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Nexus Gold Identifies 15km Gold Trend Between The Bouboulou and Rakounga Gold Concessions
- Soil Grid Program Confirms 7km Trend Across Rakounga Concession - Extends Miner...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Identifies 15km Gold Trend Between The Bouboulou and Rakounga Gold Concessions- Soil Grid Program Confirms 7km Trend Across Rakounga Concession- Extends Mineralized Footprint Between Koaltenga and Pelatanga Gold ZonesVANCOUVER, BC / ACCESSWIRE / August 30, 2018 / Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS, OTC: NXXGF, FSE: N6E) is pleased to report that it has received results from its recently completed 105-line kilometer soil sampling survey conducted on the Rakounga exploration permit located 109 kilometers north west of the capital city of Ouagadougou, in Burkina Faso, West Africa.The survey was designed to investigate the gold bearing potential on the permit ground occurring between the Koaltenga gold zone, located near the western boundary of the Rakounga concession, and Pelatanga-Rawema gold trend, on the Company's adjacent Bouboulou exploration permit (see figure 1). Results from the survey successfully identified an anomalous gold trend which extends for approximately 7,000 meters (seven kilometers) along the southwest-northeast axis and broadens to widths of 2,500 meters. The newly identified 7,000-meter gold trend at Rakounga aligns with the 5km Pelatanga-Rawema (\"PR\") trend previously identified on the adjacent Bouboulou concession, indicating the mineralized footprint at the combined Bouboulou-Rakounga concessions now exceeds 15km in length. \"The goal of the soil grid program was to establish continuity of the gold trends at Bouboulou onto the adjacent Rakounga concession,\" saidpresident & CEO, Alex Klenman. \"The results indicate a sizeable trend extends from the northeast of Bouboulou tothe southwest of Rakounga. We're pleased with the results, that's a big footprint, and suggestive of the potential at Rakounga,\"continued Mr. Klenman. \"It is impressive how the geochemical data highlights the gold trend coming off the Bouboulou ground,\" said Senior Vice-President of Exploration, Warren Robb. \"We will combine this data with the regional geophysics data to identify any coincidental anomalies, and then look to test those anomalies along the trends,\" continued Mr. Robb.Prior drilling by the Company at Koala, along the northeastern part of the trend, returned several intercepts of note, including 5.21 grams-per-tonne (\"g/t\") gold (\"Au\") over 3.05 meters, including 15.50 g/t A...