Nexus Gold is pleased to announce that it has signed a definitive agreement with BELEMYIDA SA, pursuant to which Nexus will acquire the right to earn up to 100% interest in the Rakounga Gold Property located in Burkina Faso, West Africa. The 250-square kilometre Rakounga Gold property is contiguous to the Company's Bouboulou gold concession. The Property borders Bouboulou on the west and south sides and hosts the [...]
Nexus Gold is pleased to announce that it has entered a letter of intent with BELEMYIDA SA (the "Optionor"), pursuant to which Nexus will acquire the right to earn up to 100% interest in the Rakounga Gold Property located in Burkina Faso, West Africa. The 250-square kilometre Rakounga Gold Property is contiguous to the Company's Bouboulou gold concession. The Property borders Bouboulou on the west and south sides and [...]
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. As noted in the Company's news release of June 13th, the first phase of a diamond drilling program has commenced on the Bouboulou gold concession, and the Company will provide further information on this program as drilling progresses. In [...]
Nexus Gold is pleased to report that drilling has commenced at its 38-sq km Bouboulou gold concession. Bouboulou is located approximately 75 kilometres north-west of the capital Ouagadougou, on the Boromo-Goren greenstone belt, and is bisected by the Sabce shear zone. The 2000 metre phase one diamond drill program at Bouboulou will target previously identified mineralized zones at the property, namely Bouboulou 2 [...]
Nexus Gold is pleased to report, in anticipation of it's upcoming drill program, that it has mobilized both crew and equipment to the Bouboulou gold concession, located approximately 75 kilometres north-west of the capital Ouagadougou. The 38-sq kilometre property sits on the Boromo-Goren greenstone belt, and is bisected by the Sabce shear zone. The phase one diamond drill program at Bouboulou will include 2000 metres [...]
Nexus Gold is pleased to report it has received geochemical results from Actlabs Burkina Faso SARL, an ISO 9001:2008 certified independent lab, from its initial sampling program at the Bouboulou gold concession, Burkina Faso, West Africa. The sampling program targeted new areas of interest at the Koala zone, and west of the Rawema zone, in preparation of the upcoming Bouboulou phase one diamond drill program set to [...]
Nexus Gold is pleased to provide updates from its two gold exploration projects in Burkina Faso, West Africa. Phase Two Drill Program at Niangouela Completed The Company is pleased to report it has completed its phase two diamond drill program at the 178-square kilometre Niangouela exploration permit, located approximately 85 kilometres north of Ouagadougou. The completed drilling included the remaining phase one holes [...]
Nexus Gold is pleased to provide an update on the Company's ongoing exploration activity in Burkina Faso, West Africa. Additional Zones and Targets Identified at Niangouela Company geologists are pleased to report that in addition to the main quartz vein-shear system tested to date, an additional five zones of veining and shearing have now been identified at the Niangouela gold concession. These additional structures were [...]
Nexus Gold is pleased to announce that it has received a new work permit for its Bouboulou Gold concession located in Burkina Faso, West Africa. The new permit is for an initial term of three years, and can be renewed twice for a total term of nine years. "The new permit puts Nexus in a favourable position with respect to our developmental timeline at Bouboulou and Burkina Faso in general. With numerous complex [...]
Nexus Gold is pleased to announce the completion of its phase one diamond drill program at the 178-square kilometer Niangouela exploration permit located approximately 85 kilometers north of Ouagadougou, Burkina Faso. A 2000m phase two program is now underway to test down the dip and strike extensions of gold mineralization identified by the company in its phase one program. The program will also test additional targets [...]
Nexus Gold is pleased to announce it will increase its diamond drilling program at the 178-square kilometre Niangouela exploration permit located approximately 85 kilometers north of Ouagadougou. The Company recently completed 1470 metres of the scheduled 2000 metre phase one program and will be completing the initial phase and releasing assays from the remaining holes in the coming weeks. The Company will immediately [...]
Nexus Gold is pleased to announce initial assay results from its phase one diamond drill program conducted on the 178-square km Niangouela exploration permit located approximately 85 km north of Ouagadougou, Burkina Faso. The first phase diamond drill program was designed to test anomalous rock samples collected from underground artisanal workings and anomalous Rotary Air Blast (RAB) drilling completed by the company in [...]