# Nexus Gold Completes Winter Drill Program at the Mckenzie Gold Project, Red Lake, Ontario

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--5e502034-9438-4577-80cd-4d6b50de5d15

Original source: https://money.tmx.com/en/quote/NXS/news/8650880402116250/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake-

Publisher: tmx

Original announcement: 2021-12-01T14:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Nexus Gold Corp.

- Ticker: NXS

- Exchange: TSX

- Region: Ontario

- Primary commodity: Gold

- Secondary commodities: Copper, Molybdenum, Zinc

- Document categories: Drill results

- Extracted: 2026-09-16 15:21:33 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Nexus Gold Corp. has completed its winter diamond drilling program at the McKenzie Gold Project in Red Lake, Ontario. While the 2,000-meter program is finished, assay results are currently pending review by the Qualified Person.

Reasoning: The announcement reports the completion of a drill program but explicitly states that assay results are pending. It provides historical context and high-grade grab sample data to maintain interest.

- Positive factor: Completion of winter drill program

- Positive factor: QA/QC protocols disclosed

- Positive factor: Accredited laboratory used

- Negative factor: No new assay results reported for the current winter program

Facts used in scoring: 6

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions certified gold reference standards, blanks, and field duplicates.

Evidence · text

> Certified gold reference standards, blanks and field duplicates are routinely inserted into the sample stream

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Mentions proximity to the Hasaga Project and its Indicated resource.

Evidence · text

> The Hasaga property is host to the past-producing Hasaga and Gold Shore Mines and is strategically located proximal to the Balmer-Confederation regional unconformity

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### MK-20-RC-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--5e502034-9438-4577-80cd-4d6b50de5d15#fact-drill-facts-0)

McKenzie · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MK-20-RC-006
- Project: McKenzie
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NXS

#### Geometry

- Grade: 13.25
- Grade Unit: g/t
- Intercept: 2.75 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2021-05-25T00:00:00.000Z

#### Dates

- Event date: 2021-12-01T00:00:00.000Z

Reasoning: Strong historical intercept reported.

- Positive factor: High grade intercept

Evidence · text

> MK-20-RC-006: 2.75m of 13.25 grams-per-tonne \(“g/t”\) gold \(“Au"\)

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### MK-20-RC-006

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--5e502034-9438-4577-80cd-4d6b50de5d15#fact-drill-facts-1)

McKenzie · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MK-20-RC-006
- Project: McKenzie
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NXS

#### Geometry

- Grade: 36.2
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2021-05-25T00:00:00.000Z

#### Dates

- Event date: 2021-12-01T00:00:00.000Z

Reasoning: High grade inclusion within a historical hole.

- Positive factor: Bonanza grade

Evidence · text

> including 1m of 36.20 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### MK-21-DD-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--5e502034-9438-4577-80cd-4d6b50de5d15#fact-drill-facts-2)

McKenzie · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MK-21-DD-018
- Project: McKenzie
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NXS

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 56 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2021-06-01T00:00:00.000Z

#### Dates

- Event date: 2021-12-01T00:00:00.000Z

Reasoning: Solid historical intercept.

- Positive factor: Significant width

Evidence · text

> MK-21-DD-018: 56m of 1.01 g/t Au \(13m to 69m\)

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### MK-21-DD-018

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--5e502034-9438-4577-80cd-4d6b50de5d15#fact-drill-facts-3)

McKenzie · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MK-21-DD-018
- Project: McKenzie
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NXS

#### Geometry

- Grade: 94.2
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2021-06-01T00:00:00.000Z

#### Dates

- Event date: 2021-12-01T00:00:00.000Z

Reasoning: Very high grade inclusion.

- Positive factor: Bonanza grade

Evidence · text

> 1m of 94.2 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### MK-21-DD-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--5e502034-9438-4577-80cd-4d6b50de5d15#fact-drill-facts-4)

McKenzie · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MK-21-DD-019
- Project: McKenzie
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NXS

#### Geometry

- Grade: 1.25
- Grade Unit: g/t
- Intercept: 136 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2021-06-01T00:00:00.000Z

#### Dates

- Event date: 2021-12-01T00:00:00.000Z

Reasoning: Broad historical intercept.

- Positive factor: Significant width

Evidence · text

> MK-21-DD-019: 136m of 1.25 g/t Au \(148m to 285m\)

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### MK-21-DD-019

[Link to this fact](https://atlas-extractions.minestarters.com/news/nexus-gold-completes-winter-drill-program-at-the-mckenzie-gold-project-red-lake--5e502034-9438-4577-80cd-4d6b50de5d15#fact-drill-facts-5)

McKenzie · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: MK-21-DD-019
- Project: McKenzie
- Commodity: gold
- Region: canada\_on
- Reported Region: canada\_on
- Ticker: NXS

#### Geometry

- Grade: 59.8
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### QA/QC

- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2021-06-01T00:00:00.000Z

#### Dates

- Event date: 2021-12-01T00:00:00.000Z

Reasoning: High grade inclusion.

- Positive factor: Bonanza grade

Evidence · text

> 1m of 59.8 g/t Au

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

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

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## 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.
