The latest announcement is out from Treasury Metals ( (TSE:NEXG) ).
NexGold Mining Corp. has announced the commencement of a 25,000-metre diamond drill program at its Goldboro Project in Nova Scotia, aimed at improving the geological and grade continuity of its Mineral Resource. The program is set to inform a planned update to the Goldboro Mineral Resource Estimate, which will support an updated Feasibility Study for the project. This strategic move aligns with the company’s recent milestones, including permitting achievements and agreements with Indigenous communities, positioning NexGold as one of Canada’s leading near-term gold developers.
More about Treasury Metals
NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska, including the Goliath Gold Complex in Ontario and the Goldboro Gold Project in Nova Scotia. The company also holds interests in several other projects across Canada and Alaska, such as the Niblack copper-gold-zinc-silver VMS project. NexGold is committed to engaging with regional communities and Indigenous Nations to create sustainable economic opportunities and promote community wellbeing.
YTD Price Performance: -8.45%
Average Trading Volume: 120,046
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$93.28M
See more data about NEXG stock on TipRanks’ Stock Analysis page.