NxGold

Early Stage Exploration Shows Promise in Multiple Jurisdictions

Overview

NxGold Ltd. (TSXV:NXN) is an exploration and development company based in Vancouver targeting high grade gold deposits in tier one jurisdictions.  The Company currently has two projects one located in each of  Western Australia and Nunavut, Canada. Founded by the team behind NexGen Energy Ltd. (TSX:NXE), the Company’s Management and Board brings extensive experience in exploration, development and production.  The Company employs the same disciplined, systematic and process-driven exploration approach as was employed at NexGen which resulted in the rapid discovery and development of the Arrow uranium deposit.

The Company’s current focus is on their 80%-owned Mt. Roe Gold Project located in Australia’s Pilbara region, an area where NxGold has the advantage of holding a highly prospective land position with gold showings across the project and the potential to host a number of types of gold systems.  Flattened, rounded gold nuggets recovered at Mt.Roe are characteristic of recent gold discoveries on adjacent properties promoted by Novo Resources (TSXV:NVO), Artemis Resources (ASX:ARV) and De Grey Mining (ASX:DEG).

Company Highlights

  • NxGold directed by highly successful team behind NexGen Energy with proven track record of generating significant value for shareholders
  • Properties located in mining friendly jurisdictions as designated by the Fraser Institute
  • Possession of highly sought-after land position in the Pilbara region through their Mt. Roe project
  • Mt. Roe project showing gold nuggets akin to those found by Novo Resources, Artemis Resources and De Grey Mining