We’ve been following the progress of NSGold Corp (NSX – $0.17) for quite some time, which is why we jumped at the opportunity to host an update interview with the company’s Chairman and CEO, Mr. Hans van Hoof, especially in light of its recent spin-out of its Mexican assets into NSX Silver Inc (NSY – $0.30).
Our session starts out with a look at how and why this spin-out occurred, as Mr. van Hoof explains the company’s motivation and rationale for starting NSX Silver. We also get a glimpse of how NSGold’s assets have been divided amongst the two companies.
Mr. van Hoof gives us an update of the progress at Mooseland, NSGold’s most important gold property in Nova Scotia, Canada. He talks a bit about the most recent developments, including plans for a “potentially transformational deal” to make sure, in the CEO’s words, that “shareholders get the value they deserve.”
Our interview investigates the latest happenings at the Dios Padre silver project in Mexico as well. And we engage Mr. van Hoof in a discussion about a recently initiated drill program at Dios Padre, which should give us more information about a mysterious conductive anomaly that measures 600 metres wide by 800 metres long with a depth of at least 300 metres.
Whether you’re familiar with NSGold and NSX Silver, or are learning about these companies for the first time, our interview is sure to get you up to speed.
Click the play button below to listen in or download the convenient transcript. Feel free to send us your comments!
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