CEO Clips – NexGold: Advances Plans to Build a Mid-Tier Gold Producer
NexGold was created with the goal of building the next mid-tier gold mining company by advancing smaller projects one after the other until reaching production of approximately 400,000 to 600,000 ounces annually.
Permitted Goldboro project and Goliath asset form foundation for growth.
NexGold was created with the goal of building the next mid-tier gold mining company by advancing smaller projects one after the other until reaching production of approximately 400,000 to 600,000 ounces annually.
The company was formed through the acquisition of Signal Gold, bringing together two cornerstone assets, the Goldboro project in Nova Scotia and the Goliath project in Ontario, with a combined resource of about seven million ounces of gold.
Goldboro is one of only two fully permitted gold projects in Canada that is not yet in construction. NexGold has also signed an agreement with local First Nations, positioning the project as shovel ready while the company finalizes financing plans and awaits a final investment decision from the board.
Leadership notes significant experience in mine development, having been involved in multiple builds previously. NexGold is assembling an owner’s team focused on advancing the project even in more challenging financial markets.
To learn more about NexGold Mining Corp. (TSX.V: NEXG, OTCQX: NXGCF), watch their video HERE
Published by BTV - The Agency
Discover Investment Opportunities with BTV. Delivering engaging content to Investors for 25+ years.
You might also like
CEO Clip - Southern Silver: Can a Growing Silver Resource Support a Major Underground Mine in Mexico?
Southern Silver is advancing the Cerro Las Minitas silver-lead-zinc project in Durango, Mexico, where additional drilling is being incorporated into an updated mineral resource estimate and Preliminary Economic Assessment.
Southern Silver: Is Cerro Las Minitas Emerging as a Major Silver Project?
Southern Silver is advancing its flagship Cerro Las Minitas silver-lead-zinc project in Mexico, which management describes as one of the larger, higher-grade silver-based projects globally.
ASTER BRINGS VERTICAL INTEGRATION TO CLINCH RESOURCES
For the next generation of mining companies, success may depend on more than what comes out of the ground. It may also depend on how much of the value chain a company can control. That’s the thinking behind high-quality metallurgical and specialty coal producer Clinch Resources’ (TSX: CLCH) vertically integrated approach, which brings specialized capabilities like those of its subsidiary Aster Resources — Clinch’s mine-to-market platform — under the same corporate umbrella. By combining mining expertise with the infrastructure, logistics and commercial capabilities needed to move its product to market, Clinch is building a more connected business designed to capture greater value at every stage.