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NeXGold Mining Corp V.NEXG

Alternate Symbol(s):  NXGCF

NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska. Its Goliath Project, which includes the Goliath, Goldlund, and Miller deposits, is located in Northwestern Ontario. The Goliath Gold Complex refers to a prospective 65 kilometers (km) trend in approximately 330 square kilometers (km2) land package comprised of three distinct projects located within the Wabigoon-Greenstone belt in the Dryden-Sioux Lookout Area of northwestern Ontario. It also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. In addition, It holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver volcanogenic massive sulfide ore (VMS) project, located adjacent to tidewater in southeast Alaska. The Gold Rock Property is located 38 km south of Dryden, Ontario. It has 100% interest in five properties: Texas Creek, Cantoo, Mineral Hill, Rooster and Casey, totaling 7,920 ha.


TSXV:NEXG - Post by User

Post by MarketMakersson Jul 11, 2024 7:32pm
264 Views
Post# 36129391

TML => NexGold Mining, NEXG.v

TML => NexGold Mining, NEXG.v

NexGold Mining (NEXG.v), previously known as Treasury Metals, is a growth-oriented gold company with a focus on near-term production projects and, with a recent corporate rebranding and share consolidation, is strategically positioned to capitalize on its extensive portfolio of high-potential gold assets in Canada and the United States.

 

The Goliath Gold Complex

Located in Northwestern Ontario, Canada, NEXG's flagship project is the Goliath Gold Complex which boasts projected NPV of $493M at 5% discount rate and IRR of 33.5% based on a gold price of US$1,950 per ounce.

 

Based on PFS, the project is poised for production with a forecasted 13-year mine life and anticipated production of 109,000 ounces of gold annually at a cash cost of US$892 per ounce.

 

With readily available world-class infrastructure, secured Federal Environmental Assessment approval and the final feasibility study & permitting processes currently underway, NEXG is poised for strong growth potential as it focuses on near-term production.

 

Boasting a range of strategic advantages from experienced leadership and shareholder value NEXG offers a compelling gold investment opportunity, supported by a robust portfolio of projects, a clear strategic vision, and a strong commitment to sustainable development.

 

Full News Release: https://finance.yahoo.com/news/nexgold-mining-completes-name-change-000000384.html

 

Posted on Behalf of NexGold Mining Corp.


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