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Nexgold Mining – Merger With Signal Gold; The Roadmap To Advancing Both The Goliath Gold Complex and Goldboro Project

Cory
October 30, 2024

Morgan Lekstrom, President of NexGold Mining (TSXV: NEXG; OTCQX: NXGCF) joins us to provide more information on the merger with Signal Gold (TSX:SGNL)(OTCQB:SGNLF).

 

The merger is set to create one of Canada’s most advanced near-term gold developers. NexGold, holding the Goliath Gold Complex in Ontario, and Signal Gold, with the Goldboro Gold Project in Nova Scotia, aim to become mid-tier producers. Morgan discusses the strategic reasons behind this merger and the $17 million private placement that will help advance the assets. Key topics include the permitting progress, resource expansion through ongoing drilling, updating a feasibility study, and the vision to produce between 200,000 and 500,000 ounces of gold annually. We also touch on long-term plans, potential future mergers, and catalysts driving the company’s share price.

 

If you have any follow up questions for Morgan please email us at Fleck@kereport.com or  Shad@kereport.com.

 

 

Click here to visit the NexGold Mining website to read over the recent news and learn more about the Company.

 

Discussion
3 Comments
    Oct 30, 2024 30:54 AM

    Thanks for this interview. I always wondered what happened to Annaconda’s assets. Now I know. It sounds interesting and one I would like to follow along on.

    Reply
    Oct 30, 2024 30:42 AM

    Quiz: How many companies has Morgan Lekstrom been CEO of in the past 12 months? Answer: More than you can count.

    Reply
      Oct 30, 2024 30:16 PM

      Hi Just Truth – Can you name them? Wonder why he has jumped around so much?

      Reply

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