NexGold Intersects 13.67 g/t over 1.75 metres and 1.05 g/t over 21.20 metres at the Goliath Deposit and Provides Update on Sprott Royalty

Core Viewpoint - NexGold Mining Corp. has announced additional results from its diamond drilling program at the Goliath Gold Complex, indicating promising gold mineralization and potential for resource expansion [1][3][22] Drilling Results - The company has completed 21,000 metres of a planned 25,000-metre drill program, with the latest drilling covering 6,355 metres across 30 holes [1][2] - Drilling at the Goliath Deposit focused on infilling shallow zones of mineralization, with 1,749 metres drilled in 14 holes, confirming gold mineralization in the C, D, and E zones [2][3] - The Eastern Alteration Corridor (EAC) prospect received 993 metres of drilling in four holes, also intersecting gold mineralization [2][3] Selected Drill Intercepts - Significant drill intercepts include: - 1.05 g/t gold over 21.20 metres in hole TL25710, with higher grades of 16.20 g/t over 0.70 metres [4][10] - 13.67 g/t gold over 1.75 metres in hole TL25698, including 34.20 g/t over 0.68 metres [4][10] - 4.97 g/t gold over 0.80 metres in hole GSW-25-04 at Goldlund Southwest [7][10] Goldlund Southwest Drilling - An initial drilling campaign at Goldlund Southwest covered 3,613 metres across 12 holes, targeting potential extensions of the granodiorite sills [5][10] - Drilling results indicated several quartz veins and zones of gold mineralization, although over short distances [5][7] Future Development Plans - The company plans further drilling at the EAC prospect to assess the extent of gold mineralization and its potential inclusion in future development [3][22] - Current drill results will not impact the ongoing Feasibility Study but may contribute to future Mineral Resource updates [22] Financial Update - NexGold has elected to issue 1,317,385 common shares to Sprott Resources Streaming and Royalty Corp. to satisfy a minimum payment of US$675,000 under a royalty agreement [14]