Nexus Gold Starts Drilling at Walker Ridge

Nexus Gold Corp. (TSXV:NXS) has begun diamond drilling has begun on the Walker Ridge gold project in the Jerritt Canyon-Independence trend in Nevada, United States. The Company plans to initially drill 3000 meters of high priority Carlin-type targets.
As quoted in the press release:

Walker Ridge Gold Project
The Walker Ridge Gold Project is located directly between and adjacent to both the Jerritt Canyon mine & mill complex, and the Big Springs deposit. A 3200 x 3200 meter (2 sq. miles) bull’s-eye of highly-anomalous, geochemically defined pathfinder elements (antimony, arsenic, mercury) exists within the claim block, coincident to geophysical anomalies both in gravity and resistivity. A Carlin-age (Eocene) intrusion, as verified through uranium-lead radiometric age dating (35.9m years) has been discovered on the property at the center of the geochemical/geophysical anomalies.
Innovative Technology
In the fall of 2014, the Company employed Vital GeoSURVEYS Ltd to perform a geophysical survey utilizing a leading-edge element detection technology. Prior to the survey on Walker Ridge, the technology had been used primarily in the oil and gas sector for the past five years, accumulating a track record of success. The proprietary nature of the innovative technology allows for the in situ detection and the mapping of signals specific to the targeted element. In the case of Walker Ridge, the targeted element is gold (Au). In application, the technology deploys energy and if the target element is present a signature response is detected. The strength of these signature responses is measured and catalogued as “Points of Interest”.
The fall 2014 survey identified 38 Points of Interest occurring in eight clusters over approximately a two-square mile area within the Company’s claim block. Seven of these clusters are coincidental to data sets identified through the Company’s previous work programs on the property: anomalous mercury and antimony geochemical levels, a prominent gravity geophysical low coincident to the surface mercury anomaly, and an electromagnetic/magnetotelluric resistivity low/high. The results of the survey, particularly when applied to the existing data sets, potentially reduces the risks and costs normally associated exploration drilling programs.

Dr. Douglas Oliver, VP of Exploration is quoted as saying:

“Our high priority targets are located in two of the eight Vital GeoSURVEY Clusters as identified in our 2014 element detection survey.” Dr. Oliver continued, “These clusters all possessed a signature response from the targeted element and are coincidental to geochemical, CSAMT and gravity anomalies. Lastly, the fact that the clusters are radially arranged around our confirmed ‘Carlin-type’ intrusive make these first targets excellent choices.”

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