NexGold Infill Drilling Intersects 11.87 g/t Gold Over 6.1 Metres and 3.77 g/t Gold Over 9.1 Metres at the Goldboro Gold Project

About this update from Nexgold Mining Corp.

[{"type":"text","content":"NexGold Infill Drilling Intersects 11.87 g/t Gold Over 6.1 Metres and 3.77 g/t Gold Over 9.1 Metres at the Goldboro Gold Project\n\n\n\n TORONTO, June 05, 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 an update on its ongoing 25,000-metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Project in Nova Scotia (“\n \n Goldboro\n \n ”). 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 drilling is progressing well with three diamond drills currently at Goldboro, which have completed approximately 22,000 metres of diamond drilling. The program is anticipated to be completed at the end of Q2.\n \n\n The Company is pleased to provide assay results for nine diamond drill holes (BR-25-466 to BR-25-472 and BR-25-474 to BR-25-475) which form part of the drill program designed to confirm gold mineralization in certain areas by infilling the western and southern ends of the proposed western open pit (Figure 1; Table 1). These nine holes intersected gold mineralization broadly as predicted by the existing mineral resource model with some local variation in positioning of modelled mineralized solids at the scale of metres.   Additional gold mineralization was intersected outside of modelled mineralized solids particularly in the hanging wall of the deposit in areas of the planned open pit not previously drilled. The results to date support the general geological continuity of mineralization within the modelled mineralized solids.\n \n\n Kevin Bullock, President and CEO, stated:\n \n “We are extremely pleased with the early results from our ongoing 25,000-metre infill drill program at Goldboro and anticipate a steady flow of information from the program as results continue to roll in. The results from the first batch of infill drilling support the geological continuity of the mineral resource model and the grades typically intersected in previous drill holes. As we continue to further de-risk and refine the deposit model going...

More updates from Nexgold Mining Corp.