INTERNATIONAL GOLD EXPLORATION AND DEVELOPMENT
TSX.V: NXS / OTCQB: NXXGF
Management and geological team has significant experience and a successful track record in gold exploration, discovery, and development through PEA to mining stage.
- District scale land packages totalling over 343-sq kilometers (34,430 hectares)
- Located on proven and prolific gold belts
- Drill programs have established multiple mineralized zones
- Early to advanced stage exploration projects
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West African Projects
The Bouboulou exploration permit covers an area of 38.8 square kilometres approximately 75 kilometres north-west of the capital Ouagadougou and is accessible by paved road. The Bouboulou permit is located on the Boromo-Goren greenstone belt and is bisected by the Sabce shear zone. This regional north-east trending structure hosts numerous artisanal workings along its 120-kilometre length and also hosts the Bissa Hills deposit presently being mined by Nordgold. Three 5km anomalous gold trends exist on the property along with numerous artisanal zones (orpaillages).
The 250-square kilometre Rakounga gold property is contiguous to the Company’s Bouboulou gold concession. The Property borders Bouboulou on the west and south sides and hosts the Bouboulou 1 gold showing, which is the southern extension of the Bouboulou 2 trend. Bouboulou 1 is an active orpaillage with shaft workings that extend down approximately 80 metres.
The 198-square kilometer property lies immediately south of the Company’s 178-sq km Niangouela concession (see figure 1) which has been explored over the past two years. Sampling at Niangouela returned bonanza-grade gold values, including 2,950 grams-per-tonne (“g/t”) gold (“Au”), 403 g/t Au, and 49.8 g/t Au.