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Treasury Metals ( (TSE:NEXG) ) has shared an update.
NexGold Mining Corp. has commenced the next phase of its diamond drilling program at the Goliath Gold Complex in Ontario, aiming to expand its mineral resources and uncover new gold deposits. This phase includes up to 13,000 meters of drilling, targeting mineralization outside the current resource estimate and high-grade areas at depth, with the potential to enhance both open-pit and underground mining opportunities. The company is also engaged in geophysical and geochemical surveys to develop further drill-ready targets and is progressing with feasibility studies and stakeholder engagements, which signal its intent to create significant value for shareholders and stakeholders.
More about Treasury Metals
NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska. The company operates the Goliath Gold Complex in Northwestern Ontario and the Goldboro Gold Project in Nova Scotia. NexGold is committed to sustainable economic opportunities, safe workplaces, and community well-being through inclusive and meaningful dialogue with regional communities and Indigenous Nations.
YTD Price Performance: -11.27%
Average Trading Volume: 118,652
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$91.84M
For an in-depth examination of NEXG stock, go to TipRanks’ Stock Analysis page.
