Nexus Gold Corp.

Nexus Gold Corp. is pleased to announce the effective date for its previously announced spinout of the Company's Canadian projects by way of the distribution of the shares of its subsidiary Nexus Metals Corp. to the shareholders of the Company through a statutory plan of arrangement . The Arrangement is expected to take effect at 12:01 a.m. on October 12, 2022 . Pursuant to the terms of the Arrangement, holders of common [...]

wp=3098]Nexus Gold Corp.[/wp] is pleased to announce that it has received court approval by way of a final order granted by the Supreme Court of British Columbia for the completion of its arrangement involving the spinout of Nexus Metals Corp. and its Canadian resource projects to shareholders. In anticipation of completion of the Arrangement, the Company has transferred all of its rights to the Canadian projects to Nexus [...]

Nexus Gold Corp. is pleased to advise that its proposed plan of arrangement, announced June 28, 2022, has received approval of the shareholders of the Company. The Arrangement, which involves the spinout of the Company's Canadian projects was approved at a special shareholders meeting held on August 4, 2022, by 99% of the votes cast at the meeting. The Arrangement remains subject to approval by the Supreme Court of [...]

Nexus Gold announces its intent to spinout the Company's existing Canadian projects, which include the McKenzie Gold Project, located in Red Lake, and the 13,000-ha Cyclone Gold-Nickel-Copper project, located in the James Bay region. In anticipation of the Spinout, the Company is transferring all of its rights to the Canadian Projects to Nexus Metals Corp., a newly-established subsidiary of the Company. A total of [...]

Nexus Gold Corp. is pleased to announce it has commenced exploration at its wholly-owned 13,166-hectare Cyclone Project, a gold-nickel-copper property which covers a 28-kilometre strike length of the Aquilon Greenstone Belt in the James Bay Region. The Company has contracted Prospectair Geosurveys Inc of Gatineau, to conduct a property-wide, 1,127 line-kilometers combined magnetic and time-domain electromagnetic airborne [...]

Hole MK-21-025 returns 10.21 g/t Au over 2 meters Hole MK-21-028 returns 74m of 0.65 g/t Au Includes 13m of 1.15 g/t Au and 7m of 1.06 g/t Au Strike length now over 475 meters Vancouver, February 15, 2022 - Nexus Gold Corp. is pleased to report additional assay results from its second round of phase two diamond drilling on its 100% owned McKenzie Gold Project located at Red Lake, Ontario. This second round of drilling [...]

Nexus Gold Corp. is pleased to report initial assay results from its second round of phase two diamond drilling on its 100% owned McKenzie Gold Project located at Red Lake, Ontario. This second round of drilling, completed in December 2021, was designed to test gold anomalies occurring in and around historic trenches identified earlier in the fall by prospecting teams employed by the Company. The program was also testing [...]

Nexus Gold Corp. is pleased to report that it has received confirmation from the Government of Burkina Faso's Ministre de L'Energie des Mines et Les Carriers that its application for expanding the Dakouli 2 permit has been approved. The expansion of the Dakouli 2 project has resulted in the exploration permit being expanded by 1.39 square kilometers. The expansion extends the permit coverage westward from its original [...]

Nexus Gold Corp. is pleased to report that it has completed its second round of phase two diamond drilling on its 100% owned McKenzie Project located at Red Lake, Ontario. This second round of drilling was designed to test gold anomalies occurring in and around historic trenches identified earlier in the fall by prospecting teams employed by the Company. The program was also testing the potential strike extension of [...]

Nexus Gold Corp. is pleased to announce that crews and equipment have been mobilized to its 100%-owned McKenzie Gold Project located at Red Lake Ontario, and drilling is now underway. The planned up to 2000-meter drill program commenced with the first hole being drilled to test the northern extent of gold mineralization identified by earlier drilling conducted by the Company in April 2021 which included holes MK-21-018 [...]