NEXG Intersects Visible Gold Below Prev 193g/t Result at Visible gold Intersected 70m Below a Previous Result of 193g/t over 1m at NexGold Mining's (NEXG.v NXGCF) Goliath Gold Project
Today, NexGold Mining (NEXG.v NXGCF) announced the intersection of visible gold 70m below a previous result of 193g/t over 1m at its Goliath Gold Project.
Key Discovery Highlights:
Location and Depth of Discovery:
- Visible gold intersected at the C Zone East, ~70 meters below previous high-grade intersections.
- Drillhole is down dip of a prior drillhole which previously intersected high-grade gold at 65.2 g/t Au over 3.0 meters, including 193 g/t Au over 1.0 meter.
Expansion Drilling Program:
- Part of 25,000-meter drill program, initiated in August, aimed at expanding and discovering new mineral resources.
- Focused on down-dip extensions of known high-grade mineralization within a 65-kilometer strike and 330-km² property package.
- Drilling has primarily targeted the C Zone East area and future drilling will expand to the Main Zone’s Central and East high-grade zones and potential shoots to the west.
Emphasizing the continuity and high-grade potential of the Goliath deposit, Morgan Lekstrom, NEXG's President, commented:
“Extending what is showing to be another high-grade zone at the Goliath deposit is just another example of the great continuity of the deposit, but also shows that there is visible gold present to guide our program. We believe we have just touched the surface at the Goliath deposit and that there is significant potential for more in the deeper holes aiming to find the higher grades.”
Further, NEXG has completed the Interlakes drill program with a total of 4,550 meters across 13 drillholes which targeted high-potential areas identified through desktop studies and reconnaissance. Results are pending and will be announced when available.
Full News Release: https://nexgold.com/nexgold-intersects-visible-gold-70-metres-below-a-previous-result-of-193-g-t-over-1-metre-showing-extension-to-the-c-zone-east-area-at-the-goliath-deposit/
Posted on Behalf of NexGold Mining Corp.