Mentioned:
NexGold Mining keeps finding more high grade gold in Nova Scotia. And it might turn into Canada’s next large scale open pit gold mine.
What’s happening:
- NexGold Mining (TSXV: NEXG) has announced more assay results from their 25,000 metre drilling program at their Goldboro Gold Project located in Nova Scotia, Canada
By the numbers:
- NexGold Mining intersected 11.87 grams per tonne of gold over 6.1 metres at BR-25-475
- NexGold Mining also intersected 3.77 grams per tonne of gold over 9.1 metres at BR-25-469
Why it matters:
- The Goldboro Gold Project is one of the most promising high grade gold projects in all of Canada and has also just recently received approval for the Crown Land Lease and License which gives NexGold Mining the legal right to build and operate a large scale open pit gold mine
Going deeper:
- NexGold Mining has also been rapidly advancing their Goliath Gold Complex located in northwestern Ontario, which has already received federal environmental assessment approval and is nearing final permitting to begin mine construction
