From GlobeNewswire: 2025-06-19 07:00:00

NexGold Mining Corp. is updating on its 25,000-meter diamond drill program at the Goldboro Gold Project in Nova Scotia. The program aims to improve geological and grade continuity, potentially upgrading certain areas of Mineral Resources. Assay results from 11 drill holes show gold mineralization consistency, with some intervals containing high-grade gold. The program will inform a planned Mineral Resource update and Feasibility Study.

The ongoing diamond drill program by NexGold Mining Corp. in Nova Scotia has yielded positive results, with 11 drill holes showing consistent gold mineralization. The results will contribute to a planned Mineral Resource update and Feasibility Study. The program has confirmed the presence of mineralization in under-drilled areas and near historical drilling sites.

NexGold Mining Corp. is nearing completion of its 25,000-meter diamond drill program in Nova Scotia. The program has shown consistent gold mineralization in the proposed west pit area. The drill results will inform a planned Mineral Resource estimate in the second half of 2025. The company is also awaiting a final decision on Industrial Approval for the Goldboro Gold Project.

Kevin Bullock, President and CEO of NexGold, expressed optimism about the ongoing drill program in Nova Scotia. The program has revealed additional gold mineralization and is expected to enhance the planned Mineral Resource update and Feasibility Study. The Company is aligning its technical studies with the permitting process to facilitate a construction decision in 2026.



Read more at GlobeNewswire: NexGold Infill Drilling Intersects 1.60 g/t Gold Over 36.80