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Nexus Gold To Increase Diamond Drilling at Niangouela Gold Concession, Burkina Faso, West Africa
(via TheNewswire) Vancouver, Canada / TheNewswire / March 16,...
About this update from Nexus Gold Corp.
[{"type":"text","content":"Nexus Gold To Increase Diamond Drilling at Niangouela Gold Concession, Burkina Faso, West Africa(via TheNewswire)\n \n \nVancouver, Canada / TheNewswire / March 16, 2017 - Nexus Gold Corp. (\"Nexus\" or the \"Company\") (TSX-V: NXS, OTC: NXXGF, FSE: N6E) is pleased to announce it will increase its diamond drilling program at the 178-square kilometre Niangouela exploration permit located approximately 85 kilometers north of Ouagadougou, Burkina Faso, West Africa. \n\n\n \nThe Company recently completed 1470 metres of the scheduled 2000 metre phase one program (see Company news release dated March 7, 2017) and will be completing the initial phase and releasing assays from the remaining holes in the coming weeks. The Company will immediately thereafter commence a phase two diamond drill program on the property that will target additional areas of interest along strike. In addition, the program will test a newly identified zone of artisanal workings occurring along strike of the shear zone another 800 metres to the east of the current drill area. \n\n\n \n\"As has been stated, we are extremely encouraged with the initial results at Niangouela. Once this first program is complete we will immediately initiate the next phase,\" said President and CEO, Peter Berdusco. \"This second phase will continue to effectively define the shear zone structure and the quartz vein within it. We will also investigate any potential higher grade shoots and preferred mineralization trends occurring along strike,\" continued Mr. Berdusco. \n\n\n \nThe first phase diamond drill program was designed to test anomalous rock samples collected from underground artisanal workings and anomalous Rotary Air Blast (RAB) drilling completed by the Company in December 2016. This initial program successfully intersected gold mineralization in eight of the first nine holes drilled on the concession. The mineralization was contained in a silicified shear zone occurring in the host granite, associated with the shear was primary quartz veins. \n\n\n \nSignificant gold mineralization was encountered in four of the eight holes reporting gold intercepts. NGL-17-DD-008 returned 26.69 grams per tonne (\"g/t\") gold over 4.85 metres (including 8.50 g/t gold over 0.62 metre, and 120.00 g/t gold over 1.03 metres). Hole NGL-17-DD-006 returned 4.00 g/t gold over 6.20 metres (includin...