Business
Geophysical Survey Confirms Drill Targets at Nexus Gold's Walker Ridge Gold Project, Nevada
- Survey identifies 38 points of interest occurring in eight clusters over an area of two squa...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Geophysical Survey Confirms Drill Targets at Nexus Gold's Walker Ridge Gold Project, Nevada- Survey identifies 38 points of interest\noccurring in eight clusters over an area of two square miles- Survey supports previous geochemical, geophysical and\ngeo-chronological work - Survey confirms previously selected drill hole\nlocations- Company intends to commence drill program in January,\n2015Vancouver, BC / ACCESSWIRE / December 4, 2014 / Nexus Gold\nCorp. (\"Nexus\" or the\n\"Company\") (TSX-V: NXS) is pleased to announce it has\nreceived the geophysical survey report from Vital\nGeoSURVEY(TM) Ltd. (\"Vital\")\nconducted at the Company's Walker Ridge Gold Project in October\nand November of this year. Walker Ridge is a 100%\noptioned, advanced-stage, Carlin-type gold exploration project located on\n4600 acres (1862 hectares) in the Jerritt Canyon/Independence Trend, Elko\nCounty, Nevada. \nThe survey conducted on the property has\nidentified 38 points of interest occurring in eight clusters over\napproximately a two square mile area (518 hectares) within the\nCompany's claim block. Seven of the clusters\nare coincidental to anomalous mercury and antimony geochemical results as\nwell as CSAMT and gravity geophysical anomalies previously identified on\nthe property. The largest of the clusters is a new sizable\ntarget area situated along the eastern flank of the geochemical and\ngeophysical anomalies mentioned above.\n\"The Vital survey indicates a number of\nclusters and points of interest have been identified at or near our drill\ntarget locations,\" stated Peter Berdusco, President and CEO of\nNexus Gold Corp. \"However, what we find most\ncompelling is how the results of this survey matched so well with our\nexisting geophysical, geochemical and geo-chronological data.\"\n\"We are quite pleased with how the clusters\nare radially arranged around the Carlin-age intrusive at the core of our\ngeochemical and geophysical anomalies,\" continued Mr.\nBerdusco. \"We feel that the results of this survey\ncan potentially optimize drill-hole selection, and will be instrumental\nin planning our 2015 drill program.\"\nVital's approach is unique and is not a\nvariation of other forms of geophysical detection technology. The\ntechnology permits the in situ detection and identification of the\nchemical constituents within host rock matrixes....