NeXGold Mining Corp. is pleased to announce it has commenced drilling on the Goldboro Deposit at the Company's Goldboro Project in Nova Scotia . The drill program, which comprises up to 25,000 metres, is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources . This [...]
NeXGold Mining Corp. is pleased to outline the Company's key milestones and achievements from the past year as it looks ahead to numerous catalysts in 2025. NexGold is one of Canada's most advanced near-term gold developers with a combined 4.7 million gold ounces of Measured and Indicated Mineral Resources* and a plan to achieve over 200,000 ounces of annual gold production from the advancement of the Goliath Gold Complex [...]
NeXGold Mining Corp. announces that the Company has issued a total of 383,455 restricted share units to certain directors and officers of the Company in accordance with the Company's 2024 Omnibus Equity Incentive Plan. Certain of the RSUs vest one-third annually, with the remainder fully vesting on the first anniversary of the date of grant; the RSUs expire on December 31, 2027. Once vested, each RSU represents the right [...]
NexGold Mining and Signal Gold are pleased to announce the successful completion of the previously-announced transaction pursuant to which, among other things, NexGold acquired all of the issued and outstanding common shares of Signal Gold pursuant to a court-approved plan of arrangement under the Business Corporations Act. The Arrangement combines the two companies to create a top near-term gold developer advancing [...]
NexGold Mining and Signal Gold are pleased to announce that, further to the companies' joint news releases dated Oct 10, Oct 23, 2024 and Nov 6, 2024, Signal Gold has exercised its upsize option and on December 10, 2024 closed an additional tranche of its previously announced oversubscribed concurrent financing of subscription receipts. Tranche 2 consisted of an issuance of an aggregate of 3,044,228 subscription receipts [...]
NeXGold Mining Corp. is pleased to provide high-grade results from the C Zone East, including the results for the previously-announced visible gold intersection located below the current mineral resource on the eastern end of the C Zone at the Goliath deposit at the Goliath Gold Complex , and is also pleased to provide results from the initial Interlakes drill program. Highlights: Visible Gold core sample from TL24-678 [...]
NeXGold Mining Corp. and Signal Gold Inc. are pleased to announce that, further to the companies' joint news releases dated October 10, 2024 and October 23, 2024, the companies have closed their previously announced oversubscribed and upsized concurrent financings for aggregate gross proceeds of $18.5 million. The Concurrent Financing was carried out in connection with the proposed plan of arrangement, pursuant to which [...]
NeXGold Mining Corp. is pleased to announce that recent drilling has intersected significant visible gold located below the current mineral resource on the eastern end of the C Zone at the Goliath deposit at the Goliath Gold Complex . This was intersected approximately 70 metres below a past mineral occurrence of 65.2 g/t Au over 3.0 metres including 193 g/t Au over 1.0 metres. Figure 1: Visible Gold in TL24-678 Goliath [...]
NeXGold Mining Corp. and Signal Gold Inc. are pleased to announce that, due to significant demand, its previously announced Concurrent Financing has been oversubscribed and the companies are increasing the aggregate financing size to up to C$17 million, subject to an option to further increase the Hard Dollar Financing by an additional 15%. The Concurrent Financing is being carried out in connection with the proposed plan [...]
NeXGold Mining and Signal Gold are pleased to announce that they have entered into a definitive arrangement agreement dated Oct 9 to combine the two companies and create a top near-term gold developer advancing NexGold's Goliath Gold Complex Project and Signal's Goldboro Gold Project. Transaction Highlights: Two Canadian, near-term development projects, with Environmental Assessment Approvals in place, and a plan to [...]
Sponsored content disseminated on behalf of NexGold Mining. On August 7, 2024 NexGold Mining announced the beginning of a multi-stage exploration program which includes a 25,000-metre diamond drilling program at the Goliath Gold Complex. NexGold Mining is developing gold projects. The Goliath Gold Complex has 2.1 million oz of gold in the Measured and Indicated category, and an additional 800,000 oz of Inferred gold. The [...]
NeXGold Mining Corp. is pleased to provide an update on the field work conducted this season and announce that the Company has commenced an expanded exploration program, including soil geochemistry and prospecting and mapping programs at its Goliath Gold Complex located in northwestern Ontario. These added programs target the northeast end of the Goldlund claim block, which has seen limited exploration. Highlights [...]
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