Nexus GOLD Acquires Manzour-Dayere GOLD Project, Burkina Faso, WEST Africa
NEXUS GOLD CORP.
Suite 802, 750 West Pender Street
Vancouver, BC, V6C 2T8
604-558-1919
NEWS RELEASE
NEXUS GOLD ACQUIRES MANZOUR-DAYERE GOLD PROJECT,
BURKINA FASO, WEST AFRICA
Vancouver, Canada – February 4, 2020 - Nexus Gold Corp. (“ Nexus” or the “Company”) (TSX-V: NXS,
OTCQB: NXXGF, FSE: N6E) is pleased to announce that it’s wholly owned subsidiary, Nexus Gold Corp.
Burkina SARL, has acquired through application a 100% percent interest in the 190.53 sq-km (19,053-
hectare) Manzour-Dayere gold exploration permit located on the Boromo Greenstone belt, 325 km
south west of the capital city of Ouagadougou, Burkina Faso, West Africa.
Historical exploration conducted on the property between 2011 and 2014 has identified an area of
large artisanal workings (“orpaillage”) located on the property. Sampling* conducted at this time
throughout the artisanal workings returned reported high-grade values of 132 grams-per-tonne (“g/t”)
gold (“Au”), 85.40 g/t Au, 61.20 g/t Au, and 27.9 g/t Au, from select grab samples of quartz veining at
the orpaillage, while select grab samples of the sedimentary host rock have returned values of 103 g/t
Au and 21.40 g/t Au, respectively. The workings on the orpaillage are extensive and extend to depths
of 60 to 80 meters below surface.
Manzour-Dayere is situated in southwestern Burkina Faso, near the border with Ghana. This area is
home to several producing mines, including Yaramoko (Roxgold), Hounde (Endeavour), Poura
(Newmont), Bondi (Sarama) and Gaoua (B2Gold).
“We are pleased to add Manzour to our portfolio of exploration projects. It’s a large concession in an
area of intense artisanal activity, and in a proven belt that is home to some of the country’s most prolific
mines,” said president & CEO, Alex Klenman. “The limited sample results we have reviewed to date
have shown the presence of some compelling high-grade values. We like the potential this suggests
and intend to pursue a development plan we can execute in the near term. With drilling at Dakouli 2
planned, development of Bouboulou, and now the addition of Manzour, we have a busy year ahead in
Burkina,” continued Mr. Klenman.
Figure 1: Burkina Faso country map with producing mines and Nexus Gold projects
Figure 2: Manzour-Dayere boundary with location of historical samples
The Company’s in-country geological team is presently compiling all available historical data, as well as
conducting ongoing sampling and reconnaissance that will assist in identifying priority exploration
targets for follow up work. With the addition of Manzour-Dayere, Nexus now controls over 750-sq kms
of prospective ground in Burkina Faso.
* Please note that while the Company considers sampling results from the Manzour-Dayere concession
to be accurate, readers are cautioned that a Qualified Person has been unable to verify the laboratory
involved in the analysis of these samples, and no documentation was available regarding quality control
procedures utilized in the analysis.
Warren Robb P.Geo., Vice President, Exploration, is the designated Qualified Person as defined by National
Instrument 43-101 and is responsible for the technical information contained in this release.
About the Company
Nexus Gold is a Canadian-based gold development company with an extensive portfolio of ten
exploration projects in West Africa and Canada. The Company’s West African-based portfolio totals five
projects encompassing over 750-sq kms (75,000+ hectares) of land located on active gold belts and
proven mineralized trends, while it’s 100%-owned Canadian projects include the McKenzie Gold Project
in Red Lake, Ontario, the New Pilot Project, located in British Columbia's historic Bridge River Mining
Camp, and three prospective gold-copper projects (3,300-ha) in the Province of Newfoundland. The
Company is focusing on the development of several core assets while seeking joint-venture, earn-in,
and strategic partnerships for other projects in its growing portfolio.
For more information please visit www.nexusgoldcorp.com.
On behalf of the Board of Directors of
NEXUS GOLD CORP.
Alex Klenman
President & CEO
604-558-1920
www.nexusgoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release
may contain forward-looking statements. These statements are based on current expectations and assumptions
that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in
the management discussion and analysis section of our interim and most recent annual financial statement or
other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do
not assume any obligation to update any forward-looking statements, except as required by applicable laws.