Business

Nexus Gold Drills 32m of 1.01 g/t Au, Including 2m of 5.65 g/t Au, In First Drill Holes At Rakounga Gold Concession, Burkina Faso

(via TheNewswire) - Four of the first five drill holes inte...

articleNexus Gold Corp.November 16, 20174/company/nexus-gold-corp/news/nexus-gold-drills-32m-of-101-gt-au-including-2m-of-565-gt-au-in-first-drill-holes-at-rakounga-gold-concession-burkina-faso
Nexus Gold Drills 32m of 1.01 g/t Au, Including 2m of 5.65 g/t Au, In First Drill Holes At Rakounga Gold Concession, Burkina Faso

About this update from Nexus Gold Corp.

[{"type":"text","content":"Nexus Gold Drills 32m of 1.01 g/t Au, Including 2m of 5.65 g/t Au, In First Drill Holes At Rakounga Gold Concession, Burkina Faso(via TheNewswire)\n \n \n\n\n- Four of the first five drill holes intersect gold\n\n\n\n- Hole RC-001 returns 26m of .82 g/t Au, including 2m of 4.11 g/t Au\n\n\n\n- Hole RC-002 returns 32m of 1.01 g/t Au, including 2m of 5.65 g/t Au\n\n\n\n- Hole RC-003 returns 6m of 1.06 g/t Au & Hole RC-005 returns 4m of 1.38 g/t Au\n\n\n\n \n \nVancouver, Canada / TheNewswire / November 16, 2017 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS, OTC: NXXGF, FSE: N6E) is pleased to announce assay results from the first five reverse circulation (\"RC\") drill holes conducted at the Rakounga gold concession, located 109 km north of Ouagadougou, Burkina Faso. \n\n\n \nGold mineralization was intersected in four of the first five holes drilled on the property. Significant results were returned from holes RKG-17-RC-001 and RKG-17-RC-002, which returned extended intercepts of 26 metres grading 0.82 grams per tonne (\"g/t\") gold (\"Au\"), including two metres of 4.11 g/t Au, and 32 metres of 1.01 g/t Au, including two metres of 5.65 g/t Au, respectively. \n\n\n \nThe current drill program is designed to test the mineral bearing potential of the artisanal workings (orpaillages) referred to as Koaltenga, Porphyry and Gounga. All five holes targeted the Koaltenga zone, an approximately 800m long active orpaillage.\n\n\n \nResults of the first five RC holes at Rakounga are tabled below:\n\n\n \n \n\n\n\n\n\nDRILL HOLE\n\n\n\n\nDIP\n\n\n\n\nFROM (metres)\n\n\n\n\nTO (metres)\n\n\n\n\nLENGTH (metres)\n\n\n\n\nAu gram/tonne\n\n\n\n\nZone\n\n\n\n\nRKG-17-RC-001\n\n\n\n\n-50\n\n\n\n\n102\n\n\n\n\n128\n\n\n\n\n26\n\n\n\n\n0.82\n\n\n\n\nKoaltenga\n\n\n\n\nincludes \n\n\n \n\n\n108\n\n\n\n\n110\n\n\n\n\n2\n\n\n\n\n4.11\n\n\n\n\nKoaltenga\n\n\n\n\nincludes\n\n\n \n\n\n110\n\n\n\n\n112\n\n\n\n\n2\n\n\n\n\n2.44\n\n\n\n\nKoaltenga\n\n\n\n\nincludes\n\n\n \n\n\n112\n\n\n\n\n114\n\n\n\n\n2\n\n\n\n\n2.36\n\n\n\n\nKoaltenga\n\n\n\n\nRKG-17-RC-002\n\n\n\n\n-50\n\n\n\n\n108\n\n\n\n\n140\n\n\n\n\n32\n\n\n\n\n1.01\n\n\n\n\nKoaltenga\n\n\n\n\nincludes\n\n\n \n\n\n112\n\n\n\n\n114\n\n\n\n\n2\n\n\n\n\n2.36\n\n\n\n\nKoaltenga\n\n\n\n\nincludes\n\n\n \n\n\n114\n\n\n\n\n116\n\n\n\n\n2\n\n\n\n\n2.99\n\n\n\n\nKoaltenga\n\n\n\n\nincludes\...

More updates from Nexus Gold Corp.