Nexus Minerals Limited announced significant high-grade gold assay results from drilling completed at regional prospects, Branches, Solomon and Clement (new prospect), within the Company's Wallbrook gold project in WA. Nexus is undertaking a significant drill campaign at its Wallbrook gold project, 140km northeast of Kalgoorlie Western Australia. Three RC drill rigs and two diamond drill rigs are currently operating to evaluate the gold prospectivity across Nexus' extensive 250km2 tenement package.

Initial regional drilling has concentrated on the Branches and Solomon Prospects. Solomon lies 800m north ofTemplar, with Branches a further 2km north. These prospects sit on mineralised corridor 1 (MC1) that has been defined over 5km in length and some 300m wide.

The mineralised corridor remains completely open at depth and to the north, where Nexus tenure continues along strike for a further 5km to beyond The Gap Prospect. In a parallel mineralised corridor, the newly named Clement Prospect is located 500m to the east of the Crusader-Templar prospect on the next mineralised corridor 2 (MC2). A seven hole 1,104m RC drill program was recently completed at Clement and encouragingly sheared and hematite altered mineralised quartz porphyry units were intersected, with results from three holes received to date.

The results from the other four holes are pending. Drilling at the Branches prospect consisted of a 4,814m, 22-hole RC program. The drilling successfully intersected mineralisation associated with sheared and hematite altered mineralised quartz porphyry units ­ "the right rocks", and the same rocks that host the gold mineralisation at the companies Crusader-Templar gold prospect over 5km to the south, and Northern Star's multi-million ounce Carosue Dam Gold Project a further 30km to the south.

A ~4,000m follow-up RC drill program has commenced to test for depth and strike extensions to the mineralisation. Recent results from Branches Prospect drilling (sorted by depth) include: Hole #418: 5m @ 5.45g/t Au and 3m @ 6.07g/t Au (within 36m @ 2.04g/t Au from 43m); Hole #414: 6m @ 3.95g/t Au (within 31m @ 1.31g/t Au from 113m); Hole #416: 5m @ 17.91g/t Au (within 8m @ 11.37g/t Au from 118m); Hole #383: 8m @ 2.52g/t Au (within 13m @ 1.66g/t Au from 134m); Hole #424: 6m @ 3.05g/t Au (within 9m @ 2.22g/t Au from 232m). Drilling at the Solomon prospect was aimed at delineating the position of the mineralised corridor ­ in the absence of any previous drilling.

The program consisted of a 24 hole, 5,594m RC program covering four lines. The drilling successfully intersected the mineralisation on all four lines, associated with sheared and hematite altered mineralised quartz porphyry units, "the right rocks", hence defining the mineralised corridor. This will aid Nexus in guiding follow up RC drill programs to ultimately test the full 5km strike length of the mineralized corridor.

There will be a natural "pinch and swell" morphology to the mineralisation and closer spaced drill lines (<100m spacing) will be required to determine where the best of the mineralisation lies, along the 5km of strike extent identified by Nexus to date. Recent results from Solomon Prospect drilling include: Hole #449: 10m @ 3.40g/t Au (within 22m @ 1.88g/t Au from 133m); Hole #451: 3m @ 4.69g/t Au (within 26m @ 1.06g/t Au from 258m). A seven hole 1,104m RC drill program was recently completed at the newly named Clement Prospect, located 500m to the east of the Crusader-Templar prospect, in an adjacent mineralised corridor MC2.

Encouragingly sheared and altered hematite altered mineralised quartz porphyry units were intersected being "the right rocks". Results from three holes have been received to date. The results from the other four holes are pending.

Results include: Hole#465: 4m @ 3.73g/t Au (within 10m @ 1.70g/t Au from 151m); Hole#461: 2m @ 5.57g/t Au (within 10m @ 1.29g/t Au from 71m).