Tillkännagivande • 8h
Nexgold Mining Corp. Appoints David Anthony to Its Board of Directors NeXGold Mining Corp. announced the appointment of David Anthony to its Board of Directors. Mr. Anthony brings more than 40 years of global experience in mine development and operations, having held senior management and
executive roles overseeing the full mine life cycle, including mine and process plant design, permitting, construction, and operations. He is currently President and Chief Executive Officer and a Director of Asante Gold Corporation. Previously, Mr. Anthony served as Chief Operating Officer of Cardinal Resources Limited prior to its acquisition by Shandong Gold Mining Co. Ltd. Earlier in his career, he spent 10 years with Barrick Gold Corporation in Africa, where he ultimately served as Chief Operating Officer of African Barrick Gold. Mr. Anthony has worked extensively in Canada, Ecuador, Brazil, Indonesia, Chile and Argentina, with experience designing, building and operating both open pit and underground mining operations. His project experience spans capital expenditures ranging from approximately $100 million to $3.6 billion, with annual material movement of up to 65 million tonnes. He holds a Bachelor of Science in Mining and Mineral Process Engineering from Queen’s University. Tillkännagivande • May 08
NeXGold Mining Corp. Intersects Gold At Goldlund Deposit in Ontario NexGold Mining Corp. has provided additional results from the ongoing diamond drilling program at the Company’s Goliath Gold Complex, which includes the Goliath, Goldlund and Miller Deposits. The drill program, of which approximately 18,000 metres have been completed of the planned 25,000 metres, is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit Mineral Resources. The results presented in this news release include 3,663 metres of diamond drilling in nine drill holes (GL-25-012, GL-25-017 to GL-25-019, and GL-26-001 to GL-26-005). Mineralization at the Goldlund Deposit is generally characterized by quartz stockwork veining within sub-vertical granodiorite sills. Zone 4 at the Goldlund Deposit includes broad intervals of mineralized intermediate-mafic volcanic rocks with multiple porphyry and granodiorite intrusions. The drill results summarized in this news release, together with previously announced drill results, provide additional support and information relevant to the interpretation of grade continuity within Zone 4. These results are expected to contribute to ongoing refinement of the geological model and may support future evaluation of Mineral Resource classification, subject to additional drilling, data verification, and completion of further technical studies. Drill holes designed throughout this program have been distributed across the strike of Zone 4 with holes highlighted in this release located in the central to southwest end of the zone. These new holes are near previously reported drill holes GL-25-009 and GL-25-014, which intersected 2.31 g/t gold over 21.5 metres and 2.34 g/t gold over 10.2 metres, respectively. It has been observed that Zone 4 widens toward the southwest and has a tendency for mineralized features to be spread over a wider intersection. Gold intersected in these holes further demonstrates the continuity of mineralization and the potential for Mineral Resource expansion in Zone 4 as additional targets are drilled along strike and down dip. Reported intervals are drilled core lengths and do not indicate true widths. True widths vary from 50 to 75% of the interval length. For duplicate samples, the original sample assays are used to calculate the intersection grade. All grades are uncapped. Table 2: Locations and orientations of drill holes in the news release: GL-25-012 Easting 546956 Northing 5527791 Elevation 412 Length 450 Azimuth 128 Inclination -50; GL-25-017 Easting 547008 Northing 5527782 Elevation 420 Length 351 Azimuth 128 Inclination -46; GL-25-018 Easting 546699 Northing 5527637 Elevation 413 Length 402 Azimuth 135 Inclination -49; GL-25-019 Easting 546699 Northing 5527637 Elevation 413 Length 501 Azimuth 118 Inclination -53; GL-26-001 Easting 546966 Northing 5527740 Elevation 424 Length 351 Azimuth 127 Inclination -48; GL-26-002 Easting 546699 Northing 5527637 Elevation 413 Length 450 Azimuth 122 Inclination -52; GL-26-003A Easting 546886 Northing 5527677 Elevation 420 Length 276 Azimuth 125 Inclination -47; GL-26-004 Easting 546907 Northing 5527711 Elevation 424 Length 351 Azimuth 123 Inclination -50; GL-26-005 Easting 546736 Northing 5527804 Elevation 412 Length 531 Azimuth 130 Inclination -45. Drill hole locations reported as Universal Transverse Mercator NAD83 Zone 15N coordinates. The Company has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the CIM Exploration Best Practices Guidelines. The drill core is sawed in half with one-half of the core sample dispatched to Activation Laboratories Ltd. facility located in Dryden, Ontario. The other half of the core is retained for future assay verification and/or metallurgical testing. Other QA/QC procedures include the insertion of blanks and Canadian Reference Standards for every tenth sample in the sample stream. A quarter core duplicate is assayed every 20th sample. The laboratory has its own QA/QC protocols, running standards and blanks with duplicate samples in each batch stream. Additional checks are routinely run on anomalous values including gravimetric analysis and pulp metallic screen fire assays. Gold analysis is conducted by lead collection, fire assay with atomic absorption, and/or gravimetric finish on a 50-gram sample. Check assays are conducted at a secondary ISO certified laboratory (in this case AGAT Laboratories located in Mississauga, Ontario) following the completion of a program. Tillkännagivande • Apr 15
NeXGold Mining Corp., Annual General Meeting, Jun 24, 2026 NeXGold Mining Corp., Annual General Meeting, Jun 24, 2026. Tillkännagivande • Apr 11
NeXGold Mining Corp. Reports Drilling Results At Goldlund Deposit NeXGold Mining Corp. had provided additional results from the ongoing diamond drilling program at the Company’s Goliath Gold Complex, which includes the Goliath, Goldlund, and Miller Deposits. The drill program, which comprises up to 25,000 metres, is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit Mineral Resources. The results presented in this news release include 777 metres of diamond drilling in three drill holes (GL-25-015, GL-25-016, and GL-26-009) that infill and expand mineralization in Zone 4 of the Goldlund Deposit and specifically within Inferred Resources located at the northeast end of the open pit Mineral Resource. Selected drill intersections from diamond drill holes at the Goldlund Deposit in this news release are further detailed in Table 1 and include: 1.79 g/t gold over 25.6 metres (from 215.0 to 240.6 metres), including 13.70 g/t gold over 1.0 metres and 6.59 g/t gold over 1.0 metres in drill hole GL-25-015; 3.22 g/t gold over 10.5 metres (from 100.0 to 110.5 metres), including 25.90 g/t gold over 0.8 metres and 10.60 g/t gold over 0.6 metres in drill hole GL-25-016; and 1.49 g/t gold over 11.0 metres (from 163.0 to 174.0 metres), including 5.26 g/t gold over 1.0 metres and 4.53 g/t gold over 1.0 metres in drill hole GL-26-009. These drill results are in the same general area of Zone 4 mineralization where previously reported drill intersections were announced and confirm those previous intersections over an approximate 100-metre dip extent. Previously reported highlights from this area include: 2.31 g/t gold over 21.5 metres (from 238.6 to 260.1 metres), including 30.10 g/t gold over 0.7 metres, 24.5 g/t gold over 0.5 metres and 7.64 g/t gold over 0.9 metres in drill hole GL-25-011; and 2.34 g/t gold over 10.2 metres (from 199.3 to 209.5 metres), including 15.80 g/t gold over 0.7 metres and 5.08 g/t gold over 0.8 metres in drill hole GL-25-013. Mineralization at the Goldlund Deposit is generally characterized by quartz stockwork veining within sub-vertical granodiorite sills. Zone 4 at the Goldlund Deposit includes broad intervals of mineralized intermediate-mafic volcanic rocks with multiple porphyry and granodiorite intrusions. The drill results summarized in this news release, together with previously announced drill results, provide additional support and information relevant to the interpretation of grade continuity within Zone 4. These results are expected to contribute to ongoing refinement of the geological model and may support future evaluation of Mineral Resource classification, subject to additional drilling, data verification, and completion of further technical studies. Drill holes designed throughout this program have been distributed across the strike of Zone 4 with GL-25-015, GL-25-016, and GL-26-009 located toward the northeast end of the zone. These new holes are near previously reported drill holes GL-25-011 and GL-25-013, which intersected 2.31 g/t gold over 21.5 metres and 2.34 g/t gold over 10.2 metres, respectively. Gold intersected in these holes further demonstrates the continuity of mineralization and the potential for resource expansion in Zone 4 as additional targets are drilled along strike and down dip. Table 1: Highlighted drill intercepts from drill holes in this news release: Drill Hole ID Target/Zone From (m) To (m) Interval (m) Au g/t GL-25-015 Zone 4 215.0 240.6 25.6 1.79 Including 227.0 228.0 1.0 13.70 and including 237.0 238.0 1.0 6.59 GL-25-016 Zone 4 100.0 110.5 10.5 3.22 Including 101.2 102.0 0.8 25.90 and including 108.9 109.5 0.6 10.60 GL-25-016 Zone 4 167.0 168.5 1.5 14.57 Including 168.0 168.5 0.5 34.30 GL-26-009 Zone 4 144.0 146.0 2.0 4.45 Including 145.0 146.0 1.0 6.85 GL-26-009 Zone 4 163.0 174.0 11.0 1.49 Including 167.0 168.0 1.0 5.26 and including 173.0 174.0 1.0 4.53 GL-26-009 185.0 192.9 7.9 1.16 Including 186.0 187.0 1.0 4.40 Notes: 1) Reported intervals are drilled core lengths and do not indicate true widths. True widths vary from 50 to 75% of the interval length. 2) For duplicate samples, the original sample assays are used to calculate the intersection grade. All grades are uncapped. Table 2: Locations and orientations of drill holes in the news release: Drill Hole ID Easting Northing Elevation (m) Length (m) Azimuth Inclination GL-25-015 547314 5527876 419 324 123 -47 GL-25-016 547447 5527853 426 201 121 -48 GL-26-009 547345 5527843 417 252 121 -46 Note: Drill hole locations reported as Universal Transverse Mercator NAD83 Zone 15N coordinates. The Company has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the CIM Exploration Best Practices Guidelines. The drill core is sawed in half with one-half of the core sample dispatched to Activation Laboratories Ltd. facility located in Dryden, Ontario. The other half of the core is retained for future assay verification and/or metallurgical testing. Other QA/QC procedures include the insertion of blanks and Canadian Reference Standards for every tenth sample in the sample stream. A quarter core duplicate is assayed every 20th sample. The laboratory has its own QA/QC protocols, running standards and blanks with duplicate samples in each batch stream. Additional checks are routinely run on anomalous values including gravimetric analysis and pulp metallic screen fire assays. Gold analysis is conducted by lead collection, fire assay with atomic absorption, and/or gravimetric finish on a 50-gram sample. Check assays are conducted at a secondary ISO certified laboratory (in this case AGAT Laboratories located in Mississauga, Ontario) following the completion of a program. Tillkännagivande • Mar 25
Nexgold Mining Corp Initiates 30,000-Metre Infill Drill Program At the Goldboro Gold Project in Nova Scotia NexGold Mining Corp. has commenced a detailed Reverse Circulation infill drill program at the Company’s Goldboro Project in Nova Scotia. The RC Infill Drill Program, which comprises up to 30,000 metres, is focused on the Goldboro Deposit and is designed to infill specific areas of the Goldboro Mineral Resource at a nominal drill spacing of 12.5 metres and down to depths of 50 metres. This high-density drill program targets the first few years of planned production at the Goldboro Project where it is currently accessible by the drill rig. The goal of the drill program, and the rationale for using Reverse Circulation drilling, is to obtain a high-density data set that may be used to upgrade Mineral Resources from the Indicated to Measured category, using a drilling technique that more closely approximates production drilling and associated dilution. This information will be used in concert with more than 180,000 metres of diamond drill data currently available on the deposit, including the data which informs the 2021 Goldboro Mineral Resource and Mineral Reserves as outlined in the Company’s technical report, prepared by Nordmin Engineering Ltd., entitled “NI 43-101 Technical Report and Feasibility Study for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia” with an effective date of December 16, 2021 and a report date of January 11, 2022. The RC Infill Drill Program is expected to continue into Third Quarter of 2026, with assay results received and disclosed as they become available, subject to ongoing drilling progress, laboratory turnaround times and other factors. Map showing the Goldboro Project location and the current drill program relative to planned early-years of mining. A vertical north-south cross section looking east showing planned drill holes for the RC Infill Drill Program. The cross section is within the planned west pit of the Feasibility Study and targets mineralized belts (red outlines) with the first few years of planned production. Tillkännagivande • Feb 25
Nexgold Mining Corp. Intersects 9.30 G/T Gold over 11.0 Metres and 2.31 G/T Gold over 21.5 Metres At the Goldlund Deposit, Ontario NexGold Mining Corp. provided additional results from the recently-announced diamond drilling program, which comprises up to 25,000 metres at the Goliath Gold Complex (comprised of the Goliath, Goldlund and Miller Deposit). The drill program is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit mineral resources. The results presented in this news release include 1,883 metres of diamond drilling in five drill holes (GL-25-009 to GL-25-011, GL-25-013 and GL-25-014) that specifically infill mineralization areas located within, or near the base of, the open pit Mineral Resource and generally within the current Inferred category within Zone 4 mineralization. Selected drill intercepts from diamond drill holes at the Goldlund Deposit in this news release are further detailed in Table 1 and include: 9.30 g/t gold over 11.0 metres (from 232.0 to 243.0 metres), including 64.10 g/t gold over 0.9 metres and 39.70 g/t gold over 1.0 metres in drill hole GL-25-010; 2.31 g/t gold over 21.5 metres (from 238.6 to 260.1 metres), including 30.10 g/t gold Over 0.7 metres, 24.5 g/t gold over 0.,5 metres and 7.64 g/t gold over 0".9 metres in drill hole GL- 25-011; 2.34 g/t gold over 10.2 metres (from 199.3 to 209.5 metres), including 15.8 g/t gold over 0.'7 metres and 5.08 g/t gold over 0; and 1.03 g/t gold over 16.5 metres (from 350.5 to 367.0 metres), including 5.25 g/t gold over 0 the8 metres and 4.34 g/t gold Over 2.0 metres in drill holeGL-25-014; additionally 28.9 g/t gold was intersected over 1.5 metres (from 129.5 to 131.0 metres) in the same drill hole. The holes in this news release provide additional support for the grade continuity of Zone 4 and will assist in improving the geological model and upgrade Mineral Resource confidence in future mineral resource estimates. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking information including, but not limited: information as to the Company's strategic objectives and plans; timing and results of drilling activities; potential for upgrading mineral resources; expected initiatives to be undertaken by management of the Company in identifying exploration opportunities; and timing of advancement and completion of technical studies. Such factors include, among others: the plan for, and actual results of, current exploration activities; expectations relating to future exploration, development and production activities as well as growth potential for NexGold's operations; risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; reliance on third-parties, including governmental entities, for mining activities; the ability of NexGold to complete further exploration activities, including drilling at the Goliath Gold Complex and Goldboro deposits; and the Company's strategic objectives and plan for the Company's strategic objectives and planned to be used on an ongoing basis to support the efforts to optimize the Goliath Gold Complex, including the Goldlund Deposit. Tillkännagivande • Jan 28
NexGold Mining Corp. Initiates a 25,000-Metre Infill Diamond Drill Program at the Goliath Gold Complex, Ontario NexGold Mining Corp. commenced diamond drilling at the Company's Goliath Gold Complex in Ontario. The drill program, which comprises up to 25,000 metres, is focused on the Goldlund Deposit and is designed to infill and potentially expand open-pit Mineral Resources. This drill program will primarily be focused on the deeper portions of the Goldlund open-pit Mineral Resource where the Company would like to increase drill density and further drill test high-grade plunging shoots to test their geological continuity. The drill program was initiated late in 2025 and is anticipated to continue throughout 2026. The Goliath Complex, comprised of the Goliath, Goldlund and Miller Deposits, includes Proven & Probable Mineral Reserves of 1,267,000 ounces of gold and 1,724,000 ounces of silver (30,319,000 tonnes at a grade of 1.30 g/t gold and 1.77 g/t silver), including Probable Reserves of 621,000 ounces of gold (16,256,000 tonnes at a grade of 1.19 g/t gold) at Goldlund. These Mineral Reserves are based on a Mineral Resource Estimate that includes 1,784,500 ounces of gold and 2,819,100 ounces of silver in combined Measured and Indicated open-pit Mineral Resources (64,769,000 tonnes grading 0.86 g/t gold and 2.99 g/t silver), including the Goldlund Deposit hosting 911,000 ounces of gold in Measured and Indicated open-pit Mineral Resources (33,353,000 tonnes at 0.85 g/t gold). In addition, the Goldlund open-pit includes an Inferred Mineral Resource of 680,200 ounces of gold (28,833,000 tonnes grading 0.73 g/t gold). The Goliath Complex Mineral Reserves and Mineral Resource Estimate was published in a technical report entitled "Goliath Gold Complex NI 43-101 Technical Report and Prefeasibility Study" dated March 27, 2023 (with an effective date of February 22, 2023) and was prepared by Ausenco Engineering Canada Inc. Tillkännagivande • Nov 01
NeXGold Mining Corp. announced that it has received CAD 112.55232 million in funding On October 31, 2025. NeXGold Mining Corp. announces that it has closed the transaction. It has issued 69,445,000 units of the company at a price of CAD 1.44 per unit for aggregate gross proceeds of CAD 100,000,800, and 7,944,000 flow-through shares at a price of CAD 1.58 per FT share for aggregate gross proceeds of CAD 12,551,520. Tillkännagivande • Oct 16
NeXGold Mining Corp. announced that it expects to receive CAD 110.0022 million in funding NeXGold Mining Corp. announced a private placement on a bought deal basis for issuance of 69,445,000 units at a price of CAD 1.44 per Unit for gross proceeds of CAD 100,000,800, and 6,330,000 flow through shares at a price of CAD 1.58 per flow through share for gross proceeds of CAD 10,001,400; for aggregate gross proceeds of CAD 110,002,200 on October 15, 2025. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one common share for a period of 24 months at an exercise price of CAD 1.92 from the closing date. The underwriters will also have an option, exercisable in whole or in part, at any time up to 48 hours prior to the closing date, to purchase up to an additional 15% of the offering size in units. The offering is expected to close on or about October 31, 2025, or such other date as agreed between the company and National Bank Financial Inc., and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including the conditional approval of the TSXV. The securities issued pursuant to the offering shall be subject to a four-month plus one day hold period commencing on the closing date under applicable Canadian securities laws. It is anticipated that insiders of the company may participate in the offering. Tillkännagivande • Oct 13
NexGold Mining Corp. Announces Executive Changes NexGold Mining Corp. announced the appointment of Brian Jackson to the role of Vice President, Projects, effective October 14, 2025. Mr. Jackson is a seasoned EPCM executive and is a licensed Professional Engineer in Ontario and Nova Scotia with a broad mix of project and functional management experience across a variety of client sectors including minerals processing, oil, gas and chemicals, uranium refining and conversion, industrial, and municipal water and waste water treatment, and iron and steel. Most recently, he was Vice President, Project Execution for North America for Ausenco and has more than 35 years of engineering and project execution experience, being involved in multiple mining project builds over his career. Previously, he served as Project Director at Signal Gold Inc., was Project Director at Wood PLC for the execution phase of IAMGOLD's Cote Lake Gold Project in Northern Ontario and, prior to that, for both the selection and definition phases of BHP's Jansen Potash Project in Saskatchewan. Additional project experience includes serving as Feasibility Study Director and Project Engineering Manager for Inco's (now Vale's) Voisey's Bay Mine and Mill. Mr. Jackson has also managed several EPCM offices and regional organizations, contributing extensive leadership and technical expertise to the successful delivery of complex mining projects. Mr. Jackson replaces Clinton Swemmer, who has resigned from his position at the Company. Mr. Swemmer will remain with NexGold until October 31, 2025 to ensure an orderly transition with Mr. Jackson. Tillkännagivande • Aug 20
Nexgold Mining Corp. Intersects 18.16 G/T Gold over 2.1 Metres and 6.91 G/T Gold over 2.5 Metres At the Goldboro Open Pit Gold Project NexGold Mining Corp. provided final drill results from a recently-com completed 26,854-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Open Pit Gold Project ("Goldboro") in Nova Scotia. The drill program was primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The assay results for the final 14 infill diamond drill holes (BR-25-585 and 593 to 603), totaling 2,072.0 metres, were from drilling in the proposed west and east pits of the Goldboro Open Pit Gold Project. Selected drill intersections from the 14 diamond drill holes in this news release are further detailed in Table 2 and include: 18.16 g/t gold over 2.1 metres (from 147.0 to 149.1 metres), including 62.00 g/t gold over 0.6 metres in drill hole BR-25-597; 6.91 g/t gold over 2.,5 metres (from 69.0 to 71.5 metres), including 22.10 g/t gold over 0.,6 metres in drill hole BR -25-595; The Company has now released assay results for all 142 drill holes completed under the infill program. Results from the drill program have demonstrated the presence of mineralization that is consistent with previous drill results in the proposed west and east pit results in the proposed west and East pits. Throughout the drill program, additional gold mineralization was intersected in areas where mineralization was previously unknown or predicted. Mineralized solids within the Mineral Resource model will be adjusted where necessary to account for local variations in the model, and any impact due to additional assay data gathered during the drill program will be investigated during the forthcoming updated Mineral Resource Estimate planned for H2 2025. Analysis for gold was completed by fire assay (30 g) with an AA finish. Tillkännagivande • Jul 24
NexGold Mining Corp. Continues to Intersect High-Grade Gold Mineralization at Goldboro Open Pit Gold Project, Including 108.76 G/T Au over 1.40 Metres and 67.23 G/T Gold over 2.20 Metres NexGold Mining Corp. provided additional drill results from a recently-com completed 26,854-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Open Pit Gold Project ("Goldboro") inova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The assay results for an additional 11 infill diamond drill holes (BR-25-566 to 569, BR-25-571 to 573, 577, 578, 582, and 590), totaling 1,944.05 metres, were from drilling in the proposed west and east pits. Selected drill intersections from the 11 diamond drill holes in this news release are further detailed in Table 2 and include: 108.76 g/t gold over 1.40 metres (from 86.60 to 88.00 metres), including 304.00 g/t gold over 0.50 metres in drill hole BR-25-578; 67.23 g/t gold over 2.20 metres (from 86.80 to 89.00 metres), including 286.00 g/t gold across 0.50 metres in Drill hole BR-25-571; 1.12 g/t gold over 16.50 metres (from 191.50 to 208.00 metres), including 10.25 g/t gold over 1". The Company has now released assay results for 111 drill holes (approximately 79%) from the infill program. Results from the drill program, to date, continue to demonstrate the presence of mineralization that is consistent with previous drill results in the proposed west and east pit. In particular, the existing geological model appears to broadly predict the location of gold mineralization with local adjustments to the model where mineralization is either not in the exact positions predicted by the model or if no mineralization is intersected. Significantly, the drill program continues to intersect additional gold mineralization in areas where mineralization was previously unknown or predicted. Mineralized solids will be adjusted where necessary to account for local variations in the model, and any impact due to additional assay data gathered during the drill program will be investigated during the forthcoming Mineral Resource Estimate planned for H2 2025. Analysis for gold was completed by fire assay (30 g) with an AA finish. Tillkännagivande • Jul 08
Nexgold Mining Corp. Receives Schedule 2 Amendment Approval for Goldboro Gold Project NexGold Mining Corp. announced that the federal government of Canada has approved an amendment to Schedule 2 of the Metal and Diamond Mining Effluent Regulations for the Goldboro Gold Project. This amendment lists one geographic area encompassing seven water bodies located within the footprint of the Project's tailings management facility (TMF) to Schedule 2 of the Regulations, thereby designating them as tailings impoundment areas. The amendment was published in the Canada Gazette, Part II, on July 2, 2025. NexGold's Goliath Gold Complex (which includes the Goliath, Goldlund and Miller deposits) is located in Northwestern Ontario and its Goldboro Gold Project is located in Nova Scotia. NexGold also owns several other projects throughout Canada, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock. In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. NexGold is committed to inclusive, informed and meaningful dialogue with regional communities and Indigenous Nations throughout the life of all Projects and on all aspects, including creating sustainable economic opportunities, providing safe workplaces, enhancing of social value, and promoting community wellbeing. Tillkännagivande • Jun 26
NexGold Mining Corp. Provides Further Update on its Ongoing 25,000-Metre Diamond Drill Program at its Goldboro Gold Project in Nova Scotia NexGold Mining Corp. provided a further update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Gold Project ("Goldboro") in Nova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The assay results for an additional 8 infill diamond drill holes (BR-25-515, 521, 523, 527, 530, 534, 539, and 544), totaling 1,687.00 metres, are from drilling in the proposed west pit. Drilling is now finished for this program and the Company has completed a total of 26,854 metres in 141 drill holes. With drilling now complete the Company will continue to report assay results through third quarter as they become available. Selected drill intersections from 8 diamond drill holes in this release include: 3.58 g/t gold over 18.3 metres (from 139.0 to 157.3 metres), including 59.40 g/t gold over 0.6 metres in drill hole BR-25-530; The Company has now released 50 drill holes (approximately 34%) from the infill program. Results from the drill program to date for the drilling conducted in the proposed west pit demonstrate the presence of mineralization that is consistent with previous drill results. In particular, the existing geological model appears to broadly predict the location of gold mineralization with local adjustments to the model where mineralization is either not in the exact positions predicted by the model or if no mineralization is intersected. Significantly, the drill program continues to intersect additional gold mineralization in areas where no mineralization was previously known or predicted. Mineralized solids will be adjusted, where necessary, to account for local variations in the model, and any impact due to additional assay data gathered during the drill program will be investigated during the forthcoming Mineral Resource estimate planned during H2 2025. Such factors include, among others: the plan for, and actual results of, current exploration activities; expectations relating to future exploration, development and production activities as well as growth potential for NexGold's operations; risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; reliance on third-parties, including governmental entities, for mining activities; the ability of NexGold to complete further exploration activities, including drilling at the Goliath Gold Complex and Goldboro deposits; the ability of the Company to obtain required approvals; the results of exploration activities; risks relating to mining activities; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of mineral resources, production and cost estimates; health, safety and environmental risks; worldwide demand for gold and base metals; gold price and other commodity price and exchange rate fluctuations; environmental risks; environmental risks; competition; incorrect assessment of the value of acquisitions; ability to acquire gold and base metals; ability to acquire mineral resources and other mineralization. Tillkännagivande • Jun 19
Nexgold Mining Corp. Infill Drilling Intersects 1.60 G/T Gold over 36.80 Metres At the Goldboro Gold Project NexGold Mining Corp. provided an update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Gold Project in Nova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The drilling is anticipated to be completed at the end of second quarter with final assays flowing in through the middle of third quarter. The assay results for an additional 11 infill diamond drill holes (BR-25-476, 480, 484, 487, 490, 493, 496, 499,504, 507 and 512), totaling 3,063.00 metres, were from drilling in the proposed west pit. The Feasibility Study update will be ongoing while await the final decision on the Nova Scotia Industrial Approval for the Project, having recently received the Notice of Completion regarding the Company's Industrial Approval application - a significant milestone in the permitting of the Goldboro Gold Project. The Company has now released 42 drill holes (approximately 30% of the proposed program) from the infill program. Results from the drill program to date for the drilling conducted in the proposed west pit demonstrate the presence of mineralization that is consistent with previous drill results. In particular, the existing geological model appears to broadly predict the location of gold mineralization with local adjustments to the model where mineralization is either not in the exact positions predicted by the model or if no mineralization is intersected. Significantly, the drill program continues to intersect additional gold mineralization in areas where no mineralization was previously known or predicted. Mineralized solids will be adjusted where necessary to account for local variations in the model, and any impact due to additional assay data gathered during the drill program will be investigated during the forthcoming Mineral Resource estimate planned during second quarter 2025. Analysis for gold was completed by fire assay (30 g) with an AA finish. Tillkännagivande • Jun 18
NexGold Mining Corp. Receives Notice of Completion on Industrial Approval from the Government of Nova Scotia for the Goldboro Gold Project NexGold Mining Corp. announced that the Government of Nova Scotia has deemed the Company's application for an Industrial Approval of a Surface Gold Mine to be complete for the Company's 100% owned Goldboro Gold Project ("Goldboro"), located in eastern Nova Scotia. The application will now undergo a final review, with an expected date of completion within 60 days of the notice. The Industrial Approval ("IA") is a key permit issued by the Province and is required after the successful release from the Environmental Assessment process which occurred in 2022. In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. NexGold is committed to inclusive, informed and meaningful dialogue with regional communities and Indigenous Nations throughout the life of all Projects and on all aspects, including creating sustainable economic opportunities, providing safe workplaces, enhancing of social value, and promoting community wellbeing. Tillkännagivande • Jun 13
NexGold Mining Corp. Infill Drilling Intersects 25.79 g/t Gold over 4.5 Metres and 18.09 g/t Gold over 3.0 Metres at the Goldboro Goldboro Gold Project NexGold Mining Corp. provided an update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Project in Nova Scotia ("Goldboro"). The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The drilling is progressing well currently with two diamond drills and nearing the end of the drill program. The drilling is anticipated to be completed at the end of second quarter with final assays flowing in through the middle of third quarter. The assay results for an additional 18 infill diamond drill holes (BR-25-477 to BR-25-478, BR-25-481 to BR-25-483, BR-25-486, BR-25-489, BR-25-491, BR-25-495, BR-25-495., BR-25-505, BR-25-508, BR-25-510, BR-25-513, BR-25-518, BR-25-520, BR-25-522, and BR-25-524), totaling 2,775.3 metres, were from drilling in the proposed west pit. The Company has now released 31 (24%) drill holes from the infill program and continues to intersect gold mineralization consistent with the existing geological model but importantly have intersected additional gold mineralization in areas where no mineralization was previously known or predicted. Mineralized solids will be adjusted where necessary to account for local variations in the model in the forthcoming mineral resource estimate later in 2025. The results to date at the west pit are demonstrating that the general geological model is as predicted with adjustments to the mineralized solids required for local variation in position to accommodate the recently acquired data. This data will be incorporated into a new Mineral Resource Model that will form the basis of a planned Feasibility Study Update. Analysis for gold was completed by fire assay (30 g) with an AA finish. Further details about NexGold, including a Prefeasibility Study for the Goliath Gold Complex and a Feasibility Study for the Goldboro Gold Project. Tillkännagivande • Jun 05
NexGold Mining Corp. Infill Drilling Intersects 11.87 g/t Gold Over 6.1 Metres and 3.77 g/t Gold Over 9.1 Metres at the Goldboro Goldboro Goldboro Gold Project NexGold Mining Corp. provided an update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company's Goldboro Project in Nova Scotia ("Goldboro"). The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The drilling is progressing well with three diamond drills currently at Goldboro, which have completed approximately 22,000 metres of diamond drilling. The program is anticipated to be completed at the end of second quarter. The Company is pleased to provide assay results for nine diamond drill holes (BR-25-466 to BR-25-472 and BR-25-474 to BR-25-475) which form part of the drill program designed to confirm gold mineralization in certain areas by infilling the western and southern ends of the proposed western open pit. These nine holes intersected gold mineralization broadly as predicted by the existing mineral resource model with some local variation in positioning of modelled mineralized solids at the scale of metres. The results to date support the general geological continuity of mineralization within the modelled mineralized solids. The results from the first batch of infill drilling support the geological continuity of the mineral resource model and the grades typically intersected in previous drill holes. As the company continue to further de-risk and refine the deposit model going forward, and as the drilling program reaches the conclusion of the current phase, the company is looking forward to the next step of planning the initiation of the Mineral Resource and Feasibility Study Update. Selected drill intercepts from the nine diamond drill holes are provided in Table 1 and include: 11.87 g/t gold over 6.1 metres (from 62.4 to 68.5 metres) including 67.84 g/t gold over 1.0 metres in hole BR-25-475; Analysis for gold was completed by fire assay (30 g) with an AA finish. Tillkännagivande • Apr 21
NeXGold Mining Corp., Annual General Meeting, Jun 26, 2025 NeXGold Mining Corp., Annual General Meeting, Jun 26, 2025. Tillkännagivande • Mar 19
NeXGold Mining Corp. announced that it expects to receive CAD 10.00008 million in funding NeXGold Mining Corp. announced that it has entered into an agreement with National Bank Financial Inc. , pursuant to which the Underwriters have agreed to purchase on a bought deal private placement basis 13,889,000 units of the Company at a price of CAD 0.72 per unit for the gross proceeds of up to CAD 10,000,080 on March 19, 2025. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will be exercisable to acquire one Common Share of the Company for a period of 36 months at an exercise price of CAD 1.05 from the Closing Date. The Offering is expected to close on or about April 9, 2025 or such other date as agreed between the Company and the Underwriters, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals including the conditional approval of the TSX Venture Exchange. The securities issued pursuant to the Offering shall be subject to a four-month plus one day hold period commencing on the Closing Date under applicable Canadian securities laws. Tillkännagivande • Mar 13
Nexgold Mining Corp. Provides Positive Update on Tailings Design for Feasibility Study At Goliath Gold Complex NexGold Mining Corp. announced certain potential positive outcomes as it works towards the completion of its Feasibility Study (the "FS") for its 100%-owned Goliath Gold Complex (the "Project" or "GGC") located in the Wabigoon Greenstone Belt in northwestern Ontario, which includes the Goliath ("Goliath"), Goldlund ("Goldlund") and Miller ("Miller") deposits. The FS is being prepared in accordance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects ("NI 43-101") and is anticipated to be completed in the second quarter of this year. Project Optimization Highlights: Over the past several months, the NexGold team, in cooperation with partners at Ausenco, WSP, SLR Consulting Canada Ltd., Minnow Environmental Inc., RockEng and SRK, have worked to optimize tailings management with the goal of realizing reductions in the Project footprint, as well as capital and operating costs and the potential for an overall improvement in operational efficiencies from prior studies. This has resulted in projected improvements to the GGC design, including: Environmental Protections: Integrating the commitments from the Goliath Environmental Assessment (EA) with discussions from community engagement activities, the Company has incorporated these factors into its mine design and planning with the goal of improving the sustainability of the Project. Enhancement to water management systems is also expected to result in the reduction and minimization of effluent discharges, with a commensurate reduction in the proposed Effluent Treatment Plant ("ETP"), while still being designed to meet Provincial Water Quality objectives ("PWQO") throughout the mine life. The reduction in the TSF surface area eliminates overprinting any waterways where fish are present; as such, a MDMER Schedule 2 amendment identified in the PFS shall potentially no longer be required to advance the Project development. progressive reclamation opportunities are expected to be incorporated into the FS to assist in the preparation and submission of a detailed Mine Closure Plan. Surface Area Optimization: Community engagement activities have assisted NexGold in what it hopes will be tailoring the Project to minimize and reduce the area of disturbance from mining activities. The optimization of water management has the potential to minimize the Project's interaction with local waterways to the greatest extent possible, thereby eliminating the need to file an amendment to Schedule 2 of the Metal and Diamond Mining Effluent Regulations (MDMER). This work has resulted in a proposed reduction in the overall development footprint relative to theGGC prefeasibility study, entitled "Goliath Gold Complex NI 43-101 Technical Report and Prefeasibility Study" and dated March 27, 2023 with an effective date of February 22, 2023 (the "PFS"). In addition, the company believe there is potential to reduce the TSF surface area by up to 50% through the refinement of the mine plan. This change results in a reduction of waste rock volumes, potentially eliminating the need for the South Waste Rock Storage Area contemplated in the PFS. Construction: The proposed changes could reduce the overall construction requirements for the Project, saving time and materials, which have the potential to reduce capital costs. Further work is underway to confirm and refine these optimizations. In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska. NexGold is committed to inclusive, informed and meaningful dialogue with regional communities and Indigenous Nations throughout the life of all Projects and on all aspects, including creating sustainable economic opportunities, providing safe workplaces, enhancing of social value, and promoting community wellbeing. Tillkännagivande • Jan 30
NexGold Mining Corp. Commences Next Phase of Diamond Drilling At the Goliath Gold Complex NexGold Mining Corp. announced it has commenced the next phase of diamond drilling at the Company's Goliath Gold Complex in Ontario. Phase 2, which comprises up to 13,000 metres, is a continuation of the multi-phased 25,000-metre diamond drill program announced on August 7, 2024 that, to date, has included drilling at Interlakes, C Zone and Far East. The goal of the 25,000 metres of drilling was to demonstrate the discovery and scale potential of the Project with further exploration. Phase 2 is designed to build on recent success intersecting mineralization outside of the current Goliath Mineral Resource which may expand open-pit mine life or add to potential underground development. Drilling will also include further drill testing of high-grade plunging shoots at the Goliath Deposit adjacent to the existing Mineral Resource Estimate and where recent drill results from the C Zone intersected high-grade gold at depth and down plunge of the existing Mineral Resource. Phase 2 drilling will also include drilling two kilometres southwest of the Goldlund Deposit where mineralization is believed to continue along strike. Additionally, in the months ahead, the Company will be conducting geophysical and geochemical surveys on various regional prospects with the goal of developing more drill-ready targets. Tillkännagivande • Jan 22
NexGold Initiates Inaugural 25,000-Metre Diamond Drill Program and Plans an Updated Mineral Resource at the Goldboro Gold Project NexGold Mining Corp. announced it has commenced drilling on the Goldboro Deposit at the Company’s Goldboro Project in Nova Scotia (“Goldboro”). The drill program, which comprises up to 25,000 metres, is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources (the “Drill Program”). This Drill Program will include an initial Phase I consisting of 15,000 metres with Phase II (up to an additional 10,000 metres) of drilling to be committed based on ongoing review of the mineral resource and regional exploration work. The Drill Program will initially be conducted with one drill, with an additional 2 drill rigs to be added over the next month. Information gathered from the Drill Program will inform a planned update to the Goldboro Mineral Resource Estimate which will also include drilling completed in 2023 and 2024 at the western extension of the Goldboro Deposit. Drill results at the western extension of Goldboro successfully demonstrated the continuity of gold mineralization to the west of the existing Goldboro Mineral Resource Estimate (over a distance of 450 metres) with gold mineralization intersected in all drill holes, strengthening the view that there is potential for additional open pit Mineral Resources at Goldboro. Tillkännagivande • Jan 16
NexGold Mining Corp. Provides Summary of Outlines Key Priorities for 2025 NeXGold Mining Corp. announced that it is focused on creating value for shareholders, stakeholders and Rightsholders through ongoing safe and responsible advancement of the Goldboro and Goliath projects, which will include comprehensive drill programs, continued advancement of permitting activities and feasibility studies. Key priorities for 2025 at Goldboro and Goliath include: Launching a comprehensive, multi-phase drill campaign with up to 25,000 metres of diamond drilling at Goldboro, focused on: Infill drilling to support an Updated Mineral Resource and Feasibility Study; Discovery potential at two regional exploration targets; Fowlers, along strike and to the east of the Goldboro deposit; and Stewart, in the northern portion of the project area; Potential mineral resource expansion to the west of the existing Mineral Resource; Completion of a Feasibility Study for Goliath in first half of 2025; Completion of an updated Feasibility Study at Goldboro following the major infill drill program. Continuation of the 25,000-metre Goliath exploration program launched in 2024 focused on resource expansion and identification of new discoveries in underexplored areas across the 330 sq. km. property package; Building on the Relationship Agreement signed in 2024, the Company will continue to engage with impacted Nations with the goal of creating Impact and Benefits Agreements (“IBAs”) for the Goliath Gold Complex; Implementation of the Benefits Agreement with the Assembly of Nova Scotia Mi’kmaw Chiefs for Goldboro; Completion of major permitting activities for Goldboro, including the Provincial Industrial Approval, and Federal Fisheries Act Authorization and Schedule 2 Amendment; Development of the Mine Closure Plan and Fish Habitat Offsetting Plan for Goliath, which is currently underway and will be supported by ongoing community consultations with First Nations and local stakeholders; and Advancing pre-construction programs at both the Goliath and Goldboro projects to facilitate a project finance decision, while advancing project financing discussions with third party financiers. Tillkännagivande • Dec 14
NeXGold Mining Corp. (TSXV:NEXG) completed the acquisition of Signal Gold Inc. (TSX:SGNL). NeXGold Mining Corp. (TSXV:NEXG) entered into a definitive agreement to acquire Signal Gold Inc. (TSX:SGNL) for CAD 24.7 million on October 9, 2024. Each Signal Gold share will be exchanged for 0.1244 of a NexGold Share. Upon completion of the transaction, existing NexGold and Signal shareholders will own approximately 71% and 29% of NexGold. The buy-side termination fee equates to CAD 1.75 million. The sell-side termination fee equates to CAD 1.75 million. The combined company’s board of directors will be led by Jim Gowans as Chair and will comprise six (6) board members nominated by NexGold and two (2) board members nominated by Signal. Reporting to the board of directors, the combined company will be managed by Kevin Bullock as President and Chief Executive Officer & Director, Jeremy Wyeth as Chief Operating Officer, and Orin Baranowsky as Chief Financial Officer. The transaction was unanimously approved by both Signal Gold and NexGold's board of directors. The transaction is subject Signal's shareholders. The transaction is subject to the approval of court and TSX venture exchange. Transaction is subject to NeXGold restructuring of debt. The transaction is expected to close in December 2024. As of December 6, 2024, Signal Gold shareholders approved the transaction. The Arrangement is expected to become effective on December 13, 2024. The hearing for the final order of the Ontario Superior Court of Justice (Commercial List) to approve the Arrangement is scheduled to take place on December 11, 2024.
Fiore Management & Advisory Corp. acted as financial advisor to NeXGold. Jason Sutherland of DuMoulin Black LLP acted as legal advisor to NeXGold. BMO Capital Markets acted as financial advisor and fairness opinion provider to the board of directors of Signal Gold. Alex Pizale of Cassels Brock & Blackwell LLP acted as legal advisor to Signal Gold Inc. In connection with the Arrangement, Fiore Management and Advisory Corp. was issued 638,334 NexGold Shares in consideration for advisory services provided to NexGold. BMO Nesbitt Burns Inc. will be issued NexGold Shares as partial consideration for financial advisory services provided to Signal Gold in connection with the Arrangement.
NeXGold Mining Corp. (TSXV:NEXG) completed the acquisition of Signal Gold Inc. (TSX:SGNL) on December 13, 2024. Tillkännagivande • Dec 12
NeXGold Mining Corp. announced that it has received CAD 18.802602 million in funding On December 10, 2024. NeXGold Mining Corp. closed an additional tranche consisted of an issuance of an aggregate of 3,044,228 subscription receipts at a price of CAD 0.08705 per Subscription Receipt, for gross proceeds of CAD 265,000.05. Together with the first tranche of the Hard Dollar Financing, the full Hard Dollar Financing consisted of an aggregate of 123,120,068 Subscription
Receipts for aggregate gross proceeds of CAD 10,717,601.92. Tillkännagivande • Dec 06
NeXGold Mining Corp. Intersects 6.3 Metres of 50.81 G/T Au Including 635 G/T Au over 0.5 Metres from Visible Gold Core Sample at the C Zone East NexGold Mining Corp. provided high-grade results from the C Zone East, including the results for the previously-announced visible gold intersection located below the current mineral resource on the eastern end of the C Zone at the Goliath deposit at the Goliath Gold Complex (the "Project"), and is also pleased to provide results from the initial Interlakes drill program. Visible Gold core sample from TL24-678 returned 117.95 g/t Au over 2.70 metres including 635 g/t Au over 0.5 metres at 607 metres depth down hole, which was within a wider interval of 6.30 metres grading 50.81 g/t Au; TL24-681 intersected 3.43 g/t Au over 2.,20 metres including 13.30 g/t Au over0.5 metres and 1.57 g/t Au over 2.52 metres including 4.64 g/t Au over 0.72 metres approximately 50 metres down dip of TL24-678, showing the continuation of C Zone gold mineralization and alteration; Interlakes showing results of Orogenic-style gold mineralization hosted in quartz veins in initial drilling campaign, intersecting 2.03 g/t over 1.50 metres in hole IL-24-09 and 2.23 g/t over 1. 50 metres in hole IL-24 -10. Visible Gold in TL24-678 grading 635 g/t Au Over 0.50 metres. This drilling is part of the 25,000-metre drill program initiated in August which has focused on opportunities for growth, expansion and discoveries within the Project's 65-kilometre strike and 330-kilometres2 property package. A total of 4,090 metres across six drillholes was completed on the Goliath property, which targeted the down-dip extension of the C Zone on the eastern end of the deposit area. The intersection containing the visible gold found in drillhole TL24-678 returned 117.,95 g/t Au over2.70 metres (within a wider interval of 6. 30 metres grading 50.81 g-t Au) including 635 g/t gold over 0.5 metres, which was encountered approximately 70 metres down dip of previously-released hole TL20-520 which intersected 1.35 g/t Au over 14.7 metres, including 6.00 g/t Au over 2.0 metres and 15 metres further down the hole, 65.2 g/t Au over 3.0 metres including 193 g/t Au over 1.0 metres. An additional hole, TL24-681, was drilled approximately 50 metres down dip to further investigate the extent of mineralization. While no visible gold was identified in core, significant gold intercepts were found in the C Zone, returning 3.43 g/t over 2.20 metres including 13.30 g/t over 0.50 metres and 1.57 g/t over 2.52 metres including 4.64 g/t over 0.72 metres. All six holes drilled in this area intersected the C Zone and confirms its continuation down dip. Other notable intercepts include: 1.42 g/t Au over 3.26 metres including 4.04 g/t Au over 1.00 metres in TL24-676A; 7.77 g/t Au over 0.53 metres and 0.86 g/t Au over 10.00 metres including 4.84 g/t Au over 1.00 metres in TL24-677; 0.44 g/t Au over 10.49 metres in TL24-679, and 0.55 g/t Au over 6.55 metres including 1.48 g/t Au over 1.00 metres in TL24-680. The Company has completed the Interlakes drill program with a total of 4,550 metres in 13 drillholes. These drillholes investigated several potential targets identified in recent desktop studies and reconnaissance traverses. These targets included testing potential Goldlund-style intrusions, significant local and regional structures, and along-strike trends to historical field samples. Gold was intersected in two drillholes located in the northern area of Interlakes, which was hosted in quartz veins and associated with pyrite mineralization. Hole IL-24-10 intersected 2.23 g/t Au over 1.50 metres and hole IL-24-09 intersected 2.03 g/t Au over 1.50 metres. This data will be integrated into the geological model of the area and analyzed to understand the orientation and controlling features of this mineralization for future targeting. Following the C Zone East drilling at the Goliath deposit, the drill was mobilized to the Far East target located on the northeastern side of the Goliath claim package. Drillholes have been designed to test the down-dip potential of the Goliath-style target which mineralization has been previously identified over a strike length of 400 metres, and to an approximate depth of 200 metres. These holes will also test the potential for higher-grade shoots within these mineralized zones. Tillkännagivande • Nov 08
NeXGold Mining Corp. announced that it has received CAD 18.537602 million in funding On November 6, 2024. NexGold has issued an aggregate of 10,106,250 FT units at a price of CAD 0.80 per unit for gross proceeds of CAD 8,085,000. and Signal has issued an aggregate of 120,075,840 subscription receipts at a price of CAD 0.08705 per Subscription Receipt for gross proceeds of CAD 10,452,601.87 for aggregate proceeds of CAD 18,537,601.8. Each FT Unit is comprised of one flow-through common share and one-half of one common share purchase warrant at a price of CAD 1.05 for a period of 24 months
following the date of issuance. The Subscription Receipts will automatically convert into units of Signal. Each NFT Unit will be comprised of one common share of Signal and one-half of one common share purchase warrant of Signal. Each NFT Unit Warrant will entitle the holder thereof to purchase one NFT Share at a price of CAD 0.11818 for a period of 24 months following the date of issuance. Each NFT Share issued on conversion of the Subscription Receipts will then be exchanged for 0.1244. In connection with the FT Financing, the company paid finder’s compensation to certain eligible finders comprised of aggregate cash payments of CAD 120,720 and the issuance of 150,900 non-transferable finder’s warrants in respect of subscribers introduced to company by such finders. The Finder’s Warrants are exercisable to acquire one company's Share at a price of CAD 0.95 for a period of 24 months from the date of issuance. All securities issued in the Concurrent Financing are subject to a statutory four-month and one day hold period from the date of issuance, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside of Canada. An investment fund sub-advised by Sprott Asset Management acquired 2,500,000 FT Units under the FT Financing for total consideration of CAD 2,000,000. Certain related parties of NexGold and Signal purchased or acquired direction or control over a total of 537,500 FT Units and 5,166,645 Subscription Receipts Tillkännagivande • Oct 29
NeXGold Mining Corp. Intersects Significant Visible Gold on the Eastern End of the C Zone at the Goliath Deposit at the Goliath Gold Complex NexGold Mining Corp. announced that recent drilling has intersected significant visible gold located below the current mineral resource on the eastern end of the C Zone at the Goliath deposit at the Goliath Gold Complex (the “Project”). This was intersected approximately 70 metres below a past mineral occurrence of 65.2 g/t Au over 3.0 metres including 193 g/t Au over 1.0 metres. Goliath Mineral Resource Expansion Drilling Program: The visible gold found in drillhole TL24-678 was encountered approximately 70 metres down dip of previously-released hole TL20-520 (Company news release dated March 5, 2020) which intersected 1.35 g/t Au over 14.7 metres including 6.00 g/t Au over 2.0 metres and, 15 metres further down the hole, 65.2 g/t Au over 3.0 metres including 193 g/t Au over 1.0 metres. This drilling is part of the 25,000-metre drill program initiated in August which has focused on opportunities for growth, expansion and discoveries within the Project’s 65-kilometre strike and 330-kilometres2 property package. This phase of the program has targeted the down-dip extensions of known high-grade mineralization with the intent of adding mineral resources to the future mining plan. The drill initially targeted the C Zone East area, which is a pocket of mineralization located in the C Zone on the eastern end of the deposit area. Future mineral resource expansion drilling at Goliath will also target the Main Zone’s Central and East high-grade shoots, as well as explore for potential high-grade shoots along strike to the west. Interlakes Drill Program Update: The Company has completed the Interlakes drill program with a total of 4,550 metres in 13 drillholes. The drillholes investigated several favourable targets identified in recent desktop studies and reconnaissance traverses. Results are pending and will be announced alongside the results from the C Zone East when available. Tillkännagivande • Aug 22
NeXGold Mining Corp. Provides an Update on the Field Work Conducted This Season NexGold Mining Corp. provided an update on the field work conducted this season and announce that the Company has commenced an expanded exploration program, including soil geochemistry and prospecting and mapping programs at its Goliath Gold Complex (the "Project") located in northwestern Ontario. These added programs target the northeast end of the Goldlund claim block, which has seen limited exploration. In May 2024, the company commenced a field exploration program which consists of prospecting, mapping, channel sampling, and soil geochemistry sampling. The primary goal of this program is to gather geological information, discover new gold anomalies, and improve and de-risk existing areas of interest to develop future drill targets. The team has focused on several key areas including the Fold Nose, South Syncline, and Far East targets on the Goliath claim block, and Interlakes, Wild Cats, Goldlund South, and Cabin Bay targets on the Goldlund claim block. Within the Fold Nose area, the exploration team completed channel sampling and detailed mapping to better understand the structural controls of gold mineralization in that region. The purpose of this detailed study was to confirm if gold mineralization in TL22-637 would link up to surface samples through a plunging structure. Multiple structural measurements identified lineation (L2) plunging towards previous intercepted gold values in TL22-637 which intercepted 0.42 g/t Au over 38.5 m. On surface, 13 channel samples returned from this program were greater than 1 g/t Au, with significant results of 7.13 g/t Au over 2.00 metres including 15.70 g/t Au over 0.75 metres, 3.18 g/t Au over 2.68 metres including 7.53 g/t Au over 0.78 metres, 5.10 g/t Au over 0.52 metres, 5.09 g/t Au over 0.47 metres, and 0.38 g/t Au over 6.61 metres. In total, 175 channel samples obtained an average 0.44 g/t Au within the Fold Nose area (excluding standards). Lateral strike extent of gold mineralization appears consistent over at least 35 metres which will be investigated through future surface sampling and drilling. An expanded field program has been initiated with a larger prospecting team being deployed to the northeast sector on the Goldlund claim block, which has had little previous exploration, and several new soil geochemistry sampling grids on the strike extension of the Miller Deposit as well as the Cabin Bay and Miles targets. These programs complement the 25,000 metre drill program and aim to target as part of the Company’s multi-stage exploration program that focuses on discoveries and opportunities for growth at the Complex. Tillkännagivande • Aug 07
NexGold Mining Corp Commences Phase 1 of a 25,000-metre Expansion and Discovery Drilling Campaign at the Goliath Gold Complex NexGold Mining Corp. announced that the Company has commenced a multi-stage exploration program, including a 25,000-metre diamond drilling program at its Goliath Gold Complex (the “Project”) located in northwestern Ontario. Phase 1 of this campaign is focused on the area between the Goliath and Goldlund deposits, which are separated by 25 kilometres and have seen very little historical drilling in between. Phase 1 Drilling Program: The first phase of the 25,000 metre drill program has been initiated and will focus on opportunities for growth, expansion and discoveries within the Project’s 65 kilometre strike. This will be accomplished by targeting structural trends across the belt that are similar to known deposits and have evidence of gold mineralization. Interlakes Drill Program, between Goliath and Goldlund Deposits: The program will start by drilling 4,000 metres to test the Interlakes target, a structurally complex area between two granitoid plutons in a region with historical gold anomalies. The planned drillholes will investigate several favourable targets identified in recent desktop studies and reconnaissance traverses. On the northern edge of the Interlakes target area, historic drill holes intercepted a hydrothermally altered, albitized, locally sulfide-mineralized shear zone (52F16SW2005), which correlates well with the prospectivity models developed by Mira Geoscience. Near the center of the Interlakes area, a historic drill hole encountered a high-grade gold intercept of 1.33 oz/t over 2 feet in pyritized quartz carbonated altered granodiorite rocks (52F16SW0033). In the south end of the Interlakes area, anomalous soil results adjacent to sericitic alteration within a mineralized shear zone were identified in previous field and drill programs (52F16SW2005). Following these initial targets, down-dip high grade trends at each of Goliath, Goldlund, and Miller will be drilled to expand known mineralization. Subsequent targets will be announced alongside the released results. Tillkännagivande • Jul 06
Treasury Metals Inc. announced that it has received CAD 6.39998 million in funding On July 5, 2024, Treasury Metals Inc. closed the transaction. The company announced that it has consisted of 8,690,000 FT Units at CAD 0.23 per FT Unit for aggregate gross proceeds of CAD 1,998,700 in second and final tranche. The Financing remains subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSXV and any applicable securities regulatory authorities. All securities issued in connection with the Financing are subject to a four-month and one-day hold period in Canada. Each FT Unit issued consists of one Treasury Share that is issued as "flow-through shares" and one common share purchase warrant of Treasury. Each Warrant is exercisable at a price of CAD 0.35 until July 2, 2027.
Certain insiders of the Company participated in Tranche 2, acquiring an aggregate of 8,690,000 FT Units on the same terms as other investors in the Financing for gross proceeds to the Company of CAD 1,998,700. Tillkännagivande • May 03
Treasury Metals Inc. announced that it expects to receive CAD 4 million in funding Treasury Metals Inc announced a non-brokered private placement of a minimum of approximately 17,391,304 flow-through units at a price of CAD 0.23 per FT Unit for a gross proceeds CAD 3,999,999.92 on May 2, 2024. The transaction includes participation from new individual investor, Frank Giustra acting as lead subscriber. Each FT Unit will consist of one common share and one common share purchase warrant. Each Warrant will be exercisable at a price of $0.35 for a period of 36 months following the closing of the Concurrent Financing. Completion of the Concurrent Financing is subject to obtaining the required TSX approvals and satisfaction of customary closing conditions. The FT Shares and Warrants to be issued in connection with the Concurrent Financing, will be subject to a statutory four-month and one day hold period from the closing date. Tillkännagivande • Mar 23
Treasury Metals Inc. Announces Resignation of Frazer Bourchier from the Board of Directors Treasury Metals Inc. announced resignation of Frazer Bourchier from the Board of Directors of the Company, effective March 21, 2024. Mr. Bourchier, who joined the Board in August 2020 as a nominee of First Mining Gold Corp. under the Investor Rights Agreement between the Company and First Mining, is leaving the Board to focus on his increasing professional commitments. Tillkännagivande • Nov 24
Treasury Metals Inc. announced that it expects to receive CAD 4.004 million in funding Treasury Metals Inc. announced a a non-brokered private placement of up to 28,600,000 units at a price of CAD 0.14 per unit for the gross proceeds of CAD 4,004,000? on November 23, 2023. Each unit will consist of one common share in the capital of the company and one-half of one common share purchase warrant. Each whole warrant will be exercisable at a price of CAD 0.25 for a period of 36 months following the closing of the offering. The transaction may include participation from the insiders of the company. The offering is expected to close on or about December 14, 2023, or such other date or dates as determined by the company and is subject to certain conditions including, but not limited to the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and any
applicable securities regulatory authorities. There can be no assurance as to whether or when the offering may be completed, or as to the actual final size of the offering. All securities issued in connection with the offering will be subject to a four month and one day hold period in Canada. Tillkännagivande • Sep 07
Treasury Metals Inc. Announces Board Changes Treasury Metals Inc. announced the appointment of James (Jim) Gowans as Chair of the Company's Board of Directors, succeeding David Whittle, who has resigned as a Director of the Company. Tillkännagivande • Jun 29
Treasury Metals Inc. Announces Board Changes Treasury Metals Inc. welcomed Michele Ashby and James (Jim) Gowans as independent members of the Board of Directors (the "Board"), bringing extensive knowledge and experience to complement the capabilities of the Board. Ms. Ashby founded Ashby Consulting Enterprises Inc. (ACE LLC), a consulting firm that provides corporate boardtraining and certification through her unique program, ACE Board Certification for Women. Her diversebackground includes 30 years as a gold specialist/analyst, financial expert, independent corporate director andsuccessful entrepreneur. She was named one of the Top 25 Most Powerful Women in Business in Colorado for 2019by the Colorado Chamber of Commerce for Women for her work in training 1,000 women for corporate boarddirectorships; in 2022, she was selected as one of the 100 Global Inspirational Women in Mining by Women inMining UK. She previously served as an independent director for Mene Inc., Lithium X and McEwen Mining and wasan Executive Consultant with McGhee Productivity Solutions as well as Chief Executive Officer and founder ofMiNE, LLC. Ms. Ashby was also the Chief Executive Officer and founder of Denver Gold Group Inc., a Coloradonot-for-profit corporation organized and operating as a trade association for the mining industry. Shegraduated magna cum laude with a degree in Finance from Regis University. Mr. Gowans has more than 40 years of experience in the resource sector through an extensive career as a seniorexecutive with several major mining companies and his role as past chair of the Mining Association of Canada.He has extensive mining knowledge and perspective on the importance of sustainability and stakeholder relations.He has held executive positions with Debswana Diamond Company in Botswana, DeBeers SA, DeBeers Canada Inc., PTInco in Indonesia, and Placer Dome Ltd. He was also interim president and CEO of Trilogy Metals Inc., President,CEO and a director of Arizona Mining Inc. and senior advisor to the Chair of the Board and Co-President ofBarrick Gold Corporation. He holds a Bachelor of Applied Science in Mineral Engineering from the University ofBritish Columbia and attended the Banff School of Advanced Management. He currently sits on the board ofdirectors of Cameco Corporation, Marathon Gold Corporation and Trilogy Metals Inc. As a part of the Company's ongoing Board Renewal process, William Fisher and Flora Wood did not stand forre–election to the Board at the Meeting. Tillkännagivande • Jun 28
Treasury Metals Inc. Announces Additional Exploration Results at Fold Nose Target and Update on Summer Field Program Treasury Metals Inc. announced new drill results from the follow up drill program on the Fold Nose Target in addition to the completion of a 3D Induced Polarization survey. The 2023 field mapping and prospecting program is now underway and follows up on exploration targets based on the 2022 grassroots-level exploration program. Access at the Goliath property is excellent for prospecting and mapping work, with an extensive forestry road network on the property. Select targets were drill tested to follow up on data collected from field programs, of which Fold Nose was a top target. Seven holes (2,802 metres) targeted the hinge of Fold Nose, four holes (1,897 metres) tested the east limb area of Fold Nose and four holes (1,445 metres) tested South Ridge. Significant new results from the drill program came from the Fold Nose hinge, with 27.0 metres grading 1.03 g/t Au, including 1.5 metres at 4.76 g/t Au and including 1.5 metres at 5.60 g/t Au in hole TL22-641. This result from TL22-641, and those from TL22-637 which is located in the interior of Fold Nose, are hosted within the same felsic rock unit as the Goliath Deposit. Fold Nose is one of the Company's top exploration targets, as it not only contains lenses of the felsic volcanic unit which hosts the Goliath Deposit, but also mineralized veins hosted in metamorphosed mafic and metasedimentary rocks. This vein style of mineralization is much more typical of a high-grade greenstone-hosted gold deposit and looks very different from both the Goliath VMS related gold deposit and the intrusion related gold at the Goldlund Deposit. Some of the highest grade results received to date at Fold Nose have been associated with veining within garnet-rich amphibolite (TL21-579A with 10.5 metres grading 10.98 g/t Au, including 1.5 metres grading 74.0 g/t Au). During the field program the team tested its geological model looking at the projected locations of favourable host rocks to surface. In late 2022, Treasury engaged Mira Geoscience to create a geological model of Fold Nose based on all the available geophysics data. As part of this process, several new exploration targets were created and became the basis for the most recent drill program. The Treasury team has been working on better understanding the Fold Nose geology, especially the geometry of the units. The other key to understanding Fold Nose is by unraveling the complex folding and faulting history in the area. While the airborne geophysical data used was sufficient to create this new geological model, small-scale features were not as prominent and more detail was required. The Company had a 3D Distributed Induced Polarization Survey, with a total of 48.9 line kilometres completed across this area to collect higher resolution data that should allow for better identification of these features. The interpretation and integration of this new data into the geological model is ongoing and will assist in the next phase of drilling. In addition, the Company has also partnered with Lakehead University on a structural geology-focused master thesis to better understand the complex structural history at Goliath. The summer field program is now underway and builds upon the traverses conducted across prioritized parts of the Goliath property in 2022. The purpose of the program is to improve the geological maps of these areas as well as to gather data which could upgrade prospective targets into drill targets. Field observation coupled with geophysics and geochemical vectors are helping the geology team to improve the understanding of the geology in these target areas. While portions of the Goliath property have limited outcropping, the field team was able to map and analyze close to 200 outcrops during the field program at targets Fold Nose, South Ridge, South Syncline and Gossan. In addition, the forestry industry is very active in Northwestern Ontario and continuously exposes new outcrops to discover and integrate into its regional geologic model. Tillkännagivande • Jun 03
Treasury Metals Inc. announced that it has received CAD 1.40572 million in funding On June 1, 2023, Treasury Metals Inc. closed the transaction. The company has issued 3,110,000 shares in the transaction for gross proceeds of CAD 1,405,720. Tillkännagivande • May 25
William (Bill) Fisher and Flora Wood Do Not Standing for Re–Election to the Treasury Board of Directors of Treasury Metals Inc Treasury Metals Inc. announced that two current, long-tenured directors, William (Bill) Fisher and Flora Wood, are not standing for re–election to the Treasury Board of Directors of the company. Tillkännagivande • May 12
Treasury Metals Inc. announced that it expects to receive CAD 1.41024 million in funding Treasury Metals Inc. announced a non-brokered private placement of up to 3,120,000 flow-through common shares at a price of CAD 0.452 per flow-through common share for gross proceeds of up to CAD 1,410,000 on May 11, 2023. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and any applicable securities regulatory authorities. All securities issued in connection with the transaction will be subject to a four month and one day hold period in Canada. The transaction is expected to close on or about June 1, 2023. Tillkännagivande • Jan 24
Treasury Metals Inc. Announces Result from the 2022 Summer Prospecting and Mapping Program At the Company's 100% Owned Goldrock Property Treasury Metals Inc. announced results from the 2022 summer prospecting and mapping program at the Company's 100% owned Goldrock property, located approximately 30km south of Dryden and 40km southwest of the Goliath Gold Complex. These new results, coupled with the newly received airborne geophysical survey data, will assist in the planning of the next phase of exploration on the property and will form the basis for assessing the exploration potential at Goldrock. Over the summer field program, the Company collected more than 60 surface grab samples from the Goldrock property. All samples were assayed for gold and analyzed for multi-element geochemistry, while select samples were submitted for whole-rock geochemistry. Multi-element geochemistry results have been analyzed and show positive correlation between gold, silver, arsenic, bismuth and antimony. These elements are commonly related to gold in lode-gold systems but are different from the associated elements at the Goliath Deposit. This correlation can be used to vector further geochemical sampling on the project. The whole-rock geochemistry is very useful at Goldrock, due to the intense alteration and deformation, as a tool to define layering and lithological contacts in the strongly overprinted rocks. Treasury collected five samples which ran over 0.16 g/t gold. These samples are located in the regional fold axis as well as adjacent to localized shear structures and lithology contacts. The airborne geophysics survey that was completed in the fall of 2022 will be helpful to define these types of mineralizing structures for future work. The Company flew an airborne geophysical program during late fall 2022, collecting digital line profile data, and electromagnetic and magnetic surveys. The Company is working with Axiom Group to interpret the geophysical data returned from running a NRGTM (New Resolution Geophysics) Xcite TDEM system, which provides a superior and efficient alternative to all prior HTDEM technologies for the mineral exploration community. The NRGTM configuration ensures the magnetic sensor is close to the geological source, improving the source to noise ratio and allowing for improved definition of geological anomalies. This new survey has higher resolution than previous surveys. This granularity will enable the geology team to pinpoint secondary splay shear zones of the Manitou Shear Zone as well as highlight lithological contacts and zones of increased mineralization potential. This new data will be used to create a highly detailed 2D model of the Goldrock property, with a 3D geological model to follow. The geophysics data coupled with the prospecting and mapping program is imperative. Ground truthing lithological units and mineralizing structures on the property will be useful to understand and interpret the geophysical anomalies and interpret other geophysical anomalies. The next step will be to review the geophysical properties for the areas with new gold results. These types of contrasting geophysical responses indicate geological contacts and fault structures. With the new geophysical data, the geology team will continue to improve the geological model for Goldrock and plan future exploration testing. Tillkännagivande • Nov 15
Treasury Metals Inc. Announces Exploration Results At Goldlund and Caracal Treasury Metals Inc. announces results on two exploration targets from the Goldlund property tested during the 2021 and 2022 drill campaigns. The first program, consisting of seven holes was to follow-up on a new target located to the northwest of the Goldlund PEA pit design. Additionally, the Company released four follow-up holes from the Wild Cat exploration program testing the continuity of the Caracal target. This target is based on a series of geophysical anomalies on the Goldlund structural trend northeast of the Goldlund deposit and had seen no historical drilling prior to the 2021 campaign. Results on the TTG target follow up from hole GL-21-073 that was released on November 03, 2021. Hole GL-21-073 intersected 5.5 m grading 66.56 g/t Au from 22.5 to 28.0 metres downhole, including 0.7 m grading 210.00 g/t Au, 0.8 m grading 78.40 g/t Au and 1.0 m grading 138.00 g/t Au in what was originally considered to be a potential extension of Zone 6 within a different host rock. This initial result was located to the northwest of the PEA pit designs (Figures 1 and 2). The geology team progressed the litho-structural model and planned a follow-up program to test different theories on the control of this step-out hit in hole GL-21-073. Relogging of hole GL-21-073 and detailed logging of the follow-up program GL-21-102 through GL-21-108 showed a coarse-grained intrusive rock hosting mineralization, this unit being a tonalite-trondhjemite-granodiorite or "TTG". This intrusive appears to be utilizing one of the fault structures that trend northwest across the Goldlund property and typically offset mineralization. Results are from seven follow-up holes testing the TTG unit. Hole GL-21-108 intersected 16.0 m grading 3.92 g/t Au including 1.3 metres grading 6.72 g/t Au and including 1.6 metres grading 22.20 g/t Au, approximately 5 metres vertically below surface. Hole GL-21-107 has several interesting intercepts, particularly at approximately 60 metres vertical depth below surface, where it intersected 21.0 metres grading 0.96 g/t, including 1.0 metre grading 11.60 g/t Au and including 1.0 metre grading 4.47 g/t Au Wild Cats – Caracal Target: During the 2021 drill campaign, the Company tested two Wild Cat targets on the Goldlund structural trend northeast of the Goldlund deposit. These targets were based on a series of geophysical anomalies with similar footprints to the Goldlund and Miller Deposits and are located between the two deposits. Results released are from four follow-up holes testing the continuity of the Caracal target over a strike length of approximately 600 metres. . From the logging and assay results, the Company believes this area hosts geology and mineralization similar to Zone 1, Zone 7 and Zone 2/3 at the Goldlund Deposit, characterized by the presence of granodiorite dykes and quartz carbonate veining. The Company had previously released results from the Ocelot and Caracal targets, showing multiple gold occurrences over a 1,200-metre strike length. Next steps at Caracal will be to step-out on strike from Caracal along the intrusion contact. The team believes the most prospective area will be to the northwest of existing drilling, where a localized deflection in the stratigraphy was identified through an airborne geophysical survey. Tillkännagivande • Sep 14
Treasury Metals Inc. Announces Exploration Program at Goldrock Property Treasury Metals Inc. announced the completion of a prospecting program at the 100% owned Goldrock Property ("Goldrock") located approximately 30 km south of the city of Dryden in Northwestern Ontario, approximately 40 km southwest of the Company's Goliath Gold Complex. The Company will follow up this prospecting campaign with an airborne geophysical survey starting late September. The Goldrock Property is located in the historic Goldrock Mining Camp which is hosted in the Eagle-Wabigoon-Manitou Lakes greenstone belt. The property covers the Manitou anticline which is a large-scale regional fold adjacent to the Manitou Straits Shear Zone. Regional folds often act as excellent traps for gold mineralization. Shear zones or faults act as fluid conduits for mineralizing fluids during the formation of gold deposits. The Manitou Straits Shear Zone is interpreted to be approximately 4-5 km wide composed of anastomosing discrete shear zones that trend northeast through the Goldrock Mining Camp. Mapping had shown additional shear zones running through the Goldrock Property. Several historic mines are located proximal to the regional shear zone structures and historic test pits and shafts are located throughout the area. Treasury conducted prospecting and mapping at the Goldrock Property during the summer of 2022. Sixty-two samples were collected for geochemical analysis, all samples will be analyzed for gold and 4-acid near total digestion ICP, while representative (less altered and deformed) samples will undergo whole-rock geochemistry. The geochemical alterations will be compared to the Goliath and Goldlund deposits and other greenstone hosted gold deposits to look for path finder elements and trends. The prospecting team encountered favourable mineralization and veining in outcrops at Goldrock. Historically, mineralization in the Goldrock camp has been associated with quartz-veining in mafic to intermediate volcanic rocks within the shear zone footprint. In addition, sheared and altered volcanic rocks with sulphide mineralization (predominantly pyrite) has been associated with gold mineralization. The Treasury team encountered several locations with volcanics hosting up to metre-wide quartz veining with abundant euhedral pyrite mineralization. The areas with the most extensive shearing also showed strong silicification alteration with sulphide mineralization. The new mapping coupled with the detailed airborne geophysical survey will help to define the location and intensity of the anastomosing shear zones within the property. Historic mines have been located proximal to shear zones, therefore identification of the shear zones on the property will be a key exploration vector (Figure 2). The airborne geophysical survey planned for later this month will be helpful for defining these shear zones across the property where outcrops are not prevalent. The Company will be flying an Airborne Geophysical program starting in late September which will include digital line profile data, electromagnetic and magnetic survey. Treasury will be running a NRGTM (New Resolution Geophysics) Xcite TDEM system, this provides a superior and efficient alternative to all prior HTDEM technologies for the mineral exploration community. The NRGTM has developed a proprietary algorithm which allows the magnetic sensor to be mounted on the EM transmitter loop. This configuration ensures the magnetic sensor is close to the geological source improving the source to noise ratio. The key for explorers being that there is an improved definition on geological anomalies. Following the geophysical survey, the Company will begin a regional geological interpretation for Goldrock which integrates the new datasets for exploration targeting. The Company has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the CIM Exploration Best Practices Guidelines. The drill core is sawn in half with one-half of the core sample dispatched to Activation Laboratories Ltd. facility located in Dryden, Ontario. The other half of the core is retained for future assay verification and/or metallurgical testing. Other QA/QC procedures include the insertion of blanks and Canadian Reference Standards for every tenth sample in the sample stream. A quarter core duplicate is assayed every 20th sample. The laboratory has its own QA/QC protocols running standards and blanks with duplicate samples in each batch stream. Additional checks are routinely run on anomalous values including gravimetric analysis and pulp metallic screen fire assays. Gold analysis is conducted by lead collection, fire assay with atomic absorption and/or gravimetric finish on a 50-gram sample. Check assays are conducted at a secondary ISO certified laboratory (in this case AGAT Laboratories located in Mississauga, Ontario) following the completion of a program. Tillkännagivande • Jun 29
Treasury Metals Inc. Announces Board Changes Treasury Metals Inc. welcomes Margot Naudie and Paul McRae as independent members of the Board of Directors (the "Board"), bringing extensive knowledge and experience to complement the capabilities of the Board; Ms. Naudie has more than 25 years of capital markets experience with expertise as a Senior Portfolio Manager for North American and global natural resource portfolios. She has held senior roles at leading asset management firms including TD Asset Management, Marret Asset Management Inc. and CPP Investment Board. She was cited as a Brendan Wood TopGun Investment Mind (Platinum) for five consecutive years. Margot is an active and engaged independent Director on public and private company boards. She has a Bachelor of Arts in Politics and Economics from McGill University, an MBA from the Richard Ivey School of Business, and is a Chartered Financial Analyst (CFA) Charterholder. Mr. McRae is a corporate director with a distinguished reputation in project and construction management in the mining industry for projects of all scales and complexities. His career spans more than 40 years and includes a track record of on time and on budget projects. Mr. McRae served as Project Manager on the highly successful De Beers Victor Project in Northern Canada, and he has held leadership roles with numerous other projects from concept, construction and into operation in Australia, Canada, USA, Spain, Chile and Portugal. Prior to retirement he served as Senior Vice-President Projects of Lundin Mining from 2012 to 2018 during which time he led the Eagle Mine in Michigan into production. Mr. McRae has served on the board of Southern Hemisphere Mining, Bluestone Resources and Filo Mining. He recently stepped down as a director of Lundin Gold where he chaired the Board Technical Committee for the last 7 years. Mr. McRae is currently a director of Westhaven Gold. As a part of the Company's Board Renewal process initiated last year, Marc Henderson and Daniel Wilton did not stand for re-election to the Board at the Meeting. The Board thanks Mr. Henderson and Mr. Wilton for their valuable contributions to Treasury Metals over the years. The Board announced that David Whittle, an independent member of the Board since August 2020, has been appointed Chair of the Board effective June 28, 2022, replacing William Fisher. Mr. Fisher will remain with Treasury Metals as a Director. 
