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NexGold Secures Key Federal Approval for Goldboro Project

Story Highlights
  • NexGold Mining Corp. is a gold-focused company with operations in Canada and Alaska.
  • NexGold received federal approval for a key amendment, advancing its Goldboro Gold Project towards construction.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NexGold Secures Key Federal Approval for Goldboro Project

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

NexGold Mining Corp. has received Canadian federal approval for an amendment to Schedule 2 of the Metal and Diamond Mining Effluent Regulations for its Goldboro Gold Project. This amendment is a crucial step towards construction, as it designates certain water bodies as tailings impoundment areas, and paves the way for further necessary federal permits. The approval is expected to positively impact NexGold’s operations by facilitating the project’s progress and potentially enhancing its market position.

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 is committed to engaging with regional communities and Indigenous Nations to create sustainable economic opportunities and enhance social value.

Average Trading Volume: 516,851

Technical Sentiment Signal: Sell

Current Market Cap: C$106.9M

Find detailed analytics on NEXG stock on TipRanks’ Stock Analysis page.

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