# Nexus Gold Reports Initial Assay Results from December Drilling at the Mckenzie Gold Project, Red Lake, Ontario

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5

Original source: https://money.tmx.com/en/quote/NXS/news/6555411956512082/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie-

Publisher: tmx

Original announcement: 2022-02-09T14:00:00.000Z

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: None reported

- Document categories: Drill results

- Extracted: 2026-08-24 03:07:13 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Nexus Gold reported initial assay results from its December 2021 drilling program at the McKenzie Gold Project in Red Lake, Ontario, with significant gold intercepts including 22 meters at 2.19 g/t Au, which contained higher-grade sub-intervals up to 24.5 g/t Au over 1.5 meters. The drilling successfully extended the strike length of the mineralized zone by over 400 meters. The company noted good QA/QC practices and a Qualified Person's review of the technical information.

Reasoning: Nexus Gold's initial assay results from the McKenzie Gold Project are positive, featuring several high-grade gold intercepts and a significant extension of the mineralized strike length. The presence of bonanza grades and the expansion of the mineralized footprint are material, though the lack of true width reporting and compositing details introduces some uncertainty. The results demonstrate continued exploration success and potential for the project.

- Positive factor: High-grade gold intercepts, including bonanza grades up to 24.5 g/t Au over 1.5m and 21 g/t Au over 1m.

- Positive factor: Successful extension of the mineralized strike length by over 400 meters, indicating potential for further expansion.

- Positive factor: Comprehensive QA/QC procedures disclosed, including use of an accredited lab and QP sign-off, enhancing data credibility.

- Negative factor: True widths are not reported for any intercepts, which may overstate the significance of downhole lengths.

- Negative factor: Compositing parameters such as cut-off grades and internal dilution rules are not explicitly disclosed for reported intervals.

Facts used in scoring: 49

## Classification and evidence

**Bonanza Intercept**

Polarity: positive

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: Several intercepts, including 21 g/t Au over 1m, 24.5 g/t Au over 1.5m, and historical results up to 94.2 g/t Au over 1m, exceed the exceptional grade threshold for orogenic gold deposits.

Evidence · text

> 24.5 g/t Au over 1.5m and 21 g/t Au over 1m

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drilling successfully extended the strike length of the mineralized zone by over 400 meters, and the gold bearing zone now extends over 450 meters in length.

Evidence · text

> Drilling successfully extends strike length over 400 meters

**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: The release states that Activation Laboratories, an accredited independent mineral analysis laboratory, was used, and that certified gold reference standards, blanks, and field duplicates are routinely inserted. A Qualified Person also reviewed and approved the technical information.

Evidence · text

> Activation Laboratories in Ontario, an accredited independent mineral analysis laboratory, for analysis. All samples are analyzed for gold using standard Fire Assay-AA techniques. 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 \(QA/QC\).

**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., Vice President, Exploration, is named as the designated Qualified Person who reviewed and approved the technical information in the release.

Evidence · text

> Warren Robb P.Geo., Vice President, Exploration, is the designated Qualified Person and has reviewed and approved the technical information contained in this release.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Reported lengths are intercepts and are not true widths' for all results.

Evidence · text

> Reported lengths are intercepts and are not true widths

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The release does not state the cut-off grade used for compositing or reporting the drill intervals.

Evidence · text

> MK-21-024 which assayed 22 meters \(“m”\) of 2.19 grams-per-tonne \(“g/t”\) gold \(“Au”\), which includes 1m of 21 g/t Au at 65m depth, and 1.5m of 24.5 g/t Au at 70.5m depth.

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The program was designed to test gold anomalies in and around historic trenches and to test the potential strike extension of mineralization, indicating both infill and step-out components.

Evidence · text

> This second round of drilling, completed in December 2021, was designed to test gold anomalies occurring in and around historic trenches identified earlier in the fall by prospecting teams employed by the Company. The program was also testing the potential strike extension of mineralization identified in the first round of phase two drilling in the spring of 2021.

## Extracted facts

Stored fact records: 49. Some facts used in scoring do not have a stored record.

## Drill Results (49)

### MK-21-024

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-0)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-024
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 2.19
- Grade Unit: g/t
- Intercept: 22 m
- From: 54 m
- To: 76 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652960
- CRS: UTM
- Elevation: 360 m
- Azimuth: 300 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a good grade over a substantial width, contributing positively to the project's exploration success and strike extension, though the lack of true width is a minor concern.

- Positive factor: Strong gold grade \(2.19 g/t Au\) over a significant width \(22m\) for an exploration target.

- Positive factor: Intercept contributes to the reported extension of the mineralized strike length.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 2.19

Context: 22

### MK-21-024

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-1)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-024
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 21
- Grade Unit: g/t
- Intercept: 1 m
- From: 65 m
- To: 66 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652960
- CRS: UTM
- Elevation: 360 m
- Azimuth: 300 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This bonanza-grade intercept is highly positive, demonstrating the presence of very high-grade gold, which is a significant material finding for the project, despite its narrow width.

- Positive factor: Exceptional bonanza grade \(21.0 g/t Au\) indicating high-grade mineralization.

- Positive factor: This high-grade intercept is a strong positive indicator for the project's potential.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 21.00

Context: 1

### MK-21-024

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-2)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-024
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 24.5
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 70.5 m
- To: 72 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652960
- CRS: UTM
- Elevation: 360 m
- Azimuth: 300 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This bonanza-grade intercept is highly positive, demonstrating the presence of very high-grade gold, which is a significant material finding for the project, despite its narrow width.

- Positive factor: Exceptional bonanza grade \(24.5 g/t Au\) over 1.5m, indicating very high-grade mineralization.

- Positive factor: This high-grade intercept is a strong positive indicator for the project's potential.

- Negative factor: Narrow intercept length \(1.5m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 24.50

Context: 1.5

### MK-21-026

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-3)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-026
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 0
- Grade Unit: g/t
- Intercept: 0 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437608
- Northing: 5652980
- CRS: UTM
- Elevation: 362 m
- Azimuth: 190 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: The drill hole returned no significant results, which is a negative outcome for exploration, indicating that this specific target was not mineralized.

- Negative factor: No significant results \(NSR\) reported for this drill hole, indicating a lack of mineralization in this specific target.

- Negative factor: True width not reported, though irrelevant given NSR.

Evidence · table

> NSR

Context: MK-21-026

### MK-21-027

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-4)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-027
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.64
- Grade Unit: g/t
- Intercept: 1 m
- From: 13 m
- To: 14 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437718
- Northing: 5652792
- CRS: UTM
- Elevation: 360 m
- Azimuth: 195 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, which is a neutral to slightly positive result for exploration.

- Positive factor: Moderate gold grade \(1.64 g/t Au\) over a narrow interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.64

Context: 1

### MK-21-027

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-5)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-027
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 2.54
- Grade Unit: g/t
- Intercept: 1 m
- From: 234 m
- To: 235 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437718
- Northing: 5652792
- CRS: UTM
- Elevation: 360 m
- Azimuth: 195 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a narrow width, which is a positive result for exploration, indicating localized high-grade mineralization.

- Positive factor: Strong gold grade \(2.54 g/t Au\) over a narrow interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 2.54

Context: 1

### MK-21-027

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-6)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-027
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 0.59
- Grade Unit: g/t
- Intercept: 23 m
- From: 247 m
- To: 270 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437718
- Northing: 5652792
- CRS: UTM
- Elevation: 360 m
- Azimuth: 195 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows broad, weak gold mineralization, which is a neutral result, but its length contributes to the overall understanding of the mineralized zone.

- Positive factor: Significant intercept length \(23m\) indicates broad mineralization.

- Negative factor: Weak gold grade \(0.59 g/t Au\) for an exploration target.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 0.59

Context: 23

### MK-21-027

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-7)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-027
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 2.76
- Grade Unit: g/t
- Intercept: 1 m
- From: 234 m
- To: 235 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437718
- Northing: 5652792
- CRS: UTM
- Elevation: 360 m
- Azimuth: 195 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This strong gold grade over a narrow width is a positive sub-interval, highlighting localized high-grade mineralization within a broader zone.

- Positive factor: Strong gold grade \(2.76 g/t Au\) over a narrow interval, indicating a high-grade sub-interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 2.76

Context: 1

### MK-21-027

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-8)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-027
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 6.31
- Grade Unit: g/t
- Intercept: 1 m
- From: 269 m
- To: 270 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437718
- Northing: 5652792
- CRS: UTM
- Elevation: 360 m
- Azimuth: 195 °
- Dip: -45 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This bonanza-grade intercept is highly positive, demonstrating the presence of very high-grade gold, which is a significant material finding for the project, despite its narrow width.

- Positive factor: Exceptional bonanza grade \(6.31 g/t Au\) over a narrow interval, indicating very high-grade mineralization.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 6.31

Context: 1

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-9)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 0.52
- Grade Unit: g/t
- Intercept: 25 m
- From: 75 m
- To: 100 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows broad, weak gold mineralization, which is a neutral result, but its length contributes to the overall understanding of the mineralized zone.

- Positive factor: Significant intercept length \(25m\) indicates broad mineralization.

- Negative factor: Weak gold grade \(0.52 g/t Au\) for an exploration target.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 0.52

Context: 25

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-10)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.84
- Grade Unit: g/t
- Intercept: 1 m
- From: 76 m
- To: 77 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, which is a neutral to slightly positive result for exploration.

- Positive factor: Moderate gold grade \(1.84 g/t Au\) over a narrow interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.84

Context: 1

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-11)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.14
- Grade Unit: g/t
- Intercept: 1 m
- From: 90 m
- To: 91 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, which is a neutral to slightly positive result for exploration.

- Positive factor: Moderate gold grade \(1.14 g/t Au\) over a narrow interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.14

Context: 1

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-12)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.41
- Grade Unit: g/t
- Intercept: 3 m
- From: 97 m
- To: 100 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, which is a positive result for exploration, indicating consistent mineralization.

- Positive factor: Moderate gold grade \(1.41 g/t Au\) over a moderate width \(3m\).

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.41

Context: 3

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-13)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 0.58
- Grade Unit: g/t
- Intercept: 10 m
- From: 107 m
- To: 117 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows broad, weak gold mineralization, which is a neutral result, but its length contributes to the overall understanding of the mineralized zone.

- Positive factor: Moderate intercept length \(10m\) indicates broad mineralization.

- Negative factor: Weak gold grade \(0.58 g/t Au\) for an exploration target.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 0.58

Context: 10

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-14)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 3.57
- Grade Unit: g/t
- Intercept: 1 m
- From: 111 m
- To: 112 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This exceptional gold grade over a narrow width is a positive sub-interval, highlighting localized high-grade mineralization within a broader zone.

- Positive factor: Exceptional gold grade \(3.57 g/t Au\) over a narrow interval, indicating a high-grade sub-interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 3.57

Context: 1

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-15)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.75
- Grade Unit: g/t
- Intercept: 1 m
- From: 135 m
- To: 136 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, which is a neutral to slightly positive result for exploration.

- Positive factor: Moderate gold grade \(1.75 g/t Au\) over a narrow interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.75

Context: 1

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-16)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.12
- Grade Unit: g/t
- Intercept: 1 m
- From: 153 m
- To: 154 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a narrow width, which is a neutral to slightly positive result for exploration.

- Positive factor: Moderate gold grade \(1.12 g/t Au\) over a narrow interval.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.12

Context: 1

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-17)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 0.52
- Grade Unit: g/t
- Intercept: 22 m
- From: 165 m
- To: 187 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows broad, weak gold mineralization, which is a neutral result, but its length contributes to the overall understanding of the mineralized zone.

- Positive factor: Significant intercept length \(22m\) indicates broad mineralization.

- Negative factor: Weak gold grade \(0.52 g/t Au\) for an exploration target.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 0.52

Context: 22

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-18)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.07
- Grade Unit: g/t
- Intercept: 6 m
- From: 173 m
- To: 179 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, which is a positive result for exploration, indicating consistent mineralization.

- Positive factor: Moderate gold grade \(1.07 g/t Au\) over a moderate width \(6m\).

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.07

Context: 6

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-19)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 0.63
- Grade Unit: g/t
- Intercept: 12 m
- From: 251 m
- To: 263 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows broad, weak gold mineralization, which is a neutral result, but its length contributes to the overall understanding of the mineralized zone.

- Positive factor: Moderate intercept length \(12m\) indicates broad mineralization.

- Negative factor: Weak gold grade \(0.63 g/t Au\) for an exploration target.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 0.63

Context: 12

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-20)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 1.17
- Grade Unit: g/t
- Intercept: 6 m
- From: 253 m
- To: 259 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a moderate gold grade over a moderate width, which is a positive result for exploration, indicating consistent mineralization.

- Positive factor: Moderate gold grade \(1.17 g/t Au\) over a moderate width \(6m\).

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 1.17

Context: 6

### MK-21-030

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-21)

McKenzie Gold Project · gold

#### Identity

- Hole ID: MK-21-030
- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 2.41
- Grade Unit: g/t
- Intercept: 2 m
- From: 256 m
- To: 258 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### Location

- Easting: 437725
- Northing: 5652342
- CRS: UTM
- Elevation: 380 m
- Azimuth: 350 °
- Dip: -50 °
- Loc. Confidence: high

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This intercept shows a strong gold grade over a narrow width, which is a positive result for exploration, indicating consistent high-grade mineralization.

- Positive factor: Strong gold grade \(2.41 g/t Au\) over a narrow width \(2m\).

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · table

> 2.41

Context: 2

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-22)

McKenzie Gold Project · gold

#### Identity

- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 13.4
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This high-grade grab sample is a strong positive for exploration, confirming the presence of significant gold in a new area, though its representativeness is limited.

- Positive factor: Exceptional gold grade \(13.40 g/t Au\) from a grab sample, indicating high-grade surface mineralization.

- Positive factor: Confirms mineralization in a new area identified during prospecting.

- Negative factor: Grab samples are selective and not necessarily representative of overall mineralization.

Evidence · text

> 13.40 grams-per-tonne \(“g/t”\) gold \(“Au”\)

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-23)

McKenzie Gold Project · gold

#### Identity

- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 7.7
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This high-grade grab sample is a strong positive for exploration, confirming the presence of significant gold in a new area, though its representativeness is limited.

- Positive factor: Exceptional gold grade \(7.70 g/t Au\) from a grab sample, indicating high-grade surface mineralization.

- Positive factor: Confirms mineralization in a new area identified during prospecting.

- Negative factor: Grab samples are selective and not necessarily representative of overall mineralization.

Evidence · text

> 7.70 g/t Au

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-24)

McKenzie Gold Project · gold

#### Identity

- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 6.83
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This high-grade grab sample is a strong positive for exploration, confirming the presence of significant gold in a new area, though its representativeness is limited.

- Positive factor: Exceptional gold grade \(6.83 g/t Au\) from a grab sample, indicating high-grade surface mineralization.

- Positive factor: Confirms mineralization in a new area identified during prospecting.

- Negative factor: Grab samples are selective and not necessarily representative of overall mineralization.

Evidence · text

> 6.83 g/t Au

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-25)

McKenzie Gold Project · gold

#### Identity

- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 3.54
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This high-grade grab sample is a strong positive for exploration, confirming the presence of significant gold in a new area, though its representativeness is limited.

- Positive factor: Exceptional gold grade \(3.54 g/t Au\) from a grab sample, indicating high-grade surface mineralization.

- Positive factor: Confirms mineralization in a new area identified during prospecting.

- Negative factor: Grab samples are selective and not necessarily representative of overall mineralization.

Evidence · text

> 3.54 g/t Au

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-26)

McKenzie Gold Project · gold

#### Identity

- Project: McKenzie Gold Project
- Commodity: gold
- Region: canada\_on
- Reported Region: Ontario
- Ticker: NXS

#### Geometry

- Grade: 3.51
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This high-grade grab sample is a strong positive for exploration, confirming the presence of significant gold in a new area, though its representativeness is limited.

- Positive factor: Exceptional gold grade \(3.51 g/t Au\) from a grab sample, indicating high-grade surface mineralization.

- Positive factor: Confirms mineralization in a new area identified during prospecting.

- Negative factor: Grab samples are selective and not necessarily representative of overall mineralization.

Evidence · text

> 3.51 g/t Au

### MK-20-RC-006

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-27)

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

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2020-09-03T00:00:00.000Z

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows exceptional gold grade over a narrow width, which is a positive result for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Exceptional gold grade \(13.25 g/t Au\) over a narrow width, indicating high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 2.75m of 13.25 grams-per-tonne \(“g/t”\) gold \(“Au”\)

### MK-20-RC-006

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-28)

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

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2020-09-03T00:00:00.000Z

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating very high-grade gold, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(36.20 g/t Au\) over a narrow interval, indicating very high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 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-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-29)

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

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2020-09-03T00:00:00.000Z

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over an exceptional width, which is a strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Moderate gold grade \(1 g/t Au\) over an exceptional width \(55.5m\), indicating significant broad mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 55.5m of 1 g/t Au \(67.5m to 123m\)

### MK-20-RC-008

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-30)

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: 1.42
- Grade Unit: g/t
- Intercept: 16 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2020-09-03T00:00:00.000Z

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over a strong width, which is a positive result for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Moderate gold grade \(1.42 g/t Au\) over a strong width \(16m\), indicating significant mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 16m of 1.42 g/t Au

### MK-20-RC-008

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-31)

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: 2.37
- Grade Unit: g/t
- Intercept: 6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2020-09-03T00:00:00.000Z

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over a moderate width, which is a positive result for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Strong gold grade \(2.37 g/t Au\) over a moderate width \(6m\), indicating significant mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 6m of 2.37 g/t Au

### MK-20-RC-008

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-32)

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: 1.14
- Grade Unit: g/t
- Intercept: 9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2020-09-03T00:00:00.000Z

#### Dates

- Event date: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over a moderate width, which is a positive result for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Moderate gold grade \(1.14 g/t Au\) over a moderate width \(9m\), indicating consistent mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 9m of 1.14 g/t Au

### MK-21-DD-018

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-33)

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

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over an exceptional width, which is a strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Moderate gold grade \(1.01 g/t Au\) over an exceptional width \(56m\), indicating significant broad mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 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-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-34)

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: 1.84
- Grade Unit: g/t
- Intercept: 21.5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over a strong width, which is a positive result for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Moderate gold grade \(1.84 g/t Au\) over a strong width \(21.5m\), indicating significant mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 21.5m of 1.84 g/t Au

### MK-21-DD-018

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-35)

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: 3.3
- Grade Unit: g/t
- Intercept: 10 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a moderate width, which is a strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Exceptional gold grade \(3.30 g/t Au\) over a moderate width \(10m\), indicating significant high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 10m of 3.30 g/t Au

### MK-21-DD-018

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-36)

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: 23.1
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating very high-grade gold, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(23.1 g/t Au\) over a narrow interval, indicating very high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 1m of 23.1 g/t Au

### MK-21-DD-018

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-37)

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: 2.78
- Grade Unit: g/t
- Intercept: 37.6 m
- From: 77 m
- To: 115 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a strong gold grade over an exceptional width, which is a very strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Strong gold grade \(2.78 g/t Au\) over an exceptional width \(37.6m\), indicating significant broad high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 37.6m of 2.78 g/t Au \(77m to 115m\)

### MK-21-DD-018

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-38)

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: 4.05
- Grade Unit: g/t
- Intercept: 24.7 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over a strong width, which is a very strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Exceptional gold grade \(4.05 g/t Au\) over a strong width \(24.7m\), indicating significant high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 24.7m of 4.05 g/t Au

### MK-21-DD-018

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-39)

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: 7.01
- Grade Unit: g/t
- Intercept: 14 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating very high-grade gold over a strong width, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(7.01 g/t Au\) over a strong width \(14m\), indicating very significant high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 14m of 7.01 g/t Au

### MK-21-DD-018

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-40)

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

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating extremely high-grade gold, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(94.2 g/t Au\) over a narrow interval, indicating extremely high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 1m of 94.2 g/t Au

### MK-21-DD-019

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-41)

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

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over an exceptional width, which is a very strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Moderate gold grade \(1.25 g/t Au\) over an exceptional width \(136m\), indicating very significant broad mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 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-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-42)

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: 3
- Grade Unit: g/t
- Intercept: 44.9 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold grade over an exceptional width, which is a very strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Exceptional gold grade \(3.00 g/t Au\) over an exceptional width \(44.9m\), indicating significant high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 44.9m of 3.00 g/t Au

### MK-21-DD-019

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-43)

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: 5.25
- Grade Unit: g/t
- Intercept: 15.5 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating very high-grade gold over a strong width, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(5.25 g/t Au\) over a strong width \(15.5m\), indicating very significant high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 15.5m of 5.25 g/t Au

### MK-21-DD-019

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-44)

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: 1.82
- Grade Unit: g/t
- Intercept: 29.4 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical intercept shows a moderate gold grade over an exceptional width, which is a strong positive for the project's overall potential, but has low novelty as it's previously reported.

- Positive factor: Moderate gold grade \(1.82 g/t Au\) over an exceptional width \(29.4m\), indicating significant broad mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 29.4m of 1.82 g/t Au

### MK-21-DD-019

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-45)

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: 5.45
- Grade Unit: g/t
- Intercept: 6 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating very high-grade gold over a moderate width, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(5.45 g/t Au\) over a moderate width \(6m\), indicating very significant high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 6m of 5.45 g/t Au

### MK-21-DD-019

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-46)

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

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating extremely high-grade gold, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(59.8 g/t Au\) over a narrow interval, indicating extremely high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 1m of 59.8 g/t Au

### MK-21-DD-019

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-47)

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: 15.5
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating very high-grade gold, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(15.5 g/t Au\) over a narrow interval, indicating very high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 1m of 15.5 g/t Au

### MK-21-DD-019

[Link to this fact](https://atlas-staging.minestarters.com/news/nexus-gold-reports-initial-assay-results-from-december-drilling-at-the-mckenzie--0eada9c2-200b-4501-aff4-d98315ebb8f5#fact-drill-facts-48)

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: 26.7
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Deposit Type: orogenic
- Program: exploration
- Sample Type: drill
- Mining Method: unknown

#### QA/QC

- Laboratory: Activation Laboratories
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, field\_duplicates

#### Deleterious

- Deleterious Flag: No

#### 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: 2022-02-09T00:00:00.000Z

Reasoning: This historical bonanza-grade intercept is highly positive for the project's overall potential, demonstrating very high-grade gold, but has low novelty as it's previously reported.

- Positive factor: Exceptional bonanza grade \(26.7 g/t Au\) over a narrow interval, indicating very high-grade mineralization.

- Negative factor: This is a historical result, reducing its novelty.

- Negative factor: Narrow intercept length \(1m\) limits overall contained metal.

- Negative factor: True width not reported, potentially overstating the intercept length.

Evidence · text

> 1m of 26.7 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.