NexGold Intersects 3.31 g/t Gold over 20.0 Metres at the Goldlund Deposit, and Announces Change in Board of Directors

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[{"type":"text","content":"NexGold Intersects 3.31 g/t Gold over 20.0 Metres at the Goldlund Deposit, and Announces Change in Board of Directors\nTORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide initial results from the recently announced diamond drilling program (Company news release dated January 28, 2026), which comprises up to 25,000 metres at the Goliath Gold Complex (comprised of the Goliath, Goldlund and Miller Deposits). The drill program is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit mineral resources. The results presented in this release include 2,490 metres of diamond drilling in eight drill holes (GL-25-001 to GL-25-008B) that infill areas of Zone 4 and test down-dip continuity (Figures 1 and 2). Selected drill intercepts from diamond drill holes at the Goldlund Deposit in this news release are further detailed in Table 1 and include: 3.31 g/t gold over 20.00 metres (from 279.00 to 299.00 metres), including 71.69 g/t gold over 0.75 metres and 3.89 g/t gold over 1.00 metre in drill hole GL-25-003;7.59 g/t gold over 9.00 metres (from 345.50 to 354.50 metres), including 104 g/t gold over 0.50 metres and 5.64 g/t gold over 1.00 metres in drill hole GL-25-002;3.16 g/t gold over 7.00 metres (from 93.00 to 100.00 metres), including 13.90 g/t gold over 1.00 metres and 4.51 g/t gold over 1.00 metres in drill hole GL-25-006; and1.87 g/t gold over 10.85 metres (from 362.00 to 372.85 metres), including 4.68 g/t gold over 1.00 metres and 9.49 g/t gold over 1.00 metres in drill hole GL-25-002. Kevin Bullock, President and CEO of NexGold, commented: “We are pleased to provide the initial drill results from the infill drill program at Goldlund. The drilling at the deposit provides a greater level of certainty in the deeper areas of the planned open pit, which will be used to support our efforts to optimize the Goliath Gold Complex. We are also excited by the results that confirm the continuity of known, near surface mineralization to the deeper areas of the proposed pit. Additionally, this mineralization is open along strike and at depth which provides opportunity for follow up targets and potential expansion of the mineral resource in these areas.” Mineralization at the...

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