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Nexus Gold Announce Reported 81.32 g/t Gold & Identifies a New Gold Zone
Nexus Gold (TSXV:NXS; OTC:NXXGF) identified four gold zones at Bouboulou property, and a new zone 5th of interest was identified on the property near Pelgtanga, Burkina Faso in 2016.
Nexus Gold (TSXV:NXS; OTC:NXXGF) identified four gold zones at Bouboulou property, and a new zone 5th of interest was identified on the property near Pelgtanga, Burkina Faso in 2016.
The company observed local miners exploiting and mining a 250 meter shear gold zone with in the area.
This new zone is the same zone that hosts Nordgold’s Bissa Hills Gold mine which is currently in production.
The Bissa Hills is a world class mine and was commissioned in January 2013.
In 2015, the Bissa Hills mine produced 235,000 ounce of gold.
Warren Robb, P.Geo, is currently in Burkina Faso and is implementing the company’s fall exploration program and exploration activities are underway.
Mr. Robb was the Chief Geologist for Roxgold in 2012 where he oversaw the drilling and wrote the 43-101 on the Bissa West property and today it’s called the Bouboulou property.
The Bouboulou is a near-surface, advanced stage gold exploration target located in a known gold belt, within a prolific and highly active gold mining area.
Previous drilling done by Roxgold identified multiple zones of gold mineralization on the property.
Previous Drill Results Highlights
0.3m @ 81.32 g/t Au
2m @ 12.45 g/t Au
4m @ 12.53 g/t Au
35 m @ 2.2 g/t Au
40m @ 1.5 g/t Au
“The new area near Pelgtanga appears to be a deep structure, we’re going to get a good look at it, but the increase in artisanal activity is interesting from an exploration perspective,” said Warren Robb, P.Geo.
Connect with Nexus Gold (TSXV:NXS; OTC:NXXGF) to receive an Investor Presentation.
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