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NSGold Revises Resource Reports for Dios Padre, Leipsigate Properties

NSGold Corporation (NSX.V) has revised technical reports for its Dios Padre silver property in Mexico after the British Columbia Securities Commission identified certain deficiencies with the company's previous reports. Prior resource estimates of the property found Dios Padre contained about 4.1 million metric tons of measured, indicated and inferred silver and as much as 8.2 million metric tons of potential resource although the commission determined those estimates were unsupported by NI 43 101-compliant studies. The company also retracted historical reserve potentials for its Leipsigate property in Nova Scotia, stating it is not material to NSGold operations at this time.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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