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Proactive Gold Webinar sees three companies present intentions to capitalise on strong gold market fundamentals

Three ASX-listed gold exploration companies highlighted upcoming plans during the online gold webinar yesterday.

Nexus Minerals Ltd -
The webinar was livestreamed and can be viewed at any time

Proactive hosted a Gold Webinar yesterday which saw three resource companies – Nexus Minerals Ltd (ASX:NXM), Twenty Seven Co Ltd (ASX:TSC) and Mako Gold Ltd (ASX:MKG) - outline objectives for the year and upcoming plans for 2021 as they aim to capitalise on strong gold market fundamentals.

To view the Gold Webinar investor session click on the following link:https://www.youtube.com/watch?v=ncOxPEXd9_s&ab_channel=Proactive

First to present was TSC’s chief executive officer Ian Warland (above). 

The company highlighted its plan going forward at the newly acquired and highly prospective Mt Dimer Gold Project, which is 200 kilometres north of Southern Cross in Western Australia.

Warland said TSC’s immediate priority remained on confirming and extending gold mineralisation on the mining lease, updating the geological model, ascertaining the potential to resume open pit operations and processing stockpiles to generate early-stage cash flow.

Next up was Nexus Minerals managing director Andy Tudor (above) who discussed the company's strategic landholding of various gold projects in Western Australia.

Tudor said the company was advancing its Pinnacles Joint Venture Project towards near-term gold production with a feasibility underway and targeted for completion in late 2020.

The company hopes to kick-start mining operations in the first quarter of 2021.

Lastly, Mako Gold’s Peter Ledwidge (above) highlighted its golden opportunity at the flagship Napié Project in Côte d’Ivoire, where the company has recently hit bonanza-grade results of up to 143 g/t gold.

Ledwidge said next steps at the project for the remainder of the year included an IP geophysical survey at Gogbala this month to be followed by 5,000 metres of RC and diamond drilling in December.

Quick facts: Nexus Minerals Ltd

Price: 0.13 AUD

Market: ASX
Market Cap: $31.74 m


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