Nexus Gold (TSE:NXS) has released an update.
Nexus Gold Corp. announces its intention to escalate development at the Dakouli 2 Gold Project in Burkina Faso, West Africa, following promising gold findings and the recent rise in gold prices. The 9,800-hectare site, with gold deposits as deep as 200m, has shown significant results from initial exploratory drilling. Nexus Gold is optimistic about the project’s potential amidst West Africa’s rich gold deposits and is planning to secure funds for follow-up work programs in 2024.
For further insights into TSE:NXS stock, check out TipRanks’ Stock Analysis page.