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Tuesday, 06/17/2025 6:43:34 PM

Tuesday, June 17, 2025 6:43:34 PM

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NexGold Mining Corp. (NEXG.v | NXGCF) announced today that the Government of Nova Scotia has accepted its Industrial Approval (IA) application for the Goldboro Gold Project as complete, triggering a final 60-day review. The IA is one of the last major permits required for mine construction.

Goldboro hosts 1.15Moz in Proven & Probable reserves, with a Feasibility Study outlining ~100,000 oz/year Au production over 10.9 years at US$849/oz AISC. A 25,000m infill program is ongoing, recently returning results up to 25.79 g/t Au over 4.5m.
https://nexgold.com/nexgold-receives-notice-of-completion-on-industrial-approval-from-the-government-of-nova-scotia-for-the-goldboro-gold-project/

*Posted on behalf of NexGold Mining Corp.
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