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NEX METALS EXPLORATIONS LTD 100% Kookynie Gold Project 13.5% Gold Resource Increase, 21.65 Mt for 716,000 gold ounce Mineral Resource Estimate.

Nex Metals Explorations Ltd (ASX; NME) (“Nex”) is pleased to announce an update of the Mineral Resource Estimates for the Kookynie Gold Project’s Phase 3 area. The estimates have been completed by Apex Geoscience Ltd (Apex). Apex have calculated the resources in the previously unreported Niagra and Gladstone areas. The result is a significant 13.5% increase in gold ounce mineral resource estimate to a total 716,000 ounce gold inventory for Nex Metals shareholders. The directors believe there is huge potential to increase the Kookynie resources.

Drilling to this aim will occur once the Laterite Dump Leach mining is underway and settled.

For more information please visit the website www.nexmetals.com. Mr Ken Allen Mr Edd Prumm Managing Director Technical Director 0448 447 472 0448 966 377.

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