Dakouli 2 Gold Concession

98-sq km (9,800 hectares) concession adjacent to the Niangouela concession, bisected by the Sabce shear zone

Sabce Shear

The Sabce fault starts east of the open pits at Nordgold’s Bissa Mine (3.4M oz +) and continues through the new orpaillage at the northeast corner of the permit. It proceeds to the Boken Vein Orpaillage on the western boundary, extending approximately 12 kms across the property.
A secondary trend, Sabce Sud, appears to span approximately 4 kms across the southern section of the property, and includes the Black Vein Orpaillage, a series of deep shafts that trend sub parallel to the Sabce fault. Black Vein features black quartz vein similar to what is found at Nordgold’s satellite pit located approximately 20 kms to the east

Of the first 40 samples collected to date, 20 returned assay values greater than 1 g/t Au, with multiple samples showing various concentrations of visible gold, with values between 10.8 g/t Au and 98.9 g/t Au
Company geologists have viewed the panned concentrates of these near surface materials being processed by the artisanal miners and noted that the gold being recovered was also coarse and nuggety in nature

In late 2020 Nexus conducted a maiden drill program at the Dakouli project resulting in significant discovery
A total of 22 Reverse Circulation (RC) holes were drilled, totaling 2,914 meters in five target zones
Several holes returned significant mineralization, including hole 7 which returned 4.83 g/t Au over 20m, including 14.51 g/t Au over 6m
The location of the mineralization corresponds well with the interpretation of the location of the Sabce shear zone
Ground geochemistry and termite sampling suggest that this mineralization may extend for at least a kilometer to the south west and longer to the south