Northgold AB

Press release (6 February 2024): Electromagnetic survey identifies new exploration targets, beneath and southwest of the Kopsa Resource, signaling new growth potential “The combined scale of Conductors 2 and 3 below Kopsa is very interesting, especially given the historic theories that Kopsa may be sitting on top of a copper-dominant porphyry type system, some of which have produced large copper-gold deposits such as Aitik and Lavern deposits in Sweden. Possible connection of these conductors to other known Au-Cu mineralizations, Sorola and Vehka, gives us new ideas of Kopsa’s long term potential to grow. We look forward to uncovering explanations for these geophysical anomalies beneath Kopsa.” -Timo Mäki, Vice President and Board Member Read the full release here: https://lnkd.in/dHdjpDjQ #gold #copper #exploration #finland #miningnews #geophysics #fixedloopEM #conductors #growth #nasdaq #sweden #Northgold #NG

Northgold in Swedish press (30 January 2024): "Northgold: Closer to more of Kopsa's gold. Henrik Löfberg, CEO at Northgold visited ProHearings on 24-01-26 and gave an investor presentation" (English translation) Read the full release from Dagens Industri: https://lnkd.in/dQjY2sxX (In Swedish) And join the thousands of investors who already tuned into the event on Youtube - a video replay of Northgold's live presentation and Q&A can be found here: https://lnkd.in/dEcvxxSF (Swedish subtitles are available) STO:NG | FRA:QY5 #goldexploration #finland #goldinvestment #goldprice #ceoinsights #investorpresentation #sweden #nasdaq #northgold #NG

Press release (23 January 2024) Kopsa gold-copper resource grows 37% to 0.75 million gold-equivalent ounces, with grade increasing 10% to 1.13 grams per tonne gold-equivalent Henrik Löfberg, Interim CEO and Board member, comments: “I am excited to see Kopsa’s advancement materializing in the way Northgold’s founders had hoped it could. This increase to near 1 million ounces at a 10%-improved grade puts Kopsa on the map as a globally significant project, and solidifies its position as one of the largest undeveloped gold projects in Finland.”   Mitch Vanderydt, P.Eng, MBA, Advisor and Former CEO, comments: “This result certainly landed at the top end of my expectations. At the rate they are going, the Northgold exploration team is likely only a few thousand metres of drilling away from reaching the 1 million ounce gold-equivalent milestone at Kopsa, above which economics for a stand alone mine and mill should start to look quite robust, as would be confirmed by future studies.“ Read the full release here: https://lnkd.in/de7X5PFj STO:NG | FRA:QY5 #mineralresources #goldexploration #goldmining #openpitmining #miningnews #gold #copper #goldinvestment #finland #nasdaq #sweden #europe #northgold #NG

Northgold AB is presenting the company for the "Future Geo Experts" at the University of Helsinki in the geological seminar with industry professionals, mineral cluster companies, professors, students and alums. https://lnkd.in/dVHKM9JP The seminar indicates friendly and productive cooperation with the mineral cluster companies and the academics. We got to listen to an in-depth and exclusive panel discussion, the participants of which were Aku Heinonen, Jukka Jokela, Reijo Pitkäranta, Elina Lehtonen, and Hannele Pokka. Thank you for the organizing committee! Follow the "NG" story: www.northgoldab.com and www.nasdaqomxnordic.com Northgold AB is a Swedish-listed gold exploration and development Company focused on advancing multiple, co-located, resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland, including the Kopsa Gold-Copper project, the Kiimala Trend Gold project, and the Hirsikangas Gold project. The Company strives to grow its gold mineral resources, make new gold discoveries, and ultimately extract gold from these under-explored areas in Central Finland. Northgold AB on Ruotsissa pörssilistattu kullan etsintä- ja kehitysyhtiö, joka keskittyy useiden, rinnakkain sijaitsevien, resurssivaiheen projektien edistämiseen Keski-Suomen Keski-Pohjanmaan kultavyöhykkeellä, mukaan lukien Kopsa Gold-Copper -projekti, Kiimala Trend Gold. -hanke ja Hirsikangas Gold -projekti. Yhtiö pyrkii kasvattamaan kultamineraaleja, tekemään uusia kultalöytöjä ja viime kädessä louhimaan kultaa näiltä Keski-Suomen alitutkituilta alueilta. #drilling #gold #exploration #finland #northgoldab #geology #nasdaq #nasdaqlisting #goldinvesting #goldexploration #resourcegrowth #goldinvestment #goldstocks #northgoldab #growth #project #diamonddrilling #drilling #team #flagship #geophysical #potential #assays #revenue #model #kulta #sijoittaminen

News article by Barrons (8 December 2023): Gold Prices Are Near Record Highs. They May Keep Climbing for the Next 10 Years. “Gold has always been a hit or miss investment—usually more miss than hit. So I can’t believe what I’m about to say: It’s time to buy gold for the long run.” “There are periods where gold can outperform for years even. It gained 56.3% annualized from August 1976 through September 1980, when the S&P 500 rose 10.8-a period of hyperinflation. It also rose 20.6% annualized from March 2001 through August 2011, when the S&P 500 advanced just 2.4%, outperforming when the tech bubble burst and the financial crisis unfolded.” “There are signs emerging that a similar period of outperformance is now taking shape. Take the relationship between gold and U.S. Treasury yields….” Read the full article here: https://lnkd.in/dvdnAHFr #goldnews #goldprice #gold #bullmarket #goldinvestment #goldstocks #goldexploration #finland #northgold #NG #nasdaqfirstnorth #sweden #norway #germany #switzerland #uk #france #europe #hongkong

Press release (7 December 2023) Northgold reports remaining 2023 gold and copper drill results from Kopsa, including 0.91 grams per tonne gold-equivalent over 105.2 metres “We are delighted to follow the previously announced strong drill results from deeper, south-central portions of the deposit, with today’s announced continued success on either side. This is particularly important, because in order to expand the central portions of the deposit to the south and towards depth, the southern limits of the expanded resource pit shell would naturally grow to also encompass today’s newly reported southeastern and southwestern mineralized zones, and this should bode well for helping to maintain Kopsa’s low strip ratio as it grows.” -Mitch Vanderydt, CEO Read the full release here: https://lnkd.in/dxeERzJr #miningnews #drillresults #gold #copper #goldexploration #goldinvestment #goldstocks #goldprice #finland #nasdaq #sweden #norway #germany #uk #switzerland #europe #goldresources #northgold #NG

Gold's push above $2,000 could be the start of a bigger rally as commodity analysts at Societe Generale see gold prices holding around $2,200 an ounce through most of 2024. In its recent commodity outlook, the French bank said that even with elevated bond yields, the bond market presents less of a risk for gold going forward. The bank’s analysts identified critical factors impacting gold prices, which could push the market to all-time highs in the new year. "When treasuries experience the level of volatility that they are experiencing today, the value of future cash flows attached to a coupon strip over a non-interest-bearing asset like gold diminishes," SocGen’s analysts said. To get SocGen’s full outlook on gold, read the article here -https://lnkd.in/gG5tCf7H For more news on the gold market, follow us Kitco NEWS #goldprice #goldmarket #treasuries #societegenerale #kitco

Last week, Northgold AB CEO Mitch Vanderydt and board member & co-founder Timo Mäki attended the #PreciousMetalsSummit in #Zurich to meet with #investors and fellow junior #gold #mining corporates.   While the mood at the conference was somehwat mute given much of the junior gold mining sector currently trades near all-time lows at rock-bottom valuations, the near-to-mid term #outlook for both the gold and gold mining sectors was very #positive, as the gold price is expected by many to continue rising on the back of continued central bank gold buying, among other factors. Northgold also gave a company presentation at the event - you can watch the replay here: https://lnkd.in/dhsBrDZG STO:NG | FRA:QY5 #northgold #NG #goldinvestment #miningconference #centralbanks #positiveoutlook #goldprice

Press Release (10 November 2023): Orior Capital initiates coverage of Northgold AB Orior’s experienced research analyst, Simon Francis, has reviewed available public information and issued a detailed research initiation report titled, “Best risk-reward in gold.” The research report underpins a prospective Northgold valuation of SEK17.15/sh, based on the average enterprise value per resource ounce for Orior’s selected comparable peer group, applied to Northgold’s mineral resources. Report also includes an alternative valuation using a Discounted Cash Flow (DCF) analysis applied to a conceptual Kopsa production scenario, which suggests an even higher prospective Northgold valuation of SEK 35.73/sh, based on a post-tax NPV multiple of 0.4x for Kopsa’s production potential, and a peer group average EV/oz applied to other projects’ resources. Read the full research report here: https://lnkd.in/dF2EdT88 STO:NG | FRA:QY5 #researchreport #researchanalyst #miningresearch #miningnews #gold #goldstocks #goldprice #goldinvestment #finland #nasdaq #sweden #germany #europe #stockvaluation #upside #northgold