Upcoming Drill Program At McKenzie Gold Project

VANCOUVER - Nexus Gold Corp. reported that it is preparing to continue Phase 2 diamond drilling in an effort to expand known mineralization at its 100%-owned McKenzie Gold Project, located in Red Lake, Ontario.  

The Company is finalizing details on a 2000-meter diamond drill program, scheduled to commence in early November, designed to test the northerly trending gold mineralization already established in the St. Paul’s Bay region of the claim block.  

The upcoming program will test areas under and north of Perch Lake, in an effort to increase the strike length of the mineralized zone.  Recent prospecting by the Company has identified the presence of historic trenches on the north side of Perch Lake comprised of quartz veins containing clots and patches of semi massive Chalopyrite, Pyrite and Molybdenite.  The veins are hosted in granite which displays strong pervasive silica flooding.  Local discrete shearing in both trenches trend at approximate attitudes of 330° and dip 70° to 80° to the east, displaying similar trends established in earlier drilling campaigns south of the lake in the St. Paul’s Bay region of the McKenzie claim block. The company is currently reviewing  drill site locations, access requirements and other logistics for the upcoming program.