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Gold Exploration in Red Lake: One Drill Hole Away from Major Change

Dave Jackson Dave Jackson, Stockhouse
2 Comments| July 10, 2020

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Click to enlargeDrilling is underway Nexus Gold Corp’s (TSX-V:NXS, OTC:NXXGF, Forum) McKenzie property located in Red Lake, Ontario, and the company recently announced an increase to their phase one drill program. Historic drilling conducted in 2005 returned significant values, including 7.49 g/t Au over 8.2 meters, 15.54 g/t Au over 0.8m, and 2.15 g/t Au over 5.5m.

It’s an exciting time for the company, who are also looking to develop their West African properties as the price of gold heads north of US$1,800, a number CEO Alex Klenman predicted in a Stockhouse interview at the beginning of the year. Nexus Gold has an extensive portfolio of gold properties and Alex returned to the Stockhouse stage to update investors in a lively discussion.

(Click image to play video)




FULL DISCLOSURE: This is a paid article produced by Stockhouse Publishing.


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Comments

Well NAK has Certainly responded $1.69 today .... will be $2 by next Friday And NXXGF ...... hello, Hello, HELLO IS ANYONE HOME?? lmao 🤣
(1)
July 17, 2020

1 hole away.... I love that comment. Like standing at the Roulette Table ready to throw the dice. Good Luck! and ... NAK is just a “Permit Away” and it’s needs that issued Soon, especially after giving away shares to CF at a bargain price that caused that stock to tumble on Friday, but it Will Rebound .... quickly (I Hope!). Got a bunch money 💰 invested in these 2 stocks.
(1)
July 12, 2020

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