALE PORPHYRY-Cu-Au. SYSTEM * Exploration Tenements cover 130km? * Located in Australia’s premier Porphyry Queensland wa Copper-Gold geological terrain” Same

  14. Slide 14: Porphyry Cu-Au Fertility Study Positive Results

    COMPANY PROJECTS BETHANGA PORPHYRY Cu-Au PROJECT VICTORIA PORPHYRY Cu-Au FERTILITY STUDY POSITIVE RESULTS ✓ Fertility study returned positive results ✓ Diamond drill program commenced February 2024 ✓ 3 holes for ~1,500m completed – results pending ✓ The porphyry target zone covers ~8km x 3km, with a

  15. Slide 15: Critical Mineral Targets

    COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH – First Mover Advantage – “Mega Peg” • Nexus Minerals has been granted over 15,000km2 of prospective tenure in north-east Victoria and NSW • First mover advantage allows for regional scale exploration target

  16. Slide 16: Critical Mineral Search - NSW

    COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH - NSW • A review of open file geology and whole-rock geochemistry confirmed that much of the exploration ground granted in southern NSW is underlain by reduced, fractionated, peraluminous S-type granites • S

  17. Slide 17: Planned Exploration Activities

    PLANNED EXPLORATION ACTIVITIES Wallbrook • Undertake Scoping Study • Diamond drill program for Mine Study inputs - Geotechnical / Metallurgical / Hydro / Waste Rock Characterization • Aircore drill testing regional targets Bethanga • Diamond drill program completed • Diamond drill results pending NS

  18. Slide 18: Summary

    SUMMARY WESTERN AUSTRALIA GOLD NSW AND VICTORIA CRITICAL MINERALS • Highly prospective and strategic landholding • Bethanga Porphyry Cu-Au project • Crusader-Templar Prospect discovery in 2021 ➢Diamond drill program completed April 2024 ➢ Diamond drilling and undertake Scoping Study • Branches Prosp

  19. Slide 19: Summary Appendix JORC Tables

    SUMMARY APPENDIX 1 JORC TABLES Crusader-Templar Prospect Combined JORC 2012 Mineral Resource Estimate (0.4g/t Au cut-off) 19

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