Nexus Gold CEO Peter Berdusco on ‘Elephant Hunting’ in Nevada
Peter Berdusco of Nexus Gold recently spoke with INN about Nexus’ Walker Ridge project in Nevada and what the company has been up to lately. According to the CEO, Nexus is looking for a Carlin-style deposit within the Independence/Jerritt Canyon Gold Trend in Northeastern Nevada.
Peter Berdusco, president and CEO of Nexus Gold (TSXV:NXS), recently spoke with the Investing News Network about Nexus’ Walker Ridge project in Nevada and what the company has been up to lately.
According to the CEO, Nexus is looking for a Carlin-style deposit within the Independence/Jerritt Canyon Gold Trend in Northeastern Nevada. “These deposits generally are very large in nature. The term that we use is elephant hunting,” he said.
Certainly, the area has shown plenty of potential already. Berdusco noted that Walker Ridge is just 5 miles north of the deposits that make up Veris Gold’s (OTCMKTS:YNGFF) Jerrit Canyon mine, which has produced over 11 million ounces historically, and currently has reserves of just under 4 million ounces. Meanwhile, 1.2 miles to the north is the Big Springs deposit, currently held by Anova Metals (ASX:AWV).
“We’re on trend. We’re in the right spot,” he said. “These are large deposits. These are deposits that warrant the expenditure to go in and to drill.”
Berdusco stated that Nexus will be drilling this summer, so investors will have plenty to watch out for. Check out the video above for more of what the CEO had to say.
Securities Disclosure: I, Teresa Matich, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Nexus Gold is a client of the Investing News Network. This article is not paid-for content.
Related reading:
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1876.21 | +8.04 | |
Silver | 22.36 | +0.08 | |
Copper | 4.03 | -0.01 | |
Palladium | 1713.17 | 0.00 | |
Platinum | 1087.26 | 0.00 | |
Oil | 76.09 | +1.98 | |
Heating Oil | 2.87 | +0.10 | |
Natural Gas | 2.51 | +0.05 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Precious Metals Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.