Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — AIG Victorian Minerals Round Up (June 2023)
20 slides from Nexus Minerals's conference presentation, Jun 22, 2023
Slide 1: Critical Metals Exploration in Northeast Victoria and Southern New South Wales
For personal use only CRITICAL METALS EXPLORATION IN NORTHEAST VICTORIA AND SOUTHERN NEW SOUTH WALES PRESENTATION 22‐23 JUNE 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: Company Projects
For personal use only COMPANY 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 4: Conceptual Approach: Magmatic Hydrothermal Systems
COMPANY PROJECTS CONCEPTUAL APPROACH VICTORIA & NEW SOUTH WALES MAGMATIC HYDROTHERMAL SYSTEMS • Magmas associated with porphyry Cu‐Au systems are typically: For personal use only (From Blevin et al., 1996) ‐ Oxidised to strongly oxidised (magnetite series) ‐ Poorly evolved, primitive melts (K/Rb rat
Slide 5: Cu-Au Project: Targeting Large Scale Porphyry Cu-Au System
COMPANY PROJECTS BETHANGA PORPHYRY Cu‐AU For personal use only PROJECT TARGETING = LARGE SCALE PORPHYRY Cu‐Au SYSTEM • Exploration Tenements cover 130km2 • Located in Australia’s premier Porphyry Copper‐Gold geological terrain • Same Paleozoic rock package as the world class Cadia‐Ridgeway and North
Slide 6: Porphyry Cu-Au Exploration Model
COMPANY PROJECTS BETHANGA PORPHYRY Cu‐Au PROJECT VICTORIA PORPHYRY Cu‐Au EXPLORATION MODEL (Modified from Cohen, 2011) • 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. • Th
Slide 7: Porphyry Cu-Au Work Completed to Date
COMPANY PROJECTS BETHANGA PORPHYRY Cu‐Au PROJECT VICTORIA PORPHYRY Cu‐Au WORK COMPLETED TO DATE • 430 rock chip samples (307 by 4‐acid digestion & 123 by whole‐rock For personal use only analyses) and 841 regional soil samples (aqua regia digestion with an ICP‐OES/MS instrumental finish) over the we
Slide 8: 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 prospective for hosting a porphyry Cu‐Au system • Drill targets identified – diamond d
Slide 9: Porphyry Cu-Au Fertility Study Positive Results: Alteration
COMPANY PROJECTS BETHANGA PORPHYRY Cu‐Au PROJECT VICTORIA PORPHYRY Cu‐Au FERTILITY STUDY POSITIVE RESULTS Alteration • 4‐acid digest and whole‐rock geochemical data indicate the presence of For personal use only strong phyllic alteration (Na loss) associated with breccias and aplite dykes • Short‐wa
Slide 10: Porphyry Cu-Au Fertility Study Positive Results: Geophysics
COMPANY PROJECTS BETHANGA PORPHYRY Cu‐Au PROJECT VICTORIA PORPHYRY Cu‐Au FERTILITY STUDY POSITIVE RESULTS Geophysics For personal use only • The porphyry target zone covers ~8km x 3km, with a high priority target zone of ~3km x 1.5km in multi‐element zone • Aeromagnetic and ground magnetic surveys c
Slide 11: 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 12: Critical Mineral Search – First Mover Advantage – Mega Peg
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 For personal use only in north‐east Victoria and NSW • First mover advantage allows for regional sc
Slide 13: 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 For personal use only First mover advantage allows for regional scale exploration targeting with one of the largest pegging exercises in NSW h
Slide 14: Preliminary Fertility Assessment – NSW
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA PRELIMINARY FERTILITY ASSESSMENT ‐ NSW • Insufficient data are readily available in the GSNSW lithogeochemistry and geology datasets to For personal use only determine degree of oxidation and fractionation • What data are available
Slide 15: Critical Mineral Search – Victoria: LCT Pegmatite Exploration
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH ‐ Victoria LCT Pegmatite Exploration For personal use only • The discovery of spodumene‐bearing LCT pegmatite dykes in the Dorchap Range of north‐eastern Victoria has spurred exploration interest for critica
Slide 16: Critical Mineral Search – Victoria: Merrimac LCT Project
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH ‐ Victoria Merrimac LCT Project For personal use only • The Merrimac tenement, in addition to the Nexus under application tenement abutting to the south, provides over 10km strike of prospective LCT pegmatit
Slide 17: Merrimac Cu-Au Potential
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH ‐ Victoria Merrimac Cu‐Au Potential For personal use only Dorchap LCT Banimboola Quartz • Contains the historical Merrimac Creek alluvial goldfield with associated pegmatite Monzodiorite swarm strongly Au‐mi
Slide 18: Hopeful Cu-Au Mine
COMPANY PROJECTS CRITICAL MINERAL TARGETS NEW SOUTH WALES & VICTORIA CRITICAL MINERAL SEARCH ‐ Victoria Hopeful Cu‐Au Mine For personal use only • Historical sample high of 141.52 g/t Au & 8.5% Cu (346/47) • Mineralized lode material – 87.48 g/t & 3.5% Cu (755/47) Charleston • Northwest‐trending lin
Slide 19: Planned Exploration Activities 2023
PLANNED EXPLORATION ACTIVITIES 2023 Apr‐23 May‐23 Jun‐23 Jul‐23 Aug‐23 Sept‐23 Porphyry fertility Diamond Drill targets identified and Diamond Drill For personal use only Bethanga Porphyry Cu‐Au assessment drill program planning program results positive NSW tenure processing of regional geochemistry
Slide 20: Summary
SUMMARY VICTORIA AND NSW CRITICAL MINERALS • Bethanga Porphyry Cu‐Au project ‐ positive fertility assessment – drill ready For personal use only • NSW LCT Pegmatite project – ~15,000km2 recently granted / regional processing of geochemistry and geophysical datasets underway • Granya LCT Pegmatite pr
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