Nexus Gold Conducts Due Diligence for Potential Acquisitions

Nexus Gold Corp. (TSXV:NXS) announced it is currently conducting due diligence on potential strategic acquisitions of advanced-exploration-and-resource-definition-stage gold projects.
As quoted in the press release:

The Company aims to take advantage of current market conditions to acquire undervalued assets with the objective of establishing a portfolio of advanced projects for development. A key component of the development plan is the utilization of the leading edge Element Detection Technology (EDT). EDT was successfully deployed at the Company’s flagship Walker Ridge Gold Project in Nevada, USA.
The technology has greatly assisted the Company’s work at Walker Ridge. A secondary survey providing further drill target definition was recently completed on the property this past fall. It has identified several strata areas adjacent to the first hole that will be incorporated into the property’s 2016 exploration plan. The Company will provide additional details on any proposed strategic acquisitions pending the outcome of due diligence or executed agreements.

Nexus Gold President and CEO, Peter Berdusco, stated:

The creation of a portfolio of advanced projects utilizing EDT potentially enables us to drill year-round and increase our access to financing. EDT represents a whole new way of exploring and defining resources. We believe Nexus is at the forefront of a technological advance in the industry and the upside of being a first mover is clear.

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