Nexus Gold finds high-grade gold sample at Red Lake, Ontario

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    Nexus Gold - Sample from McKenzie Gold Project that produced assay result of 331 g/t Au

    Nexus returns high-grade 135 g/t gold sample at Mckenzie Gold Project

    Nexus Gold Corp has reported a strong start to their ground reconnaissance program at their 100% owned, 1348 hectare, McKenzie Gold Project at Red Lake Ontario with one sample hitting 135 g/t.

    Seven samples were collected during a first phase collecting campaign, covering areas on McKenzie Island and in the St. Paul Bay area of the property, searching for locations of previous exploration activities and mineralization.

    Significant results were obtained from localities on McKenzie Island with samples returning 135.4 g/t gold and 9.3 g/t gold, respectively. The 135.4 g/t gold value was obtained from a select sample on a quartz vein hosted in igneous rocks of the dome stock, while the 9.3 g/t gold value was obtained in a select sample of a quartz vein hosted in felsic meta-volcanic rocks on the northern portion of the property.

    Alex Klenman, President and CEO of Nexus, said that even though work has only recently commenced on the project and they’re encouraged by the strong, early results. “McKenzie is a flagship property for us, one that we believe has considerable upside. With a handful of high-grade results having now been documented and obtained, McKenzie is trending in a very positive direction.”

    Commenting on next steps, Mr Klenman stated “We’re going to obtain as much data as we can in the next few months to best define our drill targets moving forward.”

    Company Geologist Warren Robb added to this saying “We look forward to hitting the ground a little harder over the summer months to identify new and delineate known mineralization.”

    Nexus is currently conducting a detailed prospecting and reconnaissance program, supplemented with ground geochemical and geophysical surveys, over the property to identify geologic trends and structures suitable for drill testing.

    About the McKenzie Gold Project

    Nexus Gold Corp - Area map showing McKenzie Gold Project and surrounding companies/projects

    The McKenzie Gold Project is a 1,348.5-hectare high-grade prospect located in the heart of the world-famous Red Lake gold camp. The highly prospective geological setting is analogous to several past producers. McKenzie hosts nine documented historical gold occurrences with limited exploration and is preferentially situated adjacent to Newmont Goldcorp on its east and northern boundaries, and Pure Gold Mining’s Madsen project on the southern boundary.

    Nexus Gold Corp - Area map showing McKenzie Gold Project and surrounding companies/projects

    About the Nexus Gold

    Nexus Gold is a Vancouver-based gold exploration and development company with a portfolio of active projects in West Africa and Canada. The Company is concentrating its efforts on establishing a compliant resource at one or more of it’s four current West African-based projects which total over 560-sq kms (56,000+ hectares) of land located on active gold belts and proven mineralized trends, while also conducting developmental phases on its 100%-owned Canadian projects, McKenzie Gold Project in Red Lake, Ontario, the New Pilot Project, located in BC’s historic Bridge River Mining Camp, and three projects in Newfoundland totalling 3,325 hectares. For more information please visit www.nexusgoldcorp.com.

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