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Beskrivning

LandSverige
ListaFirst North Stockholm
SektorRåvaror
IndustriGruvdrift & metaller
Northgold är verksamt inom gruvsektorn. Bolaget är specialiserat inom prospektering, exploatering samt vidare distribution av ädelmetaller. Råvarorna består huvudsakligen av guld och silver. Kunderna återfinns inom ett flertal branscher, med störst inriktning mot grossister samt diverse återförsäljare. Verksamheten bedrivs med störst närvaro i Finland.
2022-11-25 11:00:00

Financial highlights of third quarter 2022 (Group, consolidated)

  • Net sales amounted to KSEK 0 (Q3 2021: KSEK 0).
  • Operating profit/loss after financial items totalled KSEK -2,202 (Q3 2021: KSEK -1,452).
  • Earnings per share after financial items amounted to SEK -0.2 (Q3 2021: SEK -0.5).
  • Cash flow from operating activities was KSEK -1,422 (Q3 2021: KSEK -2,179).

Financial highlights of first nine months 2022 (Group, consolidated)

  • Net sales amounted to KSEK 0 (9M 2021: KSEK 0).
  • Operating profit/loss after financial items totalled KSEK -7,435 (9M 2021: KSEK -2,405).
  • Earnings per share after financial items amounted to SEK -0.7 (9M 2021: SEK -0.8).
  • Cash flow from operating activities was KSEK -5,379 (9M 2021: KSEK -3,104).

Significant events in the third quarter

  • Northgold announces initial drill results confirming shallow, high-grade gold at Kopsa, within a broad interval of 3.90 g/t gold over 98.7m (2 August 2022).
  • Northgold expands gold mineralisation at flagship Kopsa project (23 August 2022).
  • Northgold completes 2022 diamond drilling at Kopsa and moves the drill rig to Kiimala Trend to test new geophysical anomalies (12 September 2022).

Significant events after the period

  • Northgold announces additional resource expansion drill results from its flagship Kopsa gold-copper project, including high-grade intervals at depth (10 November 2022).
  • Additional drill results from Kopsa extend the previously reported down-dip expansion eastward and include high-grade intercept 12.51 g/t gold over 1.8m at depth (24 November 2022).

For the full report, please download the attached PDF. The full report is also available at: www.northgoldab.com/investors, under Financial Reports.

For additional information, please contact the CEO:
“Mitch Vanderydt”
Mitchell J. Vanderydt, P.Eng, MBA
Email: ir@northgoldab.com
Website: www.northgoldab.com
Follow us: www.linkedin.com/company/northgold

About Northgold
Northgold is a Swedish gold exploration and development Company with multiple resource-stage projects in the Middle Ostrobothnia Gold Belt (MOGB) of Central Finland, including the Kopsa Gold-Copper project and the Kiimala Trend Gold project. The Company strives to find and ultimately extract gold from under-prospected areas in Finland. Visit www.northgoldab.com for more information.
Augment Partners AB, tel. +46 8-604 22 55 info@augment.se, is acting as the Company's Certified Adviser.