08:59 AM EST, 01/22/2025 (MT Newswires) -- NeXGold Mining ( NXGCF ) said Wednesday that it launched an inaugural 25,000-meter drill program on the Goldboro project in Nova Scotia.
The program aims to infill specific areas of the open pit mineral resource identified to improve geological and grade continuity, as well as potentially upgrade certain areas of inferred and indicated mineral resources.
The campaign comprises 15,000 meters of drilling in phase one and 10,000 meters of drilling in phase two.
"With up to 25,000 meters of diamond drilling focused on specific open pit portions of the deposit and the potential for upgrading of mineral resources, the drill results will be included in a planned mineral resource update for the Goldboro deposit in 2025, which will ultimately form the basis of an updated feasibility study on the Goldboro gold project," President and CEO Kevin Bullock said.