NeXGold Mining Corp V.NEXG

Alternate Symbol(s): NXGCF

Metals & Mining Gold

NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska. The Company’s Goliath Gold Complex, which includes the Goliath, Goldlund and Miller deposits is located in Northwestern Ontario. It also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project joint venture, and grassroots gold exploration property Gold Rock. In addition, the Company holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. The Goliath Gold Complex is located 20 kilometers (km) east of Dryden, Northwestern Ontario. The Goldlund Gold Project is located 35 km southwest of Sioux Lookout (25 km north east of Goliath Gold Project). The Goldboro Gold Project in Nova Scotia has consolidated 28,525 hectares (285 square kilometers) of prospective exploration land in the Goldboro Gold District. The Gold Rock Property is located 38 km south of Dryden, Ontario.

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NeXGold Mining Corp > Takeover of Goldboro

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Comment by andre171on Dec 07, 2024 9:15am

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Post# 36350856

RE:RE: Takeover of Goldboro

While it's understandable that some Signal shareholders may be disappointed, they can also consider that they have become shareholders in a new entity that has assets, advantages and potential, including: 6.036M ounces of resources, a NPV@5% of just over 1600M CAD for gold at $2300, 2191120 ounces Gold Eq. payable for the two projects and a cash flow margin of over 170% for the current gold price of $2600, in addition to strong exploration potential for each of the projects.

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