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NexGold Mining is progressing the development of its Canadian projects, particularly focusing on the transition to production at the Goldboro site in Nova Scotia. Following the acquisition of Blackwolf Copper and Gold, the company is preparing a final investment decision after obtaining essential federal and provincial approvals.

The company expects to update the feasibility study and is prioritizing capital and personnel for the Goldboro project. In contrast, the Goliath project in Ontario has paused its feasibility study as alternative configurations are evaluated. A construction decision for Goldboro is expected in 2026, pending successful project financing, with preliminary construction set to begin in the second half of 2026.