WELCOME ON BOARD

Today there are thousands of junior mining companies to invest in. With the recent rebound in metals and gold in particular, investor taste for these kinds of investments have turned positive. Prudent and contrarian investors know all to well that these kinds of investments run in cycles. Knowing these cycles there is no doubt that the world has seen the bottom of the bear cycle and the time to look at investing in these types of investments is now. Investors who understand this will be active in evaluating companies and projects that have a lot of positives and this is a category that Nexus Gold is in.

Here is some good reasons to have Nexus Gold on your investing radar.

Location! Mining friendly West Africa.
Has 100% drilling rights of a highly prospective area in Africa.
Past drill results showing extremely high grades.
Some of the worlds largest producing gold mines in the immediate area in Africa.
Has the potential to become another True Gold or Roxgold story

Gold Discovery in Burkina Faso - Nexus Gold Corp

Nexus Gold Corp. is a Vancouver-based gold exploration and development company operating in some of the world’s premier mining districts. Nexus 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.

The 2000 metre phase one diamond drill program at Bouboulou will target previously identified mineralized zones at the property, namely Bouboulou 2, Pelatanga, and Rawema. In addition, the Company will test the Koala zone, where recent samples ran as high as 66 grams-per-tonne (“g/t”) gold (“Au”), and the newly identified Rawema West zone.

The Niangouela gold concession is a 178-sq km project featuring high grade gold occurring in and around a primary quartz vein 1km in length and associated shear zone.

NEXUS GOLD PROJECTS

The Niangouela exploration permit covers 178 square kilometres and is located on the Boromo Greenstone Belt, same as the Company’s Bouboulou gold concession. It is proximal to the Kalsaka deposit and the Sabce shear zone. The property is road accessible and has one major orpaillage (artisanal workings).

The first holes Nexus drilled at Niangouela returned 26.69 g/t over 4.85 meters, at only 57 meters below surface, what geologists consider a “mineable intercept”

The Bouboulou gold concession features numerous near surface gold occurrences of both length and grade, as highlighted by historical drill results (40m of 1.54 g/t, including 20m of 2.25 g/t; 35m of 2.2 g/t, including 12m of 5.45 g/t; 10m of 2.84 g/t, including 2m of 12.45 g/t; 4m of 12.53 g/t). The property contains three distinct gold trends, each extending 5000 metres (5km) in length. The property was previously explored by Riverstone Resources and Roxgold Inc.

NEXUS GOLD CORP. MANAGEMENT PROCESS

When it comes to foreshadowing the future of Nexus Gold Corp (CVE:NXS), Chairman and COO Alex Klenman has seen a lot in his experiences throughout the different stages of this rising Vancouver-based mineral exploration company. In an exploration game, the Nexus leader has his sights set on short-term success, and with a powerful geological team under the company’s domain, the Chairman is always seeking the next “high reward” game-changer.

This is not a fool’s gold opportunity, and Klenman will be the first to tell you of Nexus’ challenges as well as its triumphs. Momentum is on this gold company’s side, between a wealth of differing backgrounds behind the team, “astronomical” returns in new areas of modern exploration in West Africa, and the funds to back up ambitious future projects that lie ahead.

Nexus is focused on developing projects and moving the programs into definition drilling to determine the size and scope of the mineralization. The goal of any company like Nexus is to get to a resource estimate once you’ve made a discovery or acquired an early stage prospect.

Nexus is targeting West Africa for some key mining prospects, with two projects mid-development in Burkina Faso: Niangouela and Bouboulou gold concessions. Both are highly anticipated projects. Niangouela has really jumped to the forefront. Nexus has gone from acquisition to discovery in just four short months.

Nexus’s follow-up drill program- the first ever at Niangouela- hit gold in eight of the first nine holes, including some high-grade intercepts. So, a fantastic start by any standards.

Nexus COO Alex Klenman has stated that Nexus will be getting to it’s other project Bouboulou shortly. It’s a prospect that has already had numerous exploration programs performed there and some significant gold intercepts have already been obtained.

Bouboulou was Nexus’s primary focus until Niangouela sort of stole the spotlight with amazing early results. It’s important to understand Bouboulou is farther along the developmental path. Bouboulou may be a smaller land package, but a more proven one as several exploration programs and drill programs were already performed on the concession.

The next steps are to just go in and confirm the historical results in place- then expand the mineralized zones. According to all the historical data Nexus has acquired, there are three large trends on the property and each one is sne;"> uggestive of types of deposits. Nexus’s goal would be to confirm or prove what we believe the data shows.

Nexus also retains a top technical team led by P. Geo. Warren Robb, who knows Burkina Faso well having previously served as Chief Geologist for Roxgold where he supervised field exploration and diamond drilling on the Yaramoko gold discovery.

Late in 2016, Nexus closed on a district-scale size land package located in the heart of the Boromo greenstone belt. The Niangouela concession is fully accessible by road and located just southwest of Nordgold’s flagship Bissa-Bouly mines, which collectively produced 214,000 ounces of gold in 2016.

Led by Robb’s intimate knowledge of the region, the Company got right to work at Niangouela mapping, sampling and completing the first ever drill program on the concession.

- Four of the first five drill holes intersect gold

- Hole RC-001 returns 26m of .82 g/t Au, including 2m of 4.11 g/t Au

- Hole RC-002 returns 32m of 1.01 g/t Au, including 2m of 5.65 g/t Au

- Hole RC-003 returns 6m of 1.06 g/t Au & Hole RC-005 returns 4m of 1.38 g/t Au

Vancouver, Canada / TheNewswire / November 16, 2017 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS, OTC: NXXGF, FSE: N6E) is pleased to announce assay results from the first five reverse circulation ("RC") drill holes conducted at the Rakounga gold concession, located 109 km north of Ouagadougou, Burkina Faso.

Gold mineralization was intersected in four of the first five holes drilled on the property. Significant results were returned from holes RKG-17-RC-001 and RKG-17-RC-002, which returned extended intercepts of 26 metres grading 0.82 grams per tonne ("g/t") gold ("Au"), including two metres of 4.11 g/t Au, and 32 metres of 1.01 g/t Au, including two metres of 5.65 g/t Au, respectively.

The current drill program is designed to test the mineral bearing potential of the artisanal workings (orpaillages) referred to as Koaltenga, Porphyry and Gounga. All five holes targeted the Koaltenga zone, an approximately 800m long active orpaillage.

Results of the first five RC holes at Rakounga are tabled below:

DRILL HOLE	DIP	FROM (metres)	TO (metres)	LENGTH (metres)	Au gram/tonne	Zone
RKG-17-RC-001	-50	102	128	26	0.82	Koaltenga
includes		108	110	2	4.11	Koaltenga
includes		110	112	2	2.44	Koaltenga
includes		112	114	2	2.36	Koaltenga
RKG-17-RC-002	-50	108	140	32	1.01	Koaltenga
includes		112	114	2	2.36	Koaltenga
includes		114	116	2	2.99	Koaltenga
includes		116	118	2	3.10	Koaltenga
includes		120	122	2	5.65	Koaltenga
RKG-17-RC-003	-50	108	114	6	1.06	Koaltenga
RKG-17-RC-004	-50				NSR	Koaltenga
RKG-17-RC-005	-50	130	132	4	1.38	Koaltenga

"We're pleased with what is an excellent start to this program," said Nexus senior geologist, Warren Robb. "We are encouraged with the extent of these intercepts and will continue to test these structures along strike," continued Mr. Robb.

The 250-sq km Rakounga concession borders the Company's 38-sq km Bouboulou concession. The Company recently announced results from its maiden diamond drill program at Bouboulou, with nine of the first 10 holes successfully intersecting gold. Highlights of that program include 4.41 g/t Au over 8.15m, including 23 g/t Au over one metre, 5.21 g/t Au over 3.05m, including 15.50 g/t Au over one metre, and 1.04 g.t Au over 23m.

Rock sampling completed by the Company at Rakounga has yielded positive results at each of the three orpaillages mentioned above. Four rock samples were collected from the Porphyry orpaillage returning elevated gold values of 19.95 g/t Au, 2.57 g/t Au, and 1.175 g/t Au, respectively.

A total of eight samples were collected from workings from the Gounga orpaillage, located approximately 1000 metres south of the Porphyry orpaillage. Samples GGA-05 and GGA-07 returned gold values of 14.90 g/t Au, and 5.30 g/t Au, respectively.

Initial rock samples from dumps of the artisanal workings at the Koaltenga orpaillage returned values of 17.30 g/t Au, 2.33 g/t Au, and 1.45 g/t Au, respectively.

To date a total of eight gold bearing zones have been identified at the Bouboulou and Rakounga concessions. Drilling is ongoing and additional results will be released when received, reviewed and verified.

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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 project consists of the 38-sq km Bouboulou claims and the adjacent 250-sq km Rakounga gold concession. The Niangouela gold concession is a 178-sq km project featuring high grade gold occurring in and around a primary quartz vein 1km in length and associated shear zone. For more information on these projects, please visit the Company website at www.nexusgoldcorp.com.

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.

On behalf of the Board of Directors of

NEXUS GOLD CORP.

Peter Berdusco
President and Chief Executive Officer

604-558-1920www.nexusgoldcorp.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.

Note all assay results represent intercept lengths and are not true widths

The drill program instituted at Bouboulou was designed to test and extend either along strike or at depth the zones previously identified on the property. Drilling consisted of 10 holes totaling 2596 meters with two holes testing each of four identified zones (Rawema, Pelatanga, Bouboulou 2 and Koala) and one additional zone, Bouboulou 1, located at the southern boundary hosted on the recently acquired Rakounga property.

"The gold mineralization remains wide open to depth and along strike at all of our Bouboulou targets, and a little surprise at Koala with two greater than 10-gram assays," said Senior Geologist, Warren Robb P.Geo. "I am really pleased with our results and look forward to expanding these zones at Bouboulou," continued Mr. Robb.

Niangouela Gold Concession - Phase Two

The Company is also reporting results from its phase two diamond drill program on the Niangouela concession, which concluded in mid-May. The phase two program consisted of 2549.5 meters of diamond drilling and 387 meters of trenching. The program was designed to test strike and depth extensions on the mineralized gold bearing shear zone, which the Company identified in the first phase of drilling reported in March 2017, and to test new targets identified by prospecting. Highlights of these holes are tabled below:

 ----------------------------------------------------------------- | |DRILL INTERCEPTS| | | | |---------------------------------------------------------------| |DRILL HOLE |From (m) |To (m)|Intersection (m)|Au (g/t)| |---------------------------------------------------------------| | | | | | | |---------------------------------------------------------------| |NGL-17-DD-015|130.5 |134.1 |3.60 |0.91 | |---------------------------------------------------------------| |INCLUDES |132.2 |133.1 |0.90 |2.59 | |---------------------------------------------------------------| |NGL-17-DD-016|129.8 |137.8 |5.00 |0.52 | |---------------------------------------------------------------| |NGL-17-DD-017|121 |123 |2.00 |0.52 | |---------------------------------------------------------------| |NGL-17-DD-018|185 |186 |1.00 |1.34 | |---------------------------------------------------------------| |NGL-17-DD-025|79 |87 |9.00 |1.23 | |---------------------------------------------------------------| |INCLUDES |80 |85 |5.00 |1.80 | |---------------------------------------------------------------| |NGL-17-DD-027|21 |25 |4.00 |1.10 | |---------------------------------------------------------------| |includes |24 |25 |1.00 |3.59 | |---------------------------------------------------------------| |and |124 |129 |5.00 |0.52 | -----------------------------------------------------------------

Note all assay results represent intercept lengths and are not true widths

The phase two drill program tested the strike extension of the mineralized quartz vein and shear discovered in the first round of drilling and to test new areas of potential gold mineralization. Drill holes 15 to 25 were drilled to test the down dip and westerly extensions of the shear zone identified in our first phase of drilling. Holes 15, 16, 17, 18, and 25 successfully intersected the zone. The data indicates the high-grade portion (or shoot) of the shear zone is contained within approximately 225 meters of strike bounded by holes 18 and 24 on the west, and holes 13 and trench one, on the east. The gold mineralization has been verified to depths of 145 meters below surface. The structure remains open at depth. Holes 19-24 were drilled in a systematic fashion testing the westerly strike of the shear zone. Although all the holes did intersect the shear zone no economic gold intercepts were recovered.

The 387 meters of trenching was completed in six trenches designed to test strike extension of the main mineralized zone and to test other quartz veins identified by prospecting. Trench 3 returned 0.34 g/t Au over 5m, including 1.56 grams g/t Au over 1m. The remaining trenches did not return significant results.

All rock and drill core samples were analysed at either Actlabs Burkina SARL or ALS Global Burkina SARL Laboratory utilizing either fire assay or Aqua Regia digestion and atomic absorption finish. The company maintains a Quality Control and Quality Assurance program of inserting at regular intervals standards and blanks as well as requiring duplication of samples and comparisons of duplicates between commercial labs.

"Its looking like the high-grade zones at Niangouela could be vertical flexes within the shear," said Senior Geologist, Warren Robb. "This latest round of drilling really helped us get a better understanding of the project dynamics, and I look forward to chasing and hopefully extending those 100-plus gram assays from earlier this year to depth," continued Mr. Robb.

The Company is planning follow up work to include drill testing the main shear to depth. The main shear has displayed high-grade gold mineralization and as of the completion of the phase two drilling the zone remains open to depth.

Rakounga Gold Concession - Sampling Results

The Company is also pleased to report results from prospecting from artisanal workings on the newly acquired Rakounga property. In mid July as part of the company's due diligence program Nexus geologists prospected a single large orpaillage on the Rakounga property which is contiguous with the Bouboulou permit. Initial rock samples from dumps of the workings returned values up to 17.3 g/t Au. Additional samples returned values of 2.33 and 1.45 g/t Au, respectively. The orpaillage investigated measured over 800 metres along strike and workings extended up to 20 meters wide along the strike length. Company field crews are currently prospecting two newly found orpaillages roughly parallel to the one mentioned above.

About the Company

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.

On behalf of the Board of Directors of

NEXUS GOLD CORP.

Peter Berdusco President and Chief Executive Officer

604-558-1920 www.nexusgoldcorp.com

"We are very pleased to add Rakounga to our portfolio, which effectively represents a 700 percent increase in size to the Bouboulou concession area," said President & CEO Peter Berdusco. "With just under 300-sq km of ground, we can now follow both the already established Bouboulou 2 and Pelatanga-Rawema mineralized trends for several kilometres to the southwest. There is significant artisanal activity along these trends and we're excited to continue our exploration efforts there in the coming months," continued Mr. Berdusco.

All securities issued in connection with the property option will be subject to a four-month-and-one-day statutory hold period. The property option remains subject to a number of conditions, including negotiation of definitive agreements, approval of the TSX Venture Exchange, and such other conditions as are customary in transactions of this nature.

Historical Data - Work to date at Bouboulou

The main Bouboulou concession covers an area of 38.3 square kilometers and is located approximately 100 kilometers north by northwest of the capital city of Ouagadougou. Exploration on the permit area has been conducted by Boliden (1997 - 1999), Riverstone Resources (2005 to 2011) and Roxgold Inc. (2011 to 2012).

The property is situated at the north end of the Boromo greenstone belt underlain by an alternating sedimentary-basalt-sedimentary-volcanic progression which strikes generally northeast-southwest, and is bisected by the Sabce Shear Zone, which hosts numerous artisanal gold zones over its 120-kilometre length plus the Bissa Mine operated by Nordgold.

Four zones of gold mineralization were previously identified on the property termed Koala, Rawema, Bouboulou 2 and Pelatanga. A fifth zone, Rawema West, was recently identified by Nexus geologists, as announced in a June 6, 2017 news release.

The Koala zone as well as the new Rawema West zone have both yielded strong samples, as announced in the June 6 news release. Highlights include high-grade quartz sample BBL-012, which contained visible gold, taken from an artisanal shaft (or orpaillage pit) 70 metres below surface at the Koala zone, that returned 66.1 grams-per-tonne ("g/t") gold ("Au"). Sample BBL-013 (quartz material containing pyrite), also taken from an artisanal shaft at approximately 70 metres below surface, returned a value of 29 g/t Au.

The Rawema West zone occurs approximately 1000 metres west of the main workings at the previously identified Rawema site. The Artisanal workings extend some 150 metres in length and appear by observation to extend to depths of greater than 20 metres.

In 2011 and 2012 Roxgold Inc completed reverse circulation (RC) and diamond drilling (DD) programs to test the previously identified mineralized zones. Historical drilling highlights from Bouboulou can be found on the Company website here:

http://www.nexusgoldcorp.com/index.php/en/projects-3/bouboulou-gold-concession

The Company has subsequently identified three distinct 5000m (5km) long anomalous gold trends at the Bouboulou concession. Each of the three trends display strong coincidental geochemical and geophysical gold anomalies, and extend from the four previously drill-identified mineralized zones, namely Rawema, Pelatanga, Bouboulou 2 and Koala. They are identified by numerous orpaillages (artisanal workings) and geochemical samples of greater than 1 g/t Au. All three of the Bouboulou trends display similar coincidental anomalies. Each trend has substantial artisanal workings either directly on them, or along trend.

Nexus Gold Signs Definitive Agreement to Acquire Rakounga Gold Concession, 250-sq km Contiguous to the Company's Bouboulou Project

A map of the three trends can be seen online here:
http://www.nexusgoldcorp.com/images/NexusGold_Boub1.jpg

Exploration Update

A total of 2,596 metres of diamond drilling was completed at the Bouboulou concession in mid-July. Phase one drilling tested the Koala, Rawema, and Bouboulou 2 zones, to depths of approximately 150 to 175 metres. Assays are currently pending and results will be released once received, reviewed and verified.

In addition, the Company is also awaiting results of approximately 2000 metres of diamond drilling from the Niangouela concession, completed in mid-May. After lab delays, the Company also anticipates receiving these results shortly and will release them once received, reviewed and verified.

The Company plans on resuming exploration activity at its Burkina Faso projects in the fall.

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 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. The Niangouela gold concession is a 178-sq km project featuring high grade gold occurring in and around a primary quartz vein 1km in length and associated shear zone. For more information on these projects, please visit the Company website at www.nexusgoldcorp.com.

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.

On behalf of the Board of Directors of

NEXUS GOLD CORP.

Peter Berdusco
President and Chief Executive Officer

604-558-1920
www.nexusgoldcorp.com

SOURCE: Nexus Gold Corp.

ReleaseID: 474241