Nexus Gold – About Us
Nexus Gold Corp. is a Vancouver-based mineral exploration company that develops precious metal mineral assets in the world’s premier mining and exploration districts.
Nexus Gold Corp. is a mineral resource based company that develops precious metal mineral assets in the world’s premier mining districts. The Company is currently concentrating its efforts on its Bouboulou Gold Concession, an advanced exploration project located in Burkina Faso, West Africa, and the Walker Ridge Gold Project, a drill-ready, multiple-target, Carlin-type gold project located in the Independence/Jerritt Canyon Gold Trend, Nevada, USA.
In the fall of 2015 Nexus Gold received initial assay results from the first drill hole at Walker Ridge. Drill hole intersections of mineralization were encountered over a 355-foot section (2,453 – 2,808 ft) in the lower plate host rocks. Intersections of 1.57 g/t over 15 ft (including 3.22 g/t over 5 ft), of gold (Au), and 10.6 g/t over 205 ft (including 18.25 g/t over 20 ft) of elevated silver (Au) were drilled. See the news release here.
Innovative Exploration Technique
In November of 2014, Nexus Gold received the results of a geophysical survey performed by Vital GeoSURVEY™ Ltd. The survey was conducted at the Company’s Walker Ridge Gold Project in October and November of 2014.
The survey conducted on the property identified 38 points of interest occurring in eight clusters over approximately a two square mile area (518 hectares) within the Company’s claim block. Seven of the clusters (in yellow below) are coincidental to anomalous mercury and antimony geochemical results as well as CSAMT and gravity geophysical anomalies previously identified on the property. The largest of the clusters is a new sizable target area situated along the eastern flank of the geochemical and geophysical anomalies mentioned above.
Vital’s approach is unique and is not a variation of other forms of geophysical detection technology. The technology permits the in situ detection and identification of the chemical constituents within host rock matrixes. This is accomplished by using values derived from known atomic and molecular components of a targeted material. In the case of Walker Ridge, the targeted material was gold (Au). The technology applies an energy injection to the targeted material. If the targeted material is present, a signature response is induced in the targeted material that is specific to this method and permits its detection from the surface. Its detection at surface is then catalogued as a “point of interest”.
The Company cautions investors that Vital’s technology is new in its use in mineral exploration and is not proven in effectiveness as an exploration tool.
For more information please email us at email@example.com
* Veris Gold NI 43-101 Technical Report, December 2011 (7.84Moz historic production, 1.06Moz Reserves, 2.319Moz Measured & Indicated, 748,400 Inferred)
** Victoria Gold NI 43-101 Technical Report, March 2006 (1.2Moz)*** Activation Laboratories, Ancaster, Ontario, July 2012
^Walker Ridge 43-101 Technical Report, July 2014