Nexus Gold is pleased to announce that it has closed its non-brokered private placement of 20,027,123 units , at a price of $0.15 per Unit, for gross proceeds of $3,004,068. Each Unit consists of one common share of the Company, and one-half-of-one common share purchase warrant. Each whole Warrant is exercisable to acquire one additional common share of the Company at a price of $0.25 per share for a period of twelve [...]
Nexus Gold reports the following management and board changes: Management Changes Effective immediately, Alex Klenman, the current Chairman and Chief Operating Officer of the Company, has been appointed as Chief Executive Officer. Mr. Klenman replaces the current Chief Executive Officer of the Company, Peter Berdusco, who will remain with the Company as president until June 1, 2018, at which time Mr. Klenman will also [...]
Nexus Gold is pleased to provide select sampling results from its ongoing field exploration programs currently being conducted on its Niangouela and Bouboulou exploration permits, located in Burkina Faso. On the Bouboulou permit, rock samples were collected from a new orpaillage located some 600 m south west of the Rawema showing which has returned drill intersections of 2.21 grams per tonne gold over 35 metres, including [...]
Nexus Gold Corp. is pleased to announce assay results from its reverse circulation drill program on its Rakounga gold exploration permit located 100 kilometers north of Ouagadougou, Burkina Faso, West Africa. Significant results were returned from drilling at the Koaltenga orpaillage where drill holes RKG-17-RC-008 returned 34 metres of 1.00 grams per tonne gold , including four metres of 5.60 g/t Au, and drill hole RKG [...]
Nexus Gold is pleased to announce assay results from the first five reverse circulation drill holes conducted at the Rakounga gold concession, located 109 km north of Ouagadougou, Burkina Faso. Gold mineralization was intersected in four of the first five holes drilled on the property. Significant results were returned from holes RKG-17-RC-001 and RKG-17-RC-002, which returned extended intercepts of 26 metres grading [...]
Today's buy recommendation comes from Fundamental Research Corp. Analyst Sid Rajeev considers Nexus Golda good speculative investment opportunity. The shares were trading at $0.065 on October 20th, the day the report was issued. InvestmentPitch Media has produced a "video" which discusses this company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Nexus" in the search box. Cannot view this [...]
Nexus Gold is pleased to report that drilling has commenced at its 250-sq km Rakounga gold concession, located adjacent to the Company's Bouboulou gold concession, in Burkina Faso, West Africa. The phase one reverse circulation ("RC") drill program at Rakounga will include 3000 metres targeting mineralization occurring at the Koaltenga, Gounga and Porphyry orpaillages that have now been identified and sampled at the [...]
Nexus Gold is pleased to announce that it has completed a second tranche of its private placement through the issuance of 4,871,000 units at a price of $0.075 for gross proceeds of $365,325. Each "unit" consists of one common share and one-half-of-one common share purchase warrant exercisable to acquire an additional common share at a price of $0.12 for a period of twenty-four months. In connection with completion of this [...]
Nexus Gold is pleased to report its upcoming fall work program will include a 3000-metre reverse circulation drill program at the newly optioned Rakounga property, located adjacent to the Company's Bouboulou gold concession in Burkina Faso, West Africa. The exploration program at Rakounga has been designed to test the nature of the mineralization occurring at each of the three orpaillages that we have identified and [...]
Nexus Gold is pleased to report that it has received assay results for rock samples collected on the Gounga and Porphyry orpaillages on its newly optioned Rakounga property, located adjacent to the Company's Bouboulou gold concession in Burkina Faso, West Africa. Four rock samples were collected from the Porphyry orpaillage returning elevated gold values of 19.95 gram per tonne ("g/t") gold ("Au"), 2.57 g/t Au, and 1.175 [...]
Nine of 10 holes from maiden drill program at Bouboulou intersected gold - 4.41 g/t Au over 8.15m, including 23 g/t Au over 1m at Bouboulou - 5.21 g/t Au over 3.05m, including 15.5 g/t Au over 1m at Bouboulou - 1.04 g/t Au over 23m, including 4.1 g/t over 1m at Bouboulou - 1.23 g/t Au over 9m, 1.1 g/t Au over 4m at Niangouela - Sampling as high as 17.3 g/t Au at newly acquired Rakounga concession Vancouver, Canada [...]
Nexus Gold wishes to confirm that the Company's management is unaware of any material change in the Company's operations which would account for the recent increase in market activity. The Company will continue to provide updates of any material changes if, and when they occur. About the Company Nexus Gold is a Vancouver-based gold exploration and development company operating in some of the world's premier mining [...]
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