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Nexus Gold Plans Drill Program at Dakouli 2 Gold Concession, Burkina Faso, West Africa
(via TheNewswire) Vancouver, Canada - TheNewswire - October 2...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Plans Drill Program at Dakouli 2 Gold Concession, Burkina Faso, West Africa(via TheNewswire)\n \n \nVancouver, Canada - TheNewswire - October 24, 2019 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to provide an update regarding the proposed November drill program at it's 100%-owned Dakouli 2 gold concession, located in Burkina Faso, West Africa. \n\n\n \nThe Dakouli 2 exploration permit is a 98-sq km (9,800 hectares) gold exploration property located approximately 100 kilometers due north of the capital city Ouagadougou. The drill program, which would consist of up to 2000 meters, is designed to test several of the ground gold anomalies identified to date. The Company is currently determining crew and drill rig availability.\n\n\n \nIn late 2018 Company geologists conducted a comprehensive ground reconnaissance program to the west and south of the main orpaillage (artisanal zone) and identified new near surface workings being exploited by artisanal miners. Rock samples collected from these new zones returned contained various concentrations of visible gold, including coarse nuggety samples. \n\n\n \nA total of 12 samples were taken from the Northeast Zone, obtained between 8-18 meters below surface from artisanal shafts and pits, with six returning significant grades between 2.90 g/t Au and 29.5 g/t Au, including 27.5 g/t Au and 12.4 g/t Au from samples containing visible gold (see Figure 1, and Company news release dated January 8, 2019). \n\n\n \n\nClick Image To View Full Size\n\n \n \nFigure 1: Example of visible gold in quartz recovered at the Dakouli 2 concession\n\n\n \nFollow up work outlined an anomalous zone extending some 500 meters west from the sample zones. Based on those results the Company initiated a 150-line kilometer soil geochemical survey covering the northern half of the Dakouli 2 property and southern portions of the contiguous Niangouela property. This survey identified three prominent gold geochemical trends. The primary gold trend parallels the Sabce fault zone extends for approximately 10 kilometers, in a northeast - southwest direction and bisects the property from the north east corner of the property to its western boundary. The Sabce fault hosts multiple deposits including Nordgold's 3.4M oz Bissa Mine, located approximately 25km east of th...