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NeXGold Mining Corporation (QX)

NeXGold Mining Corporation (QX) (NXGCF)

0.49865
0.03365
(7.24%)
Closed February 04 3:00PM

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NXGCF News

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StockInfo11 StockInfo11 6 hours ago
Coinciding with record gold prices, NEXG.v (NXGCF) has started phase 2 of its Goliath Gold Complex drill program, targeting resource expansion beyond the project's indicated 2.1Moz Gold. Meanwhile, NEXG's 25,000m drill program at its Goldboro Project aims to support a 2025 resource update. More⬇️
https://www.reddit.com/r/smallstreetbets/comments/1ih4sfm/nexgold_nexgv_nxgcf_advances_13000m_phase_2/
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StockInfo11 StockInfo11 1 day ago
NexGold (NEXG.v NXGCF) has launched Phase 2 of its 13,000m drill program at the Goliath Gold Complex in Ontario, part of a 25,000m campaign targeting expansion of its 2.1Moz resource. + NEXG's 25,000m drill program at its new Goldboro in Nova Scotia aims to upgrade its resource for a planned 2025 update. Full news: https://nexgold.com/news

*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 4 days ago
As gold hit a record $2,798.24/oz yesterday, NexGold (NEXG.v NXGCF) began phase 2 drilling at its Goliath Gold Project, complementing ongoing drilling at its Goldboro Project.
https://nexgold.com/nexgold-commences-next-phase-of-diamond-drilling-at-the-goliath-gold-complex/

Drilling targets high-grade expansion and supports NEXG's 200k oz/year production goal. Full news breakdown here⬇️
https://www.reddit.com/r/smallstreetbets/comments/1ie1zno/nexgold_nexgv_nxgcf_starts_next_phase_of_drilling/
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StockInfo11 StockInfo11 5 days ago
Gold hit a record $2,798/oz today as NexGold (NEXG.v NXGCF) launched Phase 2 drilling at its Goliath Gold Complex in Ontario. The 13,000m program aims to expand high-grade gold zones and resource potential. NexGold is also drilling at its Goldboro Project. Based on current estimates, these projects combined can produce 200k oz/year.
https://nexgold.com/nexgold-commences-next-phase-of-diamond-drilling-at-the-goliath-gold-complex/

*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 6 days ago
NexGold Mining (NEXG.v NXGCF) has launched a 25,000m drill program at its newly acquired Goldboro Gold Project in Nova Scotia (P&P Reserves: 15.8Mt at 2.26 g/t gold). The two-phase program aims to refine geological models, expand resources, and support an updated Mineral Resource for the project in 2025. Full details: https://nexgold.com/nexgold-initiates-inaugural-25000-metre-diamond-drill-program-and-plans-an-updated-mineral-resource-at-the-goldboro-gold-project

*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 6 days ago
NexGold Mining (NEXG.v NXGCF) has launched a 25,000m drill program at its newly acquired Goldboro Gold Project in Nova Scotia (P&P Reserves: 15.8Mt at 2.26 g/t gold). The two-phase program aims to refine geological models, expand resources, and support an updated Mineral Resource for the project in 2025. Full details: https://nexgold.com/nexgold-initiates-inaugural-25000-metre-diamond-drill-program-and-plans-an-updated-mineral-resource-at-the-goldboro-gold-project

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 1 week ago
Where early results are already hinting at untapped gold potential beyond previous estimates,
NexGold Mining (NEXG.V NXGCF) is undertaking an ambitious 25,000-meter diamond drilling program at the Goldboro Gold Project in Nova Scotia: https://x.com/StckMasterFlash/status/1883981101821292629
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With Phase I of the program targeting 15,000 meters to expand resources and refine the open-pit design, this exploration effort aims to upgrade existing Indicated and Inferred resources while unlocking new opportunities in one of Canadaโ€™s most promising gold projects.
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Backed by a strong economic profile and strategic location, the Goldboro project boasts a 10.9-year mine life with projected annual production of 100,000 ounces at a competitive US$849/ounce AISC.
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Analysts are bullish, with Ron Stewart of Red Cloud Securities assigning a speculative Buy rating and a CA$2.50 price targetโ€”a 262% upside. As gold prices are projected to climb in the coming years, NEXG's resource expansion and feasibility-driven updates make it a standout opportunity in the undervalued gold sector.
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CommodityCoverage CommodityCoverage 1 week ago
As detailed by Streetwise Reports, NexGold Mining (NEXG.V NXGCF) is taking a bold step forward with a 25,000-meter diamond drilling program at its flagship Goldboro Gold Project in Nova Scotia, aiming to unlock the full potential of one of Canada's most advanced gold development projects: https://www.streetwisereports.com/article/2025/01/24/drilling-confirms-gold-expansion-beyond-previous-estimates-in-nova-scotia.html 

With the goal of refining resource estimates and upgrading classifications, this program could significantly enhance the project's already robust economics, which include a projected 10.9-year mine life and an impressive after-tax IRR of 37.5% at US$1,920 gold.

Amid gold prices expected to rise to record highs in 2025, analysts are identifying NEXG as an undervalued opportunity with a 262% upside given the junior miner is poised to capitalize on favorable market dynamics. More info: https://x.com/StckMasterFlash/status/1882146280685646194
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CommodityCoverage CommodityCoverage 2 weeks ago
Starting with a 15,000-metre Phase I, NexGold Mining (NEXG.V NXGCF) has commenced an inaugural 25,000-metre drilling program at its Goldboro Project in Nova Scotia, targeting the Goldboro Deposit: https://x.com/StckMasterFlash/status/1882146280685646194

Aiming to enhance geological and grade continuity, upgrade certain Inferred and Indicated Mineral Resources, and potentially add new open-pit resources, the findings will contribute to an updated Goldboro Mineral Resource Estimate in 2025 and will ultimately form the basis of an updated Feasibility Study on the Project.
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StockInfo11 StockInfo11 2 weeks ago
Yesterday, NEXG.v (NXGCF) launched a 25km drill program at its newly-acquired Goldboro Gold Project. Focused on improving grade continuity, expanding open-pit potential & upgrading resources the two-phase program will inform NEXG's 2025 Mineral Resource Estimate update. Full news breakdown here⬇️
https://www.reddit.com/r/smallstreetbets/comments/1i7px2j/nexgold_mining_nexgv_nxgcf_launches_25000m_drill/
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StockInfo11 StockInfo11 2 weeks ago
NexGold Mining (NEXG.v NXGCF) launched a 25,000m diamond drill program at its new Goldboro Gold Project in Nova Scotia today. The two-phase program aims to enhance grade continuity, upgrade resources, and support a 2025 Mineral Resource update, building on recent drilling success.
https://nexgold.com/nexgold-initiates-inaugural-25000-metre-diamond-drill-program-and-plans-an-updated-mineral-resource-at-the-goldboro-gold-project/

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 2 weeks ago
Today, NexGold Mining (NEXG.V NXGCF) announced it has commenced an inaugural 25,000-metre drilling program at its Goldboro Project in Nova Scotia, targeting the Goldboro Deposit: https://nexgold.com/nexgold-initiates-inaugural-25000-metre-diamond-drill-program-and-plans-an-updated-mineral-resource-at-the-goldboro-gold-project/

Starting with a 15,000-metre Phase I, the program aims to enhance geological and grade continuity, upgrade certain Inferred and Indicated Mineral Resources, and potentially add new open-pit resources. The findings will contribute to an updated Goldboro Mineral Resource Estimate in 2025 and will ultimately form the basis of an updated Feasibility Study on the Project.
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CommodityCoverage CommodityCoverage 2 weeks ago
Last week, NexGold Mining (NEXG.V NXGCF) highlighted its 2024 achievements and outlined priorities for 2025, positioning itself as a leading near-term gold developer in Canada. With 4.7 million ounces of measured and indicated gold resources, NEXG aims to produce over 200,000 ounces annually from its flagship projects, Goliath Gold Complex in Ontario and Goldboro Gold Project in Nova Scotia: https://www.streetwisereports.com/article/2025/01/15/promising-high-grade-gold-exploration-campaigns-in-nova-scotia-and-ontario.htmlย 

Following a transformative 2024 including two mergers creating a 6 million ounce project portfolio, NEXG is set for a milestone filled 2025 in launching two extensive 25,000m drill campaigns at both its gold projects, Goldboro and Goliath, targeting resource expansion and new discoveries: https://x.com/StckMasterFlash/status/1879624465002488295
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StockInfo11 StockInfo11 2 weeks ago
Red Cloud Sec has given NEXG a Speculative Buy with a CA$2.50 price target (>262% potential return from the current price).
https://www.streetwisereports.com/article/2025/01/15/promising-high-grade-gold-exploration-campaigns-in-nova-scotia-and-ontario.html

NexGold Mining (NEXG.v NXGCF) is advancing high-grade gold projects with 4.7M oz of combined M&I resources, targeting 200k oz annual production. NEXG's plans include expansion drilling, feasibility studies & pre-construction preparation. Full article breakdown⬇️
https://www.reddit.com/r/smallstreetbets/comments/1i3uc45/nexgold_mining_corp_nexgv_nxgcf_advancing/
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StockInfo11 StockInfo11 3 weeks ago
NexGold Mining Corp. (NEXG.v, NXGCF) was highlighted in a recent Streetwise Reports article for its high-grade near-term gold projects in Ontario and Nova Scotia, targeting 200k oz annual production. Backed by 4.7M oz resources and strategic investors like Frank Guistra and Sprott, NexGold is set for growth in 2025. Full article: https://www.streetwisereports.com/article/2025/01/15/promising-high-grade-gold-exploration-campaigns-in-nova-scotia-and-ontario.html

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 3 weeks ago
Following a transformative 2024 including two mergers creating a 6 million ounce project portfolio, NexGold Mining (NEXG.V NXGCF) is set for a milestone filled 2025 in launching two extensive 25,000m drill campaigns at both its gold projects, Goldboro and Goliath, targeting resource expansion and new discoveries: https://x.com/StckMasterFlash/status/1879624465002488295

Alongside exploration, NEXG is progressing feasibility studies with updates expected in 2025, and securing critical permits to pave the way for construction readiness. These initiatives, paired with NEXG's commitment to community engagement and sustainability, position the company as a compelling opportunity and as one of Canadaโ€™s most advanced near-term gold developers.
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StockInfo11 StockInfo11 3 weeks ago
Today, Canadian gold developer NexGold Mining (NEXG.v NXGCF) reflected on its transformative 2024, highlighted by strategic M&A that expanded its portfolio. In 2025, the company aims to advance its flagship Goliath and Goldboro projects, progressing toward 200,000+ oz annual gold production.
https://nexgold.com/nexgold-provides-summary-of-its-transformative-year-and-outlines-key-priorities-for-2025/

*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 3 weeks ago
NexGold Mining (NEXG.v NXGCF) targets over 200k oz annual gold production, leveraging its 6M+ oz resource base. Key assets include the Goldboro Project in Nova Scotia (1.15M oz reserves, 100k oz/year potential) and the Goliath Complex in Ontario (1.31M oz reserves, 109k oz/year potential). More⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1hyj6wk/nexgold_mining_nexgv_nxgcf_targets_over_200000_oz/
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CommodityCoverage CommodityCoverage 3 weeks ago
Exploration-focused NexGold Mining (NEXG.V) is dedicated to uncovering high-potential gold deposits in underexplored and geologically promising regions with a strategic emphasis on assets in mining-friendly jurisdictions. Seeks to capitalize on the rising demand for gold as both a store of value and a critical resource in the global economy, NEXG's approach combines modern exploration techniques with historical data analysis to identify projects with significant upside potential, ensuring a disciplined and value-driven strategy in its operations: https://www.reddit.com/r/PennyStocksCanada/comments/1hyj6wk/nexgold_mining_nexgv_nxgcf_targets_over_200000_oz/

Targeting untapped opportunities that could yield high-grade discoveries with relatively low development costs, NEXG's portfolio has them on track to produce over 200,000 ounces of annual gold production leveraging a 6 million ounce portfolio that includes the Goliath Gold Project and Goldboro Project in Canada. With gold prices maintaining strength amid global economic uncertainty, NEXG offers a compelling opportunity to gain exposure to exploration upside in a commodity that continues to play a vital role in wealth preservation and industrial applications.ย 
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CommodityCoverage CommodityCoverage 3 weeks ago
Adding a 3.1M ounce gold deposit to its portfolio following its merger with Signal Gold, NexGold Mining (NEXG.V) has earned a speculative "Buy" rating and a target price of CA$2.50 from Red Cloud Securities: https://x.com/StckMasterFlash/status/1877837387323101534

Featuring an open-pit M&I resource of 1.4M ounces at 2.822 g/t Au and underground resources of 1.2M ounces at 6.085 g/t Au, underpinning Probable reserves of 1.2M ounces, NEXG's new Goldboro Project offers significant growth potential through infill drilling, optimized pit design, and deeper underground exploration, which could extend mine life and increase resources. This comes in addition to NEXG's Goliath Gold Project, which boasts an M&I resource of 67.7 million tonnes grading 0.98 grams per tonne (g/t) gold, containing approximately 2.14 million ounces of gold.
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StockInfo11 StockInfo11 4 weeks ago
NexGold Mining (NEXG.v NXGCF) strengthens its position with 6M ounces of gold resources following its merger with Signal Gold. The company is targeting 200k oz of annual production across advanced projects, supported by high-grade drill results, feasibility studies, and strong permitting progress. More on NEXG from its CEO here⬇️

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 4 weeks ago
'Gold Explorer Acquires Premium 3.1M-Ounce Deposit in Nova Scotia' - Red Cloud Securities analyst Ron Stewart has maintained a speculative "Buy" rating on NexGold Mining Corp. (NEXG.V) with a target price of CA$2.50, highlighting significant upside potential following the company's merger with Signal Gold: https://www.streetwisereports.com/article/2024/12/23/gold-explorer-acquires-premium-3-1m-ounce-deposit-in-nova-scotia.html

This merger brought the 3.1-million-ounce Goldboro gold deposit in Nova Scotia into NexGold's portfolio, which features an open-pit Measured and Indicated resources of 1.4M ounces at 2.822 g/t Au and underground resources of 1.2M ounces at 6.085 g/t Au, underpinning Probable reserves of 1.2M ounces. For more information, refer to this deep dive: https://www.reddit.com/r/PennyStocksCanada/comments/1hq14s4/video_summary_dd_nexgold_mining_nexgv_nxgcf_ceo/
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StockInfo11 StockInfo11 4 weeks ago
The WSJ recently highlighted analyst projections of gold reaching $3k/oz this year, driven by geopolitical uncertainty, expected interest rate cuts and other factors.
https://www.wsj.com/finance/commodities-futures/gold-price-records-expectations-4252d27e

NexGold Mining (NEXG.v NXGCF) is leveraging this favorable market with a strategic focus on asset expansion through exploration and M&A. Now overseeing 4.7M oz of M&I resources across two flagship gold projects, NEXG is targeting 200k+ oz in annual production. Full NEXG DD here⬇️
https://www.reddit.com/r/smallstreetbets/comments/1hx0ft3/nexgold_mining_nexgv_nxgcf_completes_merger_with
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StockInfo11 StockInfo11 4 weeks ago
Gold prices surged 27% in 2024, hitting $2,617/oz, with forecasts projecting $3,000/oz this year amid rate cut expectations and geopolitical tensions.
https://www.wsj.com/finance/commodities-futures/gold-price-records-expectations-4252d27e

Aligning with these trends, NexGold Mining (NEXG.v NXGCF) recently expanded to a 4.7Moz gold resource company targeting 200,000+ oz of annual production.
https://nexgold.com/nexgold-and-signal-gold-complete-business-combination

*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 1 month ago
NEXG.v CEO, Morgan Lekstrom, recently highlighted growth plans after acquiring Signal Gold.

NEXGโ€™s Goliath & Goldboro projects hold 6 Moz in resources, targeting 200,000 oz/year gold production. Permitting is nearing completion, with construction decisions expected by Q3 2025. Full interview summary⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1hq14s4/video_summary_dd_nexgold_mining_nexgv_nxgcf_ceo/
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Consequent Consequent 1 month ago
Recommend this post about NexGold Mining Corp.โ€™s (NEXG.v NXGCF) recent business combination with Signal Gold.

The combination creates a near-term gold developer advancing NexGoldโ€™s Goliath Gold Complex Project in Northern Ontario and Signal Goldโ€™s Goldboro Gold Project in the historic Goldboro Gold District in Nova Scotia.

https://www.reddit.com/r/PennyStocksCanada/comments/1hs50y0/nexgold_mining_corp_nexgv_nxgcf_business/

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 1 month ago
Having finalized their merger, NexGold Mining (NEXG.v, NXGCF) and Signal Gold have created a stronger gold developer with substantial near-term production potential, bringing together NEXG's Goliath Gold Complex in Northern Ontario and Signal Gold's Goldboro Project in Nova Scotia, two cornerstone assets poised for significant development: https://www.reddit.com/r/PennyStocksCanada/comments/1hq14s4/video_summary_dd_nexgold_mining_nexgv_nxgcf_ceo/

Targeting an impressive annual production of 200,000 ounces of gold, this positions NEXG as the next mid-tier gold producer in the making, strategically capitalizing on the rising gold market, with projections that both its projects could reach $1 billion NPV at $2,500/oz gold.
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StockInfo11 StockInfo11 1 month ago
NexGold Mining (NEXG.v NXGCF) CEO Morgan Lekstrom discusses plans for 200,000 oz annual gold production with David Lin (232k Subscribers). With 6M oz resources across its flagship gold projects NexGold targets near-term production.

Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 1 month ago
NexGold (NEXG.v NXGCF) has acquired Signal Gold (SGNL SGNLF) and now targets >200,000 oz annual gold production with 4.7M oz M&I resources in Ontario & Nova Scotia, backed by permits, infrastructure, and a new groundbreaking Indigenous Benefits Agreement. Full DD & news breakdown here⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1hl1o41/nexgold_nexgv_nxgcf_acquires_signal_gold_targets/
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StockInfo11 StockInfo11 1 month ago
With the acquisition of SGNL and its Goldboro project, NEXG.v now controls 4.7Moz of M&I gold resources. + A recent & historic Indigenous Benefits Agreement for Goldboro is expected to improve permitting certainty and support NEXGโ€™s smooth advancement toward production.
https://www.accesswire.com/953797/signal-gold-inc-and-the-assembly-of-nova-scotia-mikmaw-chiefs-sign-historic-benefits-agreement-for-the-goldboro-project

*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 2 months ago
Morgan Lekstrom, CEO of near-term gold junior NexGold Mining (NEXG.v NXGCF), recently discussed the US dollar, gold market dynamics & NEXG's progress w/ David Lin (232k Subs).

Lekstrom highlighted NEXG's 6M oz gold resource, high-grade drill results & plans for permitting, construction, and more. Full video breakdown here⬇️
https://www.reddit.com/r/Wealthsimple_Penny/comments/1hi76ma/nexgold_mining_nexgv_nxgcf_ceo_morgan_lekstrom/
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Consequent Consequent 2 months ago
NexGold Mining Corp. (NEXG.v NXGCF) โ€œhave created a stronger and larger company with two cornerstone assets that we believe are near-term gold development projects.โ€ - President, CEO, & Director Kevin Bullock on the recent business combination with Signal Gold which saw NexGold acquire all of the issued and outstanding common shares of Signal Gold.

The Arrangement combines the two companies to create a near-term gold developer advancing NexGoldโ€™s Goliath Gold Complex Project in Northern Ontario and Signal Goldโ€™s Goldboro Gold Project in the historic Goldboro Gold District in Nova Scotia.

https://nexgold.com/nexgold-and-signal-gold-complete-business-combination/

*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 2 months ago
In a recent interview with David Lin (232k subscribers), NexGold Mining (NEXG.v NXGCF) CEO Morgan Lekstrom discussed the U.S. dollar's outlook and NexGold's two advanced-stage gold projects with a combined 6Moz gold resource, highlighting plans to advance towards production. Full video here:
*Posted on behalf of NexGold Mining Corp.
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StockInfo11 StockInfo11 2 months ago
Canadian gold developer NexGold (NEXG.v NXGCF) has completed its acquisition of Signal Gold (SGNL SGNLF), increasing its M&I resources to 4.7M oz.
https://nexgold.com/nexgold-and-signal-gold-complete-business-combination/

As part of this merger, SGNL CEO, Kevin Bullock, is now NEXG's President & CEO and will lead the company towards annual gold production of >200k oz.. Full news summary here⬇️
https://www.reddit.com/r/PennyStocksCanada/comments/1hgo1qi/nexgold_nexg_and_signal_gold_finalize_merger/
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CommodityCoverage CommodityCoverage 2 months ago
"Gold is on the brink of a major breakout. Gold broke out in the last days of June and rallied nearly 7% within less than 3 weeks. Since November 2024, gold was forming pretty similar pattern and I expect gold to breakout by the end of the present week and rally 7% towards $2,850 by Trump's inauguration. Thereafter, a 2-month consolidation and run to $3.1k by April 2025."
https://x.com/hajiyev_rashad/status/1869312816663900270

Following its acquisition of Signal Gold, NexGold Mining (NEXG.v, NXGCF) stands as a leading near-term gold developer in Canada that's targeting annual production of 200,000 ounces of gold with ~6M ounces of gold resources and two advanced projects: https://www.reddit.com/r/Wallstreetbetsnew/comments/1hdrcoj/nexgold_nexg_and_signal_gold_finalize_merger/
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StockInfo11 StockInfo11 2 months ago
NexGold (NEXG.v NXGCF) and Signal Gold (SGNL) finalized their merger, combining the Goliath Gold Complex in Ontario and Goldboro Project in Nova Scotia. With 4.7Moz M&I gold resources and plans for 200Koz annual production, NEXG gains a diversified asset base, exploration upside, and near-term development potential.
https://nexgold.com/nexgold-and-signal-gold-complete-business-combination/

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 2 months ago
Bringing together two advanced projects, the Goliath Gold Complex in Northern Ontario and Goldboro Gold Project in Nova Scotia, for ~6M ounces of gold resources, NexGold Mining (NEXG.v, NXGCF) and Signal Gold have created a leading near-term gold developer in Canada with the completion of their merger under the NEXG name: https://www.reddit.com/r/Wallstreetbetsnew/comments/1hdrcoj/nexgold_nexg_and_signal_gold_finalize_merger/

Targeting annual production of 200,000 ounces of gold, NEXG has significant exploration potential and a strong team capable of delivering a multi-asset producer with significant backing from major investors like Frank Giustra and Sprott Asset Management.
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StockInfo11 StockInfo11 2 months ago
NexGold (NEXG.v NXGCF) has completed its merger with Signal Gold, boosting its estimated resources to 4.7M oz of gold and its future production potential to over 200,000 oz annually. This solidifies NEXG as a top near-term Canadian gold developer. Full news breakdown and DD here⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1hdrcoj/nexgold_nexg_and_signal_gold_finalize_merger/
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CommodityCoverage CommodityCoverage 2 months ago
Creating a stronger gold developer with significant near-term production potential, NexGold Mining (NEXG.v, NXGCF) and Signal Gold announced the completion of their merger last Friday, combining NEXG's Goliath Gold Complex Project in Northern Ontario and SGNLโ€™s Goldboro Gold Project in Nova Scotia: https://nexgold.com/nexgold-and-signal-gold-complete-business-combination/

Targeting an impressive annual production of 200,000 ounces of gold, this positions NEXG as the next mid-tier gold producer in the making, strategically capitalizing on the rising gold market, with projections that both its projects could reach $1 billion NPV at $2,500/oz gold.
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StockInfo11 StockInfo11 2 months ago
NexGold (NEXG.v/NXGCF) and Signal Gold (SGNL/SGNLF) finalized their merger today, combining NexGold's Goliath Gold Complex in Ontario and Signalโ€™s Goldboro Project in Nova Scotia. With 4.7M oz gold resources and plans for 200k+ oz annual production, the deal advances NexGold as a top near-term gold developer.
Full news here: https://nexgold.com/nexgold-and-signal-gold-complete-business-combination/

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 2 months ago
Marking a landmark agreement, Signal Gold (To be merged with NexGold Mining (NEXG.v, NXGCF)) signed a historic benefits agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs (ANSMC) for the Goldboro Project in Nova Scotia's historic Goldboro Gold District: https://x.com/StckMasterFlash/status/1867329284064383460

With an 11-year open-pit mine life with an annual gold production of 100,000 ounces, the Goldboro Project is an advanced-stage gold development project boasting a measured and indicated mineral resources of 1.42 million ounces and underground measured and indicated resources of 1.16 million ounces.
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CommodityCoverage CommodityCoverage 2 months ago
Today, Signal Gold, soon to be acquired by NexGold Mining (NEXG.v, NXGCF), announced the signing of a historic benefits agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs (ANSMC) for the Goldboro Project in Nova Scotia's historic Goldboro Gold District: https://www.accesswire.com/953797/signal-gold-inc-and-the-assembly-of-nova-scotia-mikmaw-chiefs-sign-historic-benefits-agreement-for-the-goldboro-project

Marking a major hurdle, this landmark agreement is the first of its kind in Nova Scotia and acknowledges Mi'kmaq Aboriginal and Treaty Rights and Title, committing to collaboration on environmental, cultural, social, and economic priorities throughout the project's lifecycle.
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CommodityCoverage CommodityCoverage 2 months ago
Gold prices rose for a third consecutive day driven by expectations of a Federal Reserve interest rate cut next week following modest US inflation data as steady inflation provides room for monetary easing with additional support for gold coming from central bank demand, including renewed purchases by Chinaโ€™s PBOC, which seeks to diversify reserves amidst currency fluctuations. According to mining.com, analysts project gold could hit $3,000 per ounce by the end of 2025, bolstered by easing bond yields, geopolitical risks, and sustained central bank buying. (Source: https://www.mining.com/gold-price-advances-further-as-inflation-data-affirms-rate-cut-bets/)

As the gold sector continues to thrive amidst rising demand and strategic acquisitions, NexGold Mining (NEXG.v, NXGCF) is strategically advancing toward its goal of becoming a mid-tier gold producer, highlighted by its acquisition of Signal Gold, which adds approximately 6 million ounces of gold resources, including 4.7 million in high-confidence categories. With robust financial backing from investors like Frank Giustra and Sprott Asset Management, along with $25 million in treasury funds, NexGold is well-positioned to develop its expanded portfolio, aiming for over 200,000 ounces of annual gold production by 2025. The acquisition not only enhances resources but also creates operational synergies that streamline development and accelerate timelines, marking a transformative phase in the company's growth strategy. (Source: https://www.reddit.com/r/PennyStocksCanada/comments/1h0pspz/nexgold_mining_corp_nexgv_nxgcf_strategic_ma/)
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CommodityCoverage CommodityCoverage 2 months ago
As detailed by Streetwise Reports, NexGold Mining (NEXG.v, NXGCF) recently reported high-grade drill results from its Goliath Gold Complex in northwestern Ontario, including a standout intersection of 117.95 g/t gold over 2.7 meters, with 635 g/t gold over 0.5 meters: https://www.streetwisereports.com/article/2024/12/10/high-grade-gold-discovery-signals-bright-future-in-ontario.htmlย 

The Goliath Gold Complex, with a pre-tax NPV of $652M and an IRR of 41.1% at a $2,150 gold price, is advancing toward production with federal environmental approvals and final permitting underway. Backed by cornerstone investors like Frank Giustra and robust finances, NexGold is strategically positioned for growth through aggressive exploration and development initiatives. Analysts remain bullish, citing the ongoing drilling program as a key catalyst for resource expansion and valuation growth.
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StockInfo11 StockInfo11 2 months ago
NEXG.v (NXGCF) recently announced high-grade results from C Zone East at its Goliath Gold Complex, including 50.81 g/t Au over 6.3m, w/ 635 g/t Au over 0.5m. Drilling showed strong down-dip continuity, visible gold & resource expansion potential at the project's 65km strike. Full news summary⬇️
https://www.reddit.com/r/Wallstreetbetsnew/comments/1h8gt8u/nexgold_mining_corp_nexgv_nxgcf_reports_highgrade/
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CommodityCoverage CommodityCoverage 2 months ago
Underscoring the deposit's significant down-dip and high-grade potential, alongside its potential to scale into a much larger system, NexGold Mining (NEXG.v, NXGCF) unveiled the latest results from its Goliath Gold Complex, highlighting a standout intersection of 117.95 g/t Au over 2.7m, including an impressive 635 g/t Au over 0.5m: https://x.com/StckMasterFlash/status/1864788648681484669

These results, as part of a 25,000m drill program, reinforce NEXG's strategy to expand its 6-million-ounce resource base with advanced permitting, $25M cash, institutional backing, and a clear path to becoming a mid-tier gold producer targeting 200,000 ounces annually.
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StockInfo11 StockInfo11 2 months ago
Yesterday, NexGold (NEXG.v or NXGCF) announced high-grade results from C Zone East at its Goliath Gold Complex, including 50.81 g/t Au over 6.3m with 635 g/t Au over 0.5m. Initial drilling at Interlakes also intersected up to 2.23 g/t Au over 1.5m, showcasing orogenic-style gold mineralization hosted in quartz veins.
https://nexgold.com/nexgold-intersects-6-3-metres-of-50-81-g-t-au-including-635-g-t-au-over-0-5-metres-from-visible-gold-core-sample-at-the-c-zone-east/

*Posted on behalf of NexGold Mining Corp.
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CommodityCoverage CommodityCoverage 2 months ago
Unveiling high-grade drilling results from the C Zone East at its Goliath Deposit, NexGold Mining (NEXG.v, NXGCF) highlighting a standout intersection of 117.95 g/t Au over 2.7m, including an impressive 635 g/t Au over 0.5m yesterday: https://x.com/StckMasterFlash/status/1864788648681484669

These results, part of a 25,000m drill program, underscore the deposit's significant down-dip high-grade potential and its potential to scale into a much larger system. Additional findings at the Interlakes area further extend the mineralized trend beyond the Goliath and Goldlund deposits, reinforcing the company's strategy to expand its 6-million-ounce resource base. With advanced permitting, $25M cash, institutional backing, and a clear path to becoming a mid-tier gold producer targeting 200,000 ounces annually, NexGold is positioned as a standout growth story in Canada's gold sector.
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CommodityCoverage CommodityCoverage 2 months ago
Today, NexGold Mining (NEXG.v NXGCF) announced high-grade results from the C Zone East, including the intersection of 6.3m of 50.81g/t Au including 635g/t Au over 0.5m from a visible gold core sample, located below the current mineral resource on the eastern end of the C Zone at its Goliath Deposit: https://nexgold.com/nexgold-intersects-6-3-metres-of-50-81-g-t-au-including-635-g-t-au-over-0-5-metres-from-visible-gold-core-sample-at-the-c-zone-east/

Notably, this reinforces the belief of a much larger system at play at Goliath as NEXG's recent work at Interlakes shows the mineralized trend extending beyond just Goldlund and Goliath, hinting at further growth potential.
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StockInfo11 StockInfo11 2 months ago
NexGold Mining (NEXG.v NXGCF) recently intersected visible gold 70m below a prior high-grade zone at its Goliath Gold Complex, indicating significant resource expansion potential. This discovery precedes NexGold's merger with Signal Gold, aiming to form a leading Canadian gold developer with a combined 4.7Moz in Measured and Indicated resources.
https://nexgold.com/nexgold-intersects-visible-gold-70-metres-below-a-previous-result-of-193-g-t-over-1-metre-showing-extension-to-the-c-zone-east-area-at-the-goliath-deposit/

*Posted on behalf of NexGold Mining Corp.
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