Red Cloud TV just released an interview with NexGold's (Ticker: NEXG.v or NXGCF for US investors) President, Morgan Lekstrom, where he discussed the company's rebranding and its forward-looking strategy for the Goliath Gold Complex in Northwestern Ontario.
The interview highlighted NexGold's significant progress, including a recent merger that has positioned it as one of Canada's top buildable assets, boasting 3 million ounces of gold across two resource pits.
Lekstrom emphasized the company's dual approach of advancing exploration while accelerating development, with a 25,000-meter drilling program aimed at expanding the 3M ounce resource beyond the current estimate. He noted that this district holds significantly more potential than the current 3 million ounces, with discovery opportunities in an already proven gold-rich area.
The ongoing exploration efforts have already shown promising results, with new gold mineralization identified at the surface. Channel sample results shared by the company yesterday include:
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7.13 g/t Au over 2.00m, including 15.70 g/t Au over 0.75m
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3.18 g/t Au over 2.68m, including 7.53 g/t Au over 0.78m
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5.10 g/t Au over 0.52m
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5.09 g/t Au over 0.47m
The interview further elaborated on the strategic input from key figures like Frank Giustra, who owns over 10% of NexGold, and other experienced advisors. These contributions are expected to bolster NexGold's ability to execute its "buy and build" strategy effectively, positioning the company as a potential mid-tier gold producer with significant growth potential.
With its strong foundation, experienced leadership, and the potential for significant resource expansion, NexGold is well-positioned to capitalize on the current gold market, making it a compelling opportunity for investors seeking exposure to a rapidly advancing gold project in a proven district.
Full interview here:
Posted on behalf of NexGold Mining Corp.