Nexus GOLD to Begin Exploration Work at Mckenzie GOLD Project, Red Lake, Ontario
NEXUS GOLD CORP.
Suite 720, 700 West Pender Street
Vancouver, BC V6C 1G8
Telephone: 604.558.1920
NEWS RELEASE
NEXUS GOLD TO BEGIN EXPLORATION WORK AT MCKENZIE GOLD PROJECT,
RED LAKE, ONTARIO
• 2017 high-grade grab samples include 331 g/t Au, and 313 g/t Au
• 600-meter strike length established through prior drilling in 2005
• 1,348.5-hecatre property located in the prolific Red Lake Gold Camp
Vancouver, Canada – May 13, 2019 - Nexus Gold Corp. (“ Nexus” or the “ Company”) (TSX-V: NXS ,
OTCQB: NXXGF, FSE: N6E ) is pleased to report that it has finalized its upcoming exploration plans for
its 100%-owned McKenzie Gold Project, situated in Red Lake, Ontario.
Over the past two months the Company has been reviewing historic explo ration activities on and
around its 1,348.5-hectare McKenzie Gold property. The project is located in the heart of the world-
famous Red Lake gold camp . The h ighly prospective geological setting is analogous to several past
producers. McKenzie hosts nine documented historical gold occurrences with limited exploration and
is preferentially situated adjacent to Newmont Goldcorp on its east and northern boundaries, and Pure
Gold Mining’s Madsen project on the southern boundary.
The Company intends to co nduct a detailed prospecting program , supplemented with ground
geochemical and geophysical surveys , over the property to identify geologic trends and structures
suitable for drill testing. Phase one field work (including detailed mapping and sampling ), under the
direct supervision of Nexus Gold senior geologist and Vice President of Exploration, Warren Robb, is
scheduled to begin in the coming weeks and will extend throughout the summer months.
“We’re happy to begin developing our Canadian assets,” said president & CEO, Alex Klenman. “Both
McKenzie, and our New Pilot property in BC, represent prospective high-grade projects, and we intend
to allocate appropriate resources to expedite their development over the next several months ,”
continued Mr. Klenman.
Historical work on the property has resulted in several significant prospecting discoveries, with high -
grade samples returning up to 313 grams -per-tonne ("g/t") gold ("Au"). A new showing on the
southwest corner of McKenzie Island, located in the northern portion of the project area, was also
discovered and returned multiple high-grade samples ranging from 9.37 g/t Au to 331 g/t Au. This new
discovery lies approximately 100 meters west of a historical showing where gold values of up to 212.8
g/t Au have been reported in provincial government files.
In 2005, Cypress Development Corp conducted a small drill program near the southern boundary that
intersected a strongly silicified, sericite-altered, east-west-trending mineralized zone up to 600 meters
long and open along strike and to depth. Quartz veining accompanied by sphal erite, arsenopyrite,
chalcopyrite and free gold returned gold values in drill core of up to and 2.2 g.t Au over 6 meters.
Quartz veining and sulphide mineralization are also reported in multiple locations on McKenzie Island,
within the northern portion of the property boundary . Sampling conducted in 2017 returned up to
18.02 g/t Au in grab samples from the vein exposure.
Figure 1: Area map showing McKenzie Gold Project and surrounding companies/projects
Figure 2: Detailed area map showing McKenzie Gold Project and surrounding companies/projects
About the Company
Nexus Gold is a Vancouver -based gold exploration and development company with active projects in
West Africa and Canada. The Company is concentrating its efforts on establishing a compliant resource
at one or more of it’s four current West African-based projects which total over 560-sq kms (56,000+
hectares) of land located on active gold belts and proven mineralized trends, while also conducting
development phases on its two 100%-owned Canadian projects, McKenzie Gold Project in Red Lake,
Ontario, and the New Pilot Project, located in BC’s historic Bridge River Mining Camp. For more
information please visit www.nexusgoldcorp.com.
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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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
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assume any obligation to update any forward-looking statements, except as required by applicable laws.