Nexus Gold Corp. · TSXV:NXS

Nexus Gold — Investor Presentation (January 2023)

21 slides from Nexus Gold's investor presentation, January 2023

  1. Slide 1: Exploration Permits - Burkina Faso, West Africa

    Exploration Permits BURKINA FASO, WEST AFRICA JANUARY 2023 www.nxs.gold

  2. Slide 2: Disclaimer

    DISCLAIMER This material includes “forward-looking” statements or information within the meaning of Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements relate to future events or the anticipated performance of Nexus Gold

  3. Slide 3: Project Portfolio West Africa

    • Nexus Gold Corp operates its African operations though its wholly owned subsidiary Nexus Gold Corp. Burkina SARL • Management and geological teams have significant experience and a successful track record in gold exploration, discovery, and development PROJECT PORTFOLIO WEST AFRICA • Two projects

  4. Slide 4: Nexus Gold West Africa

    NEXUS GOLD WEST AFRICA • Burkina Faso – gold rich country the size of Colorado • Populated by dozens of mid-tier and major gold producers • Prolific gold-bearing greenstone belts with short history of modern exploration and mining 4

  5. Slide 5: Dakouli 2 Gold Concession

    DAKOULI 2 GOLD CONCESSION • 100%-owned, 93-sq km (9,388 hectares) concession located on the Goren greenstone belt bisected by the Sabce Shear zone 26 kilometres from the 3.4 million ounce Bissa deposit 5

  6. Slide 6: Dakouli 2 Gold Concession

    DAKOULI 2 GOLD CONCESSION • The Sabce fault zone starts east of the open pits at Nordgold’s Bissa Mine (3.4M oz +) and continues through the new orpaillage at the northeast corner of the permit. It proceeds to the Boken Vein Orpaillage on the western boundary, extending approximately 12 kms across t

  7. Slide 7: Dakouli 2 – Diamond and RC drilling traces gold mineralization

    DAKOULI 2 – Diamond and RC drilling traces gold mineralization for 500 meters • In late 2020 Nexus completed 13 Reverse circulation (RC) Holes on the NE orpaillage zone. • Several holes returned significant mineralization, including “Discovery Hole” #7 which returned 4.83 g/t Au over 20m, including

  8. Slide 8: Dakouli 2 – Cross Sections

    DAKOULI 2 – CROSS SECTIONS • NE orpaillage drilling has outlined a mineralized zone measuring over 400m east-west along strike, tested to depths of 100 meters 8

  9. Slide 9: Dakouli 2 – RC Drill Results

    DAKOULI 2 – RC DRILL RESULTS Significant results from Nov-Dec 2020 maiden drill program at Dakouli 2 Hole ID UTM E UTM N DIP AZIMUTH ELEV FROM TO LENGTH Au G/T (meters) DKL-20-RC-001 625256 1441633 -55 350 299 40 52 12 0.35 DKL-20-RC-002 625218 1441603 -55 350 281 42 58 16 0.64 DKL-20-RC-006 637023

  10. Slide 10: Dakouli 2 – NE Orpaillage

    DAKOULI 2 – NE ORPAILLAGE Significant results from 2021 Diamond Drill Campaign Hole ID UTM E UTM N DIP AZIMUTH ELEV FROM TO LENGTH Au G/T (meters) DKL-21-DD-001 636975 1445764 -60 0 293 80 81 1 2.87 112 135 23 0.95 Includes 123 135 12 1.14 187 194 7 1.46 DKL-21-DD-002 637020 1445783 -50 0 296 75.7 7

  11. Slide 11: Dakouli 2 – Cross Sections

    DAKOULI 2 - CROSS SECTIONS ‘cROas SECTION pra FOLES ‘De 21.00.000 8 Coss secTION ORLA Toone este SDKL2i-00.007 8 008 2 CooKNeWest jes-1 90010 temetes- 104g somatos-0.27 9 7 ‘27 oes 1890 = 2

  12. Slide 12: Dakouli 2 – Sample Results

    DAKOULI 2 – SAMPLE RESULTS • Rock sampling in this area have Dakouli Highlight Samples to Date returned 20 assays values greater Sample-ID Depth g/t Au than 1 g/t Au DKL-004 8m 27.5 DKL-010 18m 4.93 DKL-011 10m 29.5 DKL-012 8m 12.4 DKL-022 25m 11.1 DKL-023 40m 17.6 DKL-027 40m 10.8 DKL-031 30m 10.9

  13. Slide 13: Dakouli 2 – RC Drill Results

    DAKOULI 2 – RC DRILL RESULTS 2020 drill locations, gold-in-soils, termite mound and rock samples 13

  14. Slide 14: Dakouli 2 – Potential Trends for Follow Up

    DAKOULI 2 – potential trends for follow up ? 14

  15. Slide 15: Rakounga Gold Concession

    RAKOUNGA GOLD CONCESSION • Three drill-defined mineralized zones along a 10+ km gold trend 15

  16. Slide 16: Rakounga Gold Concession

    RAKOUNGA GOLD CONCESSION • 250-sq km concession hosts significant artisanal mining activity 16

  17. Slide 17: Rakounga Gold Concession

    RAKOUNGA GOLD CONCESSION • Soil geochemistry plotted over the 1st derivative of magnetics TMI 17

  18. Slide 18: Rakounga RC Drill Highlights

    RAKOUNGA RC DRILL HIGHLIGHTS • 5000 meters of RC drilling testing four areas on the permit • Significant results returned from the Koaltanga showing INCLUDES: • Hole RC-002 which intersected 32m of 1.01 g/t Au, including 2m of 5.65 g/t Au, and 6m of 2.81 g/t Au • Hole RC-008 which returned 34m of 1.

  19. Slide 19: Rakounga Gold Concession

    RAKOUNGA GOLD CONCESSION RC DRILLING AREAS RAKOUNGA PERMIT 19

  20. Slide 20: Rakounga Gold Concession - RC Drilling Koaltanga showing

    RAKOUNGA GOLD CONCESSION RC DRILLING Koaltanga showing 20

  21. Slide 21: www.nxs.gold

    Suite 802 – 750 West Pender Street Vancouver, BC V6C 2T8 Ph: 604-558-1919 Email: info@nexusgoldcorp.com www.nxs.gold 21

Nexus Gold — Investor Presentation (January 2023) on 6ix