3 High-Potential Gold Properties in Burkina Faso
Alex Klenman, President & CEO of Nexus Gold Corp. touches on the company’s three gold properties in Burkina Faso, West Africa.
“Nexus Gold is a gold exploration and development company, we do primarily our work in Burkina Faso, West Africa. Nexus has three properties in Burkina, encompassing nearly 500 square kilometers. Two of them, we think are going to be a compliant resource within two years. The third property is a little bit more grassroots but very interesting and very compelling and we’re going to devote some time and effort to that as well. We did five different drill programs in 2017. All of the programs were positive. We’re looking at grade’s anywhere from two to three grams over large intercepts of 30 to 40 meters. There’s also some high grade hits in there as high as 15 grams per tonne. We like the economics and we think we’ll be able to prove the resource there. We’ve brought on a large partner in Sandstorm Gold, who’s taken an interest in our company. There’s a lot of other people who’ve, kind of come on board as well and we think that lends validity to the project merit. We’re going to drill over the summer in the wet season here in Burkina and we’re going to concentrate on advancing two of the projects over the summer. Into the fall will begin to work, the other project. We’re capitalized, we’re in a great area. We know what we’re dealing with in terms of expanding a resource. Our geological team has a decade of success and discovery success in Burkina so we’re happy that they’re involved and we’re banking a lot on their experience and their talent.” – Alex Klenman, President & CEO of Nexus Gold Corp.
Nexus Gold Corp. is a Vancouver-based mineral exploration company focused on gold development projects in some of the world’s premier exploration and mining districts. The company is currently developing multiple projects in Burkina Faso, West Africa.
The 178-sq km Niangouela gold concession is located on the Boromo greenstone belt, and is proximal to the Kalsaka deposit and the Sabce shear. The company has delineated a 1km quartz vein and shear strike with samples taken at depth (46-60m) returning high-grade gold assays up to 2,950 g/t. Eight of the first nine diamond drill holes on the property returned positive gold results, highlighted by a 4.85m intercept of 26.69 g/t (including one metre of 132 g/t).
The 38.8-sq km Bouboulou gold concession features numerous near-surface gold occurrences of both length and grade, as highlighted by historical drill results (40m of 1.54 g/t, including 20m of 2.25 g/t; 35m of 2.2 g/t, including 12m of 5.45 g/t; 10m of 2.84 g/t, including 2m of 12.45 g/t; 4m of 12.53 g/t). The property contains three distinct gold trends, each extending 5000 metres (5km) in length. The property was previously explored by Riverstone Resources and Roxgold Inc.
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