Province is enjoying a resurgence of gold mining Well financed to expand the resource potential What MegumaGold Corp does: MegumaGold Corp (CSE:NSAU) is pursuing a new approach to gold exploration in Nova Scotia, Canada, which already has a rich history of mining. Between 1862 and 1927 almost a million ounces of the precious metal were extracted from the province. The company has put together a land package of over 127,000 hectares consisting of nearly 8,000 claims and is one of Nova Scotia’s single largest mineral claim holders. Previously, mining and exploration was focused on high-grade nuggety style quartz-hosted gold, which is comparatively expensive to extract but the firm is interested in exploiting the disseminated, widespread, mineralization which also characterizes the area.