Nexus GOLD Recovers 98.9 G/T Au from Selected Grab Sample at the Dakouli 2 GOLD Concession, Burkina Faso, WEST Africa
NEXUS GOLD CORP.
Suite 802, 750 West Pender Street
Vancouver, BC V6C 2T8
604-558-1919
NEWS RELEASE
NEXUS GOLD RECOVERS 98.9 g/t Au FROM SELECTED GRAB SAMPLE AT THE
DAKOULI 2 GOLD CONCESSION, BURKINA FASO, WEST AFRICA
New assays include 98.9 g/t Au, and 49.7 g/t Au from selected grab samples
Additional grab samples of 10.9, 12.8, 11.1 g/t Au also recovered
11 of 40 grab samples taken to date have assayed in excess of 10 g/t Au
Vancouver, Canada – September 10, 2020 - Nexus Gold Corp. (“ Nexus” or the “ Company”) (TSX-V:
NXS, OTCQB: NXXGF, FSE: N6E) is pleased to announce assay results from its recent reconnaissance and
sampling program conducted at the Company’s 100%-owned, Dakouli 2 Gold Concession, located in
Burkina Faso, West Africa.
The summer reconnaissance program was designed to both measure the current scope of artisanal
activity and to prioritize target locations for the Company’s maiden drill program, scheduled for later
this fall. During the program Company geologists collected 10 rock samples from areas being
exploited by artisanal miners (“orpailleurs”). A highlight result of 98.9 grams-per-tonne (“g/t”) gold
(“Au”) was returned from sample DK-0036. This sample was a select grab sample of material being
mined by the orpailleurs from a depth of 40 meters below surface. A nearby sample of material
which had undergone preliminary gold extraction by panning and a waiting a second round of
panning returned results of 49.7 g/t Au. Select samples from proximal orpailleurs shafts from varying
depths also returned elevated gold values of 12.8 g/t Au, 11.1 g/t Au, and 10.9 g/t Au, respectively.
“These additional samples continue to build a compelling case to drill Dakouli,” said president & CEO,
Alex Klenman. “The volume of significant sample grades continues to grow. The main orpaillage is now
well over 400 meters in an east-west strike, by 200 meters north-south, and the locals are down as
much as 80 meters in the shafts. That’s a significant mineralized footprint. Obviously, there’s gold at
Dakouli. We’re eager to begin drilling to define just what the scope of the mineralization is in the main
area, and to further define additional areas of interest on the project ground,” continued Mr. Klenman
Results from the Summer 2020 Reconnaissance Program are tabled below.
Table 1: Summer 2020 Sample Results, Dakouli 2 Gold Concession, Burkina Faso, West Africa (Utm
coordinates are in Adindad 30 Projection)
*Grab samples are selective by nature and may not represent the true grade or style of mineralization across
the property
The samples described above once collected were placed in labeled 3 mil poly plastic bags and sealed
with a zap strap. The samples remained with Company personnel at all times until they were
delivered to Activation Laboratories (“Actlabs”) Ouagadougou, an independent laboratory with ISO
9001: 2015 accreditation. At Actlabs, the samples underwent analysis by fire assay with an atomic
absorption finish. If samples returned values greater than 5 ppm gold the sample was reanalyzed by
gravimetric fire assay. For these prospecting samples, the company relied on QA/QC protocols
employed by Actlabs.
Sample ID Utm E Utm N Sample Type Description Au g/t
DKL-0030 636935 1445661 Garb Select Quartz vein from collapsed
orpaillage pit 0.53
DKL-0031 636942 1445649 Grab Select Quartz vein from orpaillage pit,
from 30m depth 10.9
DKL-0032 636937 1445638 Grab Select Quartz vein from orpaillage pit,
from 50m depth 12.8
DKL-0033 636937 1445638
Grab Select Crushed material from orpailleurs,
very fine gold, extracted for a first
round, about 50m depth
2.3
DKL-0034 636930 1445636
Grab Select Quartz vein from orpaillage pit,
from 30m depth 0.036
DKL-0035 637008 1445658 Grab Select Quartz vein from orpaillage pit,
from 70m depth 0.646
DKL-0036 637034 1445648 Grab Select Quartz vein from orpaillage pit,
from 40m depth 98.9
DKL-0037 637033 1445704 Grab Select Quartz vein from orpaillage pit,
from 40m depth 1.86
DKL-0038 637033 1445704
Grab Select Crushed material from orpailleurs,
very fine gold, extracted for a first
round, material from 50m depth
49.7
DKL-0039 637025 1445710 Grab Select Quartz vein from orpaillage pit,
from 50m depth 11.1
DKL-0040 637025 1445710
Grab Select Quartz vein + volcano sediment
rock from orpaillage pit, 50m depth 7.48
As announced in a Company news release dated June 23, 2020, during recent site visits Nexus
personnel noted an increase in artisanal mining activity along strike at the main mineralized zone. The
increased strike activity now extends the limits of the eastern zone some 200 meters to the east, thus
expanding the zone of mineralization to over 400 meters along an east-west trend while also measuring
over 200 meters in a north-south direction.
The Company’s prior sampling programs at Dakouli 2 have produced several significant results, tabled
below, as reported in Company news releases dated January 8 and January 15, 2019, and June 23, 2020:
Dakouli 2 samples greater than 1 g/t Au as of June 2020
Sample-ID Comment Au g/t
DKL-001
Qtz from orpaillage pit, about 8m depth, light grey to
smoky qtz, looks like flat vein 3.15
DKL-004
Milky qtz vein from orpaillage pit, about 8m depth, several
pieces of VG show from panning 27.5
DKL-009 Milky qtz vein from orpaillage pit, 18m depth 2.90
DKL-010 Light grey qtz vein from orpaillage pit 4.93
DKL-011
Qtz from orpaillage pit, VG show in panning and on a
piece of quartz coming from the same shaft, about 10m
depth 29.5
DKL-012
Qtz from orpaillage pit, about 8m depth, VG show in
panning 12.4
DKL-021 Qtz from orpaillage pit, 15m depth, white to light grey 2.72
DKL-022 Qtz from orpaillage pit, 25m depth 11.1
DKL-023 Qtz + VG from orpaillage pit, 40m depth 17.6
DKL-024 Qtz from orpaillage pit, 40m depth 1.74
DKL-025 Qtz from orpaillage pit, 17m depth 3.68
DKL-027 Crushed material, very fine gold, 40m depth 10.8
Table 2: Highlights of earlier Nexus sample assays, Dakouli 2 Gold Concession
*Grab samples are selective by nature and may not represent the true grade or style of mineralization across
the property
As the Company prepares for the upcoming drill program it will continually monitor artisanal
activities along this expanding mineralized trend.
About the Dakouli 2 Gold Concession
The Dakouli 2 exploration permit is a 98-sq km (9,800 hectares) gold exploration property located
approximately 100 kilometers due north of the capital city Ouagadougou.
In late 2018 Company geologists conducted a comprehensive ground reconnaissance program to the
west and south of the main orpaillage (artisanal zone) and identified new near surface workings being
exploited by artisanal miners. Rock samples collected from these new zones contained various
concentrations of visible gold, including coarse nuggety samples.
Of the first 25 samples collected in late 2018, 11 returned assay values greater than 1 g/t Au, with
multiple samples showing various concentrations of visible gold, with values between 11.1 g/t Au and
29.5 g/t Au (see Figure 1, and Company news release dated January 8, 2019).
Follow up work outlined an anomalous zone extending some 500 meters west from the sample zones.
Based on those results the Company initiated a 150-line kilometer soil geochemical survey covering the
northern half of the Dakouli 2 property and southern portions of the contiguous Niangouela property.
This survey identified three prominent gold geochemical trends. The primary gold trend parallels the
Sabce fault zone extends for approximately 10 kilometers, in a northeast-southwest direction and
bisects the property from the north east corner of the property to its western boundary. The Sabce
fault hosts multiple deposits including Nordgold’s 3.4M oz Bissa Mine, located approximately 25km
east of the Dakouli ground.
Two secondary gold trends which extend for approximately 6.5 kilometers each are oriented in a
northwest to southeast direction and bisect the primary trend. All three gold geochemical trends are
coincidental to geophysical trends identified from the national regional airborne geophysics. The
geochemical surveys and sampling work done to date have generated multiple targets the Company
intends to begin testing in this initial drill program.
The Dakouli 2 permit lies immediately south of, and contiguous to, the Company’s Niangouela Gold
Concession, which has been explored over the past three years. Drilling at Niangouela has returned
significant intercepts, including 26.69 g/t Au over 4.85m, including 132 g/t Au over 1m, and 4 g/t Au
over 6m, including 20.5 g/t Au over 1m (see Company news releases dated March 7, 2017 and April 5,
2017).
Figure 1: Nexus Gold projects in Burkina Faso, in relation to well known deposits and producing mines
Figure 2: Dakouli 2 concession with bisecting Sabce faults in red
Warren Robb P.Geo., Vice President, Exploration, is the designated Qualified Person as defined by
National Instrument 43-101 and is responsible for, and has approved, the technical information
contained in this release.
About the Company
Nexus Gold is a Canadian-based gold exploration and development company with an extensive
portfolio of eleven projects in Canada and West Africa. The Company’s West African-based portfolio
totals five projects encompassing over 750-sq kms 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 four prospective gold and gold-copper projects (3,700-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 nexus.gold
On behalf of the Board of Directors of
NEXUS GOLD CORP.
Alex Klenman
President & CEO
604-558-1920
www.nexusgoldcorp.com
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