Nexus Identifies High Grade GOLD at Niangouela, Returns 2,950 G/T Au from Selected Sample IN Primary Quartz Vein
NEXUS GOLD CORP.
Suite 720 – 700 West Pender Street
Vancouver, BC V6C 1G8
Telephone: 604.558.1920
NEWS RELEASE
NEXUS IDENTIFIES HIGH GRADE GOLD AT NIANGOUELA, RETURNS 2,950 g/t Au
FROM SELECTED SAMPLE IN PRIMARY QUARTZ VEIN
Selected sample from sheared intrusive returns 23.9 g/t Au
Primary quartz vein strike length identified over 1000 metres
RAB Drilling identifies secondary mineralized trend over 500 metres in length
Vancouver, Canada – January 11, 2017 - Nexus Gold Corp. (“Nexus” or the “Company”) (TSX-V: NXS, OTC:
NXXGF, FSE: N6E) is pleased to announce it has received geochemical results from Actlabs Burkina Faso
SARL, an ISO 9001:2008 certified independent lab, from its initial exploration program at the Niangouela
Gold Concession located 60 kilometres north of Ouagadougou, Burkina Faso, West Africa.
The highlights of the program include sample NG005 taken from the primary quartz vein at 46 metres
below surface which returned a value of 2,950 g/t gold. In addition, sample NG006 was collected from the
artisanal dumps of the sheared intrusive which returned a value of 23.9 g/t gold. These results indicate the
presence of high-grade gold occurring within the primary quartz vein and the sheared intrusive envelope.
These samples were selected and may not be representative of the mineralization hosted on the
concession.
Results from the 802-metre RAB drilling program included an intersection from hole 19 proximal to the
primary quartz vein which returned 1.05 g/t gold over 12 metres. Conducted in a broad grid pattern and
designed to test the orientation and strike length of the primary quartz vein, the RAB program also set out
to identify any potential off shoots or splays which may be associated with this primary structure. To this
effect, the program successfully identified a secondary anomalous gold trend striking to the south west at
an oblique orientation to the main east-west striking quartz vein. This 500-metre feature was identified by
mineralized intersections occurring in holes 4, 13 and 15, which returned anomalous gold values over three
metres respectively. All holes in the program were drilled to a depth range of 18 to 46 metres testing the
saprolitic rock (soft rock) which sits at the top of the stratigraphy. Readers are cautioned that the above
reported widths are drill intersections and not true widths.
The overall RAB drilling results indicate the gold bearing nature of the primary quartz vein. This vein has
now been identified in trenches, artisanal workings and RAB drilling, extending over 1km (1000m) in length.
It remains open in all directions.
“We are extremely pleased with the first round of exploration work at Niangouela,” said President and CEO,
Peter Berdusco. “We were able to verify the presence of high-grade gold within the primary quartz vein and
the sheared intrusive. The RAB program accomplished the goal of establishing the initial size and scope of
the quartz vein. We were able to determine not only an extended strike length, but also identify a
secondary mineralized trend. This information creates a compelling road map for us that will guide the
next round of drilling, allowing us to begin to test some of the newly identified priority target zones."
“Given the initial width and strike length of the primary quartz vein, coupled with the very high-grade gold
results from both the vein and the sheared intrusive that hosts it, this presents a very exciting exploration
target,” said Senior Geologist, Warren Robb. “Our next step is to verify gold mineralization at depth and
along strike.”
The Company is currently planning a comprehensive diamond drill program to test the primary quartz vein
at depth and along strike.
The Company employs a QA/QC program of inserting standards, blanks and duplicates into the sample
stream as a supplement to the internal checks employed by Actlabs.
About the Niangouela Gold Concession
The 178-sq km Niangouela Gold Concession is located on the Boromo Greenstone Belt, same as the
Company's Bouboulou Gold Concession, and is proximal to the Kalsaka deposit and the Sabce shear zone. It
is road accessible and has one major orpaillage (artisanal workings).
Historical exploration at Niangouela consists of 556 pits and 11 trenches, with numerous rock and soil
samples. Previous programs have identified a zone which runs ENE and WSW occurring in the south central
part of the concession. This zone has returned gold in soil samples up to 34 g/t Au, rock samples have
returned values 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 g/t Au, 4.83 g/t Au, and 4.12 g/t Au over sample lengths of two metres respectively 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 West Africa. It covers an area of roughly 274,000 square
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 investment stance. Burkina Faso is the fastest growing gold
producer in Africa, and was the 4th largest gold producer 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 Mali; both of which host world class gold mines
in the same belts of Birimian rocks.
About the Company
Nexus Gold Corp. is a Vancouver-based gold exploration and development company operating in some of
the world’s premier mining districts. The Company is currently concentrating its efforts on two gold
projects located in Burkina Faso, West Africa. T he Bouboulou gold concession is a 38-sq km advanced
exploration target where previous drilling has confirmed multiple zones of gold mineralization, and the
Niangouela gold concession, a 178-sq km project featuring numerous historical gold occurrences. For more
information 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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