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Cover for Nexgold Mining - Merger With Signal Gold; The Roadmap To Advancing Both The Goliath Gold Complex and Goldboro Project

Nexgold Mining - Merger With Signal Gold; The Roadmap To Advancing Both The Goliath Gold Complex and Goldboro Project

October 29, 2024
  • Company
KEReport
By KEReport
KEReport

Morgan Lekstrom, President of NexGold Mining (TSXV: NEXG; OTCQX: NXGCF) joins us to provide more information on the merger with Signal Gold.

The merger is set to create one of Canada's most advanced near-term gold developers. NexGold, holding the Goliath Gold Complex in Ontario, and Signal Gold, with the Goldboro Gold Project in Nova Scotia, aim to become mid-tier producers. Morgan discusses the strategic reasons behind this merger and the $17 million private placement that will help advance the assets. Key topics include the permitting progress, resource expansion through ongoing drilling, updating a feasibility study, and the vision to produce between 200,000 and 500,000 ounces of gold annually. We also touch on long-term plans, potential future mergers, and catalysts driving the company's share price.

If you have any follow up questions for Morgan please email me at Fleck@kereport.com. 

Click here to visit the NexGold Mining website to read over the recent news and learn more about the Company.

KEReport
KEReport
The KE Report provides exclusive interviews with private money managers and sub $10 billion market cap companies. Interviews are published daily to help investors navigate the markets.
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