NXS.V - Nexus Gold - Explores 2 Gold Projects in 2017NOTE: Both gold projects are having serious $$$$$ spent on exploration in 2017.
The Niangouela gold concession is located on the Boromo greenstone belt, and is proximal to the Kalsaka deposit and the Sabce shear. The company has delineated a 1km quartz vein and shear strike with samples taken at depth (46-60m) returning high-grade gold assays up to 2,950 g/t. Eight of the first nine diamond drill holes on the property returned positive gold results, highlighted by a 4.85m intercept of 26.69 g/t (including one metre of 132 g/t).
The Bouboulou gold concession features numerous near-surface gold occurrences of both length and grade, as highlighted by historical drill results (40m of 1.54 g/t, including 20m of 2.25 g/t; 35m of 2.2 g/t, including 12m of 5.45 g/t; 10m of 2.84 g/t, including 2m of 12.45 g/t; 4m of 12.53 g/t). The property contains three distinct gold trends, each extending 5000 metres (5km) in length. The property was previously explored by Riverstone Resources and Roxgold Inc.