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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 1StockInformeron Jul 17, 2024 7:32pm
174 Views
Post# 36137565

NEXG.v Appoints Industry Icon Frank Giustra as Advisor

NEXG.v Appoints Industry Icon Frank Giustra as Advisor

Yesterday, NexGold Mining Corp. (TSXV: NEXG, OTCQX: TSRMF) appointed prolific mining investor Frank Giustra as a strategic advisor, marking a significant step for the Company as it continues to advance its vision of becoming a mid-tier gold producer.


Morgan Lekstrom, President of NexGold, expressed his enthusiasm, stating, "Frank is an icon in the mining industry, with a proven track record of building value-driven mining companies with strong shareholder value."


NexGold Mining Corp. is a gold-focused enterprise with its primary asset being the Goliath Gold Complex in Northwestern Ontario. This complex encompasses three projects: Goliath, Goldlund, and Miller, collectively forming a 65-km trend within a 330 km² land package.

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Goliath Gold Complex

  • Location: Northwestern Ontario, between Thunder Bay and Winnipeg, with excellent infrastructure including the Trans-Canada Highway, power supply, and proximity to the community of Dryden.

  • Resource: 1,124Koz Au, 3,522Koz Ag Measured and Indicated, and 75Koz Au, 92Koz Ag Inferred.

  • Stage: Exploration and Development, with Federal Environmental Assessment Approval since 2019.

  • Infrastructure: Includes Hydro One power availability, Trans-Canada Natural Gas Pipeline, CP Rail, and a skilled local workforce.


Goldlund Gold Project

  • Location: 35 km southwest of Sioux Lookout.

  • Resource: 940Koz Au Indicated and 704Koz Au Inferred.

  • Stage: Exploration and Development, currently in the process of environmental data collection to support future mining approvals.


Overall, NexGold’s strategic appointments and resource development initiatives underscore its commitment to becoming a significant player in the gold mining industry and are expected to prepare it towards its ambitious growth targets.


Full news here: https://treasurymetals.com/news/nexgold-mining-announces-strategic-advisors-and-eq-2913740/


Posted on behalf of NexGold Mining Corp.

 
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