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Treasury Metals ( (TSE:NEXG) ) has provided an update.
NexGold Mining Corp. has achieved a significant milestone by receiving the final federal Fisheries Act Authorizations for its Goldboro Gold Project in Nova Scotia. This approval, along with the previously obtained Industrial Approval from the Nova Scotia government, clears the path for the commencement of construction and future operations. The authorizations highlight NexGold’s commitment to engaging with the Mi’kmaq of Nova Scotia and include opportunities for participation in offsetting projects. This development positions NexGold to advance its operations, potentially impacting its market positioning positively and benefiting stakeholders involved.
More about Treasury Metals
NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska. The company is involved in several projects including the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex in Northwestern Ontario. NexGold also has interests in the Weebigee-Sandy Lake Gold Project JV and the Gold Rock exploration property, as well as a 100% interest in the Niblack copper-gold-zinc-silver VMS project in Alaska. The company is dedicated to engaging with regional communities and Indigenous Nations to create sustainable economic opportunities and enhance social value.
Average Trading Volume: 996,399
Technical Sentiment Signal: Buy
Current Market Cap: C$225.7M
Find detailed analytics on NEXG stock on TipRanks’ Stock Analysis page.