Nexus Gold samples 5.5 g/t Au at Bouboulou
NEXUS GOLD UPDATES EXPLORATION PROGRAM AT BOUBOULOU GOLD CONCESSION, BURKINA FASO
Nexus Gold Corp. has provided an update on early exploration activities at the Bouboulou gold concession in Burkina Faso, West Africa.
Nexus Gold senior geologist Warren Robb, PGeo, has begun the fall exploration program at Bouboulou. Mr. Robb was chief geologist for Roxgold in 2012 where he oversaw drilling at the property (then called Bissa West). As part of its preparation for the upcoming drill program the company is reviewing recently acquired legacy data and conducting geological mapping, drill hole mapping and selection.
Sampling results
The company has received results from Actlabs, Burkina Faso, on eight grab samples taken from artisanal workings of the four known gold zones on the property. Six of the eight samples returned gold values, including 2.8 grams per tonne Au and 5.5 g/t Au, respectively, at Bouboulou 2 (one of the four known zones). The company plans additional sampling in and around the historical drill holes and the newly observed artisanal zone reported in its Sept. 8, 2016, news release.
New zone at Bouboulou
As reported in the Sept. 8, 2016, Nexus Gold news release, a new area of interest has been observed on the property due to an increase in artisanal mining activity. Upon the initial property visit the company geologist noted a large orpaillage (area worked by artisanal miners). The zone being exploited by the orpailleurs is shear hosted in meta-volcanics and meta-sediments with crosscutting quartz veins and stringers. The orepaillage extends for about 250 metres along strike with the Bouda orpaillage which is adjacent to the property and located along the Sabce shear zone. This same shear zone also hosts Norgold’s Bissa Hills mine.
Historical results
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.
Bouboulou was held by Boliden in 1997 as part of a much larger permit. Boliden completed regional rapid air blast (RAB) drilling over the entire permit, comprising 25,400 metres, initially at 500 m centres. Included in this total was infill drilling concentrated over what is now the company’s permit, which defined a northeast-trending gold anomaly measuring 13 kilometres by two to six km wide. The mineralization was described as disseminated sulphides in tuffs and dacites.
Riverstone completed several programs of regional and detailed geological mapping and sampling prior to the Roxgold option. 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 include those in the attached table.
Hole Depth (m) From To (metres) (g/t Au) Zone
BBL-11-
RC-003 103 24 34 10 1.10 Pelgtanga
includes 30 32 2 3.66
BBL-11-
RC-005 103 60 64 4 1.97 Bouboulou 2
BBL-11-
RC-006 115 70 110 40 1.548 Bouboulou 2
includes 70 90 20 2.255
and 100 110 10 1.422
BBL-11-
RC-012 120 100 108 8 1.21 Rawema
BBL-11-
RC-013 109 74 109 35 2.209 Rawema
includes 74 86 12 5.455
BBL-11-
RC-020 103 40 50 10 2.844 Koala
includes 42 44 2 12.450
BBL-11-
RC-021 130 6 8 2 3.94 Koala
BBL-11-
RC-022 133 44 48 4 1.63 Koala
BBL-11-
RC-024 193 38 44 6 1.95 Pelgtanga
BBL-11-
RC-027 120 90 114 24 1.36 Bouboulou 2
BBL-11-
RC-042 114 52 54 2 3.80 Pelgtanga
* The data are drill intercept lengths and are not true widths.
Significant diamond drilling results include those in the attached table.
Hole Depth (m) From To (metres) (g/t Au) Zone
BBL-11-DD-002 127 42 44 2 5.43 Rawema
BBL-11-DD-003 142 56 58 2 5.33 Bouboulou 2
78 82 4 12.53
BBL-11-DD-005 179 74 80 6 4.62 Rawema
includes 77.7 78 0.3 81.32
BBL-11-DD-008 198 125 127 2 2.55 Koala
* The data are drill intercept lengths and 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. 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.
Warren Robb, PGeo, 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.
http://www.nexusgoldcorp.com/index.php/news-releases/2016-news
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