Business
Nexus Gold Drills 26.69 g/t Au over 4.85m, Including 120 g/t Au OVER 1m, at Niangouela Gold Concession, Burkina Faso, West Africa
(via TheNewswire) Vancouver, Canada / TheNewswire / March 7, ...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Drills 26.69 g/t Au over 4.85m, Including 120 g/t Au OVER 1m, at Niangouela Gold Concession, Burkina Faso, West Africa(via TheNewswire)\n \n \nVancouver, Canada / TheNewswire / March 7, 2017 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS, OTC: NXXGF, FSE: N6E) is pleased to announce initial assay results from its phase one diamond drill program conducted on the 178-square kilometer Niangouela exploration permit located approximately 85 kilometers north of Ouagadougou, Burkina Faso. \n\n\n \nThe first phase diamond drill program was designed to test anomalous rock samples collected from underground artisanal workings and anomalous Rotary Air Blast (RAB) drilling completed by the company in December 2016. This initial program successfully intersected gold mineralization in eight of the first nine holes drilled on the concession. The mineralization was contained in a silicified shear zone occurring in the host granite, associated with the shear was primary quartz veins. \n\n\n \nSignificant gold mineralization was encountered in four of the eight holes reporting gold intercepts. NGL-17-DD-008 returned 26.69 grams per tonne (\"g/t\") gold over 4.85 metres (including 8.50 g/t gold over 0.62 metre, and 120.00 g/t gold over 1.03 metres). Hole NGL-17-DD-006 returned 4.00 g/t gold over 6.20 metres (including 20.50 g/t gold over 1.00 metre). NGL-17-DD-009 returned 2.61 g/t gold over 4.00 metres (including 5.92 g/t gold over 1.00 metre), and NGL-17-DD-003 returned 1.80 g/t gold over 5.10 metres (including 6.14 g/t gold over 1.10 metres). \n\n\n \nThe assay results from the phase one program are tabled below:\n\n \n\nHole ID\n\n\n\n\nAzimuth\n\n\n\n\nDip\n\n\n\n\nFROM (m) \n\n\n\n\nTO (m)\n\n\n\n\nINTERCEPT (metres)\n\n\n\n\nAu gram/tonne\n\n\n\n\nNGL-17-DD-001\n\n\n\n\n10\n\n\n\n\n-50\n\n\n\n\n76.00\n\n\n\n\n87.00\n\n\n\n\n11.00\n\n\n\n\n0.32\n\n\n \n \n\n\nINCLUDES \n\n\n\n\n83.00\n\n\n\n\n84.00\n\n\n\n\n1.00\n\n\n\n\n1.21\n\n\n\n\nNGL-17-DD-002\n\n\n\n\n190\n\n\n\n\n-60\n\n\n\n\n84.50\n\n\n\n\n85.50\n\n\n\n\n2.00\n\n\n\n\n1.05\n\n\n \n \n \n\n\n104.50\n\n\n\n\n105.50\n\n\n\n\n1.00\n\n\n\n\n1.32\n\n\n\n\nNGL-17-DD-003\n\n\n\n\n185\n\n\n\n\n-50\n\n\n\n\n86.40\n\n\n\n\n91.50\n\n\n\n\n5.10\n\n\n\n\n1.80\n\n\n \n \n\n\nINCLUDES \n\n\n\n\n86.40\n\n\n\n\n87.50\n\n\n\n\n1.10\n\n\n\n\n6.14\n\n\n\n\nNGL-17-DD-004\n\n\n\n\...