Nexus Gold Corp. is pleased to announce that the Company has reached an agreement with Robert Stares, an arms'-length party, to acquire a series of mineral claims located in Central Newfoundland and commonly known as the Gummy Bear Copper-Gold Project . In consideration for the Project, the Company is required to issue 4,000,000 common shares. The Company is also required to grant a 2.0% net smelter returns royalty on [...]
Nexus Gold Corp. is pleased to announce that the Company has reached an agreement with Robert Stares, an arms'-length party, to acquire a series of mineral claims located in Central Newfoundland and commonly known as the Gummy Bear Copper-Gold Project . In consideration for the Project, the Company is required to issue 4,000,000 common shares. The Company is also required to grant a 2.0% net smelter returns royalty on [...]
2017 high-grade grab samples include 331 g/t Au, and 313 g/t Au 600-meter strike length established through prior drilling in 2005 1,348.5-hecatre property located in the prolific Red Lake Gold Camp Nexus Gold Corp. is pleased to report that it has finalized its upcoming exploration plans for its 100%-owned McKenzie Gold Project, situated in Red Lake, Ontario. Over the past two months the Company has been reviewing [...]
Nexus Gold Corp. is pleased to report geochemical results from recent exploration activity at the 100% -owned, 98-sq km Dakouli 2 Gold Project, located on the Goren Greenstone Belt, central Burkina Faso, West Africa. The Company recently completed a termite mound sampling program that tested 100 targets extending some 2500 meters west, and 350 meters south, from the northeastern boundary of the Dakouli 2 exploration [...]
Nexus Gold Corp. is pleased to announce the appointment of J. Ian Stalker as Non-Executive Chairman. Mr. Stalker, currently a Director with the Company, has more than 45 years of development and operational mining experience in countries around the world, including over a decade working in West Africa. Among his many senior executive positions, he was Managing Director of Ashanti Goldfields Co. Limited ; Vice President of [...]
Nexus Gold Corp. announces that it will not be proceeding with the grant of incentive stock options as previously announced on February 19, 2019. Instead the Company will complete a grant of 1,300,000 incentive stop options to certain directors, officers and consultants to the Company at an exercisable price of $0.13 for a period of sixty months. The options will vest immediately. About the Company Nexus Gold is a [...]
Nexus Gold Corp. is pleased to announce that it has closed an initial tranche of its non-brokered private placement. In connection with closing of the initial tranche, the Company issued 9,744,913 units at a price of $0.115 per Unit for gross proceeds of $1,120,665. Each "Unit" consists of one common share of the Company, and one common share purchase warrant . Each Warrant entitles the holder to acquire an additional [...]
Nexus Gold Corp. is pleased to announce that due to strong investor interest, the board of directors of the Company has approved an increase in the size of the Company's previously announced private placement financing. The Company now intends to offer up to 26,086,957 units at a price of $0.115 per unit for gross proceeds of up to $3,000,000. Each "Unit" will consist of one common share of the Company and one common [...]
2017 high-grade grab samples include 331 g/t Au, and 313 g/t Au 600-meter strike length established through prior drilling in 2005 1,348.5-hecatre property located in the prolific Red Lake Gold Camp Nexus Gold Corp. is pleased to announce that it has signed a definitive agreement with 1082545 B.C. Ltd. , an arms'-length party, to acquire the McKenzie Gold Project . The Project consists of a series of mineral claims [...]
2017 high-grade grab samples include 331 g/t Au, and 313 g/t Au 600-meter strike length established through prior drilling in 2005 1,348.5-hecatre property located in the prolific Red Lake Gold Camp Nexus Gold Corp. is pleased to announce that it has entered into a letter of intent with 1082545 B.C. Ltd. , an arms'-length party, to acquire the McKenzie Gold Project . The Project consists of a series of mineral claims [...]
Nexus Gold Corp. has entered into a letter of intent with an arm's-length third party to provide financing of up to $250,000 towards the development of the Company's newly acquired New Pilot Project , located in the Bridge River mining camp in British Columbia, Canada. In consideration for providing financing of at least $250,000 toward development of the Project prior to December 31, 2019, the investor will earn a ten [...]