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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 24, 2024 7:02pm
64 Views
Post# 36239324

INTERVIEW SUMMARY: NEXG President Highlights 3M Oz Resource

INTERVIEW SUMMARY: NEXG President Highlights 3M Oz Resource

In a recent interview on The Jay Martin Show, Morgan Lekstrom, President of NexGold (Ticker: NEXG.v or NXGCF for U.S. investors), discussed the company's strategic positioning and future potential. 

NexGold is advancing a 3-million-ounce gold resource, primarily focusing on its Goliath Gold Complex, which is projected to produce over 100,000 ounces annually for the next 13 years. 

r/PennyStocksCanada - INTERVIEW SUMMARY NexGold (NEXG.v NXGCF) President Morgan Lekstrom Highlights 3-Million-Ounce Goliath Gold Complex and Path to Mid-Tier Producer Status

Lekstrom emphasized that the company's key strengths lie in its experienced leadership team and the low-risk, scalable nature of its projects.

One of the central points of the conversation was NexGold's expansion strategy. Goliath is expected to be the first of several projects, with future exploration and acquisition plans aimed at long-term production growth. 

Lekstrom explained that NexGold's operational efficiency, with an all-in sustaining cost of about $1,030 per ounce, positions the company to benefit significantly from current high gold prices. 

He highlighted that the team’s focus is not only on near-term production but also on exploration and acquisitions to fuel further growth.

 NexGold's vision is to transition from a junior producer to a mid-tier mining company, with a commitment to building sustainable, profitable projects.

Full interview here: 

Posted on behalf of NexGold Mining Corp.

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