Nexus Gold has been granted a new work permit for its Bouboulou Gold concession in Burkina Faso.

Awarded for an initial period of three years, the licence can be renewed twice for a total term of nine years.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Nexus Gold president and CEO Peter Berdusco said: "The new permit puts Nexus in a favourable position with respect to our developmental timeline at Bouboulou and Burkina Faso in general.

“With numerous complex mineralised zones, this ensures that the property can be effectively explored, developed and advanced in all areas.

“In combination with our Niangouela project, this is an important advancement for the company and brings us a step closer to becoming a significant exploration and development company in West Africa.”

See Also:

Located 75km north-west of Ouagadougou, the Bouboulou exploration permit is spread over an area of 38.8km². 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"With numerous complex mineralised zones, this ensures that the property can be effectively explored, developed and advanced in all areas."

The Boromo-Goren greenstone belt hosts the Bouboulou exploration permit.

Nexus Gold has compiled historical data related to the permit, including airborne geophysics, rotary air blast (RAB) drilling, geochemical sampling, reverse circulation drilling, diamond drilling and the location of orpaillages.

The company has reported three coincidental geochemical and geophysical anomalous gold trends, based on the data collected. 

The three trends, each having a length of 5km, are identified by numerous orpaillages and geochemical samples of more than 1g per tonne gold. Bouboulou exploration permit contains numerous artisanal workings.

Nexus Gold is focused on two gold projects in Burkina Faso, which are the 38km² Bouboulou exploration permit and the 178km Niangouela gold concession.