A 250-sq km Rakounga Gold Property is Located Adjacent to the Company’s Bouboulou Property
Nexus Gold Corp. (NXS.V) reported that drilling has commenced at its 250-sq km Rakounga gold concession, located adjacent to the Company’s Bouboulou gold concession, in Burkina Faso, West Africa.
The phase one reverse circulation drill program at Rakounga will include 3000 metres targeting mineralization occurring at the Koaltenga, Gounga and Porphyry orpaillages that have now been identified and sampled at the property.
Initially, the Koaltenga and Gounga orpaillages displayed shear hosted gold mineralization. This drill program will test this style of mineralization to depth by drilling under the exposed surface workings and then along strike as the work progresses. The Porphyry orpaillage displays more of a quartz vein-style mineralization. The goal of the drilling at Porphyry will be to gain as many intersections in the vein and attempt to determine grade and orientation (strike and dip).
To date, four rock samples were collected from the Porphyry orpaillage returning elevated gold values of 19.95 gram per tonne (“g/t”) gold (“Au”), 2.57 g/t Au, and 1.175 g/t Au, respectively.
A total of eight samples were collected from workings from the Gounga orpaillage, located approximately 1000 metres south of the Porphyry orpaillage. Samples GGA-05 and GGA-07 returned gold values of 14.90 g/t Au, and 5.30 g/t Au, respectively.
Initial rock samples from dumps of the artisanal workings at the Koaltenga orpaillage returned values of 17.30 g/t Au, 2.33 g/t Au, and 1.45 g/t Au, respectively.
About the Company
Nexus Gold Corp. is a Vancouver-based gold exploration and development company operating in some of the world’s premier mining districts. The Company is currently concentrating its efforts on three gold projects located in Burkina Faso, West Africa. The 38-sq km Bouboulou gold concession consists of five known mineralized zones contained within three distinct 5Km gold trends. The 250-sq km Rakounga gold concession has numerous active orpaillages, and sits adjacent to the Bouboulou concession. The Niangouela gold concession is a 178-sq km project featuring high-grade gold occurring in and around a primary quartz vein 1km in length and associated shear zone.
Find out more about Nexus Gold Corp.