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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. Its 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 Sep 04, 2024 1:17pm
226 Views
Post# 36208271

TOMORROW Sept 5th @ 2pm EST - NEXG & RedCloud Webinar

TOMORROW Sept 5th @ 2pm EST - NEXG & RedCloud Webinar Tomorrow, September 5th at 2pm EST, NexGold Mining (NEXG.v NXGCF) is hosting a webinar with Red Cloud to detail how the Goliath Gold Complex is slated to become one of Canada's next producing gold mines: https://x.com/redcloudfs/status/1831068401932120352?s=46&t=WI8lw8MoN5OqPfJMCKEOqg
 
Anticipating 9-12 months of consistent drilling activity focused on the Inter-Lakes Target, the project is currently being drilled and has all the elements of a good gold prospect with structural complexity in an area that is historically known for gold mineralization.
 
Notably, The Goliath Gold Complex holds 2.1 million ounces of gold in the Measured and Indicated (M&I) category,  800,000 ounces in the Inferred category, as well as a $625 million NPV5% and a 41.1% IRR at a gold price of US $2,150/ounce.
 
Posted on Behalf of NexGold Mining Corp.

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