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NexGold Receives Notice of Completion on Industrial Approval from the Government of Nova Scotia for the Goldboro Gold Project
TORONTO, June 17, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. ( TSXV: NEXG; OTCQX: NX...
About this update from Nexgold Mining Corp.
[{"type":"text","content":"NexGold Receives Notice of Completion on Industrial Approval from the Government of Nova Scotia for the Goldboro Gold Project\n\n\n\n TORONTO, June 17, 2025 (GLOBE NEWSWIRE) --\n \n NexGold Mining Corp.\n \n (\n \n TSXV: NEXG;\n \n\n OTCQX: NXGCF)\n \n (“\n \n NexGold\n \n ” or the “\n \n Company\n \n ”) is pleased to announce that the Government of Nova Scotia has deemed the Company’s application for an Industrial Approval of a Surface Gold Mine to be complete for the Company’s 100% owned Goldboro Gold Project (“\n \n Goldboro\n \n ”), located in eastern Nova Scotia. The application will now undergo a final review, with an expected date of completion within 60 days of the notice.\n \n\n The Industrial Approval (“\n \n IA\n \n ”) is a key permit issued by the Province and is required after the successful release from the Environmental Assessment process which occurred in 2022. The IA allows for the operation, construction, or reclamation of certain industrial projects in Nova Scotia, including surface mines, and forms part of the environmental legislation under the Environment Act in Nova Scotia. The IA contains terms and conditions that a project must follow to ensure that potential adverse effects to the environment are prevented. The Company submitted its IA application in August 2023 and has worked continuously with designated Government of Nova Scotia representatives to reach this stage. The IA is typically one of the last permits to be issued by the Government of Nova Scotia to allow for the commencement of construction and eventual operations.\n \n\n Kevin Bullock, President and CEO, stated:\n \n “We are extremely proud to receive the notice that our Industrial Approval submissions have been deemed complete by the Government of Nova Scotia. This is a major milestone that paves the way for the potential development of the Goldboro Gold Project. The letter we received is the culmination of years of work by the NexGold team and we look forward to future constructive dialogue with the Province to work towards a positive IA conclusion in the next two months.”\n \n\n\n\n About NexGold Mining Corp.\n \n\n\n NexGold Mining Corp. is a gold-focused company with assets in Canada and Alaska. NexGold’s Goliath Gold Complex (which includes the Go...