#TSX #Mining News: Nexus
Gold (TSX.V: $NXS) Completes Drilling at Niangouela
Nexus Gold
Completes Rab Drilling At Niangouela Gold Concession, Burkina Faso, West Africa
December
22, 2016 (Investorideas.com Newswire) Nexus Gold Corp. (TSX.V: NXS.V)
has completed its previously announced RAB (rotary air blast) drilling program
at the 178-square-kilometre Niangouela gold concession, Burkina Faso, West
Africa.
The
RAB drill program consisted of 30 holes totaling 802 meters and was conducted
in a grid pattern to test the orientation and extent of a previously identified
primary quartz vein. Historical assays of 5.93 g/t Au, 4.83 g/t Au, and 4.12
g/t Au over sample lengths of 2.0 metres respectively have been returned from
trenching over the vein. In addition recent rock samples taken from the dumps
of local artisanal miners currently working the vein returned 2.49 g/t Au.
The
program was designed to test the top 30 meters of saprolitic rock. Samples were
collected over three meter intervals and were shipped to Actlabs in
Ouagadougou, Burkina Faso.
"We
are really pleased with the speed and efficiency of this RAB program. The
material we observed from the drilling allows us to roughly trace the trend of
this vein. Once we get the assays back we hoping to identify potential shoots
of higher grade mineralization," states Senior Geologist Warren Robb,
P.Geo.
Read this release in
full at http://www.investorideas.com/news/2016/mining/12221Niangouela.asp
About the Niangouela Gold
Concession
The
Niangouela concession is located on the Boromo Greenstone Belt, same as the
Company's Bouboulou Gold Concession, and is proximal to the Kalsaka deposit and
the Sabce shear zone. It is road accessible and has one major orpaillage
(artisanal workings).
To
date 556 pits and 11 trenches have been excavated, and rock and soil samples
have been taken. A total of 1,137 samples have been collected. Previous
programs have identified a zone which runs ENE and WSW occurring in the south
central part of the concession. This zone has returned gold in soil samples up
to 34 g/t Au, rock samples have returned values up to 18 g/t Au, and trenching
has returned values of 4.85 g/t Au over 10 meters.
About Burkina Faso
Burkina
Faso is a landlocked nation, located in West Africa. It covers an area of
roughly 274,000 square kilometres and has an estimated population of more than
16 million people. The country has a stable political setting with a pro-mining
and foreign investment stance. Burkina Faso is the fastest growing gold
producer in Africa, and was the 4th largest gold producer in Africa in 2012.
Eight new mines have been commissioned there over the past six years. The
country has excellent geological potential. The Greenstone Belts that host all
of the major deposits in Ghana and Cote d'Ivoire continue northward into
Burkina Faso. Burkina Faso has undergone less than 15 years of modern mineral
exploration, remaining under explored in comparison to neighbouring Ghana and
Mali; both of which host world class gold mines in the same belts of Birimian
rocks.
About the Company
Nexus
Gold Corp. is a Vancouver-based gold exploration and development company
operating in some of the world's premier mining districts. The Company is
currently concentrating its efforts on two gold projects located in Burkina
Faso, West Africa. The Bouboulou gold concession is a 38-sq km advanced
exploration target where previous drilling has confirmed multiple zones of gold
mineralization, and the Niangouela gold concession, a 178-sq km project
featuring numerous historical gold occurrences. For more information on these
projects, please visit the company website at www.nexusgoldcorp.com
Warren
Robb P.Geo., Senior Geologist is the designated Qualified Person as defined by
National Instrument 43-101 and is responsible for the technical information
contained in this release.
David
Joseph
604-569-1801
davidjosephmarketing@telus.net
604-569-1801
davidjosephmarketing@telus.net
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