NexGold Intersects 18.16 g/t Gold over 2.1 Metres and 6.91 g/t Gold over 2.5 Metres at the Goldboro Open Pit Gold Project

About this update from Nexgold Mining Corp.

[{"type":"text","content":"NexGold Intersects 18.16 g/t Gold over 2.1 Metres and 6.91 g/t Gold over 2.5 Metres at the Goldboro Open Pit Gold Project\n\n\n\n\n TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- 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 final 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 was 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 the final 14 infill diamond drill holes (BR-25-585 and 593 to 603), totalling 2,072.0 metres, were from drilling in the proposed west and east pits of the Goldboro Open Pit Gold Project (\n \n Figures 1 and 2; Tables 1 and 2\n \n ).\n \n\n Kevin Bullock, President and CEO stated: “\n \n With the final results from this program now in hand, the Company continues with its ongoing work on the Goldboro Mineral Resource and mine planning. We are pleased with the results, which have consistently demonstrated the presence of high-grade zones, near surface, within the planned open pits and has also indicated the potential for new zones of gold mineralization within the proposed open pits. We anticipate completing an updated Mineral Resource Estimate within the next few months which will be used as the basis for an updated Feasibility Study, which will commence shortly.”\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 18.16 g/t gold over 2.1 metres (from 147.0 to 149.1 metres), including 62.00 g/t gold over 0.6 metres in drill hole BR-25-597;\n \n\n\n\n 6.91 g/t gold over 2.5 metres (from 69.0 to 71.5 metres), including 22.10 g/t gold over 0.6 metres in drill hole BR-25-595;\n \n\n\n\n 23.20 g/t gold over 0.8 metres (from 126.0 to 126.8 metres) in drill hole BR-25-598;\n \n\n\n\n 2.19 g/t gold over 7.0 metres (from 110.7 to 117.7 metres), including 26.60 g/t gold over 0.5 metres in dri...

More updates from Nexgold Mining Corp.