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Nexus Gold Receives Data Compilation from Rimini Exploration on the Mckenzie Gold Project, Red Lake, Ontario
(via TheNewswire) - Additional high-grade historic samples up...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Receives Data Compilation from Rimini Exploration on the Mckenzie Gold Project, Red Lake, Ontario(via TheNewswire)\n \n \n\n\n- Additional high-grade historic samples up to 142.49 g/t Au noted\n\n\n\n- Historic drill results include 7.49 g/t Au over 8.2m, and 15.54 g/t Au over 0.8m\n\n\n\n \n \nVancouver, Canada - TheNewswire - October 11, 2019 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to announce it has received a compilation of important historic data from project geological consultants Rimini Exploration, on its 100%-owned, 1,348.5 hectare McKenzie Gold Project, located in Red Lake, Ontario. \n\n\n \nThe compilation has integrated the regional geological and regional geophysical data, thus allowing the Company's geological staff to compare these trends to the information obtained through ground exploration conducted to date on the property. The company is currently utilizing the more comprehensive data sets to design its follow up exploration program which will be designed to verify and prioritize anomalous areas that the company determines suitable to be tested by drilling.\n\n\n \nThe Rimini compilation provides data the Company was previously unaware of on multiple historical grab samples taken on the McKenzie claim block. The Company has previously disclosed several high-grade historical grab sample results, including 331.14 (\"g/t\") gold (\"Au\"), 18.02 g/t Au, 212.8 g/t Au, 313 g/t Au, 18.02 g/t Au and 9.37 g/t Au. \n\n\n \nIn the summer of 2019 Nexus conducted it's first ground reconnaissance program on the McKenzie property, and results returned notable sample assays, including 135.4 g/t Au and 9.3 g/t Au (see Company news release dated June 25, 2019). \n\n\n \nAdditional high-grade historical grab samples previously unknown to the Company and now revealed in the Rimini summary include 142.49 g/t Au, 115.2 g/t Au, 114.57 g/t Au, 93.71 g/t Au, 68.03 g/t Au, 53.01 g/t Au, and 16.65 g/t Au from areas located on McKenzie Island (north block).\n\n\n \nThere has also been limited drilling on the property, as noted in the report, with historical intercepts obtained on the southern section, including 7.49 g/t Au over 8.2 meters, 2.1 g/t Au over 5.5m, 15.54 g/t Au over 0.8m, and 17.02 g/t Au over 0.5m. Historical intercepts reported on the northern section include...