Exploration Program Expanded w/ Significant New Gold SeenToday, NexGold Mining (NEXG.v) provided an update on fieldwork conducted at its Goliath Gold Complex, announcing the commencement of an expanded exploration program following showings of significant new gold mineralization.
The exploration program will now encompass soil geochemistry and prospecting alongside mapping programs to target the northeast end of the Goldlund claim block which has seen limited exploration.
Highlights:
- Confirmatory results at the Fold Nose, with significant gold found up-trend of previous drilling
- Channel Sample Highlights:
- 7.13 g/t Au over 2.00 metres including 15.70 g/t Au over 0.75 metres;
- 3.18 g/t Au over 2.68 metres including 7.53 g/t Au over 0.78 metres;
- 5.10 g/t Au over 0.52 metres; and
- 5.09 g/t Au over 0.47 metres;
- Prospecting Expansion over Goldlund North;
- Soil sampling grids over three additional targets, the Miller deposit strike extension, the Miles target and the Cabin Bay target
NEXG President, Morgan Lekstrom, commented:
“Showing continued gold mineralization on surface are indicators of a much larger system of mineralization. This is a positive step as we set out on our 25,000-meter drill program to expand in current areas and make new discoveries in areas like these. We are expanding our exploration program to investigate the northeast end of the Goldlund claim package, which is a very underexplored area. Newly collected data from this program in addition to our geophysical signatures will help outline more and more drill targets. We are lucky to be target rich on our 65km strike.”
As the ongoing 25,000-meter drill program is designed to expand existing areas and discover new gold anomalies with the ultimate goal of uncovering a larger system of mineralization across the 65km strike, NEXG has significant growth potential going forward.
Full News Release:
https://nexgold.com/nexgolds-spring-program-shows-significant-new-gold-mineralization-expands-exploration-programs-at-the-goliath-gold-complex/ Posted on Behalf of NexGold Mining Corp.