NexGold Announces Positive Developments in Goliath Gold Complex Feasibility Study

Treasury Metals ( (TSE:NEXG) ) has issued an announcement.

NexGold Mining Corp. has announced potential positive outcomes from its ongoing Feasibility Study for the Goliath Gold Complex, expected to be completed in the second quarter. The company is working on optimizations that may reduce capital costs and improve operational efficiencies by minimizing the project’s footprint and enhancing environmental protections. These efforts include reducing the Tailings Storage Facility surface area and improving water management, which could lead to an earlier closure of waste facilities and lower operating costs, reflecting NexGold’s commitment to responsible development and environmental stewardship.

More about Treasury Metals

NexGold Mining Corp. operates in the mining industry, focusing on the exploration and development of gold deposits. The company owns the Goliath Gold Complex, which includes the Goliath, Goldlund, and Miller deposits located in the Wabigoon Greenstone Belt in northwestern Ontario.

YTD Price Performance: -2.82%

Average Trading Volume: 163,619

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$99.02M

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