NEXG's Visible Gold Discovery 70m Below High-Grade C Zone Yesterday, NexGold Mining Corp. (Ticker: NEXG.v or NXGCF for US investor) reported new drill results showing visible gold at the Goliath deposit, part of its 2.1Moz M&I and 0.8Moz Inferred Goliath Gold Complex in Northwestern Ontario.
The recent discovery was made 70 meters below a prior high-grade finding of 193 g/t Au over 1 meter within the C Zone East area.
The discovery is a strong indicator of Goliath's growth potential, showing the continuity of high-grade zones and the presence of visible gold guiding ongoing exploration.
This drilling is part of the 25,000-meter program launched in August, aimed at growth, expansion, and new discoveries.
This drill campaign aims to expand and upgrade the mineral resource across the 65-kilometer strike and 330-km² property.
The current phase of drilling targets down-dip extensions of known high-grade mineralization, with a focus on potential new additions to the mining plan.
NexGold also plans to explore the Main Zone’s Central and East high-grade shoots and potential western extensions along the strike.
The company also shared that it has completed its Interlakes drill program, covering 4,550 meters across 13 drill holes.
Results from this program, alongside the C Zone East findings, will be announced once available.
Full news here: 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.