Vancouver, Canada / TheNewswire / September 21, 2015 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement. The Company has issued 4,375,000 units (the "Units") at $0.12 per Unit for aggregate proceeds of $525,000. Each Unit consists of one (1) common share (a "Share") in the capital of the Company [...]
Vancouver, Canada / Thenewswire / - September 17, 2015 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) is pleased to announce that it intends to complete, a non-brokered private placement of up to 6,000,000 units ("Units") in the capital of the Company at $0.12 per Unit for total gross proceeds of up to $720,000. Each Unit shall consist of one (1) common share (a "Share") in the capital of the Company and one [...]
Vancouver, Canada / TheNewswire / September 10, 2015 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) is pleased to report that diamond drilling has passed through the upper plate rocks and is now intersecting prospective lithologies in the lower plate rocks at the Company's Walker Ridge Gold Project in the Jerritt Canyon-Independence Trend, Nevada, USA. Drill hole DDH-WR2015-01 drilled through 1,800.3' (548.7m [...]
Nexus Gold is pleased to report that the Company has submitted an expanded Plan of Operation for its 2016 Walker Ridge Gold Project Exploration Drill Program in the Jerritt Canyon-Independence Trend. The plan has been submitted to the Mountain City District Ranger to commence the permitting process. "We are seeking to permit an expanded exploration program in 2016," says President and CEO Peter Berdusco. "Next year's plan [...]
Vancouver, Canada / TheNewswire / August 12, 2015 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) is pleased to report that the Mountain City District Ranger has approved two additional drill pads at the Company's Walker Ridge Gold Project in Jerritt Canyon-Independence Trend, Nevada, USA. The additional drill pads have been added to the previously approved Walker Ridge Exploration Plan of Operation. The [...]
Nexus Gold is pleased to report that diamond drilling is underway on its Walker Ridge Gold Project in the Jerritt Canyon-Independence Trend, Nevada, USA. The Company plans to initially drill 3000 meters of high priority Carlin-type targets. Dr. Douglas Oliver, VP of Exploration stated "Our high priority targets are located in two of the eight Vital GeoSURVEY Clusters as identified in our 2014 element detection survey [...]
Nexus Gold is pleased to announce it has mobilized a diamond drill rig to begin testing its high priority targets on its Walker Ridge gold property located on 4600 acres in the Independence/Jerritt Canyon Gold Trend, Nevada, USA. "Over the last two weeks we have upgraded the road access to the property and prepped the drill pad locations," President and CEO Peter Berdusco commented. "These will be the first lower plate [...]
Nexus Gold is pleased to announce road access upgrading and drill pad preparation has begun for its upcoming phase one drill program at the Walker Ridge Gold Project in the Independence/Jerritt Canyon Gold Trend. Upgrading of access roads at Walker Ridge is necessary to meet the requirements of the Company's upcoming drill program, and to repair damage caused by unusually severe winter and spring weather conditions. Many [...]
A recent innovation in geosurvey methods could help slash costs and risks for mineral exploration projects. A proprietary method that injects energy into the ground and then looks for telltale reactions at the atomic and molecular level, has been licensed by Vital GEOSURVEY for use in mineral exploration. The technology has been used in petroleum exploration since 2010 where it's generating repeat business according to [...]
Nexus Gold is pleased to announce it has received the geophysical survey report from Vital GeoSURVEY(TM) conducted at the Company's Walker Ridge Gold Project in October and November of this year. Walker Ridge is a 100% optioned, advanced-stage, Carlin-type gold exploration project located on 4600 acres (1862 hectares) in the Jerritt Canyon/Independence Trend, Elko County. The survey conducted on the property has [...]
Nexus Gold is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement. The Company has issued 975,000 units at $0.10 per Unit to exempt buyers on a private placement basis for aggregate proceeds of $97,500. Each Unit consists of one (1) common share of the Company at a price of $0.10 per share and one share purchase warrant entitling the holder to purchase one [...]
Nexus Gold is pleased to announce that it is moving forward with plans to begin testing its flagship Walker Ridge Gold Project in Elko County, this Fall. Field operations are expected to begin immediately. The Company is using a leading-edge, field-tested technology that locates and measures key markers of a targeted substance. This proprietary and highly-innovative technique potentially optimizes drill-hole selection [...]