Nexus Gold Corp. reported initial results from its recently completed phase one Reverse Circulation maiden drill program at its 100%-owned Dakouli 2 gold exploration permit located in central Burkina Faso, West Africa. The RC program at the 9,800-hectare (98-sq kms) concession consisted of 2,914 meters of exploratory drilling. The program was designed to test several areas that have returned either high gold values from rock samples or coincidental soil geochemical and geophysical anomalies proximal to artisanal workings termed orpaillages. Significant results were encountered in hole DKL-20-RC-007, which returned 4.83 grams-per-tonne ("g/t") gold ("Au") over 20 meters, including 14.51 g/t Au over 6m (also including 39.6 g/t over 2m). Other significant results were realized in hole DKL-20-RC-009, which returned 1.61 g/t Au over 10 meters, including 4.11 g/t Au over 2 meters, and DKL-20-RC-010, which returned 1.89 g/t Au over 8 meters, including 6.54 g/t Au over 2 meters. In addition, several holes returned lengthy intercepts of sub-one gram gold, including DKL-20-RC-006 which returned .33 g/t Au over 36 meters, including .59 g/t Au over 18 meters, and DKL-20-RC-002 which returned .64 g/t Au over 16 meters. The gold mineralization encountered in the Northeast zone consists of disseminated sulfides, containing pyrite, chalcopyrite, galena, and particles of visible gold. The mineralization occurs at or proximal to contacts between clastic sedimentary rocks and Mafic volcanics rocks. The mineralized zones are part of pervasive hydrothermal alteration developed in these highly strained sedimentary and volcanic rocks. The company is interpreting the foliation observed in the RC chips as being loosely sub-parallel to the dominant foliation fabric of the Sabce shear zone. Assays are pending for the remaining six holes and the Company will report those results once received, reviewed, and verified. The RC drill cuttings were bagged in the field and then taken to a secure compound where the intervals were split using a riffle splitter with one split being placed in a tagged 3-mil poly plastic bag. The samples were then shipped by Company vehicle to the ALS Global Geochemistry Lab located 100 kilometers south in the capital city of Ouagadougou. ALS Global is an ISO certified laboratory and is independent of Nexus Gold Corp. and its subsidiaries. The maiden Dakouli drill program was designed to initially test depth extensions of geochemical gold anomalies identified through termite mound sampling, soil gold geochemistry which identified three trends intersecting the property (see Company news release dated June 11, 2019), and finally rock geochemistry which has returned higher grade gold results from selective grab samples extracted from Artisanal mining areas. The Dakouli 2 permit is located on the Goren greenstone belt, proximal to Nordgold's Bissa Mine, and is bisected by the gold bearing Sabce shear zone. The Dakouli 2 exploration permit is a 98-sq km (9,800 hectares) gold exploration property located approximately 100 kilometers due north of the capital city Ouagadougou. In late 2018 Company geologists conducted a comprehensive ground reconnaissance program to the west and south of the main orpaillage (artisanal zone) and identified new near surface workings being exploited by artisanal miners. Rock samples collected from these new zones contained various concentrations of visible gold, including coarse nuggety samples. Follow up work outlined an anomalous zone extending some 500 meters west from the sample zones. Based on those results the Company initiated a 150-line kilometer soil geochemical survey covering the northern half of the Dakouli 2 property and southern portions of the contiguous Niangouela property. This survey identified three prominent gold geochemical trends. The primary gold trend parallels the Sabce fault zone and extends for approximately 10 kilometers in a northeast-southwest direction and bisects the property from the north east corner of the property to its western boundary. The Sabce fault hosts multiple deposits including Nordgold's 3.4M oz Bissa Mine, located approximately 25km east of the Dakouli ground. Two secondary gold trends which extend for approximately 6.5 kilometers each are oriented in a northwest to southeast direction and bisect the primary trend. All three gold geochemical trends are coincidental to geophysical trends identified from the national regional airborne geophysics. To date, 40 samples have been collected at the Dakouli concession, with 20 returning assay values greater than 1 g/t Au, and 11 assaying greater than 10 g/t Au, with significant values as high as 98.9 g/t Au. The Dakouli 2 permit lies immediately south of, and contiguous to, the Company's Niangouela Gold Concession, which has been explored over the past three years. Drilling at Niangouela has returned significant intercepts, including 26.69 g/t Au over 4.85m, including 132 g/t Au over 1m, and 4 g/t Au over 6m, including 20.5 g/t Au over 1m.