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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

Comment by andre171on Jul 16, 2024 11:24am
79 Views
Post# 36134738

RE:New Press Release - NexGold Mining Announces Strategic Advisors and Equity Compensation Grants

RE:New Press Release - NexGold Mining Announces Strategic Advisors and Equity Compensation GrantsAn annual production of 3 to 500,000 ounces within 5 years would be great, but no mention is made of the investments and financing that will be needed to achieve this goal. We are obliged to note that the merger has not improved the share price, and this would not encourage dilution financing acceptable to individual shareholders!
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