financetom
Business
financetom
/
Business
/
NeXGold Mining Reports High-Grade Gold Results at Goldboro Project in Nova Scotia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
NeXGold Mining Reports High-Grade Gold Results at Goldboro Project in Nova Scotia
Jul 17, 2025 6:38 AM

09:17 AM EDT, 07/17/2025 (MT Newswires) -- NeXGold Mining ( NXGCF ) reported Thursday additional high-grade drill results from its recently completed 26,854-meter diamond drill program at the Goldboro open pit gold project in Nova Scotia.

Results include 50.73 grams per tonne (g/t) gold over 6.65 meters and 5.28 g/t gold over 19.20 meters.

"We are very pleased to continue to see high-grade gold assays from both the East and West Goldbrook open pit domains and that the assays continue to be generally consistent with our mineral resource model at Goldboro," said Kevin Bullock, NeXGold's president and CEO. "The additional drill intercepts within the east and west pits will help us further refine the model going forward."

The company said it is working to update the mineral resource for Goldboro, which will form the basis for an updated feasibility study.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved