NexGold Infill Drilling Continues to Intersect High Grade Gold Mineralization at the Goldboro Gold Project; 3.58 g/t Gold Over 18.3 Metres, 2.79 g/t gold over 19.7 Metres and 103.50 g/t Gold Over 0.7 Metres

Core Insights - NexGold Mining Corp. has completed a 25,000-metre diamond drill program at its Goldboro Gold Project in Nova Scotia, with a total of 26,854 metres drilled across 141 holes, exceeding the initial plan due to efficiencies and additional twinning of historic drill holes [1][2][3] Drilling Program Update - The infill drilling program aims to improve geological and grade continuity and potentially upgrade Inferred and Indicated Mineral Resources [1] - The company will continue to report assay results through Q3 2025 as they become available [2] - Early assay results from the proposed east and west pits have shown positive outcomes, indicating the presence of gold mineralization consistent with previous results [3][4] Mineral Resource Update - The company plans to update the Goldboro Mineral Resource based on the new data, which will serve as the foundation for a planned Feasibility Study update [3] - The timing of the drill program completion aligns with the recent Notice of Completion for the Nova Scotia Industrial Approval for the project [3] Assay Results - Selected drill intersections include: - 3.58 g/t gold over 18.3 metres in drill hole BR-25-530, including 59.40 g/t over 0.6 metres [6] - 2.79 g/t gold over 19.7 metres in drill hole BR-25-544, including 72.80 g/t over 0.5 metres [6] - 103.50 g/t gold over 0.7 metres in drill hole BR-25-523 [6] - The company has released results from approximately 34% of the infill program, confirming the geological model's predictions while also identifying new mineralization in previously under-drilled areas [4] Technical and Quality Assurance - The company has implemented a quality assurance and quality control (QA/QC) program to ensure compliance with industry standards for sampling and analysis [12] - Assays are conducted using fire assay methods, with additional checks for samples exceeding 0.5 g/t Au [13][15] Company Overview - NexGold Mining Corp. is focused on gold mining, with assets in Canada and Alaska, including the Goldboro Gold Project and the Goliath Gold Complex [17] - The company emphasizes sustainable practices and community engagement throughout its project lifecycle [17]