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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. It 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 Nov 12, 2024 7:18pm
70 Views
Post# 36309248

NEXG on The Market Mindset

NEXG on The Market Mindset

Joining the Market Mindset on a recent episode of 'Today's Take', Morgan Lekstrom, CEO of NexGold Mining (NEXG.v NXGCF), detailed its mission to discover valuable gold deposits in underexplored regions and 'the Future of M&A' including its merger with Signal Gold: https://www.youtube.com/watch?v=ee9WCjsaJPs

 

Having recently closed a $18.5 million concurrent financing, NEXG is set to create one of Canada's most advanced near-term gold developers with their upcoming merger of Signal, resulting in a combined 4.7 million ounces of gold in Measured and Indicated Resources and 1.3 million ounces in Inferred Resources.

 

Targeting annual production of over 200,000 ounces of gold, NEXG will be positioned as a strong mid-tier gold producer with substantial growth potential across a 60,000-hectare land package with opportunities for further discoveries.

 

For more information, refer to this deep dive: https://www.reddit.com/r/smallstreetbets/comments/1gm33me/nexgold_nexgv_nxgcf_closes_185m_financing_with/

 

Posted on Behalf of NexGold Mining Corp.

 

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