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NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA

NexGold Mining Corp.

NexGold Mining Corp. is a gold-focused exploration and development company with assets in Canada and is listed on the TSX Venture Exchange (TSXV) under the symbol NEXG and on the OTCQX Best Market under the symbol NXGCF. NexGold's 100%-owned Goliath Gold Complex in northwestern Ontario has received federal government permission to proceed on final authorizations and permits, following successful completion of the environmental assessment process. The Goliath Gold Complex is slated to become one of Canada's next producing gold mines.
NEXG.V:TSXV NXGCF:OTCQX TRC1.F:FRA

NexGold Mining Corp. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

High-Grade Gold Discovery Expands Potential at Ontario's Goliath Deposit

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NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) has successfully intersected visible gold during drilling at its Goliath deposit. Read why NexGold President Morgan Lekstrom says the company has "just touched the surface" of the deposit's potential.
Tags: Gold

Gold Developer Secures US$17M Financing to Drive Exploration and Increase Potential Production Profile

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NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) and Signal Gold Inc. have announced the upsizing of their previously announced concurrent financing to a total of US$17 million due to strong demand. Read how this financing will accelerate the company's gold production from projects in Canada.
Tags: Gold

Rising Gold Price on Fed Rate Cuts to Benefit Juniors

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Based on historical trends, the upcoming interest rate cuts should cause rallies in gold and in turn, positively affect gold equities. Three exploration-stage companies are presented here.
Tags: Gold

Merger Between Gold Cos. to Offer 'Significant Growth Potential'

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NexGold Mining Corp. and Signal Gold Inc. enter into an agreement to combine and produce 200,000 ounces of gold per year from their projects in Ontario and Nova Scotia. One analyst calls it a "major positive development" and recommends both stocks.
Tags: Gold

Analyst Says Merger to Create Canadian Gold Powerhouse

Contributed Opinion
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There's big news out this morning that NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX; TRC1.F:FRA) is to merge with Signal Gold (TSX: SGNL; OTCQB: SGNLF) to create one of Canada's most advanced near-term gold developers with a combined 4.7 million ounces gold (Moz Au) of measured and indicated resources and a plan to achieve 200,000-plus ounces of annual production.
Tags: Gold

Canadian Gold Co. Gains Research Coverage

Research Report
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A portfolio of assets, a clear growth strategy and seasoned management are some of the attributes of this undervalued explorer-developer, noted a Red Cloud Securities report.
Tags: Gold

More Articles


Expert Comments:

headshot of Jay Taylor

Jay Taylor, Hotline

(10/25/24)
"NexGold Mining Corp. and Signal Gold are upsizing the financing that the two companies are doing together before [they] merge, to $17M. . .the concurrent financing is being carried out in connection with the proposed plan of arrangement, pursuant to which NexGold will acquire all of the shares of Signal to create a near-term gold developer."

Ventum Capital Markets

(10/24/24)
"NexGold Mining Corp.'s Goliath is an advanced development project that has completed its environmental assessment, enabling it to progress toward final permitting and authorization. Highlighted by a prefeasibility study, the project boasts a net present value discounted at 5% of approximately CA$652M at a gold price of US$2,150/oz."

headshot of Jay Taylor

Jay Taylor, Hotline

(10/11/24)
"NexGold Mining Corp. announced that it has entered into a definitive agreement to merge with Signal Gold. . .collectively, the two companies will hold some 4.7 Moz of gold with plans to reach a 200 Koz annual production profile with the advanced-stage projects of each company producing around 100 Koz/year."

Ron Stewart, Red Cloud Securities

(10/11/24)
"NexGold Mining Corp. has entered into a definitive agreement to merge with Signal Gold in an all-stock deal. . .the transaction looks friendly, synergistic and on favorable terms."

Clive Maund, CliveMaund.com

(10/10/24)
"NexGold Mining Corp.'s merger with Signal Gold is seen as a major positive development for both companies, especially as the concurrent financing looks set to be well taken up, with the stocks of both companies at good entry points."

Ron Stewart, Red Cloud Securities

(9/6/24)
"We are initiating coverage of NexGold Mining Corp. with a Buy (Speculative) rating. . .the company has a three-pronged strategy to 1) fast-track the Goliath gold project (GGP) to production, 2) explore and maximize the resource potential of the GGP property and 3) look to acquire advanced gold development projects and production centers to expand its production base."

More Expert Comments

Experts Following This Company

headshot of Taylor Combaluzier
Taylor Combaluzier, Mining Analyst – Red Cloud Securities
Clive Maund – CliveMaund.com
Ron Stewart, Analyst – Red Cloud Securities
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks

Company News 

10/28/2024 – NexGold Intersects Visible Gold 70 metres below a previous result of 193 g/t over 1 metre showing extension to the C Zone East area at the Goliath Deposit

10/10/2024 – NexGold and Signal Gold Announce Merger to Create one of Canada's Most Advanced Near-Term Gold Developers with a Combined 4.7 million Gold Ounces of Measured and Indicated Resources and a Plan to Achieve 200,000+ ounces of Annual Production

8/28/2024 – [Video Enhanced] NeXGold Mining Drills the Goliath Gold Complex as Mine Re-start Plan Ramps Up

8/22/2024 – NexGold's Spring Program Shows Significant New Gold Mineralization, Expands Exploration Programs at the Goliath Gold Complex

8/7/2024 – NexGold Commences Phase 1 of a 25,000-metre Expansion and Discovery Drilling Campaign at the Goliath Gold Complex

8/6/2024 – NexGold Mining and Wabigoon Lake Ojibway Nation Sign New Relationship Agreement for Goliath Gold Complex

Important Disclosures
NexGold Mining Corp. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

streetwise book logoStreetwise - NexGold Mining Corp. Ownership Overview*

NexGold Mining Corp. (NEXG.V:TSXV; NXGCF:OTCQX)

*Share Structure as of 8/13/2024
Investing Highlights
 
Experienced management with roots in Southeast Alaska and Northwest BC
 
Established VMS Project - Niblack located in Southeast Alaska
 
Golden Triangle Exploration Portfolio - the Hyder Properties, Southeast Alaska
catalyst Calendar
Q3
2024
Drill test additional targets on the Niblack Project
NexGold Mining Corp. Content