NEXG PDAC 2025 Update
Join CEO Kevin Bullock at 1:10 PM on March 4, 2025, as NexGold Mining details its strategy to unlock significant value with two near-permitted projects. Heres the latest news on NEXG:
Company Snapshot:
\* Market Cap: C$100.5M | Cash: \~C$25M | 143.5M shares
\* Major Shareholders: Frank Giustra (8.6%), Extract (10.6%), Sprott (9.3%), Others (41.8%)
Management Team:
\* CEO: Kevin Bullock, Mining Engineer & B2Gold Board Member
\* COO: Jeremy Wyeth, Ex-DeBeers, Anglo American
\* CFO: Orin Baranowsky, with over C$1B in mining financings
\* Strategic Advisor: Frank Giustra
Project Highlights:
Goliath Gold Complex (Ontario):
\* 100% owned, spans 65 km (Goldlund & Miller Deposits)
\* 2023 PFS: After-tax NPV C$336M, 25.4% IRR, 13-year mine life, \~91K oz AuEq, AISC US$1,072/oz
\* Full feasibility study expected in H1 2025
Goldboro Gold Project (Nova Scotia):
• Among Canada’s highest-grade open-pit projects (>2g/t Au)
• 2021 FS: After-tax NPV of C$328M, 25.5% IRR, \~11-year mine life, \~100K oz Au annual production, AISC: US$849/oz
• Strong underground potential with updated FS expected by year-end
Growth Strategy & Outlook:
\* Combined production target >200K oz/year
\* Multiple drill campaigns signal significant resource expansion
\* Formed from the merger of Signal Gold & Treasury Metals Inc.
\* Feasibility studies, permitting milestones & strong institutional backing set to propel NexGold as Canada’s next mid-tier gold producer
Register now and be part of this session: [https://fs22.formsite.com/Sportee/omlf26mwtu/index](https://fs22.formsite.com/Sportee/omlf26mwtu/index)
\*Posted on behalf of NexGold Mining Corp.
