NexGold Infill Drilling Continues to Intersect High-Grade Gold Mineralization at the Goldboro Gold Project, Including 77.30 g/t over 1.25 metres and 19.32 g/t gold over 3.50 metres

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[{"type":"text","content":"NexGold Infill Drilling Continues to Intersect High-Grade Gold Mineralization at the Goldboro Gold Project, Including 77.30 g/t over 1.25 metres and 19.32 g/t gold over 3.50 metres\n\n\n\n TORONTO, July 10, 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 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 36 infill diamond drill holes (BR-25-485, 488, 492, 494, 497, 500, 503, 506, 509, 511, 514, 516, 517, 519, 525, 526, 528, 529, 531-533, 535-538, 540-543, 545-550), totalling 5,874.2 metres, were from drilling in the proposed east pit (\n \n Figure 1; Table 1\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 the East Goldbrook domain and within the proposed east pit. The additional infill, twinned drilling and numerous gold intercepts within the east pit will help us further refine the Goldboro Mineral Resource model going forward. We are also pleased to announce that we have selected Micon International Co Limited to complete the Mineral Resource update, which is now underway and is a critical first step to updating the existing Goldboro Feasibility Study. The Mineral Resource update is ongoing while permitting advances, including the recent news that the federal government of Canada has approved an amendment to Schedule 2 of the Metal and Diamond Mining Effluent Regulations for the Goldboro Gold Project, a key permitting milestone required for construction and operation\n \n .”\n \n\n Selected drill intersections from 36 diamond drill holes in this news release are further detailed in\n \n Table 2\n \n and include:\n \n\n\n\n 77.30 g/t gold over 1.25 metres (from 96.75 to 98.00 metres), including 190.50 g/t gold over 0.50 metres...

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