Nexus Gold Begins Drilling for Gold at Niangouela

Nexus gold rab drilling underway at niangouela gold concession, burkina faso, west africa
By: Nexus Gold Corp.
 
VANCOUVER, British Columbia - Dec. 14, 2016 - PRLog -- Nexus Gold Corp.'s ( NXS.V NXXGF ) RAB (rotary air blast) drilling at its Niangouela gold concession in Burkina Faso, West Africa, is now under way.

Drilling began on Monday, Dec. 12, with 294 metres (11 holes) of the proposed 800-metre program so far completed. The current RAB program is designed to investigate the potential of parallel or offset shears and recently observed quartz veins. Historical results showed areas of geochemical anomalies occurring proximal to the quartz veining. The program will consist of grid drilling on lines spaced at 200 metres with drill sites every 50 metres along the lines.

The 178-square-kilometre concession is located on the Boromo greenstone belt, same as the company's Bouboulou gold concession, and is proximal to the Kalsaka deposit and the Sabce shear. It is road accessible and has one major orpaillage (artisanal workings).

To date, 556 pits and 11 trenches have been excavated, and rock and soil samples have been taken. A total of 1,137 samples have been collected. Previous programs have identified a zone which runs east-northeast and west-southwest occurring in the south-central part of the concession. This zone has returned gold-in-soil samples up to 34 grams per tonne (g/t) gold; rock samples have returned values up to 18 g/t gold and trenching has returned values of 4.85 g/t gold over 10 metres.

About Burkina Faso

Burkina Faso is a landlocked nation located in West Africa. It covers an area of roughly 274,000 square kilometres and has an estimated population of more than 16 million people. The country has a stable political setting with a pro-mining and foreign investment stance. Burkina Faso is the fastest-growing gold producer in Africa and was the fourth-largest gold producer in Africa in 2012. Eight new mines have been commissioned there over the past six years. The country has excellent geological potential. The greenstone belts that host all of the major deposits in Ghana and Ivory Coast continue northward into Burkina Faso. Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining underexplored in comparison with the neighbouring Ghana and Mali, both of which host world-class gold mines in the same belts of Birimian rocks.

About the company

Nexus Gold is currently concentrating its efforts on two gold projects located in Burkina Faso, West Africa. The Bouboulou gold concession is a 38-square-kilometre advanced exploration target where previous drilling has confirmed multiple zones of gold mineralization, and the Niangouela gold concession, a 178-square-kilometre project featuring numerous historical gold occurrences.

Warren Robb, PGeo, senior geologist, is the designated qualified person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release.

http://www.nexusgoldcorp.com/

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Source:Nexus Gold Corp.
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Tags:Gold, Pennystocks, Investing
Industry:Investment
Location:Vancouver - British Columbia - Canada
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