Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Sydney RIU Resources Round-Up Conference 2023
23 slides from Nexus Minerals's conference presentation, May 8, 2023
Slide 1: Sydney RIU Resources Round-Up Conference Presentation
For personal use only SYDNEY RIU RESOURCES ROUND- UP CONFERENCE PRESENTATION 8 MAY 2023 nexus-minerals.com 1
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
Slide 3: About Nexus Minerals
ABOUT NEXUS MINERALS CORPORATE OVERVIEW NXM OVERVIEW For personal use only NEXUS MINERALS LIMITED ASX: NXM SHARES 325M SHARE PRICE A$0.09 MARKET CAP A$29M CASH (31/03/2022) A$6M ENTERPRISE VALUE A$23M TOP 20 28% ASX: NXM YTD BOARD & MANAGEMENT CHAIRMAN MR PAUL BOYATZIS 35 years equity markets and co
Slide 4: Projects
COMPANY For personal use only Darwin PROJECTS Port Hedland NORTHERN Cairns Townsville TARGETING: WESTERN TERRITORY Rockhampton AUSTRALIA QUEENSLAND WESTERN AUSTRALIA Eastern Goldfields Brisbane Large scale gold deposits in SOUTH AUSTRALIA WA’s Eastern Goldfields Kalgoorlie NEW SOUTH WALES Perth Beth
Slide 5: Wallbrook Gold Project
COMPANY PROJECT WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS For personal use only • 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 Ope
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 For personal use only $ ? Monetisation Resource / Reserve Definition & Crusader-Templar Deposit Open Pit Combined MRE 175,000oz Feasibility Branches Prospe
Slide 7: Emerging Gold Camp
COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS EMERGING GOLD CAMP • Regional “Gold Camp” prospectivity confirmed with Branches For personal use only discovery in 2022 • 5 Mineralised Corridors identified to date – MC1 to MC5 • ~90% of 204km2 tenement package yet to be e
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 For personal use only • Positive metallurgical testwork – high gold recoveries Oxide material 98% / Fresh material 97.
Slide 9: Branches Prospect
COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS BRANCHES PROSPECT ➢ Mineralised corridor now 1.1km x 300m (remains open) “The Right Rocks” For personal use only ➢ 2022 RC drill results have included: • 5m @ 17.91g/t Au (within 8m @ 11.37g/t Au from 118m) • 5m @ 5.45g/t A
Slide 10: Regional Exploration Target 4.1
COMPANY PROJECTS WALLBROOK GOLD PROJECT WESTERN AUSTRALIA/EASTERN GOLDFIELDS REGIONAL EXPLORATION TARGET 4.1 For personal use only ➢ First pass aircore drill program defines multi-element (Au, Bi, Te, Mo) anomaly ➢ Aircore drill results include: • 8m @ 4.00 g/t Au (within 21m @ 1.69 g/t Au from 24m)
Slide 11: Bethanga Porphyry Cu-Au Project
COMPANY PROJECTS BETHANGA PORPHYRY Cu-AU PROJECT For personal use only TARGETING = LARGE SCALE PORPHYRY Cu-Au SYSTEM • Exploration Tenements cover 130km2 • Located in Australia’s premier Porphyry Copper-Gold geological terrain • Same geological host as the world class Cadia-Ridgeway and Northparkes
Slide 12: Porphyry Cu-Au Exploration Model
COMPANY PROJECTS BETHANGA PORPHYRY Cu-Au PROJECT VICTORIA PORPHYRY Cu-Au EXPLORATION MODEL • Typical Cu-Au porphyries display a magnetic “potassic zone” at the core For personal use only of the system containing alteration minerals magnetite, biotite and k- feldspar. • This potassic zone is surround
Slide 13: Porphyry Cu-Au Fertility Study Positive Results: Geochemistry
COMPANY PROJECTS BETHANGA PORPHYRY Cu-Au PROJECT VICTORIA PORPHYRY Cu-Au FERTILITY STUDY POSITIVE RESULTS Geochemistry • Porphyry Cu-Au fertility study returns positive outcomes with Bethanga For personal use only highly prospective for hosting a porphyry Cu-Au system • Drill targets identified – di
Slide 14: Porphyry Cu-Au Fertility Study Positive Results: Geophysics
COMPANY PROJECTS BETHANGA PORPHYRY Cu-Au PROJECT VICTORIA PORPHYRY Cu-Au FERTILITY STUDY POSITIVE RESULTS Geophysics • The porphyry target zone covers ~8km x 3km For personal use only • With a high priority target zone of ~3km x 1.5km • Aeromagnetic and ground magnetic surveys confirm existence of m
Slide 15: Bethanga Exploration Model – The Science
COMPANY PROJECTS BETHANGA PORPHYRY Cu-Au PROJECT VICTORIA PORPHYRY Cu-Au – Bethanga Exploration Model – The Science* • Bethanga Gneiss considered to be pre-Ordovician (older than 480Ma) For personal use only • The Bethanga Gneiss may belong to a distinct metamorphic series - not the regional Omeo Me
Slide 16: Porphyry Cu-Au Summary
COMPANY PROJECTS BETHANGA PORPHYRY Cu-Au PROJECT VICTORIA PORPHYRY Cu-Au Summary ✓ Fertility study returns positive results For personal use only ✓ The porphyry target zone covers ~8km x 3km, with a high priority target zone of ~3km x 1.5km ✓ Aeromagnetic and ground magnetic surveys confirm existenc
Slide 17: Critical Mineral Search – First Mover Advantage
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 • For personal use only First mover advantage allows for regional sc
Slide 18: Critical Mineral Search - NSW
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH - NSW Over 15,000km2 of prospective WOZ ground tenements granted First mover advantage allows for regional scale exploration targeting with one of For personal use only the largest pegging exercises in NSW h
Slide 19: Critical Mineral Search - Victoria
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH - Victoria LCT Pegmatite Exploration • The discovery of spodumene-bearing LCT pegmatite dykes in the Dorchap Range of For personal use only north-eastern Victoria has spurred exploration interest for critica
Slide 20: Merrimac LCT Project
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH - Victoria Merrimac LCT Project • The Merrimac tenement, in addition to the Nexus under application tenement For personal use only abutting to the south, provides over 10km strike of prospective LCT pegmatit
Slide 21: Planned Exploration Activities 2023
PLANNED EXPLORATION ACTIVITIES 2023 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sept-23 Crusader- MRE Release Templar Branches RC Drilling For personal use only Wallbrook Target 4.1 RC Drilling Ground truthing / drill program planning (Target 3.2) AC Drilling Regional Soil survey MC1-MC5 Porphyry fertility D
Slide 22: Summary
SUMMARY WESTERN AUSTRALIA GOLD VICTORIA AND NSW CRITICAL MINERALS • Highly prospective and strategic landholding • Bethanga Porphyry Cu-Au project - positive fertility assessment – drill ready For personal use only • Crusader-Templar Prospect discovery in 2021 • NSW LCT Pegmatite project – ~15,000km
Slide 23: Appendix: JORC Tables
SUMMARY APPENDIX 1 JORC TABLES Crusader-Templar Prospect Combined JORC 2012 Mineral Resource Estimate (1g/t Au cut-off) For personal use only 23
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