TORONTO, Feb. 25, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide additional results from the recently-announced diamond drilling program, which comprises up to 25,000 metres at the Goliath Gold Complex (comprised of the Goliath, Goldlund and Miller Deposits). The drill program is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit mineral resources. The results presented in this news relea ...

TORONTO, Feb. 02, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide initial results from the recently announced diamond drilling program (Company news release dated January 28, 2026), which comprises up to 25,000 metres at the Goliath Gold Complex (comprised of the Goliath, Goldlund and Miller Deposits). The drill program is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit mineral resource ...

Core Viewpoint - NexGold Mining Corp. has initiated a diamond drilling program at its Goliath Gold Complex in Ontario, focusing on the Goldlund Deposit to infill and potentially expand open-pit Mineral Resources, with a total of up to 25,000 metres planned for 2026 [1][2]. Group 1: Drilling Program - The drill program aims to increase drill density in the deeper portions of the Goldlund open-pit Mineral Resource and to test high-grade plunging shoots for geological continuity [1]. - The drilling commenced in late 2025 and is expected to continue throughout 2026, with regular updates on results anticipated [2]. Group 2: Mineral Reserves and Resources - The Goliath Complex includes Proven & Probable Mineral Reserves of 1,267,000 ounces of gold and 1,724,000 ounces of silver, based on 30,319,000 tonnes at a grade of 1.30 g/t gold and 1.77 g/t silver [2][3]. - The Goldlund Deposit specifically has Probable Reserves of 621,000 ounces of gold at a grade of 1.19 g/t gold, with a total of 1,784,500 ounces of gold and 2,819,100 ounces of silver in combined Measured and Indicated open-pit Mineral Resources [2][3]. Group 3: Company Strategy and Community Engagement - The President and CEO of NexGold stated that 2026 is expected to be a transformational year for the company, with a focus on advancing the Goldboro Gold Project in Nova Scotia while optimizing the Goliath Complex [2]. - The company emphasizes the importance of engaging with First Nations communities and advancing permitting activities alongside technical studies [2].

Core Viewpoint - NexGold Mining Corp. has achieved significant milestones in 2025, positioning itself for a transformative year in 2026, with a focus on advancing its Goldboro and Goliath Gold Complex projects [2][3]. 2025 Achievements - The company transitioned to a multi-asset, Canadian gold-focused developer after acquiring Signal Gold in December 2024 - Share price increased by over 150%, from $0.70 to $1.77 - Market capitalization grew by more than 325%, from $100 million to over $400 million [2]. 2026 Priorities - Focus on creating value through the advancement of Goldboro and Goliath projects, including comprehensive drill programs and permitting activities [3]. - Key priorities for Goldboro include finalizing an updated Mineral Resource Estimate based on recent drilling results [3]. Goldboro Gold Project Developments - Major federal and provincial permits received to advance Goldboro towards construction, including: - Crown Land Lease and License granted in May 2025 - Schedule 2 Amendment approval in July 2025 - Industrial Approval received in August 2025 - Fisheries Act Authorizations granted in October 2025 [4]. - Implementation of a landmark Benefits Agreement with the Assembly of Nova Scotia Mi'kmaw Chiefs, outlining economic and environmental benefits [4]. - Continued implementation of the Community Benefits Agreement with the Municipality of the District of Guysborough, including community grants and local office commitments [4]. - Deleveraging of the balance sheet through early repayment of a US$12 million debt facility and repurchase of a 0.6% NSR Royalty [4]. - Sale of a US$24 million, 2.9% royalty to Appian Capital Advisory Limited, with a non-binding Letter of Intent for up to US$175 million in project finance debt [4]. - Completion of a $112.5 million bought deal equity financing [4]. - Completion of infill diamond drill programs at Goldboro and Goliath [4]. Goliath Gold Complex Updates - Decision to pause the Feasibility Study at Goliath to assess alternatives for optimal project configuration [5]. - Issuance of common shares to Sprott Streaming as part of a royalty agreement to satisfy a minimum payment [5]. Investor Relations - Agreement with GDT Strategic Communications Inc. for investor relations services, with an initial term of three months at a fee of $8,500 per month [6]. Project Execution and Planning - Completion of a Feasibility Study update commenced in November 2025, including capital and operating cost estimates [7]. - Advancement of project execution planning and detailed engineering to support construction requirements [7]. - Initiation of an early works construction program in the second half of the year [7]. - Additional exploration activities planned to discover new deposits and resources [8].

Core Viewpoint - Rottenstone Gold Inc. has announced a proposed acquisition of various royalty interests and plans to reposition itself as Silver Royalties, indicating a strategic shift towards a focus on precious metals royalties [1][17]. Acquisition of Royalties - The acquisition involves royalties from projects operated by notable companies including Kinross Gold Corporation, SSR Mining Inc., NexGold Mining Corp., Champion Iron Limited, Orano Canada Inc., and Cameco Corp. [2][3]. - Specific royalties include: - Great Bear Royalty: 0.75% NSR on approximately 570 ha of mining leases and 1,241 ha of mining claims in Ontario [2]. - Seabee Royalties: 2% NSR on approximately 8,873 ha and 0.5% NSR on approximately 2,832 ha in Saskatchewan [2]. - Goldboro Royalties: 2.0% GSR on approximately 10,848 ha in Nova Scotia [3]. - Bloom Lake East Royalty: 1% GSR on approximately 3,800 ha in Labrador [3]. - Preston Royalties: NSR interests ranging from 1.4% to 2.0% covering approximately 49,635 ha in Saskatchewan [3]. - WAB Royalty: 1% GSR on approximately 5,859 ha in Saskatchewan [3]. Terms and Related Party - The acquisition will be conducted on an all-stock basis, with Rottenstone Gold planning to issue 93,225,807 common shares as consideration for the royalties [6]. - The transaction has been approved by independent directors, and no finder's fees will be paid [7]. Corporate Strategy for the Royalties - The acquisition is expected to provide durable project coverage across a diverse portfolio exceeding 200,000 acres, enhancing the company's market position in the royalty sector [10]. - The company aims to become a significant player in the royalty market, focusing on mining majors and strategically selected lands [11]. Change of Business - The Royalty Acquisition is anticipated to constitute a fundamental change in the company's operations, leading to a trading halt until completion or termination of the acquisition [15]. - The company has management experience in the mining royalty industry, which will be leveraged post-acquisition [16]. Name Change to Silver Royalties - Upon successful completion of the acquisition, the company intends to adopt the name of its subsidiary, Silver Royalties Corp., to align with its new business focus [17]. - This name change is expected to enhance the company's branding in the precious metals market [18]. Special Meeting - A special shareholder meeting will be convened to seek disinterested shareholder approval for the Royalty Acquisition [20][21]. Multilateral Instrument 61-101 Disclosure - The acquisition is classified as a related party transaction under MI 61-101, necessitating independent valuation and approval from disinterested shareholders [22].

Core Points - S2 Minerals Inc. has announced a proposed name change to "FNX Inc." and amendments to its share structure, which were overwhelmingly approved by shareholders [1][2] - The amendments include re-designating existing common shares as "subordinate voting shares" and creating a new class of "multiple voting shares" [1] - The effective date for the name change and amendments is set for December 5, 2025, with trading under the new symbol "FNX" commencing on the same day [2] Company Overview - S2 Minerals Inc. is a Canadian mineral exploration company focused on mineral properties in Northwest Ontario, particularly the Sandy Lake project [3] - The Sandy Lake project encompasses approximately 167,000 acres of mineral claims, with S2 holding a 100% interest in about 137,000 acres and joint venture interests in additional claims [4] - The project is located within the traditional territories of Sandy Lake First Nation and Keewaywin First Nation, with potential for future Canadian-focused exploration projects [5]

Hydrogen Exploration Stock Max Power (CSE: MAXX) (OTC: MAXXF) Announces Resource Venture Capitalist Andy Bowering Becomes Special Advisor Investorideas.com (www.investorideas.com Newswire) VANCOUVER, British Columbia, Nov. 20, 2025- MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FRANKFURT: 89N) is pleased to announce that veteran venture capitalist Andrew (“Andy”) Bowering has become a Special Advisor to MAX Power, joining its very active Advisory Board as MAX Power takes additional steps to build a gl ...

Core Insights - MAX Power Mining Corp. has appointed Andrew Bowering as a Special Advisor, enhancing its Advisory Board as the company aims to establish a global presence in the Natural Hydrogen sector [1][2][12] - Bowering brings over 30 years of experience in mineral exploration and development, having co-founded Millennial Lithium Corp. and played key roles in various successful transactions [3][12] - The company is executing Canada's first multi-well drill program dedicated to Natural Hydrogen, positioning itself as a leader in this emerging market [2][12] Company Developments - The Advisory Board, chaired by Brent Dunlop, includes experts in geological, engineering, distribution, and capital markets, providing a comprehensive support system for MAX Power's initiatives [4][8] - MAX Power is also advancing its Willcox Playa Lithium Project in Arizona, which is expected to complement its Natural Hydrogen efforts [6][12] - The company is preparing to provide updates on its Natural Hydrogen well drilling activities, with significant progress anticipated [13][16] Strategic Importance - Bowering's appointment is seen as crucial for navigating capital markets and structuring growth stories, which will benefit MAX Power's shareholders [5][12] - The combination of Bowering's expertise and the existing Advisory Board's knowledge strengthens the company's position in both Natural Hydrogen and lithium sectors [8][12] - MAX Power's focus on decarbonization and its substantial land position in Saskatchewan (approximately 1.3 million acres) underscores its commitment to becoming a key player in the Natural Hydrogen market [15][16]

Core Points - NexGold Mining Corp. is hosting a live virtual corporate update on November 10, 2025, at 2:00 pm ET, inviting shareholders and interested parties to register and participate in a Q&A session [1] - A replay of the webinar will be emailed to registrants and made available on the Red Cloud website [2] Company Overview - NexGold Mining Corp. is focused on gold mining with assets located in Canada and Alaska, including the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex in Northwestern Ontario [3] - The company also holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project in southeast Alaska and is committed to engaging with regional communities and Indigenous Nations [3] - Additional details, including feasibility studies for its projects, can be found on the company's issuer profile on SEDAR and its website [4] About Red Cloud Financial Services - Red Cloud Financial Services Inc. is a capital markets advisory firm specializing in the junior mining industry, offering a range of services including executive strategy and corporate access [5]

Core Points - NexGold Mining Corp. has received the Fisheries Act Authorizations (FAAs) for the Goldboro Gold Project, marking a significant step towards construction and operation [1][2] - The FAAs are the final federal authorizations required for the project, following the Industrial Approval received from the Nova Scotia government in August 2025 [1][3] - The company is committed to ongoing engagement with the Mi'kmaq of Nova Scotia, including opportunities for participation in offsetting projects [2] Summary by Sections Project Development - The FAAs outline stringent terms and conditions for the construction and operation of the Goldboro Gold Project [2] - The application for the FAAs was initially submitted in August 2023, with consultation processes active throughout 2024 and 2025 [2] Company Leadership - Kevin Bullock, President and CEO of NexGold, expressed satisfaction with the receipt of the FAAs, emphasizing the hard work of the NexGold team in achieving this milestone [3] Company Overview - NexGold is a gold-focused company with assets in Canada and Alaska, including the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex in Northwestern Ontario [4] - The company is dedicated to meaningful dialogue with regional communities and Indigenous Nations, aiming to create sustainable economic opportunities and enhance community well-being [4]