Nexus Gold Corp. is pleased to announce that it has completed the offering of 18,440,910 flow-through units. The FT Units were offered by way of non-brokered private placement, at a price of $0.055 per FT Unit, for gross proceeds of $1,014,250. Each “FT Unit” is comprised of one common share, and one common share purchase warrant exercisable to acquire an additional common share at a price of $0.07 for a period of [...]
Nexus Gold Corp. is pleased to report that it has completed its phase one Reverse Circulation maiden drill program at its 100%-owned Dakouli 2 gold exploration permit located in central Burkina Faso, West Africa. The RC program at the 9,800-hectare concession consisted of 22 drill holes for a total of 2914 meters of drilling. The program was designed to test four areas that have returned either high gold values from rock [...]
Nexus Gold Corp. is pleased to announce that it has closed an initial tranche of a non-brokered private placement through the issuance of 10,369,764 units at a price of $0.055 per Unit for gross proceeds of $570,337. Each "Unit" consists of one common share of the Company, and one-half-of-one common share purchase warrant exercisable to acquire an additional common share of the Company at a price of $0.075 until November [...]
Nexus Gold Corp. is pleased to announce it has mobilized crew and drill equipment to the Dakouli 2 Gold Concession, located in Burkina Faso, West Africa. The maiden Dakouli drill program, scheduled to begin within the next few days, will consist of approximately 3000 meters of Reverse Circulation drilling to test depth extensions of geochemical gold anomalies identified through termite mound sampling, soil gold [...]
Nexus Gold Corp. is pleased to announce the appointment of Deena Siblock to the position of Vice President, Corporate Development, effective immediately. Ms. Siblock brings over 20 years experience in capital markets strategy and execution and has distinguished herself as a leader in corporate governance, communications, and risk management. She has demonstrated exceptional commitment and passion throughout her career and [...]
Nexus Gold Corp. is pleased to announce it has engaged Forage Technic Eau Drilling to conduct a minimum 3000 meters of Reverse Circulation Drilling on the company's 100% owned Dakouli 2 Gold Project, located 100 kilometers north of the capital of Ouagadougou, Burkina Faso, West Africa. The maiden Dakouli drill program, scheduled to commence in late October, will be testing depth extensions of geochemical gold anomalies [...]
Nexus Gold Corp. is pleased to provide a corporate update to shareholders regarding ongoing Company exploration activities. Dakouli 2 Gold Concession, Burkina Faso, West Africa During the most recent reconnaissance and sampling program at the Company's 100%-owned, 98-sq km, Dakouli 2 Gold Concession , Company geologists were able observe the overall mineralized footprint in the main zone , as defined by artisanal mining [...]
Nexus Gold Corp. is pleased to announce assay results from its recent reconnaissance and sampling program conducted at the Company's 100%-owned, Dakouli 2 Gold Concession, located in Burkina Faso, West Africa. The summer reconnaissance program was designed to both measure the current scope of artisanal activity and to prioritize target locations for the Company's maiden drill program, scheduled for later this fall. During [...]
Nexus Gold Corp. is pleased to report it has received additional assay results from the recently completed phase one drill program at the Company's 100% owned McKenzie Gold Project, located in Red Lake, Ontario. The final seven holes drilled in this program were testing targets identified by the company in its 2019 surface prospecting programs. Drilling continued to intersect narrow intercepts in the 1-4 grams-per-tonne [...]
Nexus Gold Corp. is pleased to announce a reconnaissance and sampling program is underway at the Company's 100%-owned, Dakouli 2 Gold Concession, located in Burkina Faso, West Africa. As announced in a Company news release dated June 23, 2020, during recent site visits Nexus personnel noted an increase in artisanal mining activity along strike at the main mineralized zone. The increased strike activity now extends the [...]
Nexus Gold Corp. is pleased to report it has received initial assay results from the first six holes of the recently completed phase one drill program at the Company's 100% owned McKenzie Gold Project, located in Red Lake, Ontario. This first round of drilling conducted in the St. Pauls Bay area was designed to test depth extensions of surface rock sampling conducted by the company in June and November of 2019, and to [...]
Nexus Gold Corp. is pleased to provide a corporate update to shareholders regarding ongoing Company initiatives. McKenzie Gold Project, Red Lake, Ontario Phase one drilling was recently completed at the Company's 100% owned McKenzie Gold Project, located in Red Lake, Ontario. The phase one program totaled approximately 2000 meters of diamond drilling designed to test the mineralization potential of several gold targets [...]
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