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Nexus Gold Returns High-Grade 135 g/t Au Sample at McKenzie Gold Project, Red Lake, Ontario
VANCOUVER, BC / ACCESSWIRE / June 25, 2019 / Nexus Gold Corp. (" Nexus " or the " Company ")...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold Returns High-Grade 135 g/t Au Sample at McKenzie Gold Project, Red Lake, OntarioVANCOUVER, BC / ACCESSWIRE / June 25, 2019 / Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS, OTCQB: NXXGF, FSE: N6E) is pleased to announce it has received assay results from the initial ground reconnaissance program at the Company's 100% owned, 1,348-hectare, McKenzie Gold Project, located at Red Lake, Ontario.Nexus senior geologist Warren Robb, assisted by personnel from Rinimi Explorations, completed a first phase prospecting campaign designed to identify and verify locations of previous exploration activities and mineralization. A total of seven samples were collected covering areas on McKenzie Island and in the St. Paul Bay area of the property.Significant results were obtained from localities on McKenzie Island with samples returning 135.4 grams-per-tonne (\"g/t\") gold (\"Au\") and 9.3 g/t Au, respectively. The 135.4 g/t Au value was obtained from a select sample on a quartz vein hosted in igneous rocks of the dome stock, while the 9.3 g/t Au value was obtained in a select sample of a quartz vein hosted in felsic meta-volcanic rocks on the northern portion of the property.\"McKenzie represents a high-grade opportunity for Nexus in a prolific, world-class district,\" said president & CEO, Alex Klenman. \"To date the project has now produced several bonanza-grade samples. We have just begun our work there so to add more of this type of result at the outset is certainly encouraging. McKenzie is a flagship property for us, one that we believe has considerable upside. We're going to obtain as much data as we can in the next few months to best define our drill targets moving forward. With a handful of high-grade results having now been documented and obtained, McKenzie is trending in a very positive direction. We're looking forward to the development work ahead,\" continued Mr. Klenman.\"We are extremely encouraged with what our prospecting has identified thus far,\" said Company Geologist and VP Exploration, Warren Robb. \"We look forward to hitting the ground a little harder over the summer months to identify new and delineate known mineralization,\" continued Mr. Robb.The Company is currently conducting a detailed prospecting and reconnaissance program, supplemented with ground geochemical and geophysical surveys, over...