Nexus Gold outlines three new gold trends at Bouboulou
NEXUS GOLD IDENTIFIES THREE NEW DISTINCT ANOMALOUS GOLD TRENDS AT BOUBOULOU EXTENDING 5000 METERS EACH
Nexus Gold Corp. has completed its compilation of historic exploration data on the Bouboulou gold concession, Burkina Faso, West Africa.
The compilation infills gaps in the exploration data that the company had originally reviewed and displays three strong coincidental geochemical and geophysical anomalous gold trends. These new trends extend from the four drill-identified mineralized zones, namely Rawema, Peletanga, Bouboulou 2 and Koala.
Each of the three trends extends in length for 5,000 metres (five kilometres). They are identified by numerous orpaillages and geochemical samples of greater than one gram per tonne gold.
The data used in the compilation include airborne geophysics, rotary air blast drilling, geochemical sampling, reverse circulation drilling, diamond drilling and the location of orpaillages (zones of artisanal gold mining). The compiled data reviewed consist of over 7,000 assays collected between 2011 and 2012.
From north to south the three trends are termed the PR, KB and B2. The northernmost PR trend includes the Pelatanga and Rawema drill-identified mineralized zones and trends northeast. This trend extends off the property onto the adjacent Bouda property and the mining operations conducted there.
The second KB trend is roughly parallel to the PR trend and extends from the Koala drill-identified mineralized zone northeast below the Bouboulou 2 drill-identified mineralized zone.
The third B2 trend extends from an orpaillage located near the southern boundary of the property extending north and bisecting the KB trend and then extending through the Bouboulou 2 drill-identified mineralized zone culminating at the PR trend.
These data will be utilized in assisting the upcoming phase one drill program and determining suitable step-out drill locations for potential conformation drilling at a later date.
Bouboulou gold concession
The Bouboulou gold concession is a near-surface, advanced-stage gold exploration target located in a known gold belt, within a prolific and highly active area. The property has previously been drilled by Roxgold Inc., Riverstone Resources and Boliden. To date four zones of gold mineralization have been identified on the property.
Bouboulou was held by Boliden in 1997 as part of a much larger land package. Boliden completed regional rapid air blast (RAB) drilling on the property, comprising 25,400 metres. Included in this total was infill drilling which defined a northeast-trending gold anomaly measuring 13 km by two to six km wide. The mineralization was described as disseminated sulphides in tuffs and dacites.
Historical drill results
Riverstone Resources completed several programs of regional and detailed geological mapping and sampling prior to the Roxgold work programs. Rock sampling and trenching within the Boliden anomaly returned gold grades from 1.09 to 19.16 g/t. Riverstone also completed an IP geophysical survey over the area of the highest gold values, and Roxgold drill tested a number of these targets. The attached tables represent historical drill results as reported by Roxgold.
SIGNIFICANT REVERSE CIRCULATION DRILLING RESULTS
Depth From To Au
Hole (m) (m) (m) (g/t) Zone
BBL-11-RC-003 24 34 10 1.10 Pelgtanga
Includes 30 32 2 3.66
BBL-11-RC-005 60 64 4 1.97 Bouboulou 2
BBL-11-RC-006 70 110 40 1.548 Bouboulou 2
includes 70 90 20 2.255
and 100 110 10 1.422
BBL-11-RC-012 100 108 8 1.21 Rawema
BBL-11-RC-013 74 109 35 2.209 Rawema
includes 74 86 12 5.455
BBL-11-RC-020 40 50 10 2.844 Koala
includes 42 44 2 12.450
BBL-11-RC-021 6 8 2 3.94 Koala
BBL-11-RC-022 44 48 4 1.63 Koala
BBL-11-RC-024 38 44 6 1.95 Pelgtanga
BBL-11-RC-027 90 114 24 1.36 Bouboulou 2
BBL-11-RC-042 52 54 2 3.80 Pelgtanga
* The above reported data are drill intercept lengths are not true
widths.
SIGNIFICANT DIAMOND DRILLING RESULTS
Depth From To Au
Hole (m) (m) (m) (g/t) Zone
BBL-11-DD-002 42 44 2 5.43 Rawema
BBL-11-DD-003 56 58 2 5.33 Bouboulou 2
78 82 4 12.53
BBL-11-DD-005 74 80 6 4.62 Rawema
Includes 77.7 78 0.3 81.32
BBL-11-DD-008 125 127 2 2.55 Koala
* The above reported data are drill intercept lengths are not true
widths.
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 fourth-largest gold producer in Africa in 2012. Eight new mines have been commissioned there over the past six years, and the country has excellent geological potential. The greenstone belts that host all of the major deposits in Ghana and Ivory Coast continue northward into Burkina Faso. Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining underexplored in comparison with neighbouring Ghana and Mali; both of which host world-class gold mines in the same belts of Birimian rocks.
http://nexusgoldcorp.com/index.php/news-releases/2016-news
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