Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ALX Resources Corp V.AL.P


Primary Symbol: V.AL Alternate Symbol(s):  ALXEF

ALX Resources Corp. is a diversified mineral exploration company engaged in exploring a portfolio of mineral properties in Canada, which include uranium, lithium, nickel-copper-cobalt and gold projects. Its uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project, and others. It also owns 100% interests in the Firebird Nickel Project, the Flying Vee Nickel/Gold and Sceptre Gold projects, Blackbird Project, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. It owns a 50% interest in eight lithium exploration properties, collectively known as the Hydra Lithium Project, located in the James Bay region of northern Quebec, Canada, a 100% interest in the Anchor Lithium Project in Nova Scotia, Canada, and others.


TSXV:AL - Post by User

Bullboard Posts
Post by InvestorOon May 11, 2017 9:41pm
201 Views
Post# 26234857

Nexus Gold - First is Nianguoela, Next is Bouboulou

Nexus Gold - First is Nianguoela, Next is Bouboulou Bring on the drilling find that gold !

Two properties in a hot mining country in Africa with good gold results to date.

The chances are greater in favor of the company now to deliver the gold and a new deposit (s)

This company is NOT a one trick pony !


glta

IO


About the Bouboulou Gold Concession


The Bouboulou exploration permit covers an area of 38.8 -sq km approximately 75 kilometres north-west of the capital Ouagadougou and is accessible by paved road.  The Bouboulou permit is located on the Boromo-Goren greenstone belt and is bisected by the Sabce shear zone.

This regional north-east trending structure hosts numerous artisanal workings along its 120- kilometre length and hosts the Bissa Hills deposit presently being mined by Norgold.  Three 5km anomalous gold trends exist on the property along with numerous artisanal zones (orpaillages).

Gold mineralization was first identified at Bouboulou by Boliden in 1997 where a regional Rotary Air Blast (RAB) drilling program outlined a broad north-east trending gold anomaly measuring 13km by 2km over what is now the Bouboulou permit. The concession was then explored by Riverstone Resources and Roxgold Inc.

Highlights of these surface exploration programs include surface rock sampling and trenching that returned gold grades from 1.09 to 19.16 g/t. Four zones of gold mineralization have been identified on the property, termed Koala, Rawema, Bouboulou 2 and Pelgtanga.  Roxgold later completed reverse circulation (RC) and diamond drilling (DD) to test the four mineralized zones.

Historical drilling highlights from each of the four zones:
 
Hole azimuth dip depth (m) From To (metres) (g/t Au) Zone
BBL-11-RC-006 120 -67 115 70 110 40 1.548 Bouboulou 2
      includes 70 90 20 2.255  
      and 100 110 10 1.422  
BBL-11-RC-013 300 -50 109 74 109 35 2.209 Rawema
      includes 74 86 12 5.455  
BBL-11-RC-020 270 -55 103 40 50 10 2.844 Koala
      includes 42 44 2 12.450  
BBL-11-RC-027 120 -45 120 90 114 24 1.36 Bouboulou 2
BBL-11-RC-042 320 -55 114 52 54 2 3.80 Pelgtanga
 
Hole azimuth dip depth (m) From To (metres) (g/t Au) Zone
BBL-11-DD-002 315 -45 127 42 44 2 5.43 Rawema
BBL-11-DD-003 135 -45 142 56 58 2 5.33 Bouboulou2
        78 82 4 12.53  
BBL-11-DD-005 300 -50 179 74 80 6 4.62 Rawema
      includes 77.7 78 0.3 81.32  
BBL-11-DD-008 320 -45 198 125 127 2 2.55 Koala
 *The above reported data are drill intercept lengths and not true widths

Bouboulou Trend Analysis

The Company has compiled historical data including airborne geophysics, Rotary Air Blast (RAB) drilling, geochemical sampling, reverse circulation drilling, diamond drilling and the location of orpaillages (zones of artisanal gold mining). The compiled data reviewed consists of over 7000 assays collected between 2011 and 2012.

This data displays three strong coincidental geochemical and geophysical anomalous gold trends. These trends extend from the four drill-identified mineralized zones, namely Rawema, Pelgtanga, Bouboulou 2 and Koala.  Each of the three trends extends in length for 5000 meters (5KM). They are identified by numerous orpaillages and geochemical samples of greater than 1 gram per tonne gold.

All three of the Bouboulou trends identified are defined by similar coincidental anomalies.  Each trend has substantial artisanal workings either directly on them or along the trend.

Map of the Bouboulou trends can be found here:

https://www.nexusgoldcorp.com/index.php/en/projects-3/bouboulou-gold-concession
Bullboard Posts