Business
NexGold Intersects 40.09 g/t gold over 17.7 Metres at the Goldboro Open Pit Gold Project
TORONTO, July 30, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. ( TSXV: NEXG; OTCQX: NX...
About this update from Nexgold Mining Corp.
[{"type":"text","content":"NexGold Intersects 40.09 g/t gold over 17.7 Metres at the Goldboro Open Pit Gold Project\n\n\n\n TORONTO, July 30, 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 seven infill diamond drill holes (BR-25-570,-579, -584, -586, -605, -606, and -607) totalling 1,309.2 metres were from drilling in the proposed west pit of the Goldboro Open Pit Gold Project (\n \n Figures 1; Tables 1 and 2\n \n ).\n \n\n Kevin Bullock, President and CEO, stated: “\n \n The high grades over considerable thicknesses encountered in recent drilling will be important to the ongoing work on the Goldboro Mineral Resource and mine planning. Goldboro continues to demonstrate the presence of high-grade zones, near surface, within the planned open pits. We are encountering this style of mineralization at open pit depths with all intersected zones projecting to surface. We anticipate final assays from the full drill program to be returned in the coming weeks and are looking forward to using that information in an updated Mineral Resource which will ultimately inform the planned updated Feasibility Study.”\n \n\n\n Selected drill intersections from the seven diamond drill holes in this news release are further detailed in\n \n Table 2\n \n and include:\n \n\n\n\n 40.09 g/t gold over 17.7 metres (from 120.5 to 138.2 metres), including 1,010.00 g/t gold over 0.5 metres and including 220.00 g/t gold over 0.5 metres and including 124.50 g/t gold over 0.5 metres in drill hole BR25-570;\n \n\n\n\n 6.75 g/t gold over 18.0 metres (from 225.5 to 243.5 metres) including 94.2 g/t gold over 0.5 metres and including 41.9 g/t gold over 0.5 metres and including 27.0 g/t gold over 0.5 metres and including ...