NexGold cites exploration drilling, permitting progress as focus in June 30, 2026 MD&A period commentary
Reuters2026/08/13 01:15- NexGold’s three and six months ended June 30, 2026 focused on advancing Goldboro toward a potential construction decision, supported by completed key permits.
- Work centered on an updated Goldboro mineral resource estimate and feasibility update, using historical drilling with 2023–2026 results.
- A Goldboro RC infill program expanded to 40,000 meters to support potential upgrades from Indicated to Measured for early production areas.
- At Goliath, spending emphasized optimization studies to reduce footprint, lower effluent discharge, and potentially cut initial and sustaining capital.
- Liquidity was bolstered by a CAD 10 million flow-through private placement, funding exploration while the Goliath drill program continued.
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