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NexGold Mining Corp. is a gold-focused exploration and development company with assets in Canada and is listed on the TSX Venture Exchange (“TSXV”) under the symbol “NEXG” and on the OTCQX® Best Market under the symbol NXGCF. NexGold’s 100%-owned Goliath Gold Complex in northwestern Ontario has received federal government permission to proceed on final authorizations and permits, following successful completion of the environmental assessment process. The Goliath Gold Complex is slated to become one of Canada’s next producing gold mines.
Partially permitted, advanced development project in Ontario, which generated Pre-Feasibility Study economics of $652 million NPV5%, and a 41.1% IRR at US$2,150/oz Au. A feasibility study and final permits are in process.
Anchored by cornerstone investor Frank Giustra, the Company has initiated a proactive strategy to evaluate potential acquisitions to create path to mid-tier producer status.
Expanded discovery-based exploration of the 65KM strike at the Goliath Gold Complex, Ontario overseen by an experienced team, allowing for dual-track value realization through both development and exploration.
Strong cash position will allow NexGold to accelerate development and exploration activities, while executing on plans to increase mineable resources and make new discoveries.
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