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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. 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.


TSXV:NEXG - Post by User

Post by GoldNHillon Dec 21, 2024 9:52am
110 Views
Post# 36373505

Drilling in Goldboro

Drilling in Goldboro I was making a few calls around to the diamond drillers in Nova Scota to get some quotes to drill a couple hundred meters in 2 holes north of Goldboro.  One company indicated they will have 3 drills in Goldboro starting in January - 25000m of drilling.  Good to hear as mobilization costs to my holes (north of Goldboro) will be less given that the drills will be in the neighborhood.

Kevin has indicated 25000m of upcoming infill drilling...this will certainly add ounces and probably lessen the stripping ratio in the pits as compared to the first Feasibility Study numbers.

I like the fact that they are using 3 drills....if there was just 1 drill, that would not present a hurry up offense to me...NEXG has to move FAST....3 drills is a great first step in that regard....good to see!!

Have a great Holiday Season...good luck with your investment ca$h
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