NexGold intercepts 12.06 g/t Au over 6.0 m and 3.84 g/t Au over 18.0 m at Goldboro

TORONTO, July 09, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp.  ( TSXV: NEXG; OTCQX: NXGCF) (“ NexGold ” or the “ Company ”) is pleased to report additional assay results from its ongoing Reverse Circulation (“ RC ”) infill drill program (the “ RC Infill Drill Program ”) at the Company’s Goldboro Gold Project (“ Goldboro ” or the “ Goldboro Project ”) in Nova Scotia. Based on the success of the program to date and the potential to further enhance confidence in near-surface mineralization, the Company has elected to expand the RC Infill Drill Program from approximately 30,000 metres to 40,000 metres. The RC Infill Drill Program is focused on selected areas of the Goldboro Deposit and is designed to infill specific areas of the Goldboro Mineral Resource within the West and East pits at a nominal drill spacing of 12.5 metres and down to depths of 50 metres ( Figures 1 and 2 ).

Kevin Bullock, President, CEO & Director of NexGold, commented: “I am encouraged by the results generated to date from our RC Infill Drill Program at Goldboro. The drilling continues to confirm the continuity, tenor and thickness of near-surface mineralization within the proposed West pit area at a higher level of detail. The program is also providing additional geological and grade information in areas that are currently contemplated in the early years of the Goldboro mine plan.

Given the success of the program to date, combined with the proceeds from our recently-completed C$10 million flow-through financing, we have elected to expand the RC Infill Drill Program to further evaluate and better define near-surface mineralization within the West and East pits. “The information generated through this program is expected to support ongoing geological modelling, Minera