NevGold (NAU.V) has closed the flow-through financing it announced last week. The company ended up issuing 1.72 million flow-through shares priced at C$0.65. As mentioned before, this flow-through raise will help the company to advance three projects simultaneously and the flow-through dollars will come in handy to explore the Ptarmigan silver project in British Columbia.
NevGold will also drill both Nutmeg (10,000 meters) and Limousine Butte (7,000 meters) after this summer and this should result in resource updates and upgrades on both projects in Q1 2023. We should see some fresh drill results from Limousine Butte relatively soon.
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