New gold mine near Goldboro passes next hurdle

A mining company is one step closer to developing Nova Scotia’s next gold mine. NexGold wants to develop an open-pit gold mine near Goldboro, N.S.  The provincial government announced Wednesday it has granted Goldboro Gold Mining Inc., a subsidiary of NexGold, a Crown land lease for 779 hectares.

“Gold is a strategic mineral with great potential to attract investors and be an economic driver for Nova Scotia,” said Tory Rushton, Minister of Natural Resources. The company has already received environmental approval for the project, as well as mineral exploration and extraction licences. It has also signed community benefits agreements with the Assembly of Nova Scotia Mi’kmaw Chiefs and the Municipality of the District of Guysborough. It is still awaiting industrial approval for the project.