NexGold's Focus on the Goliath Gold Project with a 25,000m Drill Program

August 11, 2024

Company

NexGold, formed through a merger between Black Wolf Copper and Gold and Treasury Metals, is focused on the Goliath Gold Project in Ontario. The project has a 3 million ounce gold deposit with near-term construction permits. NexGold aims to not only achieve production but also explore the 65 kilometers of strike potential in the area. The company also merged in the Niblack project in Southeast Alaska. NexGold raised $6.5 million in a concurrent financing, with Frank Giustra leading the investment. The company plans to continue de-risking Goliath through a 25,000 meter diamond drill program and exploring the Interlakes area.

Mining Stock Daily

Mining Stock Daily is a news-style briefing delivering the day's most important information out of the junior mining and mineral exploration sector. Content is published throughout the world on a dozen different platforms.

View all podcast by Mining Stock Daily

Subscribe for Clear Insights

More Clear Commentary:

Revisiting Tinka Resources with New Exec Chair Brandon Macdonald

Cover for AbraSilver Resource – Next Batch Of Silver And Gold Drill Assays Returned From The Oculto East And JAC Zones Expanding Mineralization At The Diablillos Project

AbraSilver Resource – Next Batch Of Silver And Gold Drill Assays Returned From The Oculto East And JAC Zones Expanding Mineralization At The Diablillos Project

Cover for Silver X Mining – Tangana Operations Update, Expanded PEA, Growth Strategy Through Rising Grades, Plant Throughput Expansion, And District-Scale Exploration

Silver X Mining – Tangana Operations Update, Expanded PEA, Growth Strategy Through Rising Grades, Plant Throughput Expansion, And District-Scale Exploration

Cascadia Minerals – 4,000 Meter 13-hole Drill Program Underway At The Newly Acquired Carmacks Copper-Gold Project In The Yukon

Introduction to Val-d'or Mining Corp

Cover for Blackrock Silver – Key Takeaways From M&I Conversion Mineral Resource Estimate Update and Looking Ahead To The Expanded Resource Estimate Coming Out In Q1 2026

Blackrock Silver – Key Takeaways From M&I Conversion Mineral Resource Estimate Update and Looking Ahead To The Expanded Resource Estimate Coming Out In Q1 2026