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Nexus Gold Acquires Manzour-Dayere Gold Project, Burkina Faso, West Africa
(via TheNewswire) Vancouver, Canada - TheNewswire - February ...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Acquires Manzour-Dayere Gold Project, Burkina Faso, West Africa(via TheNewswire)\n \n \nVancouver, Canada - TheNewswire - February 4, 2020 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to announce that it's wholly owned subsidiary, Nexus Gold Corp. Burkina SARL, has acquired through application a 100% percent interest in the 190.53 sq-km (19,053-hectare) Manzour-Dayere gold exploration permit located on the Boromo Greenstone belt, 325 km south west of the capital city of Ouagadougou, Burkina Faso, West Africa. \n\n\n \nHistorical exploration conducted on the property between 2011 and 2014 has identified an area of large artisanal workings (\"orpaillage\") located on the property. Sampling* conducted at this time throughout the artisanal workings returned reported high-grade values of 132 grams-per-tonne (\"g/t\") gold (\"Au\"), 85.40 g/t Au, 61.20 g/t Au, and 27.9 g/t Au, from select grab samples of quartz veining at the orpaillage, while select grab samples of the sedimentary host rock have returned values of 103 g/t Au and 21.40 g/t Au, respectively. The workings on the orpaillage are extensive and extend to depths of 60 to 80 meters below surface. \n\n\n \nManzour-Dayere is situated in southwestern Burkina Faso, near the border with Ghana. This area is home to several producing mines, including Yaramoko (Roxgold), Hounde (Endeavour), Poura (Newmont), Bondi (Sarama) and Gaoua (B2Gold). \n\n\n \n\"We are pleased to add Manzour to our portfolio of exploration projects. It's a large concession in an area of intense artisanal activity, and in a proven belt that is home to some of the country's most prolific mines,\" said president & CEO, Alex Klenman. \"The limited sample results we have reviewed to date have shown the presence of some compelling high-grade values. We like the potential this suggests and intend to pursue a development plan we can execute in the near term. With drilling at Dakouli 2 planned, development of Bouboulou, and now the addition of Manzour, we have a busy year ahead in Burkina,\" continued Mr. Klenman.\n\n\n \n\nClick Image To View Full Size\n\n \n \nFigure 1: Burkina Faso country map with producing mines and Nexus Gold projects\n\n\n \n\nClick Image To View Full Size\n\n \n \nFigure 2: Manzour-Dayere boundary with location of historical sample...