- Orogenic gold deposit targets hosted in shear zone developed in volcano-sedimentary sequence with related quartz veining
- Property previously held by Roxgold (TSX.V: ROG), then called “Bissa West”
- Previous diamond drill program returned significant gold intersections:
- BBL-11-DD-05 (4.62 g/t Au over 6m, including 81.32 g/t Au over 0.3m), BBL-11-DD-03 (5.33 g/t Au over 2m, 12.53 g/t Au over 4m) and BBL-11-DD-02 (5.43 g/t Au over 2m)
- Previous reverse circulation drill program returned significant gold intersections:
- BBL-11-RC-06 (1.54 g/t Au over 40m, including 2.25 g/t Au over 20m), BBL-11-RC-013 (2.20 g/t Au over 35m, including 5.45 g/t Au over 12m), and BBL-11-RC-020 (2.84 g/t Au over 10m, including 12.45 g/t Au over 2m)
- All zones are open in all directions
- Concession features five drill-tested zones of gold mineralization, named Koala, Rawema, Bouboulou 1, Bouboulou 2 and Pelatanga
- Three defined 5km gold trends have been identified on the property; each extending from the five drill-identified mineralized zones
- A 43-101 Technical Report on the Bouboulou project was completed in July 2018
Resource Potential
- The Company has compiled historical data including airborne geophysics, Rotary Air Blast (RAB) drilling, geochemical sampling, reverse circulation drilling, diamond drilling and the location of orpaillages (zones of artisanal gold mining)
- The compiled data reviewed, including over 7000 assays collected between 2011 and 2012, displays three strong coincidental geochemical and geophysical anomalous gold trends
- The geochemical and geophysical data collected thus far at Bouboulou, the fact that the known gold bearing Sabce shear zone bisects the property, and the abundance of artisanal workings, all attest to significant gold mineralization on the property
- The potential for two types of gold deposits exist at Bouboulou. The PR and KB trends appear to be lithologically controlled and would be more likely to potentially host gold deposits consistent with the belt in the 20 to 40 million tonne range at grades of 1 to 3 grams per tonne. The B2 trend being oblique to the main shear could possibly host a higher-grade lower tonnage type deposit in the 5 to 7 million tonne range at grades of 5 to 7 grams per tonne
It should be emphasized that these statements are based on analysis of available data and are not meant to suggest that deposits exist as noted. Nexus Gold Corp. plans to further drill test the property to validate the modelling and establish the extent of mineralization.