NexGold Continues to Intersect High-Grade Gold Mineralization at the Goldboro Open Pit Gold Project, Including 50.73 g/t gold over 6.65 metres and 5.28 g/t gold over 19.20 metres

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[{"type":"text","content":"NexGold Continues to Intersect High-Grade Gold Mineralization at the Goldboro Open Pit Gold Project, Including 50.73 g/t gold over 6.65 metres and 5.28 g/t gold over 19.20 metres\n\n\n\n TORONTO, July 17, 2025 (GLOBE NEWSWIRE) --\n \n NexGold Mining Corp.\n \n (\n \n TSXV: NEXG;\n \n\n OTCQX: NXGCF)\n \n (“\n \n NexGold\n \n ” or the “\n \n Company\n \n ”) is pleased to provide additional drill results from a recently-completed 26,854-metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Open Pit Gold Project (“\n \n Goldboro\n \n ”) in Nova Scotia. The drill program is primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The assay results for an additional 14 infill diamond drill holes (BR-25-551 to 559 and BR-25-561 to 565), totalling 3,347.0 metres, were from drilling in the proposed west and east pits (\n \n Figures 1 and 2; Tables 1 and 2\n \n ).\n \n\n Kevin Bullock, President and CEO, stated: “\n \n We are very pleased to continue to see high-grade gold assays from both the East and West Goldbrook open pit domains and that the assays continue to be generally consistent with our Mineral Resource model at Goldboro. The additional drill intercepts within the east and west pits will help us further refine the model going forward. We have begun the update to the Mineral Resource for Goldboro, which will form the basis for an updated Goldboro Feasibility Study.”\n \n\n\n Selected drill intersections from the 14 diamond drill holes in this news release are further detailed in\n \n Table 2\n \n and include:\n \n\n\n\n 50.73 g/t gold over 6.65 metres (from 138.60 to 145.25 metres), including 253.00 g/t gold over 1.00 metres, and including 115.30 g/t gold over 0.60 metres in drill hole BR-25-559;\n \n\n\n\n 5.28 g/t gold over 19.20 metres (from 161.00 to 180.20 metres), including 56.00 g/t gold over 1.00 metres in drill hole BR-25-562;\n \n\n\n\n 59.60 g/t gold over 0.85 metres (from 123.60 to 124.45 metres) in drill hole BR-25-565;\n \n\n\n\n 22.21 g/t gold over 1.80 metres (from 179.50 to 181.30 metres), including 48.90 g/t gold over 0.80 metres in drill hole B...

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