PublicWire | Emerging Market Stock News
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
  •  Home
  • Technology
  • Medical
  • Energy
  • Cannabis
  • Finance
  • Retail
  • General
  • Podcast
  • Videos
  • Services
No Result
View All Result
PublicWire
No Result
View All Result

Home » Energy » NEXUS GOLD COMMENCES DRILLING AT 2nd GOLD PROJECT BOUBOULOU COMMENCES DIAMOND DRILLING AT BOUBOULOU GOLD CONCESSION, BURKINA FASO, WEST AFRICA

NEXUS GOLD COMMENCES DRILLING AT 2nd GOLD PROJECT BOUBOULOU COMMENCES DIAMOND DRILLING AT BOUBOULOU GOLD CONCESSION, BURKINA FASO, WEST AFRICA

by Randy Whitney
April 26, 2019
in Energy
Reading Time: 9 mins read
0

Nexus Gold Corp. (NXS.V) reported that drilling has commenced at its 38-sq km Bouboulou gold concession located in Burkina Faso, West Africa.

The 2000 metre phase one diamond drill program at Bouboulou will target previously identified mineralized zones at the property, namely Bouboulou 2, Pelatanga, and Rawema.  In addition, the Company will test the Koala zone, where recent samples ran as high as 66 grams-per-tonne (“g/t”) gold (“Au”), and the newly identified Rawema West zone.

New Zone Identified – Rawema West

As reported in a June 6, 2017 news release, company geologists have now determined the presence of a new mineralized zone at Bouboulou through the observance of increased artisanal activity, and the result of rock sampling taken from the newly observed area.

The new zone, named “Rawema West”, occurs approximately 1000 metres west of the main workings at the previously identified Rawema site.  The Artisanal workings extend some 150 metres in length and appear by observation to extend to depths of greater than 20 metres.

Company geologists collected seven select rock samples of dump material from the Rawema West workings.  Of the seven samples collected there, four returned values greater than 1 g/t Au, including BBL-004 which returned 9.49 g/t Au.

The sampling results greater than 1 g/t Au, from both Rawema West and Koala, as reported June 6, 2017, are tabled below:

Sample ID Gold (g/t) Sample type Zone
BBL-004 9.69 Select Rawema West
BBL-005 2.62 Select Rawema West
BBL-006 4.41 Select Rawema West
BBL-007 4.84 Select Rawema West
BBL-012 66.1 Select Koala
BBL-013 29 Select Koala
BBL-014 2.20 Select Koala

The trend of the workings at Rawema West runs roughly parallel to the Pelatanga-Rawema (“PR”) trend that the company intends to test with its upcoming diamond drill program.

Bouboulou Historical Data

In 2011 Roxgold Inc completed reverse circulation (RC) and diamond drilling (DD) programs to test the four previously identified mineralized zones.  Historical reverse circulation (RC) drilling highlights from Bouboulou are tabled below:

Hole ID Azimuth Dip Depth (m) From To Length (m) g/t Au Zone
BBL-11-RC-003 320 -55 103 24 34 10 1.10 Pelatanga
Includes 30 32 2 3.66
BBL-11-RC-005 120 -50 103 60 64 4 1.86 Bouboulou 2
BBL-11-RC-006 120 -67 115 70 110 40 1.54 Bouboulou 2
Includes 70 90 20 2.25
And 100 110 10 1.42
BBL-11-RC-012 300 -50 120 100 108 8 1.21 Rawema
BBL-11-RC-013 300 -50 109 74 109 35 2.20 Rawema
Includes 74 86 12 5.45
BBL-11-RC-020 270 -55 103 40 50 10 2.84 Koala
Includes 42 44 2 12.45
BBL-11-RC-021 240 -55 130 6 8 2 3.94 Koala
BBL-11-RC-022 270 -60 133 44 48 4 1.63 Koala
BBL-11-RC-024 320 -55 193 38 44 6 1.95 Pelatanga
BBL-11-RC-027 120 -45 120 90 114 24 1.36 Bouboulou 2
BBL-11-RC-028 120 -60 162 130 132 2 2.53 Bouboulou 2
BBL-11-RC-031 120 -45 144 78 94 16 1.18 Bouboulou 2
BBL-11-RC-036 120 -50 120 8 10 2 1.42 Rawema
BBL-11-RC-038 130 -55 144 114 116 2 1.53 Koala
BBL-11-RC-039 120 -50 150 116 130 14 1.37 Koala
BBL-11-RC-041 130 -50 138 52 54 2 2.04 Koala
BBL-11-RC-042 320 -55 114 40 46 6 1.26 Pelatanga
Includes 52 54 2 3.80 Pelatanga

Historical diamond drilling (DD) highlights from Bouboulou are tabled below:

Hole ID Azimuth Dip Depth (m) From To Length (m) g/t Au Zone
BBL-11-DD-002 315 -45 127 42 44 2 5.43 Rawema
BBL-11-DD-003 135 -45 142 56 58 2 5.33 Bouboulou 2
78 82 4 12.53
96 98 2 1.59
BBL-11-DD-005 300 -50 179 74 80 6 4.62 Rawema
Includes 77.7 78 0.3 81.32
BBL-11-DD-006 120 -50 127 91.5 93 1.5 1.74 Bouboulou 2
BBL-11-DD-008 320 -45 198 125 127 2 2.55 Koala

* Note all assay results represent intercept lengths and are not true widths

Bouboulou Trends

The Company has subsequently identified three distinct 5000m (5km) long anomalous gold trends at the Bouboulou concession.  Each of the three trends display strong coincidental geochemical and geophysical gold anomalies, and extend from the four previously drill-identified mineralized zones, namely Rawema, Pelatanga, Bouboulou 2 and Koala.  They are identified by numerous orpaillages and geochemical samples of greater than 1 g/t Au.  All three of the Bouboulou trends display similar coincidental anomalies.  Each trend has substantial artisanal workings either directly on them, or along trend.

A map of the three trends can be seen here:

https://www.nexusgoldcorp.com/images/NexusGold_Boub1.jpg

For more information on these projects, please visit the Company website at  www.nexusgoldcorp.com

Tags: diamond drillNexus GoldNXS.V
Previous Post

publicwire.com ANNOUNCES EXCLUSIVE PODCAST INTERVIEW WITH TERAPHYSICS CO-FOUNDER AND PRESIDENT, DR. GERALD MEARINI BROADCASTED GLOBALLY ON PUBLICWIRE

Next Post

Kush Bottles Granted Patent for Feature on Top-Selling Child Resistant Packaging Product

Randy Whitney

Randy is a marketing specialist with experience creating content for sports and real estate in New York City. He has written for Major League Baseball and Cut4 as well as contributed creatively to the growth and development of startups around the country.

Related Posts

Energy

Finally Some Good News On Energy: Steve Forbes Praises Major Liz Truss Reform

September 15, 2022
0
Energy

How The Inflation Reduction Act Could Cause A Lithium Crunch

September 15, 2022
0
Energy

Texas Is Primed To Be Our Nation’s Direct Air Capture Hub

September 15, 2022
0
Energy

How Sanctions And Policies Ensure The Energy Crisis Will Only Worsen From Here

September 13, 2022
0
Energy

Research Shows That Renewable Jobs Can Replace Those From Coal

September 13, 2022
0
Energy

Dow Jumps 200 Points As Investors Brace For August Inflation Report And More Fed Rate Hikes

September 13, 2022
0
Next Post

Kush Bottles Granted Patent for Feature on Top-Selling Child Resistant Packaging Product

Please login to join discussion

Subscribe To Our Newsletter

Loading
Ad
PublicWire | Emerging Market Stock News 24/7 | Investor Relations US Stock Market

© Copyright 2022 publicwire.com

Navigate Site

  • About
  • Contact Us
  • Disclaimer
  • Watch LIVE
  • Privacy Policy
  • Terms and Services
  • Contributors

Follow Us

No Result
View All Result
  • LIVE Investor News Channel
  • Cannabis
  • Energy
  • Finance
  • General
  • Medical
  • Podcasts
  • Retail
  • Technology
  • Videos

© Copyright 2022 publicwire.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.