| Nexus Gold Provides Sampling Details from Three Newly Discovered Artisinal Zones at its Bouboulou and Niangouela Concessions, Burkina Faso, West Africa | |
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VANCOUVER, BC / ACCESSWIRE / February 28, 2018 / Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS, OTC PINK: NXXGF, FSE: N6E) is pleased to provide select sampling results from its ongoing field exploration programs currently being conducted on its Niangouela and Bouboulou exploration permits, located in Burkina Faso, West Africa. On the Bouboulou permit, rock samples were collected from a new orpillage located some 600 meters south-west of the Rawema showing which has returned drill intersections of 2.21 grams per tonne ("g/t") gold ("Au") over 35 metres, including 5.46 g/t Au over 12 metres, and 4.62 g/t Au over 6 metres, including 81.32 g/t Au over .3 metres. This new orpillage occurs along strike of the Pelatanga-Rawema Trend outlined by the company. Company geologists have sampled material recovered from new workings at a depth of 10 meters from the surface which has returned results averaging 1.73 g/t Au, with the highest sample returning assay values of 5.56 g/t Au. The samples from the new orpaillage are tabled below: Sample # | Utm E | Utm N | Description | Au g/t | BBL-021 | 585940 | 1423775 | Qtz bearing rock from orpaillage pit;10m depth | 2.40 | BBL-022 | 585916 | 1423755 | Qtz bearing rock from orpaillage pit;10m depth | 1.75 | BBL-023 | 585902 | 1423737 | Qtz bearing rock from orpaillage pit;10m depth | 0.873 | BBL-024 | 585867 | 1423730 | Qtz bearing rock from orpaillage pit;10m depth | 2.06 | BBL-025 | 585869 | 1423727 | Qtz bearing rock from orpaillage pit;10m depth | 1.07 | BBL-026 | 585858 | 1423719 | Qtz bearing rock from orpaillage pit;10m depth | 0.668 | BBL-027 | 585844 | 1423736 | Qtz bearing rock from orpaillage pit;10m depth | 5.56 | BBL-028 | 585835 | 1423734 | Qtz bearing rock from orpaillage pit;10m depth | 1.68 | BBL-029 | 585887 | 1423718 | Qtz bearing rock from orpaillage pit;10m depth | 0.368 | BBL-030 | 585887 | 1423718 | Qtz bearing rock from orpaillage pit;10m depth | 0.965 | Table 1: select samples Bouboulou |
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Nexus Gold Corp. is based in Canada. Nexus Gold Corp. is listed in Canada. Its market capitalisation is CA$ 2.5 millions as of today (US$ 2.0 millions, € 1.8 millions). Its stock quote reached its highest recent level on June 22, 2018 at CA$ 0.37, and its lowest recent point on May 19, 2023 at CA$ 0.01. Nexus Gold Corp. has 125 110 000 shares outstanding. |