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 TO DRILL AT NIANGOUELA GOLD CONCESSION, BURKINA FASO, WEST AFRICA

 

Nexus Gold Corp. (NXS.V) has contracted Forage FTE Drilling to begin a RAB (rotary air blast) drill program at its recently optioned Niangouela gold concession in Burkina Faso, West Africa.

The 178-square-kilometre concession is located on the Boromo greenstone belt, same as the company's Bouboulou gold concession, and is proximal to the Kalsaka deposit and the Sabce shear, a major gold-bearing feature. It is road accessible and has one major orpaillage (artisanal workings). The RAB program will test ground in and around a recently observed quartz vein found on the property.

"The property's proximity to a major structural gold-bearing feature, the thickness of the vein, the fact that the vein orientation is oblique to the Sabce shear and hosted in intrusive rock, means it displays many similarities to the country's one notable gold-bearing quartz vein deposit," said senior geologist Warren Robb, PGeo. "On that basis, we're going to begin testing Niangouela immediately."

To date, 556 pits and 11 trenches have been excavated, and rock and soil samples have been taken. A total of 1,137 samples has been collected. Previous programs have identified a zone which runs east-northeast and west-southwest occurring in the south-central part of the concession. This zone has returned gold-in-soil samples up to 34 grams per tonne gold, rock samples have returned values up to 18 grams per tonne Au, and trenching has returned values of 4.85 grams per tonne Au over 10 metres. Recent rock samples taken by Nexus returned values from 1.12 grams per tonne Au to 2.49 grams per tonne Au.

 

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 4th 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 Cote d'Ivoire continue northward into Burkina Faso.Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining under explored in comparison to neighbouring Ghana and Mali; both of which host world class gold m ines in the same belts of Birimian rocks.

 

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