Modern mining returns to Nova Scotia. The Moose River district proved that the Meguma Belt still has commercial potential with the successful Touquoy Mine operation.
The Touquoy Mine (2017-2024) was Nova Scotia's first new gold mine in decades, producing 300,000+ oz from an open pit.
Classic Meguma saddle reef geology. Gold in quartz veins at fold hinges, with oxide ore amenable to heap leaching.
Multiple companies actively exploring nearby targets. The district continues to attract investment.
The Touquoy Mine is an open-pit gold operation near Moose River that operated from 2017 to 2024, producing over 300,000 ounces. It demonstrated that Nova Scotia's historic gold deposits can be mined commercially with modern methods.
The active mining areas are off-limits, but surrounding Crown Land and historic workings may be accessible with a Prospector's License. Check with Nova Scotia DNR for current access status.
Optional gold-culture references for readers curious about bars, coins, purity and storage language after prospecting. These are third-party resources, not financial advice.
Third-party resource for learning how vaulted physical gold services describe storage, fees and custody.
Useful for comparing bars, coins, premiums and purity language after learning field testing basics.
Browse mainstream bullion product formats and premiums as gold-culture background, not prospecting advice.
Reference catalogue for seeing common retail names, weights and purity markings used on coins and bars.
Land access rights, safety conditions, and public fossicking zones change. You are solely responsible for verifying regulations with local authorities (DOC/Council/BLM) and assessing river safety before visiting. Paystreak.io accepts no liability for injury, fines, or trespassing. Never dig on private land without explicit permission.
✓ Information last verified: January 2026