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Nexus Gold Receives Early Sampling Results from Newly Acquired Manzour-Dayere Gold Project, Burkina Faso, West Africa
(via TheNewswire) Vancouver, Canada - TheNewswire - February ...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Receives Early Sampling Results from Newly Acquired Manzour-Dayere Gold Project, Burkina Faso, West Africa(via TheNewswire)\n \n \nVancouver, Canada - TheNewswire - February 27, 2020 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to announce early sampling results from the 100%-owned Manzour-Dayere gold exploration permit, located 325 km south west of the capital city of Ouagadougou, Burkina Faso, West Africa. \n\n\n \nUpon acquiring the 190.53 sq-km (19,053-hectare) concession (see Company News Release dated February 4, 2020) Company geologists began a comprehensive ground reconnaissance program to identify potential mineralized zones, and map active orpaillages (areas of artisanal mining activity). \n\n\n \nResults of the first dozen grab samples have been received from an active artisanal zone in the northeast corner of the concession. Highlights of this initial round of sampling includes 9.60 grams-per-tonne (\"g/t\") gold (\"Au\"), 7.07 g/t Au, 5.73 g/t Au, 3.84 g/t Au and 2.84 g/t Au. These new samples add to the historical data collected to date and will assist Company geologists in determining potential exploration targets for future drilling.\n\n\n \nThe Manzour-Dayere Concession is located along the Boromo Greenstone belt, an early Proterozoic Birimian sequence of the West African Craton, that is home to several significant gold deposits. \n\n\n \nRecent historical exploration on the property conducted between 2011 and 2014 returned reported high-grade values of 132 g/t Au, 85.40 g/t Au, 61.20 g/t Au, and 27.9 g/t Au, from select grab samples of quartz veining at the main orpaillage in the extreme northeast corner of the property, while select grab samples of the sedimentary host rock returned values of 103 g/t Au and 21.40 g/t Au, respectively. The workings on the main orpaillage are extensive and extend to depths of 60 to 80 meters below surface. \n\n\n \nSituated in southwestern Burkina Faso, near the border with Ghana, the area is home to several producing mines, including Yaramoko (Roxgold), Hounde (Endeavour), Poura (Newmont), Bondi (Sarama) and Gaoua (B2Gold). \n\n \n \n\nClick Image To View Full Size\n\n \n \nFigure 1: Burkina Faso country map with producing mines and Nexus Gold projects\n\n \n \n\nClick Image To View Full Size\n\n \n \nFigure 2: Manzour...