“The geological environment is very similar to what we’ve already encountered and successfully drilled south of the lake. “We’re excited to test the new zones found north of Perch Lake,” said president and CEO, Alex Klenman. Local discrete shearing in both trenches trend at approximate attitudes of 330° and dip 70° to 80° to the east, displaying similar trends and lithologies established in the Company’s previous drill campaigns.

The veins are hosted in granite which displays strong pervasive silica flooding. The trenches are comprised of quartz veins containing clots and patches of semi massive chalcopyrite, pyrite and molybdenite. Three historical trenches and a new showing were also identified during the prospecting program (see image 1). Selective grab samples obtained during the fall program have now returned gold assays of ^13.40 grams-per-tonne (“g/t”) gold (“Au”), 7.70 g/t Au, 6.83 g/t Au, 3.54 g/t Au, and 3.51 g/t Au, respectively, confirming mineralization in this new area.

The planned up to 2000-meter drill program commenced with the first hole being drilled to test the northern extent of gold mineralization identified by earlier drilling conducted by the Company in April 2021 which included holes MK-21-018 and MK-21-019, both of which returned significant gold intercepts (see Company news releases dated May 25 and June 1, 2021), and to test gold mineralization recently identified during a fall targeting and prospecting program conducted north of Perch Lake. (“ Nexus ” or the “ Company ”) ( TSXV:NXS ), ( OTC:NXXGF ), ( FSE:N6E) is pleased to announce that crews and equipment have been mobilized to its 100%-owned McKenzie Gold Project located at Red Lake Ontario, and drilling is now underway. Vancouver, Canada – TheNewswire – Novem– Nexus Gold Corp.

Grab sample assays up to 13.40 g/t Au from new targets north of Perch Lake

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