08:49 AM EDT, 08/07/2024 (MT Newswires) -- NexGold Mining ( NXGCF ) on Wednesday commenced a multi-stage exploration program, including a 25,000-metre diamond drilling program, at its Goliath Gold Complex located in northwestern Ontario.

Phase 1 of this campaign is focused on the area between the Goliath and Goldlund deposits, which have seen very little historical drilling in between.

According to a company statement, Phase 1 will include 4,000 metres at Interlakes target between Goliath and Goldlund, with 9-12 months of consistent drilling activity.

"We are refocusing the company on a dual path that emphasizes high potential exploration and working through the provincial permitting along with local steps for a build," said President Morgan Lekstrom. "A new revitalization of exploration is being undertaken to show the potential scale and size of this district while advancing key discovery areas within our 65 kilometre strike length."