WHO SURROUNDS - NEXUS - RED LAKE DISTRICT ?Previous post comment - Could Nexus swing it ( nail Mc Kenzie ) with current share count ?
I guess anything's possible. But... all depends on - incoming drills -
If they see more of those 56m - 136m over 1g of gold....
i'm sure it will turns a few heads.
What's more important ? The follow up drills, Nexus" next round of drills planned for Mckenzie.
We already seen the locations of the porposed pinpoints....but,
I would suggest framing the - perch lake - sinking holes around the lake and if Nexus
performs with similar long intercepts - then what would this do ?
IT QUADRONS THE AREA - CREATING AN INFERRED RESOURCE CONSTRAINT.
WHICH BRINGS SHAREHOLDER VALUE.
The proposed 2022 drill hole plcements are too patchy, - thus requiring several more drill rounds to build out a potnetial resource. ( if applicable )
In my opinion it won't deliver the results needed to make the impact.
Again, framing the perch lake could prove more positve - this is where a lil homework is needed researching what nearby peers have -
NEXUS" POTENTIAL FUTURE ( DRILL AREAS ) https://www.instagram.com/p/CV0lr4ol690/ https://www.instagram.com/p/CV0ll4vlQZU/ YAMANA - is literally kissing - Nexus .
Nothing much ado, they have the claim aside of Nexus but haven't really worked them.
There is historical drilling on Yamana's claims - i've checked their website - but - zippola.
( under exploration )
PREMIERE - is a stone throw away - inlline with Nexus' claims along the red lake shoreline.
what's interesting ?
Yup.... Premiere has very similar geology as Nexus, and long intercepts with similar grades.
They've got the 100m intercepts - going on.
That's what i was looking for - other dril lresults that support Nexus' and in a broader stepout poving this area that Nexus has is not just an anomaly - rather - the sub terrain has something going on inwhich has 100m strata with varied 1g - 12g of gold occurences.
Premiere's drill hits - https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1309-tsx/pg/20786-premier-gold-mines-hasaga-project-delivers-positive-red-lake-winter-drill-results.html Premiere has the historical Hasaga - mine claims - notice the distance to - St Pauls Bay, where Nexus is in close vicinity -presently drilling. As one can see where the St Paul point is and where Premieres claims are.
NAUTICAL CONTOUR MAP -RED LAKE ( invaluable ) https://fishing-app.gpsnauticalcharts.com/i-boating-fishing-web-app/fishing-marine-charts-navigation.html?title=Red+Lake+boating+app#14.76/51.0250/-93.9050/1.4 Why do i think this contour map is invaluable ? I went on the hunt to find out what - perch lake's - depth was, but, to no - avail. .
I later came across this nautical contour map of Red Lake, and well....
If Nexus and Premiere are sinking drills close to the Lakes edge - such contour depths are great to know - seems ( own opinion ) this gold trend that prtemiere and nexus have discovered could - might - run towards the interior ofthe lake.
Knowing the Red Lake's depths vs what depths the drill intercepts are on land - could come in handy. - If ever Nexus drilled towards the Red Lake - they'have the reference and know what pitch to use - 80 ft depth is only 24 meters...
Secondly,
if Nexus ever wanted to tie in their St Paul area clai mwith Mc Kenzie Island claims -
a nautical map would be - invaluable.
Yeah.. .Nexus owns a good portion the the - Mc Kenzie island.
YUP - NEXUS OWNS A GOOD PORTION OF - Mc KENZIE ISLAND - In 2017 a ground reconnaissance program resulted in a prospecting discovery, with high-grade samples returning up to 313 grams-per-tonne (''g/t'') gold (''Au''). A new showing on the southwest corner of McKenzie Island, located in the northern portion of the project area, was also discovered during this program and returned multiple high-grade samples ranging from 9.37 g/t Au to 331 g/t Au. This new discovery lies approximately 100 meters west of a historical showing where gold values of up to 212.8 g/t Au have been reported in provincial government files.
In 2005, Cypress Development Corp conducted a small drill program near the southern boundary that intersected a strongly silicified, sericite-altered, east-west-trending mineralized zone up to 600 meters long and open along strike and to depth. Quartz veining accompanied by sphalerite, arsenopyrite, chalcopyrite and free gold returned gold values in drill core of up to and 2.2 g.t Au over 6 meters.
Quartz veining and sulphide mineralization are also reported in multiple locations on McKenzie Island, within the northern portion of the property boundary. Sampling conducted in 2017 returned up to 18.02 g/t Au in grab samples from the vein exposure.
Who would i keep an eye on in terms of, competition ? Premiere, Pure Gold, Red Lake mines. I don't think Yamana has a large enough presence in this specific area.
Premier trades at - $2.97
Has - 239 million shares out.
So, goes to prove - other stocks can have a great valuation with wel lover 200 m shares out.
Just saying...
RED LAKE DISTRICT - PEER MAP 
Cheers...