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Nemex Resources Limited is an Australian publicly-listed company (ASX: NXR) focused on exploring its Coastal Iron Ore Project in Guinea, West Africa.

The Coastal Project is one of the high-quality iron projects in which Nemex has secured a majority interest. Nemex, which has a highly experienced operational team, is working to fast-track the exploration over the large project, offering shareholders entry into a world-class iron ore district.

Guinea, West Africa

  • ✔ Coastal Iron Project [3 exploration licences covering 965km²  and 3 exploration licence applications of 1,205km² ] with significant surface ironstone mineralisation identified over all licences
  • ✔ Hematite ore, with initial sampling indicating direct shipping ore (DSO) quality
  • ✔ Excellent infrastructure in place with two rail lines nearby connecting to two deep water ports
  • ✔ Resource potential 
  • ✔ Drill-testing of more than 10km²  of surface ironstone targets is underway
  • ✔ Nemex owns and operates its own RC drill rig and Niton x-ray fluorescence (XRF) spectrometer

 Nemex Resources also owns the Woodley Project in the Mid West region of Western Australia –on which it has completed an initial phase of reconnaissance drilling. Nemex has entered a joint venture agreement with Golden West Resources Limited (ASX: GWR) in relation to the Woodley Iron Project in which GWR may spend $1 million on exploration to earn 85%.