St Barbara has updated its Preliminary Feasibility Study (PFS) for the 15-Mile processing hub in Nova Scotia, reporting 1.4 million oz of proven and probable gold reserves. The update improves project economics, including a 21% increase in NPV and an extended mine life of 13 years.
NexGold Mining Corp. announced high-grade gold intercepts from its Reverse Circulation infill drill program at the Goldboro Gold Project in Nova Scotia. Key results include 5.26 g/t gold over 7.0 metres and 7.08 g/t gold over 5.0 metres. This infill drilling aims to upgrade mineral resources from Indicated to Measured categories, supporting the project's mine plan and a potential investment decision later this year.
NexGold provided a monthly update on the Goldboro Gold Project, highlighting progress on an updated Feasibility Study and the expansion of its RC infill drill program from 30,000 to 40,000 metres. The update restates significant gold intercepts from recent drilling, including up to 61.22 g/t Au over 12.0 metres.
NexGold Mining Corp. announced significant gold assay results from its ongoing RC infill drill program at the Goldboro Gold Project in Nova Scotia, including 12.06 g/t Au over 6.0 metres and 3.84 g/t Au over 18.0 metres. The program, designed to enhance confidence in near-surface mineralization within the West and East pits, has been expanded from 30,000 to 40,000 metres due to its success. These results are expected to support future geological modeling, resource refinement, and mine planning activities.
NexGold Mining Corp. announced initial results from its RC infill drill program at the Goldboro Gold Project in Nova Scotia, designed to upgrade Mineral Resources to the Measured category. The program delivered several high-grade gold intercepts, including 61.22 g/t gold over 12.0 metres and 5.85 g/t gold over 13.0 metres, with a peak of 685 g/t gold over 1.0 metre. These results confirm the location, tenor, and thickness of mineralization at a higher level of detail, supporting future resource estimates and an investment decision.
NexGold Mining Corp. announced initial high-grade gold drill results from its infill program at the Goldboro Gold Project in Nova Scotia, including 61.22 g/t gold over 12.0 metres and 5.85 g/t gold over 13.0 metres. This program aims to confirm mineralization, de-risk the mineral resources, and upgrade Indicated resources to the Measured category in areas targeted for early production. The results will inform a final investment decision and future Mineral Resource Estimates, with detailed QA/QC procedures supporting the data's credibility.
EDM Resources has reported exceptionally high gold grades in its zinc and lead concentrate piles at the Scotia Mine, with assays reaching up to 157 g/t Au in lead concentrate and 3.64 g/t Au in zinc concentrate. These results were confirmed by AGAT Laboratories and may prompt a review of the mine's gold potential.
Signal Gold announced final drill results from its growth exploration program at the Goldboro Project, including high-grade intercepts of 76.31 g/t gold over 0.5 metres and 12.88 g/t gold over 0.6 metres. The program successfully demonstrated continuous gold mineralization along a 1.1-kilometre strike length, extending the known mineralization to 3.4 kilometres. These results provide further confidence in the scalability of the Goldboro Deposit and its exploration model.
Signal Gold reports significant 2023 advancements at the Goldboro Project, including high-grade gold drill intercepts that extend the known strike length to 3.4 km. The company is also progressing through key permitting milestones and has expanded its exploration land package in the Goldboro Gold District.
Signal Gold announced additional diamond drill results from its Goldboro Project in Nova Scotia, extending gold mineralization over one kilometre to the west of the main deposit. The program successfully tested a 1.1-kilometre strike extent, confirming the Goldboro mineralized system now spans over 3.4 kilometres. Highlights include high-grade intercepts such as 12.73 g/t gold over 0.6 metres and 13.01 g/t gold over 0.6 metres, with further drill results pending.
