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NexGold's Goldboro Project Hits High-Grade Intercepts Amid Strong Gold Market Conditions

Guavy AI Editorial Team
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NexGold Mining Corp. (NEXG:TSX.V; NXGCF:OTCQX; TRC1:FSE) is a Canadian gold mining company with two permitted projects in stable jurisdictions, and CA$101.1 million in cash on its balance sheet.

The company's Goldboro Gold Project in Nova Scotia has reported strong infill drill results, including 61.22 g/t gold over 12 meters in reverse circulation drilling. This supports near-term mine plan areas at the project.

NexGold is advancing its feasibility study for the Goldboro project, with an updated mineral resource estimate and capital and operating cost updates also underway. The company expects completion of the updated feasibility study in 2026.

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