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Nexus Gold to Complete Initial Work Program at Bouboulou Concession, Burkina Faso
(via Thenewswire.ca) Vancouver, BC / TheNewswire / July 28, 2016 - Nexus Gold Corp. ("Ne...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold to Complete Initial Work Program at Bouboulou Concession, Burkina Faso(via Thenewswire.ca)\n\n \nVancouver, BC / TheNewswire / July 28, 2016 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS) is pleased to announce that it intends to complete an initial work program at the Bouboulou Gold Concession (\"Bouboulou\" or the \"Property\"), located in Burkina Faso, West Africa.\n\n\n \nPreliminary work on the Property will consist of reviewing legacy data, data compilation, geological mapping, drill hole mapping and selection, rock and core geochemical re-sampling, ground confirmation, and sourcing of drill operator, equipment and crew. Diamond drilling is anticipated in early fall, after the completion of the rainy season in Burkina Faso. The work program will be overseen by Warren Robb, P.Geo.\n\n \n \nBouboulou covers an area of 38.3 square kilometers and is located approximately 100 kilometers north by northwest of the capital city of Ouagadougou. Exploration on the Property has been conducted by Boliden (1997 - 1999), Riverstone Resources (2005- 2011) and Roxgold Inc. (2011 to 2012). Past exploration has consisted of rotary air blast drilling, trenching, geological mapping, airborne EM and magnetometer and radiometrics, reverse circulation and diamond drilling.\n\n\n \nHighlights of the previous exploration programs includes surface rock sampling and trenching returning gold grades from 1.09 to 19.16 g/t gold. Four zones of gold mineralization have been identified on the property termed Koala, Rawema, Bouboulou 2 and Pelgtanga.\n\n\n \nReaders are cautioned that the acquisition of an interest in the Property remains subject to the approval of the TSX Venture Exchange. A work program cannot be completed on the Property until such time as that approval is obtained. The Company has applied to the Exchange for approval. For further information with respect to the acquisition of an interest in the Property by the Company, readers are encouraged to review the Company's news release of July 11, 2016.\n\n \n \nAbout Burkina Faso\n\n\n \nBurkina Faso is a landlocked nation located in West Africa between Ghana and Mali, the second and third largest gold producing countries on the continent. It is underlain by rocks of the same age and history as its neighbors but it is still relatively under-explored compared to its ...