Nexus GOLD Samples 403 G/T GOLD from Quartz Vein at Niangouela GOLD Concession, 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 SAMPLES 403 g/t GOLD FROM QUARTZ VEIN AT
NIANGOUELA GOLD CONCESSION, BURKINA FASO, WEST AFRICA
Vancouver, Canada – January 24,2017 - Nexus Gold Corp. (“Nexus” or the “Company”) (TSX- V: NXS, OTC:
NXXGF, FSE: N6E) is pleased to report that it has r eceived gold assays from five further samples taken from
its Niangouela gold project located in Burkina Faso, Africa.
The Company’s exploration team returned to the prop erty in early January 2017 to further investigate t he
main quartz vein on the Niangouela permit. During this visit the Company’s geologists recovered quart z
vein material from two separate shafts currently being exploited by artisanal miners (orpilleurs).
Sample NG007, which was taken from material extract ed from the eastern shaft and from a depth of
approximately 60 meters, returned values of 403 gra ms per tonne gold. The sample consisted of several
fragments of quartz vein material containing host rock inclusion, and containing steaks and blebs of coarse
visible gold.
Sample NG008 was taken from the western shaft, 10 t o 12 metres west of the eastern shaft. This sample
consisted of a single large piece of primary quartz vein containing host rock inclusions and also show ed a
cluster of visible gold. NG008 returned values of 49.8 grams per tonne gold.
The samples were analysed by Actlabs Ouagadougou an independent ISO 9001 certified laboratory.
Samples NG007 and NG008 underwent a metallic screen analysis whereby a representative 500 gram split
is sieved at 100 mesh (149 micron) with assays performed on the entire +100 mesh and two splits (A and B
in the table below) of the -100 mesh fraction. A fi nal assay is calculated based on the weight of each
fraction.
Sample Au + 100 mesh
g/mt
Au - 100 mesh (A)
g/mt
Au - 100 mesh (B)
g/mt
Total Au
g/t
NG007 718 376 371 403
NG008 85.6 46 48.5 49.8
Three additional samples were collected and underwe nt conventional fire assaying at Actlabs. Sample
NG009, a sample of sheared intrusive taken from the eastern shaft, returned 4.29 grams per tonne gold.
Sample NG010, a sample of dump material consisting of sheared volcanic sedimentary rock, returned 0.113
grams per tonne gold. Sample NG011, from the prima ry quartz vein taken from a surface dump, returned
14.3 grams per tonne gold.
“These samples from the vein and elsewhere continue to confirm the presence of high grade gold at
Niangouela,” said President and CEO, Peter Berdusco . “We are seeing an abundance of visible gold and
some significant assay values."
“The presence of visible gold is always encouraging and it will be really exciting to see what type an d
thickness of drill intercepts we uncover with a drill program” said Senior Geologist, Warren Robb.
The presence of coarse visible gold requires that the Company review the material it is analyzing in order to
understand the size and the distribution of gold pa rticles within the primary quartz vein. This infor mation
will assist the Company’s geological staff in selec ting the appropriate analysis technique to determin e
future grade and tonnage estimates.
The Company is currently planning a comprehensive diamond drill program to test the primary quartz vei n
at depth and along strike.
The Company also announces that it will grant 1,800 ,000 incentive stock options to directors, officers and
consultants of the Company.The options will be exercisable at a price of $0.16 for a period of five years.The
grant remains subject to the approval of the TSX Venture Exchange.
About the Niangouela Gold Concession
The 178 sq km Niangouela gold concession is located on the Boromogreenstone belt (as is the Company's
Bouboulougold concession), and is proximal to the Kalsaka deposit and the Sabce shear zone. It is accessible
by road and has one major orpaillage (artisanal workings).
In December 2016 the Company conducted an 802m rota ry air blast (RAB) drill program that delineated a
1,000-metre quartz vein and a 500-metre secondary s trike, running oblique to the main vein. This vein has
now been identified in trenches, artisanal workings and RAB drilling. It remains open in all directions. Two
samples were collected at this time. Sample NG005 was taken directly from the primary quartz vein at 46m
depth, accessed via an artisanal mining shaft. As r eported in the January 11, 2017 company news releas e,
this sample returned a value of 2,950 g/t gold. Sam ple NG006 was collected from the artisanal dumps of
the sheared intrusive and returned a value of 23.9 g/t gold.
Historical exploration at Niangouela consists of 55 6 pits and 11 trenches, with numerous rock and soil
samples. Previous programs have identified a zone w hich runs ENE and WSW in the south central part of
the concession. This zone has returned gold in soil samples of up to 34 g/t Au. Rock samples have retu rned
values of up to 18 g/t Au and trenching has returned values of 4.85 g/t Au over 10 meters. Historical assays
of 5.93, 4.83 and 4.12 g/t Au over sample lengths o f two metres have been returned from trenching over
the vein. A qualified person has not taken steps to verify this data.
About Burkina Faso
Burkina Faso is a landlocked nation, located in Wes t Africa. It covers an area of roughly 274,000 squa re
kilometres and has an estimated population of more than 16 million people. The country has a stable
political setting with a pro-mining and foreign inv estment stance. Burkina Faso is the fastest growing gold
producer in Africa, and was the 4th largest gold pr oducer in Africa in 2012. Eight new mines have been
commissioned there over the past six years. The country has excellent geological potential. The Greenstone
Belts that host all of the major deposits in Ghana and Cote d'Ivoire continue northward into Burkina
Faso.Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining under-
explored in comparison to neighbouring Ghana and Ma li; both of which host world-class gold mines in th e
same belts of Birimian rocks.
About the Company
Nexus Gold Corp. is a Vancouver-based gold explorat ion and development company operating in some of
the world’s premier mining districts. The Company i s currently concentrating its efforts on two gold
projects located in Burkina Faso, West Africa. The Bouboulou gold concession is a 38-sq km advanced
exploration target where previous drilling has conf irmed multiple zones of gold mineralization. The
Niangouela gold concession is a 178-sq km project f eaturing high grade gold occurring in and around a
primary quartz vein 1km in length. For more inform ation on these projects, please visit the Company
website at www.nexusgoldcorp.com.
Warren Robb P.Geo., Senior Geologist 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.
Peter Berdusco
President and Chief Executive Officer
604-558-1920
www.nexusgoldcorp.com
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release may contain forward-looking statements. The se statements are based on current expectations and
assumptions that are subject to risks and uncertain ties. Actual results could differ materially becaus e of
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