# Nexus Gold Completes Winter Drill Program at the Mckenzie Gold Project, Red Lake, Ontario Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433 Original source: https://money.tmx.com/en/quote/NXS/news/8650880402116250/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake- Publisher: tmx Original announcement: 2021-12-01T14:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Nexus Gold Corp. - Ticker: NXS - Exchange: TSX - Region: Ontario - Primary commodity: Gold - Secondary commodities: Copper, Molybdenum, Zinc, Silver - Document categories: Drill results - Extracted: 2026-08-24 03:03:59 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Nexus Gold has completed a 2,000-meter winter drill program at the McKenzie Gold Project in Red Lake, Ontario. While new assay results are pending, the company highlighted significant high-grade historical intercepts and recent prospecting grab samples to demonstrate mineralization potential. Reasoning: The release announces the completion of a drill program but does not provide new assay results for the current holes; instead, it highlights high-grade historical intercepts and prospecting grab samples to maintain momentum. - Positive factor: High-grade intercepts reported in historical drill results - Positive factor: QA/QC protocols clearly disclosed - Positive factor: Accredited laboratory used - Negative factor: Current drill results \(the 8 new holes\) are not yet assayed - Negative factor: Historical results are being restated Facts used in scoring: 7 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Release mentions certified gold reference standards, blanks, and field duplicates as part of the QA/QC program. Evidence · text > Certified gold reference standards, blanks and field duplicates are routinely inserted into the sample stream, as part of Nexus’s quality control/quality assurance program \(QA/QC\). **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Intercepts of 36.2 g/t and 94.2 g/t Au reported in historical drilling. Evidence · text > including 1m of 36.20 g/t Au **QP/CP Signed** Polarity: positive Story-specific tag Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Warren Robb P.Geo. is designated as the Qualified Person. Evidence · text > Warren Robb P.Geo., Vice President, Exploration, is the designated Qualified Person ## Extracted facts Stored fact records: 7. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### MK-20-RC-006 [Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433#fact-drill-facts-0) McKenzie Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MK-20-RC-006 - Project: McKenzie Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NXS #### Geometry - Grade: 13.25 - Grade Unit: g/t - Intercept: 2.75 m - From: 68.75 m - To: 70.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-05-25T00:00:00.000Z #### Dates - Event date: 2021-12-01T00:00:00.000Z Reasoning: High-grade intercept of 13.25 g/t Au over 2.75m. - Positive factor: Strong grade-width product - Negative factor: Historical data Evidence · text > MK-20-RC-006: 2.75m of 13.25 grams-per-tonne \(“g/t”\) gold \(“Au”\), including 1m of 36.20 g/t Au \(68.75m to 70.5m\) ### MK-20-RC-006 [Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433#fact-drill-facts-1) McKenzie Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MK-20-RC-006 - Project: McKenzie Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NXS #### Geometry - Grade: 36.2 - Grade Unit: g/t - Intercept: 1 m - From: 68.75 m - To: 70.5 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-05-25T00:00:00.000Z #### Dates - Event date: 2021-12-01T00:00:00.000Z Reasoning: Very high grade intercept within a larger interval. - Positive factor: Bonanza grade - Negative factor: Historical data Evidence · text > including 1m of 36.20 g/t Au \(68.75m to 70.5m\) ### MK-20-RC-008 [Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433#fact-drill-facts-2) McKenzie Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MK-20-RC-008 - Project: McKenzie Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NXS #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 55.5 m - From: 67.5 m - To: 123 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-05-25T00:00:00.000Z #### Dates - Event date: 2021-12-01T00:00:00.000Z Reasoning: Wide interval of 1 g/t Au. - Positive factor: Significant width - Negative factor: Historical data Evidence · text > MK-20-RC-008: 55.5m of 1 g/t Au \(67.5m to 123m\) ### MK-21-DD-018 [Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433#fact-drill-facts-3) McKenzie Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MK-21-DD-018 - Project: McKenzie Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NXS #### Geometry - Grade: 1.01 - Grade Unit: g/t - Intercept: 56 m - From: 13 m - To: 69 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-06-01T00:00:00.000Z #### Dates - Event date: 2021-12-01T00:00:00.000Z Reasoning: 56m of 1.01 g/t Au. - Positive factor: Significant width - Negative factor: Historical data Evidence · text > MK-21-DD-018: 56m of 1.01 g/t Au \(13m to 69m\) ### MK-21-DD-018 [Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433#fact-drill-facts-4) McKenzie Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MK-21-DD-018 - Project: McKenzie Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NXS #### Geometry - Grade: 94.2 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-06-01T00:00:00.000Z #### Dates - Event date: 2021-12-01T00:00:00.000Z Reasoning: Exceptional grade of 94.2 g/t Au. - Positive factor: Bonanza Intercept - Negative factor: Historical data Evidence · text > including 24.7m of 4.05 g/t Au, 14m of 7.01 g/t Au, and 1m of 94.2 g/t Au ### MK-21-DD-019 [Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433#fact-drill-facts-5) McKenzie Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MK-21-DD-019 - Project: McKenzie Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NXS #### Geometry - Grade: 1.25 - Grade Unit: g/t - Intercept: 136 m - From: 148 m - To: 285 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-06-01T00:00:00.000Z #### Dates - Event date: 2021-12-01T00:00:00.000Z Reasoning: 136m of 1.25 g/t Au. - Positive factor: Significant width - Negative factor: Historical data Evidence · text > MK-21-DD-019: 136m of 1.25 g/t Au \(148m to 285m\) ### MK-21-DD-019 [Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--c06ca8b2-94a4-4cab-b3b3-9da7011ec433#fact-drill-facts-6) McKenzie Gold Project · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: MK-21-DD-019 - Project: McKenzie Gold Project - Commodity: gold - Region: canada\_on - Reported Region: Ontario - Ticker: NXS #### Geometry - Grade: 59.8 - Grade Unit: g/t - Intercept: 1 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-06-01T00:00:00.000Z #### Dates - Event date: 2021-12-01T00:00:00.000Z Reasoning: High grade intercept of 59.8 g/t Au. - Positive factor: Bonanza Intercept - Negative factor: Historical data Evidence · text > High-grade intercepts included 1m of 59.8 g/t Au ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.