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NexGold Mining Reports Additional Broad, High-Grade Gold, Drill Intercepts at Goldlund, Supporting Mineral Resource Continuity and Expansion Potential
Results Include 15.21 g/t Gold Over 20.1 Metres, 5.11 g/t Gold Over 21.8 Metres and 4.51 g/t Gold Over 21.9 Metres TORONTO, May 19, 2026 (GLOBE NEWSWIRE) --
About this update from Nexgold Mining Corp.
[{"type":"text","content":"Results Include 15.21 g/t Gold Over 20.1 Metres, 5.11 g/t Gold Over 21.8 Metres and 4.51 g/t Gold Over 21.9 Metres TORONTO, May 19, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide additional positive results from the ongoing diamond drilling program at the Company’s Goliath Gold Complex in northwestern Ontario, which includes the Goliath, Goldlund, and Miller Deposits. The drill program, of which approximately 19,000 metres have been completed of the planned 25,000 metres, is focused on infilling and potentially expanding open pit Mineral Resources at the Goldlund Deposit. The results presented in this news release include 5,816 metres of diamond drilling in 14 drill holes (GL-26-006 to GL-26-008 and GL-26-010 to GL-26-019B). These drill holes infill and expand mineralization in Zone 4 of the Goldlund Deposit from near the centre to the northeastern end of the open pit Mineral Resource (Figures 1, 2 and 3; Tables 1 and 2). Selected intercepts from diamond drill holes at the Goldlund Deposit in this news release are further detailed in Table 1 and include: 15.21 g/t gold over 20.1 metres (from 386.2 to 406.3 metres), including 497.00 g/t gold over 0.5 metres and 50.10 g/t gold over 1.0 metre, in drill hole GL-26-007; additionally, 3.55 g/t gold over 6.0 metres (from 370.0 to 376.0 metres), including 8.98 g/t gold over 1.0 metre, 5.39 g/t gold over 1.0 metre, and 4.50 g/t gold over 1.0 metres was intersected in the same hole; 5.11 g/t gold over 21.8 metres (from 351.6 to 373.4 metres), including 159.00 g/t gold over 0.5 metres and 13.40 g/t gold over 0.6 metres in drill hole GL-26-014; 4.51 g/t gold over 21.9 metres (from 244.5 to 266.4 metres), including 134.00 g/t gold over 0.6 metres, 10.40 g/t gold over 1.0 metre, and 6.76 g/t gold over 0.5 metres in drill hole GL-26-012; 2.12 g/t gold over 16.0 metres (from 379.0 to 395.0 metres), including 27.30 g/t gold over 1.0 metres in drill hole GL-26-016; and 1.34 g/t gold over 30.0 metres (from 258.0 to 288.0 metres), including 13.13 g/t gold over 0.7 metres and 7.38 g/t gold over 0.9 metres in drill hole GL-26-011. These drill results are in the same general area of Zone 4 mineralization where previously reported drill intersections were announced (see NexGold news release dated February 2, 2026) an...