NexGold Initiates 30,000-Metre Infill Drill Program at the Goldboro Gold Project in Nova Scotia

NexGold's 30,000-meter drill program at Goldboro tells the same story we've been tracking since 2008. Mining companies need massive capital expenditures to extract what's left in increasingly challenging deposits. The fact they're doing infill drilling suggests they're trying to prove up resources in known zones rather than discovering new high-grade areas. This is typical of a maturing gold mining landscape. Meanwhile, physical gold sits in your safe without operational risk, permitting delays, or environmental challenges. Every ounce they eventually pull from Nova Scotia rock will cost significantly more than today's spot price. The mining sector's capital intensity continues validating the thesis for holding physical metal over mining equities.