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NeXGold Mining Corp V.NEXG

Alternate Symbol(s):  NXGCF

NexGold Mining Corp. (NexGold) is a gold-focused company with assets in Canada. The Company’s Goliath Gold Complex, 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. NexGold also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. In addition, NexGold 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, as well as five Hyder Area gold-silver and base metal properties in southeast Alaska.


TSXV:NEXG - Post by User

Post by 1StockInformeron Sep 16, 2024 7:26pm
72 Views
Post# 36226354

NEXG Strategic Advisor Frank Giustra Highlights Gold Sector

NEXG Strategic Advisor Frank Giustra Highlights Gold Sector

NexGold Mining Corp. (Ticker: NEXG.v or NXGCF for US investors) continues to position itself as a leading player in the Canadian gold exploration industry through its strategic focus on the Goliath Gold Complex, a top-tier project located in Northwestern Ontario.

NexGold Mining Corp. (NEXG) was formed through the merger of Treasury Metals Inc. and Blackwolf Copper and Gold Ltd., completed in July 2024. This business combination was part of NexGold’s strategy to expand its portfolio and build a multi-asset gold company. 

r/Wealthsimple_Penny - NexGold Mining Corp. (NEXG.v) Leverages Goliath Gold Complex for Growth with Strategic Expansion Plans + Strategic Advisor Frank Giustra Highlights the Gold Sectors Untapped Potential

Treasury Metals, prior to the merger, had already focused on the Goliath Gold Complex, which includes the Goliath, Goldlund, and Miller projects in Northwestern Ontario. The Goliath project remains the cornerstone of NexGold’s operations, boasting significant growth potential with substantial gold resources.

Billionaire Frank Giustra, a top Strategic Advisor to NexGold, shared insights on the broader gold sector during a recent interview at the 2024 Precious Metals Summit.

Full interview: 

Giustra highlighted the significant disparity between high gold prices and undervalued mining equities, which he believes presents a unique opportunity for well-positioned companies like NexGold. 

He emphasized the “buy and build” strategy as the most effective way for mining companies to thrive, suggesting that single-asset companies often struggle to attract institutional investors. Giustra’s approach aligns with NexGold’s vision of transforming into a multi-asset company that can draw greater investment interest.

Giustra also predicted that rising gold prices, combined with consolidation in the mining sector, will eventually attract more investors to companies with strong asset portfolios.

As gold continues to hit all-time highs, NexGold stands to benefit from this trend, particularly as it advances its Goliath Gold Complex and leverages its diversified asset base.

To engage further with its investor community, NexGold will host a webinar tomorrow, September 17th at 9 AM ET, offering insights into the Goliath project and broader strategic plans.

Webinar registration here: https://redcloudfs.com/events/https-redcloudfs-com-rcwebinar-nxe/

Posted on behalf of NexGold Mining Corp.

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