Nexus Gold samples up to 29.5 g/t Au at Dakouli
2019-01-08 09:56 ET – News Release
Mr. Warren Robb reports
NEXUS GOLD RECOVERS HIGH-GRADE SAMPLES AT NEW DAKOULI 2 PROJECT, BURKINA FASO, WEST AFRICA
Nexus Gold Corp. has released initial sampling results from the recently acquired, 100-per-cent-owned, 98-square-kilometre Dakouli 2 gold project, located on the Boromo-Goren greenstone belt, central Burkina Faso, West Africa.
Ground reconnaissance conducted recently by the Company to the West and South of the main orpaillage (artisanal zone) identified new near surface workings currently being exploited by artisanal miners. Rock samples collected from these new zones have returned assays up to 29.5 grams-per-tonne (“g/t”) gold (“Au”) with several containing various concentrations of visible gold, including coarse nuggety samples (see Figures 1 and 2).
A total of 12 samples were taken from the Northeast Zone. Six of the 12 returned significant grades, with values between 2.90 g/t Au and 29.5 g/t Au (see Table 1), including 27.5 g/t Au and 12.4 g/t Au from samples containing visible gold. The remaining six samples returned values from 0.005 to .192 g/t Au. Samples taken at the Northeast Zone were obtained between 8-18 meters below surface from artisanal shafts and pits.
In addition to the higher-grade rock samples, Company geologists have viewed the panned concentrates of these near surface materials being processed by the artisanal miners and noted that the gold being recovered was also coarse and nuggety in nature.
Figure 2: Close up of coarse gold nugget in quartz recovered at the Dakouli 2 concession, November 2018
“The size of the workings and the coarse nature of the gold we have seen from the property so far makes this a very exciting prospect,” said Vice President of Exploration, Warren Robb, P.Geo.” These orpaillages were first identified only a year ago and have now expanded to two areas of workings, given the coarse visible gold observed here it is not surprising,” continued Mr. Robb.
“The initial results from our early exploration activity at Dakouli are very encouraging,” said Alex Klenman, president & CEO. “We have already identified multiple zones of mineralization and have recovered some significant high-grade samples. The abundance of visible gold observed and recovered is certainly compelling. We will continue to conduct ground work in the near term and gather needed data as we move towards a maiden drill program in the coming months,” continued Mr. Klenman.
DAKOULI SAMPLES -- NOVEMBER, 2018
Sample-ID Comment g/t Au
DKL-001 Qtz from orpaillage pit, about 8m depth, light grey to smoky qtz, looks like flat vein 3.15
DKL-004 Milky qtz vein from orpaillage pit, about 8m depth, several pieces of VG show from panning 27.5
DKL-009 Milky qtz vein from orpaillage pit, 18m depth 2.90
DKL-010 Light grey qtz vein from orpaillage pit 4.93
DKL-011 Qtz from orpaillage pit, VG show in panning and on a piece of quartz coming
from the same shaft, about 10m depth29.5
DKL-012 Qtz from orpaillage pit, about 8m depth, VG show in panning 12.4
Table 1: Six of 12 Dakouli samples greater 1.00 g/t Au – November 2018
The Dakouli 2 exploration permit is located approximately 100 kilometers due north of the capital city, Ouagadougou. The permit lies immediately South of and contiguous to the Niangouela concession, which has been explored by the Company over the past two years. Drilling at Niangouela has returned significant intercepts, including 26.69 g/t Au over 4.85m, including 132 g/t Au over 1m, and 4 g/t Au over 6m, including 20.5 g/t Au over 1m (see the Company news releases dated March 7, 2017 and April 5, 2017).
The Dakouli 2 property is located on the Boromo-Goren Greenstone belt and is bordered to the North by granitic rocks. It is also bisected by the Sabce Shear (see Figure 3) a major structural fault zone proximal to multiple gold deposits, which trends southwest northeast and bisects the entire long axis of the property.Image: https://www.accesswire.com/users/newswire/images/532073/0580405c-0231-4da8-a203-fe003c92c4e7.jpeg
Figure 3: Nexus project locations with known faults in red
The Sabce Nord trend starts east of the open pits at Nordgold’s Bissa mine and continues through the new orpaillage located at the northeast corner of the Dakouli 2 permit, and the southeastern corner of the Niangouela permit (see Figure 4). It proceeds to the Boken Vein Orpaillage on the western boundary of Dakouli 2 extending approximately 12 kilometers across the Dakouli 2 property.
The Sabce Sud trend appears to span approximately four kilometers across the southern section of Dakouli 2, and includes the Black Vein Orpaillage, a series of deep shafts that trend sub parallel to the Sabce Sud trend. The Black Vein Orpaillage features abundant black quartz vein, similar to what is found at Nordgold’s satellite pit located approximately 20km to the east.Image: https://www.accesswire.com/users/newswire/images/532073/c0b2f505-35af-4901-8760-58664935f397.jpeg
Figure 4: Nexus project locations with bisecting Sabce faults in red
Please note the size of the Dakouli 2 concession was incorrectly stated in previous news releases, the correct size is 98-square kilometres.
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.
We seek Safe Harbor.
https://www.nexusgoldcorp.com/news/2019-news
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