(via TheNewswire)
The Dakouli 2 property is a 9,800-ha gold project with several established zones of mineralization. Gold is situated from near surface to 200m depth, with the majority of the significant drill intercepts in the 100-meter range. The Company recently paid taxes on the property and intends to raise sufficient capital in the near term to begin multiple follow-up work programs during the remainder of the 2024 calendar year.
“Dakouli has proven to be a highly prospective gold target”, said
Drilling to Date at Dakouli
In late 2020 the Company conducted a Reverse Circulation (“RC”) drill program at the 98-sq kms concession consisting of 2,914 meters of exploratory drilling. The first-ever drill program on the property was designed to test several areas that have returned either high gold values from rock samples or coincidental soil geochemical and geophysical anomalies proximal to artisanal workings (“orpaillages”).
Significant results were encountered in several holes, including:
DKL-20-RC-007
4.83 grams-per-tonne (“g/t”) gold (“Au”) over 20 meters
Including 14.51 g/t Au over 6m
And 39.6 g/t over 2m
DKL-20-RC-009
1.61 g/t Au over 10m
Including 4.11 g/t Au over 2m
DKL-20-RC-010
1.89 g/t Au over 8m
Including 6.54 g/t Au over 2
DRILL HOLE | AZ | DIP | FROM (METERS) | TO (METERS | INTERCEPT METERS | GOLD INTERCEPT GRAMS PER TONNE fire assay |
DKL-20-RC-007 | 350 | -60 | 108 | 138 | 30 | 3.31 |
108 | 128 | 20 | 4.83 | |||
108 | 126 | 18 | 5.35 | |||
108 | 124 | 16 | 5.92 | |||
INCLUDES | 108 | 110 | 2 | 1.175 | ||
110 | 112 | 2 | 1.06 | |||
118 | 120 | 2 | 2.28 | |||
120 | 122 | 2 | 39.6 | |||
122 | 124 | 2 | 1.645 | |||
DKL-20-RC-009 | 360 | -45 | 50 | 60 | 10 | 1.61 |
INCLUDES | 54 | 56 | 2 | 1.6 | ||
52 | 54 | 2 | 4.11 | |||
76 | 84 | 8 | 0.26 | |||
96 | 104 | 8 | 0.21 | |||
108 | 118 | 10 | 0.2 | |||
120 | 126 | 6 | 0.31 | |||
128 | 136 | 8 | 0.24 | |||
140 | 150 | 10 | 0.47 | |||
DKL-20-RC-010 | 360 | -45 | 64 | 66 | 2 | 1.46 |
74 | 82 | 8 | 1.89 | |||
INCLUDES | 2 | 6.54 |
In addition, several holes returned lengthy intercepts of sub-one gram gold, including DKL-20-RC-006 which returned .59 g/t Au over 18 meters, DKL-20-RC-017, which returned .91 g/t Au over 10m, and DKL-20-RC-002 which returned .64 g/t Au over 16 meters.
In the summer of 2021, the Company returned to Dakouli to conduct a 2000m follow up
DKL-21-DD-001
0.95 g/t Au over 23m
Including 1.01 g/t Au over 15m
1.46 g/t Au over 7m
Including 4.87 g/t Au over 1m and 6.88 g/t Au over 1m
DKL-21-DD-002
1.90 g/t Au over 28m
Including 10.87 g/t Au over 4m
Including 15.1 g/t Au over 1m, and 17 g/t Au over 1m
1.43 g/t Au over 10m
Including 10.6 g/t Au over 1m
DKL-21-DD-008
0.86 g/t over 17m
Including 1.18 g/t Au over 12m and 2.19 g/t Au over 6m
DRILL HOLE | AZIMUTH | DIP | FROM | TO | LENGTH | Au g/t |
DKL-21-DD-001 | 0 | -60 | 80 | 81 | 1 | 2.87 |
103 | 135 | 32 | 0.75 | |||
INCLUDES | 112 | 135 | 23 | 0.95 | ||
INCLUDES | 120 | 135 | 15 | 1.01 | ||
123 | 135 | 12 | 1.14 | |||
Includes | 129 | 130 | 1 | 2.46 | ||
134 | 135 | 1 | 6.88 | |||
187 | 194 | 7 | 1.46 | |||
INCLUDES | 188 | 189 | 1 | 2.03 | ||
190 | 191 | 1 | 4.87 | |||
DKL-21-DD-002 | 0 | -50 | 75.5 | 77 | 1.5 | 1.94 |
91 | 119 | 28 | 1.90 | |||
INCLUDES | 91 | 95 | 4 | 10.87 | ||
91 | 92 | 1 | 15.10 | |||
94 | 95 | 1 | 17.00 | |||
102 | 103 | 1 | 1.78 | |||
106 | 107 | 1 | 1.09 | |||
110 | 111 | 1 | 1.79 | |||
118 | 119 | 1 | 2.38 | |||
144 | 145 | 1 | 2.04 | |||
154 | 164 | 10 | 1.43 | |||
INCLUDES | 156 | 157 | 1 | 10.60 | ||
DKL-21-DD-008 | 360 | -60 | 168 | 180 | 12 | 1.18 |
INCLUDES | 179 | 180 | 1 | 12.7 |
Drilling has so far primarily been confined to a small section in the upper northeastern portion of the concession ground.
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Image 1: Location of Dakouli 2 project,
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Image 2: Bisecting Sabce faults (red) and artisanal zones, Dakouli 2 project,
About the Dakouli 2 Gold Concession
The Dakouli 2 exploration permit is a nearly 100-sq km gold exploration property located approximately 100 kilometers due north of the capital city
In late 2018 Company geologists conducted a comprehensive ground reconnaissance program to the west and south of the main orpaillage (artisanal zone) and identified new near surface workings being exploited by artisanal miners. Rock samples collected from these new zones contained various concentrations of visible gold, including coarse nuggety samples.
Follow up work outlined an anomalous zone extending some 500 meters west from the sample zones. Based on those results the Company initiated a 150-line kilometer soil geochemical survey covering the northern half of the Dakouli 2 property. This survey identified three prominent gold geochemical trends.
The primary gold trend parallels the Sabce fault zone and extends for approximately 10 kilometers in a northeast-southwest direction and bisects the property from the northeast corner of the property to its western boundary. The Sabce fault hosts multiple deposits including Nordgold’s 3.4M oz
Two secondary gold trends which extend for approximately 6.5 kilometers each are oriented in a northwest to southeast direction and bisect the primary trend. All three gold geochemical trends are coincidental to geophysical trends identified from the national regional airborne geophysics.
* Please note that while the Company considers sampling and reporting results from the new portions of the exploration permit to be accurate, readers are cautioned that a Qualified Person has been unable to verify the laboratory involved in the analysis of these samples, and no documentation was available regarding quality control procedures utilized in the analysis.
About the Company
For more information, please visitnxs.gold
On behalf of the Board of Directors of
Tel: 416-846-4599
info@nexusgoldcorp.com
www.nexusgoldcorp.com
Neither the
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