NexGold Intersects 9.30 g/t Gold Over 11.0 Metres and 2.31 g/t Gold Over 21.5 Metres at the Goldlund Deposit, Ontario

Core Viewpoint - NexGold Mining Corp. has announced additional results from its diamond drilling program at the Goliath Gold Complex, focusing on the Goldlund Deposit, which aims to infill and potentially expand open pit mineral resources [1][2]. Drilling Program Details - The diamond drilling program consists of up to 25,000 metres, with recent results including 1,883 metres from five drill holes [1]. - The drill holes are designed to infill mineralization areas within or near the base of the open pit Mineral Resource, primarily within the Inferred category of Zone 4 mineralization [1][2]. Mineralization Insights - The mineralization at the Goldlund Deposit is characterized by quartz stockwork veining within sub-vertical granodiorite sills, with Zone 4 showing wide intervals of mineralized intermediate-mafic volcanic rocks [2]. - The results indicate strong continuity of mineralization at depth, supporting the geological model and enhancing confidence in future mineral resource estimates [2]. Drill Results Highlights - Significant gold intercepts include: - 9.30 g/t gold over 11.0 metres in drill hole GL-25-010, with high-grade intervals of 64.10 g/t over 0.9 metres [4][5]. - 2.31 g/t gold over 21.5 metres in drill hole GL-25-011, including 30.10 g/t over 0.7 metres [4][5]. - 1.18 g/t gold over 33.5 metres in drill hole GL-25-009, with a notable 62.30 g/t over 1.0 metre [4][5]. - 2.34 g/t gold over 10.2 metres in drill hole GL-25-013, including 15.8 g/t over 0.7 metres [4][5]. - 1.03 g/t gold over 16.5 metres in drill hole GL-25-014, with a peak of 28.9 g/t over 1.5 metres [4][5]. Company Overview - NexGold Mining Corp. is focused on gold mining, with assets in Canada and Alaska, including the Goliath Gold Complex and the Goldboro Gold Project in Nova Scotia [9]. - The company is committed to sustainable practices and community engagement throughout its project lifecycle [9].