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Nexus Gold Announces Corporate Update

Mining News - Published on Thu, 22 Aug 2019

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Nexus Gold Corp announced a corporate update on recent and upcoming activities. It has been active on several fronts over the course of the past eight months. Since January, Nexus has increased its project portfolio by completing the acquisitions of the McKenzie Gold Project in Red Lake, Ontario, Canada, and the GB Copper-Gold Project, the Bauline Epithermal, and Black Ridge Gold Projects in Newfoundland, Canada. In West Africa, the Company has generated a significant amount of positive data at its wholly owned Dakouli 2 Gold Concession, with successful rounds of sampling and soil grid work that has moved the prospect to drill-ready status.

The Nexus Gold project portfolio now has a total of nine prospects, with four in Burkina Faso, West Africa, and five more across Canada. The Company plans to focus its efforts on three or four core projects, while pursuing joint venture and earn-in arrangements with others to help expedite greater portfolio development.

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Posted By : Sanju Moirangthem on Thu, 22 Aug 2019
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