NexGold Receives Cabinet Approval for the Crown Land Lease at the Goldboro Gold Project

Core Viewpoint - NexGold Mining Corp. has received approval for the Crown Land Lease and License for the Goldboro Gold Project, marking a significant milestone for the company's development efforts in Nova Scotia [1][2][3]. Group 1: Project Development - The Crown Land Lease and License are essential for the development of the Goldboro Gold Project, allowing for infrastructure development and the operation of an open pit mine [2][3]. - The lease covers an area of 779 hectares, while the license encompasses an additional 97 hectares of Crown land [2]. Group 2: Economic Impact - The Goldboro Gold Project is expected to create over 700 jobs and contribute approximately $2.1 billion to Nova Scotia's economy over its lifetime [3]. - Gold has been added to Nova Scotia's strategic minerals list, indicating government support for projects like Goldboro [3]. Group 3: Company Overview - NexGold Mining Corp. focuses on gold mining with assets in Canada and Alaska, including the Goliath Gold Complex in Ontario and the Goldboro Gold Project in Nova Scotia [4]. - The company is committed to engaging with regional communities and Indigenous Nations to create sustainable economic opportunities and promote community well-being [4].