Business
Nexus Gold Expands Dakouli 2 Gold Concession, Burkina Faso, West Africa
(TheNewswire) Vancouver, Canada - TheNewswire – De...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Expands Dakouli 2 Gold Concession, Burkina Faso, West Africa\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, Canada\n-\n \n \n TheNewswire\n \n \n – December 7, 2021\n \n \n - Nexus Gold Corp.\n(“\n \n \n Nexus\n \n \n ” or the “\n \n \n Company\n \n \n ”) (TSXV:NXS\n \n \n )\n \n \n (\n \n \n OTC:NXXGF\n \n \n )\n \n \n (\n \n \n FSE:N6E)\n \n \n is\npleased to report\n \n \n that it has received\nconfirmation from the Government of Burkina Faso’s Ministre de\nL’Energie des Mines et Les Carriers that its application for\nexpanding the Dakouli 2 permit has been approved.\n \n \n \n \n The expansion of the Dakouli 2 project has resulted in\nthe exploration permit  being expanded by 1.39 square kilometers. The\nexpansion extends the permit coverage westward from its original\nconfiguration and now encompasses areas first identified in 2013 where\n previous explorers collected  rock grab samples retuning results of\n1.75 grams-per-tonne (“g/t”) gold (”Au”), 2.14 g/t Au and 2.32\ng/t Au.  These rock samples  are described as white quartz veins\nhosted in red granite.\n \n \n \n \n Subsequent to the rock sampling a program of Aircore\nand Reverse Circulation (“RC”) drilling was used to investigate\nthe area.\n \n \n The drill program consisted of  four\nRC holes for 430m (PNRC001-003,009) and 12 AC holes for 250m\n(PNAC001-012).\n \n \n \n \n The best reported results from this drilling are\n \n \n 12 meters of 1.01 g/t  from hole PNRC001, and\n36m of 0.51 g/t in hole PNRC003.\n \n \n Reported\nDrilling described that the main gold mineralization is associated\nwith a fine-grained syenite dyke with sulphide and quartz veining up\nto 14m thick.  It’s interpreted  that this dyke is striking to the\nnorth east and dipping to the south.\n \n \n \n \n Drilling to Date at Dakouli\n \n \n \n \n In late 2020 the Company conducted a Reverse\nCirculation (“RC”) drill program at the 98-sq kms concession\nconsisting of 2,914 meters of exploratory drilling.  The first-ever\ndrill program on the property was designed to test several areas that\nhave returned either high gold values from rock samples or\ncoincidental soil geochemical and geo...