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Correction: Airborne Survey Outlines Prominent Mag Low at the New Pilot Copper-Gold Project
(TheNewswire) Vancouver, Canada – TheNewswire - Ju...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Correction: Airborne Survey Outlines Prominent Mag Low at the New Pilot Copper-Gold Project\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, Canada\n–\n \n \n TheNewswire -\n \n \n June 4, 2021\n \n \n - Nexus Gold\nCorp. (“\n \n \n Nexus\n \n \n ” or the “\n \n \n Company\n \n \n ”) (TSX-V: NXS, OTCQB: NXXGF, FSE:\nN6E) is pleased to report it has t\n \n \n he final\nreport from Precision GeoSurveys detailing results for the 301 line\nkilometer airborne magnetic and radiometric survey on the Company’s\nNew Pilot property located in the Bridge River Camp in central B.C.,\nCanada.\n \n \n \n \n The survey outlined a prominent magnetic low occurring\ncoincidentally with an area which has returned high historic gold\nvalues.  Historic Grab samples collected in this area returned values\nof 7.5 grams-per-tonne (“g/t”) gold (“Au”) and 106 g/t Au,\nrespectively.  This magnetic low feature extends for some 450 meters\non the New Pilot property and measures up to 150 meters in width.\n The company is planning a follow up airborne EM survey to cover the\nproperty and to identify potential conductive and resistive zones to\naid in interpretation and identifications of targets for follow up.\n \n \n \n \n \n \n \n \n Click Image To View Full Size\n \n \n \n \n Image 1: Mag low at the New Pilot\nproject, central BC, Canada\n \n \n \n \n New Pilot is a copper-gold exploration property located\nin the historic Bridge River Mining Camp, approximately 180 kilometers\nnorth of Vancouver, and 10.5 kilometres west of the village of Gold\nBridge, British Columbia.\n \n \n \n \n Previous work by the Company in 2019 at New Pilot\nconsisted of a summer reconnaissance and sampling program in and\naround areas of\n \n \n historical exploration.  A\ntotal of 36 rock samples were collected at this time.  Results\nconfirmed a zone of copper-gold mineralization, with selective samples\nreturning values of 15.3 g/t Au, 33.4 g/t, silver (“Ag”), and 2.5%\ncopper (“Cu”), in addition to 4.27 g/t Au, 5.5 g/t Ag, and 0.27%\nCu, and 3.91 g/t Au, 3.72 g/t Ag, and 0.51% Cu (See company News\nRelease dated August 27, 2019).\n \n \n \n \n The 509-hectare property has been the subject of\nhistorical exploration. ...