Nexus Gold

Name

Nexus Gold

Legal name

Nexus Gold Corp.

Website

https://nxs.gold

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Gold Exploration

NAICS

Gold Ore and Silver Ore Mining (21222)

SIC

Metal Mining (1000), Gold And Silver Ores (1040)

akta.pro industry

PRIMARYIMAKAEAI

Precious Metals Exploration & Project Development

Industrials, Manufacturing & Construction/Metals & Mining/Precious Metals Mining & Refining (Gold, Silver, Platinum Group)

Keywords

• Gold exploration
• Mineral exploration
• Gold mining
• West Africa mining
• Burkina Faso gold

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Others

Revenue model

1. Pre-Revenue Exploration Stage: The company is pre-revenue and currently in the exploration and development phase. It generates capital through equity financings including private placements, debt settlements, and may eventually generate revenue through joint ventures, earn-in agreements, or production from its gold exploration projects.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Nexus Gold Corp. is a publicly traded international gold exploration and development company holding multiple exploration projects in Burkina Faso, West Africa, including the Bouboulou (38.8 sq km), Rakounga (250 sq km), and Dakouli 2 (198 sq km) gold concessions. The company conducts mineral exploration using industry-standard techniques including reverse circulation (RC) drilling, diamond drilling, soil geochemical surveys, geological mapping, and airborne geophysics to identify and evaluate gold mineralized zones on proven and prolific greenstone belts. The company is pre-revenue and in the exploration and development stage.

Product overview

Nexus Gold is an international gold exploration and development company focused on West Africa. The company holds multiple exploration projects in Burkina Faso, including the Bouboulou Gold Concession (38.8 sq km), Rakounga Gold Concession (250 sq km), and Dakouli 2 Gold Concession (198 sq km). These projects target orogenic gold deposits in shear zones on proven and prolific greenstone belts.

Differentiator

Problem solved

Functional benefit

Products and services

• Bouboulou Gold Concession A 38.8 square kilometer gold exploration permit located approximately 75 kilometres north-west of Ouagadougou, Burkina Faso. Features five drill-tested mineralized zones (Koala, Rawema, Bouboulou 1, Bouboulou 2, and Pelatanga) and three defined 5km gold trends. Located on the Boromo-Goren greenstone belt, bisected by the Sabce shear zone which hosts numerous artisanal workings along its 120-kilometre length and the Bissa Hills deposit presently being mined by Nordgold.
• Rakounga Gold Concession A 250 square kilometer gold concession contiguous to the Bouboulou concession, bordering it on the west and south sides. Hosts multiple active artisanal mining zones (Koaltenga, Gounga, Porphyry) and the Bouboulou 1 gold showing which is the southern extension of the Bouboulou 2 trend. Bouboulou 1 is an active orpaillage with shaft workings extending down approximately 80 metres.
• Dakouli 2 Gold Concession A 198 square kilometer property located immediately south of the Company's 178-sq km Niangouela concession in Burkina Faso. Features bonanza-grade gold values from sampling, including 2,950 grams-per-tonne gold, 403 g/t Au, and 49.8 g/t Au. Located on proven and prolific gold belts in West Africa.

Quantifiable outcome

• Bouboulou property potential: PR and KB trends could host 20-40 million tonne deposits at 1-3 g/t Au; B2 trend could host 5-7 million tonne deposit at 5-7 g/t Au

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Five partnerships are on record, tiered major, minor and core.

• Kruger Gold Corp.majorChannel Partner/ Reseller/ Distributor · 4 December 2019Property option agreement granted Kruger Gold Corp. the right to acquire a 75% interest in the Rakounga Gold Project (250 sq km) by completing cash payments totaling Cdn$1,000,000 and incurring expenditures of at least Cdn$1,250,000 in development over a five-year term. Kruger assumed responsibility for all operations on the Rakounga Project.
• Rimini Exploration & ConsultingminorImplementation/ SI/ Consulting Partner · 1 January 2019Geological consulting firm engaged for the McKenzie Gold Project in Red Lake, Ontario. Conducted data compilation, prospecting programs, and provided technical oversight for exploration activities.
• Belemyida SAcoreOthersUnderlying owner of the Rakounga Project. Nexus Gold maintains the underlying option agreement with Belemyida SA requiring US$370,000 in payments ending November 30, 2024, and issuance of 750,000 common shares ending August 30, 2021. The project is subject to a 1% net smelter returns royalty in favor of Belemyida SA.
• Sandstorm Gold Ltd.minorOthersRoyalty holder on the Rakounga Project with a 1% net smelter returns royalty. Following Kruger's acquisition of an interest, Kruger agreed to take responsibility for a portion of the Sandstorm royalty based on its proportionate interest in the project.
• Falcon Drilling Burkina Faso S.A.R.L.minorImplementation/ SI/ Consulting PartnerDrilling contractor engaged for exploration programs at the Bouboulou Gold Concession. Falcon has prior experience drilling for other resource companies in Burkina Faso including Roxgold Inc and True Gold Mining.

Scale indicators3 records

Recent moves8 records

Expansion highlights4 records

Broad incumbents

• B2Gold Corp. B2Gold operates the Fekola mine in Mali and the Otjikoto mine in Namibia, and has historically acquired junior West African developers. Comparable as a mid-tier acquirer for early-stage Burkina Faso projects with district-scale potential.
• IAMGOLD Corporation: IAMGOLD operates the Essakane gold mine in Burkina Faso and has historically explored the same Boromo-Goren greenstone belt that hosts Nexus's Bouboulou concession. As a mid-tier producer, IAMGOLD represents a likely strategic acquirer or earn-in partner for Nexus's assets.
• Endeavour Mining: Endeavour Mining is the largest gold producer in Burkina Faso (following the True Gold and SEMAFO acquisitions) operating multiple mines on the same greenstone belts as Nexus. Endeavour is the dominant strategic acquirer and earn-in partner for junior explorers in the country.

Direct peers

• Nordgold: Nordgold operates the Bissa and Boussouma mines directly along the Sabce shear zone that hosts Nexus's Bouboulou concession, making it the most relevant neighboring operator. Nordgold is also a serial acquirer of juniors in Burkina Faso, providing a clear M&A template for Nexus.
• Orezone Gold Corporation: Orezone is a Canadian-listed junior advancing the Bomboré gold project in Burkina Faso on the same greenstone belts where Nexus holds its Bouboulou, Rakounga, and Dakouli 2 concessions. Both companies share the Burkina Faso operating environment, the same orogenic gold deposit model, and target retail/institutional investors through TSX listings.
• Cardinal Resources: Cardinal Resources developed the Namdini gold project in Ghana and was ultimately acquired by Shandong Gold; it exemplifies the junior West African gold developer M&A pathway that Nexus could pursue. Comparable size, single-jurisdiction focus, and orogenic gold targeting.
• True Gold Mining: True Gold Mining (now part of Endeavour Mining) advanced the Karma gold project in Burkina Faso and engaged the same drilling contractor (Falcon Drilling Burkina Faso) that Nexus uses at Bouboulou. Comparable jurisdiction, deposit type, and exploration stage profile.
• Roxgold Inc. Roxgold was a West African-focused gold explorer-developer that advanced the Bissa and Yaramoko mines on Burkina Faso greenstone belts directly adjacent to Nexus's Bouboulou concession. Nexus VP Exploration Warren Robb served as Roxgold's Chief Geologist, providing direct operational overlap in targets and methodology.

Others

• Boliden AB: Boliden is referenced as a historical operator that generated some of the 7,000+ assays and drill data now in Nexus's exploration database on the Bouboulou concession. It functions as a prior exploration data source rather than a direct competitor.

Emerging players

• Riverstone Resources: Riverstone Resources was a historical operator on the Bouboulou concession referenced in Nexus's exploration database. As a prior operator of Nexus's ground, it provides a direct historical comparator for what third parties found on the same property.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/NexusGoldCorp
• YouTubeyoutube.com/channel/UCCdKex6OSE_wyyj07m_Itrw
• Facebookfacebook.com/NexusGoldCorporate
• LinkedInlinkedin.com/company/nexusgoldcorp
• Instagraminstagram.com/nexusgoldcorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nexus Gold