Aug. 28 at 9:35 PM
Posted on behalf of NeXGold Mining - Two advanced Canadian projects, two economic studies, roughly 2.4 million gold equivalent ounces of combined reserves.
Goldboro: post-tax NPV(5%) of C
$328M, 25.5% IRR at US
$1,600/oz, about 100 koz a year over 11+ years.
Goliath PFS: C
$336M NPV(5%), 25.4% IRR at US
$1,750/oz, about 91 koz a year over 13+ years.
Goldboro is fully permitted and in pre-construction, updated FS on track for 2026.
$NXGCF: https://x.com/StckMasterFlash/status/2092335162935914947