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NexGold Reports Promising Gold Intersections at Goldboro Project

Story Highlights
  • NexGold is advancing its Goldboro Project with a 25,000-metre drill program.
  • Recent drilling results show significant gold mineralization, impacting future resource models.
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NexGold Reports Promising Gold Intersections at Goldboro Project

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

NexGold Mining Corp., operating in the mining industry, is advancing its Goldboro Project in Nova Scotia with a 25,000-metre diamond drill program. The program aims to enhance geological and grade continuity and potentially upgrade certain mineral resources. Recent infill drilling results have shown significant gold mineralization, including areas previously not identified, which will be incorporated into a new Mineral Resource Model. This development is expected to support a planned Feasibility Study Update, potentially impacting the company’s resource estimates and project feasibility.

More about Treasury Metals

Average Trading Volume: 485,725

Technical Sentiment Signal: Hold

Current Market Cap: C$109.8M

For an in-depth examination of NEXG stock, go to TipRanks’ Overview page.

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