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Nexus Gold to Complete Initial Work Program at Bouboulou Concession, Burkina Faso


July 28, 2016 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) announced that it intends to complete an initial work program at the Bouboulou Gold Concession ("Bouboulou" or the "Property"), located in Burkina Faso, West Africa.

Preliminary work on the Property will consist of reviewing legacy data, data compilation, geological mapping, drill hole mapping and selection, rock and core geochemical re-sampling, ground confirmation, and sourcing of drill operator, equipment and crew. Diamond drilling is anticipated in early fall, after the completion of the rainy season in Burkina Faso. The work program will be overseen by Warren Robb, P.Geo.

Bouboulou covers an area of 38.3 square kilometers and is located approximately 100 kilometers north by northwest of the capital city of Ouagadougou. Exploration on the Property has been conducted by Boliden (1997 - 1999), Riverstone Resources (2005- 2011) and Roxgold Inc. (2011 to 2012). Past exploration has consisted of rotary air blast drilling, trenching, geological mapping, airborne EM and magnetometer and radiometrics, reverse circulation and diamond drilling.

Highlights of the previous exploration programs includes surface rock sampling and trenching returning gold grades from 1.09 to 19.16 g/t gold. Four zones of gold mineralization have been identified on the property termed Koala, Rawema, Bouboulou 2 and Pelgtanga.


About Burkina Faso

Burkina Faso is a landlocked nation located in West Africa between Ghana and Mali, the second and third largest gold producing countries on the continent. It is underlain by rocks of the same age and history as its neighbors but it is still relatively under-explored compared to its neighbors. It covers an area of roughly 274,000 square kilometres and has an estimated population of more than 16 million people. The country is pro-mining and has a favorable foreign investment stance.

The country is the fastest growing gold producer in Africa. It is ranked 4th in the continent and 23rd worldwide in Current Mineral Potential Index in the "Survey of Mining Companies 2014" conducted by The Fraser Institute of Canada. Since 2013, there are seven gold mines in production. Other mining resources include manganese, bauxite, copper, nickel, lead, zinc, and limestone/marble.

The country has excellent geological potential. The Greenstone Belts that host all of the major deposits in Ghana and Cote d'Ivoire continue northward into Burkina Faso. Some of the world's most productive mines are located in West African greenstone belts. These belts cover approximately 3, 000, 000 km?, making the area's exploration potential enormous. Burkina Faso currently accounts for 21% of West Africa's greenstone belt exposure. Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining under explored in comparison to neighbouring Ghana and Mali; both of which host world class gold mines in the same belts of Birimian rocks.

About the Company

Nexus Gold Corp. is a Vancouver-based mineral resource company that develops precious metal mineral assets in the world's premier mining districts. The Company is currently concentrating its efforts on the Walker Ridge Gold Project, a drill-ready, multiple-target, Carlin-type gold project located in the Independence/Jerritt Canyon Gold Trend, Nevada, USA and the Bouboulou Gold Concession, an advanced exploration project located in Burkina Faso, West Africa.

For more information on these projects, please visit the Company website at www.nexusgoldcorp.com.

[Johnstocks]

News Release

NEXUS GOLD CONTRACTS FALCON DRILLING FOR UPCOMING WORK PROGRAM AT BOUBOULOU GOLD CONCESSION, BURKINA FASO


Nexus Gold Corp. (NXS.V NXXGF –OTC) has contracted Falcon Drilling Burkina Faso SARL for the upcoming drill program at the Bouboulou gold concession, Burkina Faso, West Africa.
Falcon has been previously contracted for its drilling services by other resources companies operating in Burkina Faso such as Roxgold Inc. and True Gold Mining. The company, therefore, has extensive experience drilling in the country and vast knowledge of the area.
Nexus Gold director Warren Robb, PGeo, will plan and oversee a 2,000-metre phase one drill program at Bouboulou. Mr. Robb was chief geologist for Roxgold Inc. in 2012 where he conducted previous drill programs at the property (then called Bissa West).
Bouboulou gold concession
The Bouboulou gold concession is a near-surface, advanced-stage gold exploration target located in a known gold belt, within a prolific and highly active area. The property has previously been drilled by Roxgold, Riverstone Resources and Boliden. To date, four zones of gold mineralization have been identified on the property.
Bouboulou was held by Boliden in 1997 as part of a much larger land package. Boliden completed regional rapid air blast drilling comprising 25,400 metres. Included in this total was infill drilling which defined a northeast-trending gold anomaly measuring 13 kilometres by two kilometres to six kilometres wide. The mineralization was described as disseminated sulphides in tuffs and dacites.
New zone at Bouboulou
As reported in the Sept. 8, 2016, Nexus Gold news release, a new area of interest has been observed on the property due to an increase in artisanal mining activity. Upon the initial property visit, the company geologist noted a large orpaillage (area worked by artisanal miners). The zone being exploited by the orpilleurs is a shear hosted in meta-volcanics and meta-sediments with crosscutting quartz veins and stringers. The orpaillage extends for approximately 250 metres along strike with the Bouda orpaillage which is adjacent to the property and located along the Sabce shear zone. This same shear zone also hosts Norgold's Bissa Hills mine.
Eight grab samples were taken from artisanal workings of the four known gold zones on the property in early September, 2016. As reported in the company news release of Sept. 27, 2016, six of the eight samples returned gold values, including 2.8 grams per tonne gold and 5.5 grams per tonne Au, respectively, at Bouboulou 2.
Historical drill results
Riverstone Resources completed several programs of regional and detailed geological mapping and sampling prior to the Roxgold work programs. Rock sampling and trenching within the Boliden anomaly returned gold grades from 1.09 grams per tonne to 19.16 grams per tonne. Riverstone also completed an induced polarization geophysical survey over the area of the highest gold values, and Roxgold drill tested a number of these targets. The attached tables represent historical drill results as reported by Roxgold.

SIGNIFICANT REVERSE CIRCULATION DRILLING RESULTS

Hole Depth (m) From (m) To (m) Length (m) Au (g/t) Zone

BBL-11-RC-003 103 24 34 10 1.10 Pelgtanga
Includes 30 32 2 3.66
BBL-11-RC-005 103 60 64 4 1.97 Bouboulou 2
BBL-11-RC-006 115 70 110 40 1.548 Bouboulou2
Includes 70 90 20 2.255
and 100 110 10 1.422
BBL-11-RC-012 120 100 108 8 1.21 Rawema
BBL-11-RC-013 109 74 109 35 2.209 Rawema
Includes 74 86 12 5.455
BBL-11-RC-020 103 40 50 10 2.844 Koala
Includes 42 44 2 12.450
BBL-11-RC-021 130 6 8 2 3.94 Koala
BBL-11-RC-022 133 44 48 4 1.63 Koala
BBL-11-RC-024 193 38 44 6 1.95 Pelgtanga
BBL-11-RC-027 120 90 114 24 1.36 Bouboulou2
BBL-11-RC-042 114 52 54 2 3.80 Pelgtanga

(1) The reported drill intercept lengths are not true widths.

SIGNIFICANT DIAMOND DRILLING RESULTS

Hole Depth (m) From (m) To (m) Length (m) Au (g/t) Zone

BBL-11-DD-002 27 42 44 2 5.43 Rawema
BBL-11-DD-003 42 56 58 2 5.33 Bouboulou 2
Includes 78 82 4 12.53
BBL-11-DD-005 79 74 80 6 4.62 Rawema
Includes 77.7 78 0.3 81.32
BBL-11-DD-008 198 125 127 2 2.55 Koala

(1) The reported drill intercept lengths are not true widths.
About Burkina Faso
Burkina Faso is a landlocked nation, located in West Africa. It covers an area of roughly 274,000 square kilometres and has an estimated population of more than 16 million people. The country has a stable political setting with a pro-mining and foreign investment stance. Burkina Faso is the fastest-growing gold producer in Africa and was the fourth-largest gold producer in Africa in 2012. Eight new mines have been commissioned there over the past six years. The country has excellent geological potential. The greenstone belts that host all of the major deposits in Ghana and the Ivory Coast continue northward into Burkina Faso. Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining underexplored in comparison with neighbouring Ghana and Mali, both of which host world-class gold mines in the same belts of Birimian rocks.
About the company
Nexus Gold is a Vancouver-based mineral resource company that develops precious metal mineral assets in the world's premier mining districts. The company is currently concentrating its efforts on the Bouboulou gold concession, an advanced exploration project located in Burkina Faso, West Africa, and the Walker Ridge gold project, a drill-ready, multiple-target, Carlin-type gold project located in the Independence/Jerritt Canyon gold trend, Nevada, United States.
Warren Robb, PGeo, senior geologist, is the designated qualified person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release.
http://www.nexusgoldcorp.com






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