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Drilling Extends Koaltenga Gold Zone Strike Length to 1200 Meters at Rakounga Concession
(via TheNewswire) Vancouver, Canada / TheNewswire / October 2...
About this update from Nexus Gold Corp.
[{"type":"text","content":"\nDrilling Extends Koaltenga Gold Zone Strike Length to 1200 Meters at Rakounga Concession(via TheNewswire)\n \n \nVancouver, Canada / TheNewswire / October 25, 2018 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS, OTCQB: NXXGF, FSE: N6E) is pleased to report initial results from the first few holes drilled during its recent reverse circulation drill program completed at the Rakounga gold concession, located 109 kilometers north of Ouagadougou, Burkina Faso. \n\n \n \nThe reverse circulation drilling was conducted in two portions consisting of step out drilling on the previously identified gold mineralization at the Koaltenga zone. The goal of the step out holes was to, if possible, extend the strike length of the Koaltenga gold zone and further define the mineralized structure.\n\n \n \nSignificant results from the step out drilling at Koaltenga were obtained in holes RKG-18-RC-027 which returned 1.0 gram per tonne (\"g/t\") gold (\"Au\") over 10 meters (including 2.67 g/t over 2 meters, and 1.25 g/t Au over 2 meters), hole RKG-18-RC-035 which returned 0.50 g/t Au over 12 meters (including 2.00 g/t over 2 meters), and 0.40 g/t Au over 10 meters respectively. These results combined with the 32 meters of 1.01 g/t Au (including 6 meters of 2.81 g/t Au, and 2 meters of 5.65 g/t Au) and the 34 meters of 1.00 g/t Au (including 4 meters of 5.57 g/t Au) recovered from RC holes RKG-17-RC-002 and RKG-17-RC-008 respectively, drilled in November 2017, now outlines a mineralized gold structure with a strike length of at least 600 meters. An additional 600 meters identified through the recent sampling programs, active orpaillages (artisanal mining activity), and coincidental geophysics, extends the strike length to a total 1200 meters (see figure 1).\n\n \n \n\"This is a prominent structure that we've found,\" said Vice President of Exploration, Warren Robb. \"The results of the first few holes from the recent program, combined with our soil-grid geochemical program and re-interpretation of the Regional Geophysical data, outline a coincident anomalous gold trend extending for at least 1200 meters. This is a significant development and we will execute additional ground work to determine the parameters of this expanding zone,\" continued Mr. Robb.\n\n \n \nKoaltenga significant results to date (see figure 1):\n\n \n \n\n\n\n\n\n\...