Nexus Gold Sets Drill Targets at McKenzie Gold Project, Red Lake, Ontario

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[{"type":"text","content":"Nexus Gold Sets Drill Targets at McKenzie Gold Project, Red Lake, Ontario(via TheNewswire)\n \n \nVancouver, Canada - TheNewswire - May 8, 2020 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSXV:NXS) (OTC:NXXGF) (FSE:N6E) is pleased to announce that drill targets have now been determined for the Company's upcoming diamond drill program at the 100%-owned McKenzie Gold Project, located in Red Lake, Ontario. \n\n\n \nThe phase one program will consist of a minimum 1000-meter diamond drill campaign, with up to 10 drill holes targeted to depths between 100 to 200 meters, at angles ranging from 45 to 60 dips. Phase one is designed to test the mineralization potential of several gold targets occurring within a corridor located in the southernmost section of the 1,348-hectare claim block. \n\n\n \nHistoric drilling conducted in 2005 along this corridor returned significant results, including 7.49 grams-per-tonne (\"g/t\") gold (\"Au\") over 8.2 meters, 15.54 g/t Au over 0.8 meters (includes 23.4 g/t over 0.3 meters), 4.47 g/t gold over 1.4 meters, 17.02 g/t Au over 0.5 meters, and 2.1 g/t Au over 5.5 meters. Drilling will test the strike and/or depth extensions of intersections obtained by earlier drill programs, such as intersections in historic drill hole M05-14 (15.54 g/t Au over 0.80 meters) and M05-3 (4.04 g/t Au over 0.45m and 23.87 g/t Au over 0.2 meters). \n\n\n \nThe phase one program will also test the potential of East-West trending shears along the geological contact of the Dome Stock with Volcanic rocks of the Balmer assemblage for depth or lateral extent based on anomalous prospecting samples (1550 ppb Au, 1850 ppb Au, 962 ppb Au and 723 ppb Au) collected during the Company's 2019 prospecting program. \n\n\n \nThis initial drill program is expandable, and the Company is currently reviewing additional targets to test if the decision is made to increase phase one meterage.\n\n \n \n\nClick Image To View Full Size\n\n \n \nFigure 1: McKenzie Gold Project, Red Lake Ontario - see figure 2 for more detail on inset\n\n\n \n\"A 1000-meter diamond drill program is an excellent start to our goal of conducting multiple drill programs at McKenzie in 2020,\" said president and CEO, Alex Klenman. \"We're eager to test and expand areas that have already shown high-grade mineralization in the past. There have been some narrow high-gr...

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