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Nexus Gold Starts Drilling at the McKenzie Gold Project in Red Lake in Ontario

Mining News - Published on Thu, 25 Jun 2020

Image Source: Nexus Gold McKenzie Gold Project
Nexus Gold Corp has reported phase one drilling has commenced at the Company's 100% owned McKenzie Gold Project located in Red Lake in Ontario. The initial phase one program will consist of a minimum of 1000 meters of diamond drilling to test the mineralization potential of several gold targets occurring within an east-west trending corridor along the southern contact of the Dome Stock occurring within volcanic rocks of the Balmer Assemblage.

Historic drilling conducted in 2005 along this corridor returned significant values, including 7.49 grams-per-tonne gold over 8.2 meters, 15.54 g/t Au over 0.8m (includes 13.08 g/t over 0.3m and 17.02 over 0.5m), 4.47 g/t gold over 1.4m, and 2.15 g/t Au over 5.5m.

The initial drill program at McKenzie is designed to expand on 2005 drilling and to follow up on anomalous rock samples that were collected as part of the 2019 fall prospecting program completed in the St. Paul's Bay area of the property. The prospecting program traced the mineralized contact corridor to the property's eastern boundary to further determine areas of interest on the property's southern end. The focus of the prospecting was concentrated in and around Perch Lake, in the Saint Paul's Bay area, located in the southernmost section of the property.

Source :

Posted By : Yogender Pancholi on Thu, 25 Jun 2020
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