Key facts
| Company | NexGold Mining Corp (TSXV: NEXG) |
|---|---|
| Commodity | Gold |
| Location | Ontario, Canada |
| Stage | Early exploration |
News releases32 on file
NexGold Announces Closing of C$10 Million Private Placement of Flow-Through Shares
A C$10 million private placement has closed, with 6,060,600 flow-through shares issued at C$1.65 per share. Proceeds equal to the gross amount will be spent on Canadian exploration expenses qualifying as flow-through mining expenditures on or before December 31, 2027, directed to exploration at the Goldboro project in Nova Scotia and the Goliath Gold Complex in Northwestern Ontario. The shares are
FinancingNexGold Announces Closing of C$10 Million Private Placement of Flow-Through Shares
A private placement of 6,060,600 flow-through shares at C$1.65 per share closed for aggregate gross proceeds of C$10 million, placed with two institutional shareholders with no finder's fees or commissions paid. Proceeds equal to the gross amount will fund Canadian exploration expenses qualifying as flow-through mining expenditures, to be incurred on or before December 31, 2027, supporting explora
FinancingNexGold Mining Signs Memorandum of Understanding with Eagle Lake First Nation and Lac Seul First Nation on Goliath Gold Complex
A Memorandum of Understanding has been signed with Eagle Lake First Nation and Lac Seul First Nation covering the Goliath Gold Complex near Dryden, Ontario, setting a framework for collaboration and negotiation as the project moves through environmental permitting, planning and potential future operations. The MOU establishes processes for environmental stewardship, monitoring, community engagemen
CorporateNexGold Announces Closing of C$10 Million Private Placement of Flow-Through Shares
A private placement of 6,060,600 flow-through shares at C$1.65 per share closed for aggregate gross proceeds of C$10 million. Proceeds equal to the gross amount will be used to incur Canadian exploration expenses qualifying as flow-through mining expenditures on or before December 31, 2027, supporting exploration at the Goldboro project in Nova Scotia and the Goliath Gold Complex in Northwestern O
FinancingNexGold Announces Closing of C$10 Million Private Placement of Flow-Through Shares
A C$10 million private placement closed through the issue of 6,060,600 flow-through shares at C$1.65 per share, with no finder's fees or commissions paid. Gross proceeds will fund Canadian exploration expenses qualifying as flow-through mining expenditures, to be incurred on or before December 31, 2027, supporting exploration at the Goldboro project in Nova Scotia and the Goliath Gold Complex in O
FinancingNexGold Mining Signs Memorandum of Understanding with Eagle Lake First Nation and Lac Seul First Nation on Goliath Gold Complex
A Memorandum of Understanding has been signed with Eagle Lake First Nation and Lac Seul First Nation covering the Goliath Gold Complex near Dryden, Ontario, establishing a framework for collaboration and negotiation as the project moves through environmental permitting, planning, development and potential future operations. The MOU sets out processes for environmental stewardship, monitoring, comm
CorporateNexGold Initiates a 25,000-metre Infill Diamond Drill Program at the Goliath Gold Complex, Ontario
Diamond drilling of up to 25,000 metres has commenced at the Goldlund Deposit within the Goliath Gold Complex in northwestern Ontario, aimed at infilling and potentially expanding open-pit Mineral Resources, with a focus on deeper portions and high-grade plunging shoots. The program began late in 2025 and is anticipated to continue throughout 2026. Goldlund hosts 911,000 ounces of gold in Measured
Drill resultsNexGold Intersects High-Grade Gold Mineralization at Goliath West and Extends Gold Mineralization at the Far East Prospect
Drilling at the Goliath Gold Complex in Northwestern Ontario returned 10.25 g/t gold and 2.81 g/t silver over 4.78 metres, including 80.30 g/t gold over 0.53 metre, in hole TL24-689 at Goliath West, and 3.05 g/t gold over 10.80 metres in TL25-692; the 3,759 metres in nine holes extended mineralization at the deposit's west end from 300 metres to about 450 metres depth. At the Far East Prospect, ei
Drill resultsNexGold Provides Positive Update on Tailings Design for Feasibility Study at Goliath Gold Complex
Tailings design optimizations for the Goliath Gold Complex in the Wabigoon Greenstone Belt, northwestern Ontario, include potential to reduce the Tailings Storage Facility surface area by up to 50% through mine plan refinement, reducing waste rock volumes and potentially eliminating the South Waste Rock Storage Area contemplated in the 2023 prefeasibility study, and potentially removing the need f
Study resultsNexGold Commences Next Phase of Diamond Drilling at the Goliath Gold Complex
Phase 2 diamond drilling of up to 13,000 metres has begun at the Goliath Gold Complex in Ontario, continuing the 25,000-metre multi-phase program announced August 7, 2024 that has covered Interlakes, C Zone and Far East. Drilling targets mineralization outside the current Mineral Resource, high-grade plunging shoots at the Goliath Deposit, and an area two kilometres southwest of the Goldlund Depos
Drill resultsNexGold Provides Summary of its Transformative Year and Outlines Key Priorities for 2025
A review of 2024 milestones was provided, including the combination of Treasury Metals and Blackwolf to form NexGold, the acquisition of Signal Gold, a Benefits Agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs, a 20-year Goldboro Mineral Lease, and financings of $6.4 million in July 2024 and $18.8 million in December 2024. Combined Measured and Indicated resources total 4.7 million gold o
CorporateNexGold Intersects 6.3 metres of 50.81 g/t Au including 635 g/t Au over 0.5 Metres from Visible Gold Core Sample at the C Zone East
Drilling below the current mineral resource at the eastern C Zone of the Goliath deposit, part of the Goliath Gold Complex in Northwestern Ontario, returned 6.30 metres grading 50.81 g/t Au in hole TL24-678, including 117.95 g/t Au over 2.70 metres and 635 g/t Au over 0.50 metres at 607 metres depth. TL24-681, about 50 metres down dip, cut 3.43 g/t Au over 2.20 metres. The completed Interlakes pro
Drill resultsNexGold 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
Drilling at the Goliath deposit, part of the Goliath Gold Complex in Northwestern Ontario, intersected visible gold in hole TL24-678 below the current mineral resource on the eastern end of the C Zone, approximately 70 metres down dip of hole TL20-520, which returned 1.35 g/t Au over 14.7 metres including 6.00 g/t Au over 2.0 metres, and 65.2 g/t Au over 3.0 metres including 193 g/t Au over 1.0 me
Drill resultsNexGold’s Spring Program Shows Significant New Gold Mineralization, Expands Exploration Programs at the Goliath Gold Complex
Channel sampling at the Fold Nose target on the Goliath Gold Complex in northwestern Ontario returned 7.13 g/t Au over 2.00 metres, including 15.70 g/t Au over 0.75 metres, and 3.18 g/t Au over 2.68 metres, including 7.53 g/t Au over 0.78 metres, with 13 of 175 channel samples exceeding 1 g/t Au and an average of 0.44 g/t Au. An expanded prospecting and soil geochemistry program has begun on the n
Drill resultsNexGold Commences Phase 1 of a 25,000-metre Expansion and Discovery Drilling Campaign at the Goliath Gold Complex
A 25,000-metre diamond drilling program has begun at the Goliath Gold Complex in northwestern Ontario, with Phase 1 including 4,000 metres at the Interlakes target between the Goliath and Goldlund deposits, which are 25 kilometres apart. Drilling is expected to run consistently for 9-12 months, later testing down-dip trends at Goliath, Goldlund and Miller. NexGold also engaged Capital Analytica fo
Drill resultsNexGold Mining and Wabigoon Lake Ojibway Nation Sign New Relationship Agreement for Goliath Gold Complex
A new Relationship Agreement has been signed with Wabigoon Lake Ojibway Nation covering the Goliath Gold Complex in Northwestern Ontario, replacing a 2011 Memorandum of Understanding between Tamaka Gold Corporation and WLON. Terms include compensation for historical exploration activities, capacity funding for engagement and permit application reviews, formation of a technical working group, educa
CorporateTreasury Metals Announces Filing of 2023 Annual Disclosure Documents and Provides a Corporate Update
Annual financial statements, MD&A and annual information form for the year ended December 31, 2023 have been filed on SEDAR+. 2023 highlights included a prefeasibility study for the Goliath Gold Complex in Northwestern Ontario showing a post-tax unlevered NPV of $336 million at a 5% discount rate and a post-tax unlevered IRR of 25.4%, two non-brokered private placements raising over $5.5 million,
CorporateTreasury Metals Announces Results from Drilling on Far East Target at the Goliath Gold Complex
Drilling at the Far East target on the Goliath Gold Complex in Northwestern Ontario returned 42.9 metres grading 0.54 g/t Au and 14.66 g/t Ag in TL23-663, including 1.0 metre at 4.64 g/t Au and 191.00 g/t Ag; TL23-664 returned 39.3 metres at 0.64 g/t Au and 5.72 g/t Ag, and TL22-644 returned 5.7 metres at 2.25 g/t Au. The two-phase program comprised 20 holes (5,427 metres) and 14 holes (3,078 metr
Drill resultsTreasury Metals Announces Closing of Private Placement Financing
A non-brokered private placement closed for gross proceeds of approximately $4.145 million through the issuance of 29.6 million units at $0.14 per unit, each unit comprising one common share and one-quarter warrant exercisable at $0.21 for 60 months. Directors and officers acquired 1,525,000 units for $213,500 on the same terms. Proceeds will fund permitting, community consultations and technical
FinancingTreasury Metals Announces Upsize To Previously Announced Non‑Brokered Private Placement For Up To $4.15 Million
A previously announced non-brokered private placement has been upsized to gross proceeds of up to $4.15 million, consisting of up to 29,642,858 units at $0.14 per unit, each with one common share and one-quarter warrant exercisable at $0.21 for 60 months after closing. Proceeds will fund permitting, community consultations and technical studies at the Goliath Gold Complex in Northwestern Ontario,
FinancingTreasury Metals Announces Non-Brokered Private Placement For Up To $4 Million To Advance Goliath Gold Complex
A non-brokered private placement of up to 28.6 million units at $0.14 per unit for gross proceeds of up to $4 million was proposed by Treasury Metals. Each unit includes one common share and one-half warrant exercisable at $0.25 for 36 months after closing, expected on or about December 14, 2023. Proceeds will fund permitting, community consultations and technical studies at the Goliath Gold Compl
FinancingTreasury Metals Announces Additional Exploration Results at Fold Nose Target and Update on Summer Field Program
Drilling at the Fold Nose target on the Goliath Gold Complex in Northwestern Ontario returned 1.03 g/t Au over 27.00 metres from 6.0 metres downhole in TL22-641, including 1.50 metres at 4.76 g/t and 1.50 metres at 5.60 g/t, while TL22-637 cut 0.42 g/t over 38.50 metres and 0.61 g/t over 21.00 metres. The fall 2022 program included seven holes (2,802 m) at the Fold Nose hinge, four holes (1,897 m)
Drill resultsTreasury Metals Files PFS Technical Report for Goliath Gold Complex
The NI 43-101 prefeasibility study technical report for the Goliath Gold Complex in Northwestern Ontario has been filed on SEDAR, prepared by Ausenco Engineering Canada Inc., dated March 27, 2023 with an effective date of February 22, 2023. During final validation, Goliath Gold Complex Total Probable Tonnes were adjusted from 25,574,000 tonnes, as disclosed in the February 22, 2023 news release, t
Study resultsTreasury Metals Completes Pre-Feasibility Study for Goliath Gold Complex
Pre-feasibility study results for the 100%-owned Goliath Gold Complex in northwestern Ontario show a post-tax NPV (5%) of $336 million and 25.4% IRR at US$1,750/oz gold, rising to $425 million NPV and 30.1% IRR at spot prices, with initial capital of $335 million and a 2.8-year payback. An initial proven and probable mineral reserve of 1.3 million ounces gold (30.3 million tonnes at 1.3 g/t Au) su
Study resultsTreasury Metals Announces Exploration Program at Goldrock Property
A prospecting and mapping program has been completed at the 100%-owned Goldrock Property, about 30 km south of Dryden, Northwestern Ontario, and roughly 40 km southwest of the Goliath Gold Complex. Sixty-two samples were collected for gold and 4-acid near total digestion ICP analysis, with representative samples to undergo whole-rock geochemistry; crews noted up to metre-wide quartz veining with p
Drill resultsTreasury Metals Extends Mineralization to 600m Along Strike at Far East Target
Drilling at the Far East target on the Goliath Gold Complex in Northwestern Ontario has traced mineralization about 600 metres along strike, open in all directions. Hole TL22-621 returned 19.8 metres grading 0.70 g/t Au from 184.0 metres, including 8.1 metres at 1.21 g/t Au, and TL22-617 cut 15.55 metres at 0.48 g/t Au from 55.0 metres. Seven of eight holes from the 2,330-metre spring 2022 program
Drill resultsTreasury Metals Announces High Grade Results at Far East Target at the Goliath Gold Complex
Drilling at the Far East target on the Goliath Gold Complex in Northwestern Ontario returned 9.0 metres grading 16.90 g/t Au from 148.5 to 157.5 metres in hole TL22-616, including 0.3 metres at 502.00 g/t Au with visible gold. Silver results included 24.2 metres at 11.6 g/t Ag in TL21-569 and 6.2 metres at 13.5 g/t Ag in TL21-572. Eight holes (3,200 metres) at South Syncline found Goliath-style ho
Drill resultsTreasury Metals Announces Exploration Results at the Fold Nose Target at the Goliath Gold Complex
Drilling at the Fold Nose target on the Goliath property, part of the Goliath Gold Complex in Northwestern Ontario, returned 10.98 g/t Au over 10.5 metres from 210.0 to 220.5 metres downhole in hole TL21-579A, including 74.00 g/t Au over 1.5 metres. The ten-hole, 2,868-metre 2021 program identified vein-hosted, lode-gold style mineralization new to Goliath. Mira Geoscience has been engaged for geo
Drill resultsTreasury Metals Announces Updated Mineral Resource Estimate at Goliath Gold Complex
An updated mineral resource estimate for the Goliath Gold Complex in northwestern Ontario, covering the Goliath, Goldlund and Miller deposits, raised combined Measured and Indicated resources 9% to 2,138,600 oz gold (67,711,000 tonnes at 0.98 g/t) and Inferred resources 48% to 782,800 oz (32,571,000 tonnes at 0.75 g/t), effective January 17, 2022. The estimate is based on 3,185 drill holes totalli
Resource updateTreasury Metals Announces Closing of US$20 Million Royalty Financing With Sprott Resource Streaming and Royalty
A US$20 million royalty financing with an affiliate of Sprott Resource Streaming and Royalty Corp. has closed, under which Sprott paid Treasury Metals US$20 million (approximately C$25 million) for a 2.2% net smelter returns royalty covering all minerals produced from the 100%-owned Goliath Gold Complex in Northwestern Ontario for the life of the project. Proceeds will fund economic studies, permi
FinancingTreasury Metals Announces Second New Discovery at the Goliath Gold Complex
Drilling at the Caracal target on the Goldlund property, part of the Goliath Gold Complex in Northwestern Ontario, returned 1.04 g/t Au over 28.4 metres in CC-21-006, including 2.70 g/t Au over 7.0 metres, with 4.44 g/t Au and 9.14 g/t Au over 1.0 metre each, plus 7.12 g/t Au over 1.0 metre. CC-21-009 returned 0.48 g/t Au over 7.0 metres and 3.84 g/t Au over 1.0 metre. Results cover five holes tot
Drill results