Commodities
NexGold Intersects 12.06 g/t Gold over 6.0 Metres and 3.84 g/t Gold over 18.0 Metres During Infill Drill Program at Goldboro
TORONTO, July 09, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to report additional assay results from its ongoing Reverse Circulation (“RC”) infill drill program (the “RC Infill Drill Program”) at the Company’s Goldboro Gold Project (“Goldboro” or the “Goldboro Project”) in Nova Scotia. Based on the success of the program to date and the potential to further enhance confidence in near-surface mineralization, the Company has ele
About this update from Nexgold
TORONTO, July 09, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) ("NexGold" or the "Company") is pleased to report additional assay results from its ongoing Reverse Circulation ("RC") infill drill program (the "RC Infill Drill Program") at the Company's Goldboro Gold Project ("Goldboro" or the "Goldboro Project") in Nova Scotia. Based on the success of the program to date and the potential to further enhance confidence in near-surface mineralization, the Company has elected to expand the RC Infill Drill Program from approximately 30,000 metres to 40,000 metres. The RC Infill Drill Program is focused on selected areas of the Goldboro Deposit and is designed to infill specific areas of the Goldboro Mineral Resource within the West and East pits at a nominal drill spacing of 12.5 metres and down to depths of 50 metres (Figures 1 and 2). Kevin Bullock, President, CEO & Director of NexGold, commented: "I am encouraged by the results generated to date from our RC Infill Drill Program at Goldboro. The drilling continues to confirm the continuity, tenor and thickness of near-surface mineralization within the proposed West pit area at a higher level of detail. The program is also providing additional geological and grade information in areas that are currently contemplated in the early years of the Goldboro mine plan. Given the success of the program to date, combined with the proceeds from our recently-completed C$10 million flow-through financing, we have elected to expand the RC Infill Drill Program to further evaluate and better define near-surface mineralization within the West and East pits. "The information generated through this program is expected to support ongoing geological modelling, Mineral Resources refinement, and mine planning activities at Goldboro, while also informing the Company's evaluation of a potential construction decision on the project. The expanded program is approximately 62% complete and is expected to continue into the fourth quarter of 2026. We look forward to providing further updates as additional assay results become available." Drill results in this news release represent 3,420 metres of drilling from 72 RC drill holes (RC-26-084 to RC-26-152, RC-26-197, RC-26-206 and RC-26-207) from the west pit (Table 1). Cumulatively, the Company has released results for 154 drill holes representing a total...