Tag: Red Lake Mining District
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Nexus Gold (NXS.V) hits 13.25 grams/tonne over 2.75 meters at McKenzie Gold Project in Ontario
“Of the first six holes drilled (784 total meters), six returned elevated gold assays,” reported Nexus, “while the last three holes MK2020-004, 005, and 006, all contained zones reporting visible gold”.
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![Nexus Gold (NXS.V) in up-trend as USD weakens]()
Nexus Gold (NXS.V) in up-trend as USD weakens
In 2020, the U.S gov. has borrowed another $7 trillion, the U.S. dollar has weakened further, the flight to gold is now a stampede and many gold juniors have experienced sharp gains in share price.
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![Nexus Gold (NXS.V) doubles down on McKenzie drill program]()
Nexus Gold (NXS.V) doubles down on McKenzie drill program
This $15 million company owns 11 projects on two continents.
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Nexus Gold (NXS.V) samples 10.5 g/t gold in Burkina Faso
For a company with a modest market cap ($9.5 million) Nexus has a good track record of advancing multiple projects simultaneously on two continents (North America and Africa).
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![Nexus Gold (NXS.V) sees 2020 as the year to drill]()
Nexus Gold (NXS.V) sees 2020 as the year to drill
With all of the carnage in the broader markets of late—S&P 500 futures are currently off 5%, Crude Oil (WTI) is off a whopping 30%—there are precious few bright spots. Market volatility is beginning to take on a somewhat surreal quality. The recent 50-point emergency rate cut offered a glimmer of hope, a move by…
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![Nexus Gold (NXS.V) tables plans to drill Red Lake project]()
Nexus Gold (NXS.V) tables plans to drill Red Lake project
Nexus put out news loyal shareholders really wanted to see—a plan to mobilize a drill rig to the heart of the Red Lake Mining District. The company’s 1,348.5-hectare Mckenzie Project is well-positioned in the famous mining camp, flanked by the likes of Newmont-Goldcorp (NGT.T), Yamana (YRI.T), Pure Gold (PGM.V) and Premier Gold (PG.T). Previous exploration…
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![Nexus Gold (NXS.V) unveils additional high-grade values at Red Lake, preps drill rig for Dakouli, Burkina Faso]()
Nexus Gold (NXS.V) unveils additional high-grade values at Red Lake, preps drill rig for Dakouli, Burkina Faso
Late last week, Nexus Gold (NXS.V) updated us with a welcome (and unexpected) piece of news out of their flagship McKenzie Gold Project in the Red Lake Mining Camp. It was unexpected in the sense that we thought the company had already given up everything there was to give regarding recently acquired 1,348.5 hectare Red…
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![Nexus Gold (NXS.V) sets its sights on yet another acquisition in West Africa]()
Nexus Gold (NXS.V) sets its sights on yet another acquisition in West Africa
In yet another move to grow its landbank of prospective gold projects, Nexus Gold (NXS.V) is looking to expand its acres in Gabon, a country located in West Africa. This marks the fourth significant acquisition so far this year. Where is Gabon exactly, and why is Nexus Gold interested? As you can see, Nexus is…
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![Falcon Gold (FG.V) sets sights on gold, cobalt and vanadium]()
Falcon Gold (FG.V) sets sights on gold, cobalt and vanadium
On June 19, 2019, the Federal Open Market Committee (FOMC) concluded a meeting leaving U.S. interest rates unchanged, but signaled their intent to lower rates in the coming months should U.S. economic growth grind to a halt. The FOMC’s message was decidedly dovish. And the market hangs on every damn word. In their parting statement,…
