NexGold Mining Plans Construction Decision for Goldboro Project by 2026
NexGold Mining advances its Canadian projects following the integration of Blackwolf Copper and Gold, focusing on transitioning to production at Goldboro, Nova Scotia. The company is preparing for a final investment decision after securing necessary federal and provincial permits. A feasibility study update is expected soon, with resources prioritized for Goldboro. Meanwhile, the Goliath project in Ontario is under a defensive timeline with a pause in the feasibility study. A formal construction decision for Goldboro is anticipated in 2026, contingent on successful project financing.
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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.
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