GoldPure-PlayOptionality ScaleFeasibility Study · Stage 5 of 8Reported Q2 2026 results (cash + short-term investments of CA$101.1M as of 30 Jun) as a Goldboro Gold Project (Nova Scotia) construction decision nears -- an updated Feasibility Study (incl. updated open-pit MRE, capex/opex estimates, engineering/risk work) remains on track for 2026 completion with early-works construction slated for H2 2026 -- while a parallel 25,000 m infill/expansion program at the Goldlund deposit, Goliath Gold Complex (Ontario), reached 21,986 m by quarter-end (highlights incl. 15.21 g/t Au over 20.1 m in GL-26-007) — Aug 2026Multi-project developer -- see Projects tab (Goldboro, Goliath Gold Complex) Map
NexGold Mining Corp. (rebranded from Treasury Metals Inc. in Jul 2024) is a Canadian gold developer with two flagship, 100%-owned projects: the fully-permitted Goldboro Gold Project in Nova Scotia (2022 Feasibility Study; advancing toward a potential construction decision targeted late Q3 2026, with early earthworks tentatively scheduled to start Sep 2026) and the Goliath Gold Complex near Dryden, Ontario (an advanced-stage high-grade deposit combining the Goliath, Goldlund, and Miller deposits, PFS-stage). A 30,000m infill drill program at Goldboro was ~62% complete as of 9 Jul 2026, and an updated Feasibility Study for Goldboro is expected Q3 2026. Kevin Bullock is President & CEO; Orin Baranowsky is CFO.
Notable vs. Peers
Financials score of 10/10 is stronger than the peer average of 6.6/10.
0.1085 oz/tCut-off: OP 0.45 g/t Au; UG 2.40 g/t Au
Far belowFar above
0.04 oz/t median
Open pit and underground (Goldboro, fully permitted, pre-construction); open pit (Goliath Gold Complex, PFS-stage)
10.9 yrs
Far belowFar above
11 yrs median
@5%$328M(at $1,600/oz)
Far belowFar above
$603M median
0.77x
Far aboveFar below
0.40x median
This company's data hasn't been researched yet
Not enough peer data yet
$1,600/oz64% below spot ($4,480/oz)
26%Clears Durrett's 25% developer bar
Far belowFar above
43% median
4.7%
0%100%
19.3% median
This company's data hasn't been researched yet
149 kmfrom New Gold Inc.'s Rainy River
Outside typical bolt-on range
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
6/10
Unlikely bolt-onFits the takeout profile
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Smart money
1/10
No named institutional or strategic holder is on record. Three directors and officers bought stock on the open market repeatedly through the year, but two of them also sold more stock than the group bought in total.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Technical Report Takeaways
We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.
