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Explorer Plans Drill Program for Ontario Red Lake Project
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The company will start the work there in either late winter or early spring 2020.

Nexus Gold Corp. (NXS:TSX.V; NXXGF:OTCQB) intends to commence a phase 1 drill program in Q1/20 at its McKenzie gold project in Red Lake, Ontario, it announced in a news release.

To follow Nexus' completed prospecting efforts at McKenzie, the campaign will include 1,000 meters of diamond drilling in late winter-early spring, testing for mineralization in the corridor along the southern contact of the dome stock. Drilling also will test anomalous rock samples collected in fall 2019 from the St. Paul's Bay part of the property.

Past drilling in 2005 in this same corridor, in the St. Paul's Bay area, "returned significant values," the release noted.

"We're eager to conduct our first drill campaign at McKenzie, all the data we've compiled so far has given us multiple, compelling targets," President and CEO Alex Klenman said in the release.

"Historical drilling and sampling, and our own groundwork, has revealed several mineralized zones, with some high-grade values. We would like to extend those zones with some new drill data and continue to move this project forward. The permitting process is underway, and we anticipate executing the program in Q1, 2020," Klenman added.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Nexus Gold. Please click here for more information.
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