NeXGold Mining Corp. Advances Gold Exploration with Promising Drilling Results in Nova Scotia
- NexGold Mining Corp. is advancing a 25,000-metre diamond drill program at the Goldboro Gold Project in Nova Scotia.
- The company has completed 30% of its drilling plan, with promising results including 1.60 grams per tonne gold over 36.80 metres.
- NexGold emphasizes community engagement and sustainable practices while managing multiple mining properties, including the Goliath Gold Complex and Niblack project.
NexGold Mining Corp. Advances Gold Exploration in Nova Scotia
NexGold Mining Corp. actively progresses its 25,000-metre diamond drill program at the Goldboro Gold Project in Nova Scotia, focusing on enhancing the geological understanding and grade continuity of its open pit Mineral Resource. As of June 20, 2025, the company has completed roughly 30% of its drilling plan, releasing results from 42 drill holes, including promising findings from 11 additional holes that intersected an impressive 1.60 grams per tonne (gt) gold over 36.80 metres. This drilling campaign is integral not only for improving resource estimates but also for informing the Feasibility Study update, which is crucial for the project's advancement and aligns with the anticipated decision regarding the Nova Scotia Industrial Approval.
President and CEO Kevin Bullock expresses optimism about the drilling results, highlighting their potential to significantly impact the forthcoming Mineral Resource update. The ongoing work is expected to wrap up by the end of the second quarter of 2025, with final assay results anticipated in mid-third quarter. This strategic timing dovetails with the company's efforts to secure necessary approvals from provincial authorities, as the recent receipt of a Notice of Completion regarding the Industrial Approval application marks a pivotal achievement in the permitting process. The results thus far validate the previously known gold mineralization and uncover new opportunities in under-sampled areas, reinforcing the potential of the Goldboro project.
NexGold Mining's commitment extends beyond just resource extraction; the company prioritizes engagement with local communities and Indigenous nations throughout its projects. Alongside the Goldboro Gold Project, NexGold also manages other properties, such as the Goliath Gold Complex in Ontario and the Niblack VMS project in Alaska. This holistic approach not only aims at responsible mining practices but also seeks to build sustainable relationships with stakeholders, further enhancing its operational footprint in the region.
In summary, NexGold's recent drilling successes at the Goldboro Gold Project underscore a significant step forward in its exploration efforts, with the potential to reshape its resource estimates and feasibility outlook. The company's proactive approach to community engagement and regulatory compliance reinforces its dedication to sustainable mining practices and regional development. As the drilling program progresses, stakeholders remain attentive to the upcoming results and their implications for the future of NexGold Mining Corp.
