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Nexus Gold to Complete Initial Work Program at Bouboulou Concession, Burkina Faso
Vancouver, BC / TheNewswire / July 28, 2016 – Nexus Gold (TSXV:NXS) is pleased to announce that it intends to complete an initial work program at the Bouboulou Gold Concession (“Bouboulou” or the “Property”), located in Burkina Faso, West Africa.
Vancouver, BC / TheNewswire / July 28, 2016 – Nexus Gold (TSXV:NXS) is pleased to announce that it intends to complete an initial work program at the Bouboulou Gold Concession(“Bouboulou“or the“Property“), located in Burkina Faso, West Africa.
Preliminary work on the Property will consist of reviewing legacy data, data compilation, geological mapping, drill hole mapping and selection, rock and core geochemical re-sampling, ground confirmation, and sourcing of drill operator, equipment and crew. Diamond drilling is anticipated in early fall, after the completion of the rainy season in Burkina Faso. The work program will be overseen by Warren Robb, P.Geo.
Bouboulou covers an area of 38.3 square kilometers and is located approximately 100 kilometers north by northwest of the capital city of Ouagadougou. Exploration on the Property has been conducted by Boliden (1997 – 1999), Riverstone Resources (2005- 2011) and Roxgold Inc. (2011 to 2012). Past exploration has consisted of rotary air blast drilling, trenching, geological mapping, airborne EM and magnetometer and radiometrics, reverse circulation and diamond drilling.
Highlights of the previous exploration programs includes surface rock sampling and trenching returning gold grades from 1.09 to 19.16 g/t gold. Four zones of gold mineralization have been identified on the property termed Koala, Rawema, Bouboulou 2 and Pelgtanga.
Readers are cautioned that the acquisition of an interest in the Property remains subject to the approval of the TSX Venture Exchange. A work program cannot be completed on the Property until such time as that approval is obtained. The Company has applied to the Exchange for approval. For further information with respect to the acquisition of an interest in the Property by the Company, readers are encouraged to review the Company’s news release of July 11, 2016.
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