Nexus Gold Corp. is pleased to announce that has entered into an agreement, dated effective March 6, 2020, with Union Gold Inc. and Margaret Duffitt pursuant to which the Company proposes to acquire the Dorset Gold Project. The Project consists of a series of mineral claims located in the Province of Newfoundland, south of the Pine Cove Gold Mine. The Dorset Gold Project is a 275-hectare land package containing multiple [...]
Nexus Gold Corp. is pleased to announce early sampling results from the 100%-owned Manzour-Dayere gold exploration permit, located 325 km south west of the capital city of Ouagadougou, Burkina Faso, West Africa. Upon acquiring the 190.53 sq-km concession Company geologists began a comprehensive ground reconnaissance program to identify potential mineralized zones, and map active orpaillages . Results of the first dozen [...]
Nexus Gold Corp. is pleased to update shareholders on the upcoming drill campaign at the 100%-owned McKenzie Gold Project, located in Red Lake, Ontario. The drill permitting process has been underway and is anticipated to conclude shortly. Upon confirmation that permits have been received the Company will commence a phase one, minimum 1000-meter, diamond drill program to test the mineralization potential of a corridor [...]
Join Ellis Martin for a chat with Alex Klenman the President and CEO of Nexus Gold Corp.Nexus Gold Corp. is an active explorer and developer with four projects in gold-rich Burkina Faso, West Africa, and five projects , in three proven and prolific mining districts across Canada including the 100% owned McKenzie Gold Project, a 1,300-hectare exploration target with multiple high-grade samples to date in the historic Red [...]
Nexus Gold Corp. is pleased to announce that it's wholly owned subsidiary, Nexus Gold Corp. Burkina SARL, has acquired through application a 100% percent interest in the 190.53 sq-km Manzour-Dayere gold exploration permit located on the Boromo Greenstone belt, 325 km south west of the capital city of Ouagadougou, Burkina Faso, West Africa. Historical exploration conducted on the property between 2011 and 2014 has [...]
Nexus Gold Corp. is pleased to announce that it has completed the final tranche of its non-brokered private placement through the issuance of 16,980,000 non-flow-through units at a price of $0.05 per Non-Flow-Through Unit, and 2,825,000 flow-through units at a price of $0.055 per Flow-Through Unit. When combined with the earlier tranches of the placement, the Company raised gross proceeds of $1,626,000. Each [...]
Join Ellis Martin for a conversation with Alex Klenman the President and CEO of Nexus Gold Corp. Nexus Gold is an active explorer and developer with four projects in gold-rich Burkina Faso, West Africa, and five projects, in three proven and prolific mining districts across Canada including the 100% owned McKenzie Gold Project, a 1,300-hectare exploration target with multiple high-grade samples to date in the historic Red [...]
Nexus Gold Corp. is pleased to announce that it has completed an initial tranche of its non-brokered private placement through the issuance of 6,249,000 non-flow-through units at a price of $0.05 per Non-Flow-Through Unit, and 4,981,364 flow-through units at a price of $0.055 per Flow-Through Unit. In connection with completion of the initial tranche, the Company raised gross proceeds of $586,425. Each Non-Flow-Through [...]
Nexus Gold Corp. is pleased to announce it will be advancing its exploration efforts on its 100%-owned McKenzie Gold Project, located in Red Lake, Ontario. The company intends to conduct a phase one, minimum 1000-meter, diamond drill program to test the mineralization potential of a corridor occurring along the southern contact of the Dome Stock with felsic Volcanics of the Balmer Assemblage, in later winter/early spring [...]
Nexus Gold Corp. is pleased to announce that it has entered into a property option agreement with Kruger Gold Corp., a privately held arms'-length company, pursuant to which the Company has agreed to grant Kruger the right to acquire a seventy-five percent interest in the Rakounga Gold Project, located in Burkina Faso, West Africa . The Rakounga Project consists of an exploration permit totaling a 250 square kilometer [...]
Nexus Gold Corp. is pleased to report that it has been informed by geological consultants, Rimini Exploration & Consulting, that its second phase of prospecting on its 100%-owned McKenzie Gold Project located at Red Lake, Ontario, has now been completed. The phase two prospecting program, which included approximately 60 grab and chip samples, was designed to further determine areas of interest on the property's southern [...]
Nexus Gold Corp. is pleased to provide an update regarding the proposed November drill program at it's 100%-owned Dakouli 2 gold concession, located in Burkina Faso, West Africa. The Dakouli 2 exploration permit is a 98-sq km gold exploration property located approximately 100 kilometers due north of the capital city Ouagadougou. The drill program, which would consist of up to 2000 meters, is designed to test several of [...]