Nexus Minerals Limited has received the final tranche of reverse circulation assay results from the Templar prospect, returning high-grade gold intercepts including 7 metres at 7.53g/t Au with a 1-metre sample grading 41.27g/t Au from 48 metres.

The latest data covers 22 reverse circulation holes for 1,810 metres of extensional mineral resource definition drilling at Templar, part of the Crusader-Templar deposit at the Wallbrook gold project in Western Australia. Other significant intercepts from the program include 6 metres at 5.63g/t Au, featuring 1 metre at 15.29g/t Au from 51 metres, and 3 metres at 4.16g/t Au from 40 metres.

The drilling successfully extended a shallow, high-value structure within the Templar portion of the deposit, which remains open to the north for future follow-up work. Nexus Minerals has now reported assay results for 171 of 196 reverse circulation holes, representing 17,477 metres of the 21,985-metre program.

“These are excellent, high-grade results from the northern Templar component of the Crusader-Templar Deposit. Drilling targeted extensions to a shallow, high-grade structure and the results have confirmed these valuable extensions. Importantly, this structure remains open to the north, providing ongoing clear mineralisation upside.”

— Andy Tudor, Managing Director

Systematic regional exploration across the broader Wallbrook tenement package has advanced multiple prospects toward resource definition drilling. The company expects to receive and report all remaining reverse circulation results from the southern Crusader portion of the deposit by the end of August 2026.

Managing Director Andy Tudor noted that the results contribute directly to the upcoming multi-prospect Wallbrook Mineral Resource Estimate, which remains on track for completion by the end of the September quarter and will incorporate the Clement, Payns and Branches prospects alongside an upgrade to the existing Crusader-Templar resource.

Read the full announcement: Hi-Grade Drill Results up to 41.27g/t Au at Templar Prospect