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NSGold Corp (NSX – $0.10) is commencing a new drill program at its 100% owned Mooseland Gold Project in Nova Scotia, Canada. Contrary to the previous drill campaigns in 2010 and 2011, the Company will now concentrate on gold bearing veins within 75 metres from the surface. NSGold will drill ten to twelve holes ranging from 50 to 75 meters […]
Read moreBecause discovering properties with millions of ounces of gold is very scarce, it makes sense to search for them where other major deposits have already been found. One such attractive region is Nevada, which contributes over 7% of the total world gold production, making it the fourth largest producer in the world behind, China, South Africa, and Australia. One of […]
Read moreIn an updated NI 43-101 compliant resource report the total inferred mineral resource estimate for NSGold’s (NSX – $0.09) Mooseland gold property in Nova Scotia, Canada, is increased to 454,000 ounces of gold. This conservative estimate, prepared by MineTech International, is based on drill core assay results from 135 diamond drill holes, totaling 32,696 metres, completed by Hecla Mining between […]
Read moreNSGold Corporation (NSX – $0.14) currently focuses most of its resources on its flagship property, the Mooseland gold project, which has an NI 43-101 compliant resource estimate of 390,000 ounces of gold based on results from 167 drill holes totaling 40,371 metres. NSGold will increase that resource in the 2nd quarter of 2012 when analytic results from its 2011 drill […]
Read moreWe’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 […]
Read moreNSGold Corp (NSX – $0.27) released analytic results on the final six drill holes from its 2011 drill campaign at its 100% owned Mooseland gold property in Nova Scotia, Canada. All six holes were drilled on the West Zone and intersected substantial quartz veining. 56 samples assayed more than 1 gram of gold per tonne of which 6 assayed over […]
Read more43,413,767 common shares of NSX Silver will be distributed to NSGold Corp (NSX – $0.46) shareholders at the close of business on Friday, March 16, 2012. For each share held of NSGold, we will receive one share of NSX Silver in our brokerage accounts a few days later. NSX Silver will commence trading two days prior to the distribution of […]
Read moreNSGold Corporation (NSX – $0.46) has finally obtained all the necessary documents from the securities commissions to proceed with the spin-out of its Mexican silver assets into NSX Silver Inc. The TSX Venture Exchange has already approved the listing of the new NSX Silver shares, but an exact date for the first quotation still hasn’t been set, although this will […]
Read moreNSGold Corp. (NSX – $0.42) started off the new year by announcing significant geological results from its Dios Padre property in Sonora State, Mexico. A ground-based geophysical survey, supported by geochemical rock sampling, identified five potential gold-silver-copper zones. One such zone corresponds to the site of earlier mining activities, for which the Company targets a resource estimate of at least […]
Read moreNSGold (NSX – $0.42) has taken the next step in spinning-out its Mexican Silver assets into a new publicly traded Company called NSX Silver Inc. At an Extraordinary General Meeting, an overwhelming 99.98% of shares voted in favor of distributing the shares of the new Company as a tax free Reduction of Capital. This was important, because now the distribution […]
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