Nexus Gold Completes Drilling at Niangouela NEXUS GOLD COMPLETES RAB DRILLING AT NIANGOUELA GOLD CONCESSION, BURKINA FASO, WEST AFRICA Nexus Gold Corp. (NXS.V) has completed its previously announced RAB (rotary air blast) drilling program at the 178-square-kilometre Niangouela gold concession, Burkina Faso, West Africa. The RAB drill program consisted of 30 holes totaling 802 meters and was conducted in a grid pattern to test the orientation and extent of a previously identified primary quartz vein. Historical assays of 5.93 g/t Au, 4.83 g/t Au, and 4.12 g/t Au over sample lengths of 2.0 metres respectively have been returned from trenching over the vein. In addition recent rock samples taken from the dumps of local artisanal miners currently working the vein returned 2.49 g/t Au. The program was designed to test the top 30 meters of saprolitic rock. Samples were collected over three meter intervals and were shipped to Actlabs in Ouagadougou, Burkina Faso.

'We are really pleased with the speed and efficiency of this RAB program. The material we observed from the drilling allows us to roughly trace the trend of this vein.

Once we get the assays back we hoping to identify potential shoots of higher grade mineralization,' states Senior Geologist Warren Robb, P.Geo. About the Niangouela Gold Concession The Niangouela concession is located on the Boromo Greenstone Belt, same as the Company's Bouboulou Gold Concession, and is proximal to the Kalsaka deposit and the Sabce shear zone. It is road accessible and has one major orpaillage (artisanal workings). To date 556 pits and 11 trenches have been excavated, and rock and soil samples have been taken. A total of 1,137 samples have been collected. Previous programs have identified a zone which runs ENE and WSW occurring in the south central part of the concession.

Nexus (NXS) is a top 70 coin. Take a look at the chart below. Will be sold and replaced periodically to prevent a decrease in income due to increased mining.

This zone has returned gold in soil samples up to 34 g/t Au, rock samples have returned values up to 18 g/t Au, and trenching has returned values of 4.85 g/t Au over 10 meters. About Burkina Faso Burkina Faso is a landlocked nation, located in West Africa. It covers an area of roughly 274,000 square kilometres and has an estimated population of more than 16 million people. The country has a stable political setting with a pro-mining and foreign investment stance. Burkina Faso is the fastest growing gold producer in Africa, and was the 4th largest gold producer in Africa in 2012. Eight new mines have been commissioned there over the past six years. The country has excellent geological potential.

The Greenstone Belts that host all of the major deposits in Ghana and Cote d'Ivoire continue northward into Burkina Faso. Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining under explored in comparison to neighbouring Ghana and Mali; both of which host world class gold mines in the same belts of Birimian rocks. About the Company Nexus Gold Corp. Is a Vancouver-based gold exploration and development company operating in some of the world's premier mining districts. The Company is currently concentrating its efforts on two gold projects located in Burkina Faso, West Africa.

The Bouboulou gold concession is a 38-sq km advanced exploration target where previous drilling has confirmed multiple zones of gold mineralization, and the Niangouela gold concession, a 178-sq km project featuring numerous historical gold occurrences. For more information on these projects, please visit the company website at Warren Robb P.Geo., Senior Geologist is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release. Identifies High Grade Gold Mineralization at Niangouela Reports 2,950 g/t Gold - Plans More Drilling Nexus Gold Corp.

(TSX-V: NXS, OTC: NXXGF, FSE: N6E) announced it has received geochemical results from Actlabs Burkina Faso SARL, an ISO 9001:2008 certified independent lab, from its initial exploration program at the Niangouela Gold Concession located 60 kilometres north of Ouagadougou, Burkina Faso, West Africa. The highlights of the program include sample NG005 taken from the primary quartz vein at 46 metres below surface which returned a value of 2,950 g/t gold. In addition, sample NG006 was collected from the artisanal dumps of the sheared intrusive which returned a value of 23.9 g/t gold. These results indicate the presence of high-grade gold occurring within the primary quartz vein and the sheared intrusive envelope. These samples were selected and may not be representative of the mineralization hosted on the concession. NEWS - Reports More High Grade Mineralization Assays 403 g/t Gold From Quartz Vein New Visible Gold Clusters – Upcoming Diamond Drill Program Nexus Gold Corp.

(NXS.V) reported that it has received gold assays from five further samples taken from its Niangouela gold project located in Burkina Faso, Africa. The Company’s exploration team returned to the property in early January 2017 to further investigate the main quartz vein on the Niangouela permit.

During this visit the Company’s geologists recovered quartz vein material from two separate shafts currently being exploited by artisanal miners (orpilleurs). Sample NG007, which was taken from material extracted from the eastern shaft and from a depth of approximately 60 meters, returned values of 403 grams per tonne gold. The sample consisted of several fragments of quartz vein material containing host rock inclusion, and containing steaks and blebs of coarse visible gold. Sample NG008 was taken from the western shaft, 10 to 12 metres west of the eastern shaft. This sample consisted of a single large piece of primary quartz vein containing host rock inclusions and also showed a cluster of visible gold. NG008 returned values of 49.8 grams per tonne gold. The samples were analysed by Actlabs Ouagadougou an independent ISO 9001 certified laboratory.

Samples NG007 and NG008 underwent a metallic screen analysis whereby a representative 500 gram split is sieved at 100 mesh (149 micron) with assays performed on the entire +100 mesh and two splits (A and B in the table below) of the -100 mesh fraction. A final assay is calculated based on the weight of each fraction. Sample Au + 100 mesh g/mt Au - 100 mesh (A) g/mt Au - 100 mesh (B) g/mt Total Au g/t NG007718376371403 NG00885.64648.549.8 Three additional samples were collected and underwent conventional fire assaying at Actlabs. Sample NG009, a sample of sheared intrusive taken from the eastern shaft, returned 4.29 grams per tonne gold. Sample NG010, a sample of dump material consisting of sheared volcanic sedimentary rock, returned 0.113 grams per tonne gold.

Sample NG011, from the primary quartz vein taken from a surface dump, returned 14.3 grams per tonne gold. “These samples from the vein and elsewhere continue to confirm the presence of high grade gold at Niangouela,” said President and CEO, Peter Berdusco. “We are seeing an abundance of visible gold and some significant assay values.' “The presence of visible gold is always encouraging and it will be really exciting to see what type and thickness of drill intercepts we uncover with a drill program” said Senior Geologist, Warren Robb.

The presence of coarse visible gold requires that the Company review the material it is analyzing in order to understand the size and the distribution of gold particles within the primary quartz vein. This information will assist the Company’s geological staff in selecting the appropriate analysis technique to determine future grade and tonnage estimates.

The Company is currently planning a comprehensive diamond drill program to test the primary quartz vein at depth and along strike. The Company also announces that it will grant 1,800,000 incentive stock options to directors, officers and consultants of the Company.

The options will be exercisable at a price of $0.16 for a period of five years. The grant remains subject to the approval of the TSX Venture Exchange.

About the Niangouela Gold Concession The 178 sq km Niangouela gold concession is located on the Boromo greenstone belt (as is the Company's Bouboulou gold concession), and is proximal to the Kalsaka deposit and the Sabce shear zone. It is accessible by road and has one major orpaillage (artisanal workings). In December 2016 the Company conducted an 802m rotary air blast (RAB) drill program that delineated a 1,000-metre quartz vein and a 500-metre secondary strike, running oblique to the main vein.

This vein has now been identified in trenches, artisanal workings and RAB drilling. It remains open in all directions.

Two samples were collected at this time. Sample NG005 was taken directly from the primary quartz vein at 46m depth, accessed via an artisanal mining shaft. As reported in the January 11, 2017 company news release, this sample returned a value of 2,950 g/t gold. Sample NG006 was collected from the artisanal dumps of the sheared intrusive and returned a value of 23.9 g/t gold. Historical exploration at Niangouela consists of 556 pits and 11 trenches, with numerous rock and soil samples. Previous programs have identified a zone which runs ENE and WSW in the south central part of the concession. This zone has returned gold in soil samples of up to 34 g/t Au.

Rock samples have returned values of up to 18 g/t Au and trenching has returned values of 4.85 g/t Au over 10 meters. Historical assays of 5.93, 4.83 and 4.12 g/t Au over sample lengths of two metres have been returned from trenching over the vein. About Burkina Faso Burkina Faso is a landlocked nation, located in West Africa. It covers an area of roughly 274,000 square kilometres and has an estimated population of more than 16 million people. The country has a stable political setting with a pro-mining and foreign investment stance.

Burkina Faso is the fastest growing gold producer in Africa, and was the 4th largest gold producer in Africa in 2012. Eight new mines have been commissioned there over the past six years.

The country has excellent geological potential. The Greenstone Belts that host all of the major deposits in Ghana and Cote d'Ivoire continue northward into Burkina Faso.Burkina Faso has undergone less than 15 years of modern mineral exploration, remaining under-explored in comparison to neighbouring Ghana and Mali; both of which host world-class gold mines in the same belts of Birimian rocks. Warren Robb P.Geo., Senior Geologist is the designated Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information contained in this release.

NXS Daily Chart As things stand, NXS is priced at $8.93. At the start of December, the coin went for just $1.50 a piece and a market capitalization of around $83 million. This latter figure, market cap, is now up at $490 million.

Over the last twenty-four hours alone, we’ve seen NXS run more than 90%. So why do we like this one and what’s coming next? Let’s take a look.

First up, a quick introduction. The company describes itself as follows: a decentralized currency project looking to distribute networks fairly worldwide via infrastructure such as cube satellites in space.

Forget that space thing for a moment. Towards the end of last week, we took an objective look at the action we were seeing in the cryptocurrency markets and tried to pick out a few coins that we felt had the biggest potential for turnaround once the markets recovered. As anyone who caught our coverage will already be aware, one of our top picks (and the one that we suggested was probably the most secure coin outside of the majors) was Ripple (XRP). Our thesis was relatively simple. Ripple had tanked in line with wider markets but, unlike many of its competitor coins and peers in this space, the company behind the currency had been pushing forward from an operational perspective and was making some real headway in terms of enterprise-level adoption of its flagship technology. XRP Daily Chart In turn, we suggested that this divergence (between the company’s operational developments and the price of XRP, its representative token) represented a real opportunity to pick up some cheap coins in anticipation of the gap closing out. And as it turns out, we were spot on.

At the time of our coverage, XRP had dipped as low as $0.63 a piece. Remember, this is a coin that was trading in excess of $3 just a few weeks ago. Then, late on Friday,.

For those that didn’t catch the news, Santander announced in its quarterly review that the company would be rolling out a mobile device application this year that will support free, instant cross-border transactions for its users in Spain, Brazil, the U.K. And the technology on which the application rests? 1th Electra ECA Miner. Ripple’s xCurrent, of course. Ripple chief executive Brad Garlinghouse announced the move to his followers on Twitter, noting that the app will be released this quarter, and Santander followed up the announcement with a dedicated section in its quarterly presentation, with a spokesperson saying: “We plan to launch this in the next few months, and we can confirm on the record that we plan to use xCurrent in the project.” There’s no denying it – this is a really big deal for Ripple.

Indeed, it’s a big deal for the cryptocurrency space as a whole. For the first time, an incumbent in the financial sector has taken a blockchain based technology and bundled it into a use case that’s aimed at the general public, as opposed to being aimed at another financial institution. To put this another way, Ripple has finally been able to bridge the gap between the bleeding edge of blockchain technology and the mainstream general public. So where do things go from here? Well, this is one example of Ripple’s pilot programs coming to fruition.

That is, making the jump from pilot program to commercial application. With a large number of these programs ongoing, this latest news reinforces the suggestion that there’s real value in the ongoing programs and that they will likely bridge through to commercial use once the programs in question complete. It’s important to note that XRP won’t play a role in the Santander application – at least not initially – but this isn’t too much of a big deal.

It’s a major vindication of the company’s ability to score big-name partners and, for us, is a strong signal that Ripple remains one of the top recovery plays in the market right now. We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Ripple.

The cryptocurrency markets have taken a real beating over the last couple of weeks and especially throughout this week, with many of the major coins (bitcoin, Litecoin, etc.) trading at a more than 50% discount to their price just a few days ago. This, of course, has translated to a real weakening of sentiment and the confidence that many of the later entrants had in their (arguably late entry) positions has all but dried up. People are exiting the market in spades and the selloff is resulting in a further weakening of price. This, in turn, is translating to more panic and an increased number of market exits and so on and so on. This sort of action will be familiar to many.

It’s a self-fulfilling spiral that compounds sentiment and it’s essentially the opposite of what caused bitcoin and its peers to run up into the end of last year. Late entrants forming weak and fundamentally inaccurate biases and responding to these biases by pulling the trigger. In November and December, it was a trigger pulled on a buy position. In January, the trigger is being pulled on a sell. The thing is, now is not the time to sell.

Sure, markets got overexcited at the end of last year and some coins ran up farther than they perhaps might have done if the crypto space had of remained under the radar. Sure, the entry of a futures market and the concurrent wave of media coverage that came with bitcoin shifting into the mainstream consciousness perhaps created a buying frenzy which, in turn, pushed prices above and beyond sustainable levels. BTC Daily Chart When this happens, however, we generally see a correction, a bottoming out, some degree of rationality return to a market and, in turn, a return to the overarching trend which, in this case, very much remains to the upside.

People forget that Bitcoin (BTC) was trading below $900 this time last year. Litecoin (LTC) was at $5 twelve months ago. Some of the more functional tokens, things like Ripple (XRP), were trading for fractions of a penny. Many didn’t even exist. What we’re trying to say here is that the vast majority of coins that exist in today’s market and that are down circa 50% or so on early month January highs remain up thousands of percentage points on their respective twelve-month pricing.

Put things in perspective, then, and you see that this pullback is a natural correction on an overheated market and one that simple serves up a long overdue return to sensibility, as opposed to any indication that the cryptocurrency run has come to an end. For those who need a bit of persuasion, look at this space as if it’s a thirty-year trend, a long-term technological shift.

We’re less than a decade into it and while exuberance led to the space running away with itself a little, the excitement is now reigned in and the industry can resume on the path towards changing the technological (and indeed, global industrial) landscape of the future. Bottom line: let the panic sellers exit their positions cheap and, if you’ve got the capital, pick up some cheap coins as they unload. When things return to normal, the same sellers will be scrambling to buy back their coins and will be forced to do so at a premium to the rice at which they’re unloading them right now. We will be updating our subscribers as soon as we know more. For the latest on Bitcoin, Ripple and Litecoin, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of Global Coin Report Archives. 2017 saw a massive increase in awareness of cryptocurrency thanks to the huge increase of Initial Coin Offerings (ICOs). Investors swarmed the numerous new coins available, making it the must-have investment product of the year (well, up until the end that is.) The reason for its success and failure as an investment tool is due to the simple fact that the coins were meant to be used in daily life – all that was missing is the infrastructure needed to make it easy.

Yet The Current System Doesn’t Work However, there are two issues surrounding utilizing cryptocurrency in daily life. The first is that few retailers accept cryptocurrency at all. The second is that those who do accept these digital currencies typically only accept one out of the dozens of varieties available. Meaning it is possible to have a fortune of cryptocurrency in your pocket and be unable to spend a single penny of it.

Bitcoin, Litecoin, Ethereum, and more are being actively traded every day with new coin systems being minted just as quickly. With an estimated total market capitalization of $660 billion, there is a great deal of opportunity for ICOs to help spur the next stage of consumer spending and economic growth, but ICOs will have to bridge the divide between digital and physical. How can we solve this challenge? Take MoxyOne, for example. It was founded with the simple goal of providing the infrastructure needed to help ICOs make the transition from an investment vehicle to viable currency. For its part, MoxyOne provides white-label services for companies seeking to offer a complete cryptocurrency solution for their investors and clients. This includes a “banking” solution that makes spending the coins as easy as swiping the provided debit card.

Beyond working with other coin platforms, MoxyOne is also offering its own cryptocurrency known as SPEND tokens, offered for distribution through the respectable Cryptopia exchange platform. More platforms are coming soon, as well.

MoxyOne’s Exchange Listing Consultant Rick Kennernecht is working to secure new partnerships with a wide variety of exchange platforms such as EtherDelta. Recent successes in this endeavor include a partnership with the Decentralized Social Networking Platform Social (SCL).

How to Integrate Digital Wallets with Physical Debit Cards By using the latest in digital wallet technology, MoxyOne has made it possible to securely handle transactions worldwide wherever debit and credit cards are accepted. All the end-user needs to do is install the app and activate the card – from there it is as simple as managing a traditional bank account, without the fees. This works through the implementation of Just In Time Funding (JITF) which allows for the instant sell of cryptocurrency into the required traditional currency as the user spends it.

This means that the greatest hassle involved in modern cryptocurrency – using it in the real world – has been eliminated in a way that is completely seamless for the end-user. The only fee incurred is the traditional platform exchange fee built into all cryptocurrency platforms. This platform will be released in early 2018, with a pre-sale beginning February 8, 2018, and ending on March 10, 2018.

The public ICO starts March 14, 2018, until April 14, 2018. MoxyOne will leverage Raiden Network’s micropayment technology for speed and Gladius’ DDoS technology for stability and overall security. Long-term goals will include integrating with the COMIT network for increased blockchain interoperability and overall access. In addition to JITF, we enable individual organizations and buyers to obtain the cryptocurrency directly from the holder.

In addition to receiving the coins, a number of extra tokens will be provided to cover any extra expenses. This will help grow the platform and incentivize end users to utilize every feature of the MoxyOne platform. Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.