Nexus GOLD Recovers Additional High-Grade Samples at Dakouli 2 Project, Burkina Faso, WEST Africa
NEXUS GOLD CORP.
Suite 720, 700 West Pender Street
Vancouver, BC V6C 1G8
Telephone: 604.558.1920
NEWS RELEASE
NEXUS GOLD RECOVERS ADDITIONAL HIGH-GRADE SAMPLES AT DAKOULI 2
PROJECT, BURKINA FASO, WEST AFRICA
Visible gold now recovered from multiple zones
New sample highlights include 17.6 g/t Au, and 11.1 g/t Au
Five of 25 samples taken to date returned values in excess of 11 g/t Au
Strike length of new zone extends 400 meters
Vancouver, Canada – January 15, 2019 - Nexus Gold Corp. (“ Nexus” or the “Company”) (TSX-V: NXS,
OTCQB: NXXGF, FSE: N6E) is pleased to report additional sample results from the recently acquired,
100% -owned, 98-sq km Dakouli 2 Gold Project, located on the Goren Greenstone Belt, central Burkina
Faso, West Africa.
A total of 13 samples were taken in the second round of prospecting on the Dakouli 2 property, with
five returning values between 1.74 grams-per-tonne (“g/t”) gold (“Au”), and 17.6 g/t Au, and eight
returning values from 0.052 to 0.864 g/t Au. Samples were collected from orpaillage dumps and from
depths of 15 to 40 meters below surface within active artisanal pits and shafts.
Of the first 25 samples now collected on the property, 11 have returned values greater than 1 g/t Au.
Five samples so far have exhibited various concentrations of coarse, nuggety, visible gold, returning
assay values greater than 11 g/t Au. All 25 samples taken to date at Dakouli 2 have tested positive,
with several returning significant gold values (see Table 1).
Ground reconnaissance recently completed by the Company has identified two new mineralized zones
and a secondary vein structure just south of the primary Northeast Zone described in the Company’s
January 8, 2019, news release.
The secondary vein structure identified is located 70 meters south of the primary Northeast Zone. The
new workings are parallel to the primary orpaillage being worked and three samples taken 17 to 40
meters below depth returned gold values of 1.74 g/t Au, 3.68 Au and 17.6 g/t Au, respectively. The
17.6 g/t sample exhibited coarse visible gold. The workings of the Northeast Zone on the Dakouli 2
property now cover an area measuring 400 meters along strike enclosing two parallel gold bearing
structures 150 meters wide.
An additional new zone, located on the western boundary of the Dakouli 2 permit, has returned two
samples from workings located there of 2.72 g/t Au and 11.1 g/t Au. This second orpaillage, termed
the Boken Vein Zone, consists of gold in quartz veins located proximal to a granitic plug. The samples
were taken from workings at 25-meter depths.
“The secondary structure identified in the north east and the Boken Vein showings are revealing just
how robust the Sabce fault zone is,” said Vice President of Exploration, Warren Robb, P.Geo. “The
amount of coarse visible gold we have seen thus far makes this a very exciting exploration program,”
continued Mr. Robb.
“These are positive early indicators at Dakouli,” said Alex Klenman, president & CEO. “We have already
confirmed multiple mineralized zones on the property and are currently mapping out these zones to
determine their relationship to known structural faults and trends. It is a prolific area in terms of gold
mineralization and we are encouraged by both the abundance of visible gold at Dakouli and the sample
grades so far. We have lots of similar ground to cover, I’m looking forward to a deeper and more
extensive exploration program, including a maiden drill program, in the coming months,” continued
Mr. Klenman.
Dakouli Samples to date
Sample-ID Easting Northing Comment Au g/t
DKL-001 636687 1445630
Qtz from orpaillage pit, about 8m depth, light
grey to smoky qtz, looks like flat vein 3.15
DKL-004 636763 1445627
Milky qtz vein from orpaillage pit, about 8m
depth, several pieces of VG show from panning 27.5
DKL-009 636828 1445661 Milky qtz vein from orpaillage pit, 18m depth 2.90
DKL-010 636767 1445652 Light grey qtz vein from orpaillage pit 4.93
DKL-011 636738 1445670
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 636677 1445642
Qtz from orpaillage pit, about 8m depth, VG
show in panning 12.4
DKL-021 625232 1441439
Qtz from orpaillage pit, 15m depth, white to
light grey 2.72
DKL-022 625269 1441469 Qtz from orpaillage pit, 25m depth 11.1
DKL-023 636901 1445515 Qtz + VG from orpaillage pit, 40m depth 17.6
DKL-024 636903 1445514 Qtz from orpaillage pit, 40m depth 1.74
DKL-025 636967 1445530 Qtz from orpaillage pit, 17m depth 3.68
Figure 1: Rock sample with visible gold in quartz, recovered at the Dakouli 2 concession
Prospecting along the southern boundary of the property has now identified a third area of active
artisanal workings. Shafts and workings in this area have targeted a black quartz vein which has
returned anomalous gold values ranging from 0.312 to 0.864 g/t Au. This southern series of showings
is termed the Black Vein Zone and is located along the southern Sabce Sud lineament. This lineament
is defined by the Gougre satellite open pit currently being exploited by Nordgold, a major orpaillage
occurring on the adjacent eastern permit, and the orpaillage at the Black Vein Zone.
Figure 2: Close up of visible gold in quartz sample recovered at the Dakouli 2 concession
The Dakouli 2 exploration permit is located approximately 100 kilometers due north of the capital city
Ouagadougou. The 98-square kilometer permit lies immediately south of the Company’s Niangouela
property (see figures 3 and 4) which has been explored over the past two years. Drilling at Niangouela
has returned significant intercepts, including 26.69 g/t Au over 4.85m (including 1m of 132 g/t Au), and
4 g/t Au over 6m (including 20.5 g/t Au over 1m).
The Dakouli 2 property is located on the Goren Greenstone belt and is bordered to the north by granitic
rocks. It is also bisected by the Sabce Shear, a major structural fault zone proximal to multiple gold
deposits, which trends southwest northeast and bisects the entire long axis of the property.
Figure 3: Nexus project locations with known structural faults in red
The Sabce Nord (see Figure 4) trend starts at Nordgold’s Bissa mine continues through the Northeast
Zone on the Dakouli 2 permit, and the southeastern corner of the Niangouela permit. It proceeds to
Boken Vein Zone on the western boundary of Dakouli 2 and is approximately 12 kilometers in length.
The Sabce Sud (see Figure 4) hosts Nordgold’s Gougre satellite pit, east of Dakouli 2, and runs
approximately four kilometers across the property’s southern section, bisecting the Black Vein Zone.
The Black Vein Zone, an active orpaillage featuring a series of deep shafts that trend sub parallel to the
Sabce Sud, features hard, black siliceous rock, similar to what is being mind at the Gourgre satellite pit.
Figure 4: Dakouli 2 mineralized zones and bisecting Sabce faults/lineaments in red
About the Company
Nexus Gold is a Vancouver-based gold exploration and development company operating primarily in
Burkina Faso, West Africa. The company is currently concentrating its efforts on establishing a
compliant resource at one or more of it’s four current Burkina-based projects which total over 560-sq
kms (56,000+ hectares) of land located on proven gold belts and active mineralized trends.
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.
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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