NeXGold Mining Corporation (QX) (NXGCF)

Posted on behalf of NexGold Mining Corp. -
On Red Cloud TV, President and CEO Kevin Bullock walked through how NEXG (TSXV: NEXG, OTCQX: NXGCF) plans to grow from a fully permitted Nova Scotia developer into a multi-asset Canadian gold producer, anchored by Goldboro and backed by the Goliath Gold Complex as the next project in the pipeline.

The sequence Bullock laid out is simple: build Goldboro first, then bring Goliath behind it, scaling toward mid-tier production over time. The backdrop helps. Gold is trading near US$4,200/oz right now, while both of NexGold's economic studies were modeled at far lower prices.

Goldboro is the first mine. It holds all major provincial and federal permits needed to advance toward a construction decision. Economics, modeled at US$1,600/oz gold: post-tax NPV(5%) of C$328M, 25.5% IRR, targeting roughly 100 koz/yr over 11+ years. The company anticipates completing the updated Feasibility Study by the end of Q3 2026, with a potential construction decision targeted for late Q3 2026. Early earthworks construction is tentatively scheduled for September 2026.

On financing, the build is backed by a US$24M royalty sale to Appian Capital (2.9%, with an option to repurchase part of it) and a previously announced non-binding US$175 million letter of intent with Appian Capital Advisory Limited for potential project financing. The updated Feasibility Study is the key input that feeds both the financing package and the board's construction decision.

Goliath is next in the pipeline. The Goliath Gold Complex in Ontario (Goliath, Goldlund, Miller deposits) is modeled at US$1,750/oz gold: post-tax NPV(5%) of C$336M, 25.4% IRR, targeting roughly 91 koz/yr over 13+ years. Recent Goldlund infill keeps the optimization case moving, including high-grade hits like GL-26-007 at 15.21 g/t gold over 20.1 m.

The picture: two advancing Canadian gold assets, around 2.4 Moz of combined reserves, and roughly 25% IRRs, both struck at gold prices well under today's level. With the updated Feasibility Study and a potential construction decision both pointed at late Q3 2026, Bullock laid out a clear set of near-term checkpoints. Clear the financing and the board sign-off, and Goldboro has the potential to move from permitted to under construction, the step that sets up the broader pipeline he described.

The full replay, including the Q&A, is on Red Cloud TV:

Posted on behalf of NexGold Mining Corp. (TSXV: NEXG, OTCQX: NXGCF) - Gold was sitting around US$4,352 an ounce on June 17, up about 29% from a year ago even after easing roughly 5% over the past month. In that kind of tape, the scarce thing isn't the metal. It's permitted, advancing Canadian developers that can actually turn it into ounces. NexGold has spent the last year clearing the non-technical risks that quietly sink mining projects, and yesterday it cleared another.

Yesterday's MOU: NexGold, Eagle Lake First Nation and Lac Seul First Nation signed a Memorandum of Understanding setting a framework for ongoing collaboration, relationship-building and negotiation related to the Goliath Gold Complex near Dryden, Ontario. That's a social-license step on the Ontario pipeline project, building the community foundation a future build needs.

On the flagship, Goldboro (Nova Scotia): fully permitted, and one of the rarer things in the sector, a shovel-ready Canadian gold project. The company intends to provide regular updates as it advances toward a potential construction decision, currently targeted for late Q3 2026.

Work in flight at Goldboro includes an updated Mineral Resource Estimate in support of an updated Feasibility Study, plus mine planning, procurement, engineering, early earthworks and recruitment. The Owner's Project Team has expanded to 17 members. A 30,000-metre infill program on the deposit is expected to continue into Q3 2026, with assays released as available.

The numbers behind both projects: Goldboro carries a post-tax NPV(5%) of C$328M, 25.5% IRR at US$1,600/oz gold, and roughly 100 koz/yr over 11+ years. Goliath carries a post-tax NPV(5%) of C$336M, 25.4% IRR at US$1,750/oz, and roughly 91 koz/yr over 13+ years. Combined gold reserves sit at approximately 2.4 million ounces. Worth noting those economics were modeled on conservative gold decks well below today's spot.

A permitted flagship inching toward a construction decision, a second project building its community footing, and a gold tape that makes advancing ounces valuable. That combination sets up a back half of 2026 with real catalysts to watch.

Full news here: https://nexgold.com/nexgold-mining-signs-memorandum-of-understanding-with-eagle-lake-first-nation-and-lac-seul-first-nation-on-goliath-gold-complex/

NexGold Mining (TSXV: NEXG) Advances Fully Permitted Goldboro Project Toward Construction Decision in Late Q3 2026

Posted on behalf of NexGold Mining Corp. - (TSXV: NEXG | OTCQX: NXGCF) continues to advance the fully permitted Goldboro Gold Project in Nova Scotia on schedule, with key engineering, permitting, procurement, exploration, and development milestones supporting a potential construction decision in late Q3 2026.

Over the past two months, the company has made significant progress toward an updated Feasibility Study, while simultaneously advancing detailed engineering and early site development activities.

Key developments include:

• Updated Feasibility Study remains on track for completion by the end of Q3 2026

• Advanced geological modelling incorporating 58,008m of additional drilling from 329 holes completed since the previous resource estimate

• Initiated an updated mine plan and substantially completed an autonomous haul study

• Advanced process plant engineering, infrastructure design, tailings management planning, and capital cost estimates

• Completed major geotechnical programs, including 66 geotechnical holes, 154 test pits, seismic surveys, and extensive groundwater investigations

• Issued RFPs for early earthworks, employee accommodations, and site services contracts, with earthworks construction tentatively targeted for September 2026

Goldboro remains one of Canada's few fully permitted, shovel-ready gold development projects, with all major provincial and federal approvals already secured.

Exploration activity is also accelerating:

• 30,000m reverse circulation infill drill program underway targeting the first years of planned production

• Regional airborne electromagnetic and gravity surveys covering more than 32,000 hectares designed to generate new exploration targets and refine district-scale geological understanding

At the same time, NexGold continues expanding its Owner's Project Team, strengthening project management, engineering, construction oversight, and operational readiness ahead of a potential build decision.

With permitting complete, engineering advancing, procurement underway, and exploration continuing to add value across the district, Goldboro remains the cornerstone of NexGold's strategy to become a multi-asset Canadian gold producer.

https://nexgold.com/

Posted on behalf of NexGold Mining Corp. — NEXG.v; NXGCF

NexGold Mining Corp. has officially signed a Memorandum of Understanding (MOU) with the Eagle Lake First Nation and Lac Seul First Nation regarding the Goliath Gold Complex near Dryden, Ontario.

This foundational agreement establishes a clear framework for ongoing collaboration as the project advances through environmental permitting, planning, and development.

It ensures that the First Nations' traditional knowledge, Anishinaabe laws, and environmental priorities are meaningfully incorporated into the project's lifecycle.

This collaborative approach guarantees that the project can move forward responsibly, delivering sustainable economic benefits while actively respecting the land and local communities.

See the NR here: https://nexgold.com/nexgold-mining-signs-memorandum-of-understanding-with-eagle-lake-first-nation-and-lac-seul-first-nation-on-goliath-gold-complex/

Posted on behalf of NexGold Mining Corp. — NEXG.v; NXGCF

NexGold Mining Corp. recently provided an update on the ongoing development of its 100%-owned and fully permitted Goldboro Gold Project in Nova Scotia, confirming that key pre-construction activities remain on track.

Following the release of this operational timeline, management highlighted that work is actively focused on an updated Mineral Resource Estimate to support an updated Feasibility Study, which is anticipated for completion by the end of Q3 2026.

Simultaneously, the company has progressed detailed engineering and procurement ahead of planned earthworks in September 2026, while launching a 30,000-meter reverse circulation infill drill program to target the first few years of planned production.

Looking ahead, the updated Feasibility Study will play a crucial role in advancing the company's previously announced US$175 million non-binding letter of intent for potential project financing.

See the full update here: https://nexgold.com/nexgold-advancing-key-development-activities-on-schedule-at-the-goldboro-gold-project-in-nova-scotia/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF

In a recent interview, NexGold Mining Corp. President and CEO Kevin Bullock sat down to discuss the company's strategic plan to become Canada's next mid-tier gold producer.

During the conversation, Bullock highlighted several key points driving the company's current momentum:

- Explains why the junior gold market is entering a critical transition point, noting that investors are beginning to move down from senior and mid-tier producers into the developer space.
- Breaking down NexGold's immediate roadmap for the fully permitted Goldboro project in Nova Scotia, touching on their established First Nation agreements and the expected timeline leading up to a formal construction decision.
- Discussing the Goliath Gold Complex in Ontario, emphasizing how it will serve as the next phase of the company's corporate growth strategy.

Looking ahead, Bullock emphasized the company's aggressive development timeline, explicitly targeting the end of 2028 to pour their first gold at Goldboro.

He closed by outlining NexGold's long-term objective to build a robust project pipeline that could ultimately grow toward 300,000 to 350,000 ounces of annual production.

See the full video here:

Posted on behalf of NexGold Mining Corp. — NEXG.v; NXGCF

NexGold Mining recently provided an update on the advancement of key development activities at its 100%-owned and fully permitted Goldboro Gold Project in Nova Scotia.

In the news release, they highlighted an updated Feasibility Study, community engagement, permitting updates, procurement, engineering and technical activities, exploration, and human resources.

Describing the unique nature of the asset, CEO Kevin Bullock commented, "Permitted, shovel-ready, Canadian gold projects like Goldboro are incredibly rare, and we understand not only how special this opportunity is, but also the importance of getting it right."

The company plans to provide regular updates as it steadily de-risks the project ahead of a potential construction decision targeted for late Q3 2026.

See the full release here: https://nexgold.com/nexgold-advancing-key-development-activities-on-schedule-at-the-goldboro-gold-project-in-nova-scotia/

Posted on behalf of NexGold Mining Corp. - (TSXV: NEXG | OTCQX: NXGCF) will participate in THE Mining Investment Event in Québec City from June 2–4, 2026, where management will host investor meetings and provide corporate updates. CFO Orin Baranowsky is scheduled to present on June 2 and will join the “Best Performing Companies of 2025/26” panel on June 4.

The conference appearance comes as NexGold continues to deliver strong drill results from the Goldlund Deposit at its Goliath Gold Complex in northwestern Ontario.

Recent Zone 4 Highlights:

• 15.21 g/t Au over 20.1 m, including 497.00 g/t Au over 0.5 m

• 5.11 g/t Au over 21.8 m, including 159.00 g/t Au over 0.5 m

• 4.51 g/t Au over 21.9 m, including 134.00 g/t Au over 0.6 m

With ~19,000 metres of a planned 25,000-metre program completed, drilling is focused on infill and expansion of open-pit Mineral Resources. Results continue to confirm grade continuity, down-dip extension, and potential for resource upgrades in Zone 4.

As Goldboro advances in Nova Scotia, Goldlund represents the next key development asset within NexGold’s pipeline. Ongoing drilling is reinforcing the scale, consistency, and long-term expansion potential of the broader Goliath Gold Complex.

NexGold enters the conference with operational momentum and a strengthening development narrative backed by high-grade, broad intercepts.

https://www.themininginvestmentevent.com/


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Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF

In its latest news release announcing drill results, NexGold detailed key structural and geological elements driving the expansion of Zone 4 at their Goldlund deposit.

The latest structural data will be used to refine the underlying geological model and evaluate future mineral resource classifications.

The team plans to drill additional targets along strike and down dip to unlock further resource expansion potential in Zone 4. Data from the ongoing program will be fed directly into upcoming mine planning and optimization studies for the broader Goliath Gold Complex.

Kevin Bullock, President and CEO, commented, “The drill program is ongoing, with more than 75% of the planned work completed, and we look forward to updating the market with additional results.”

View the full NR here: https://nexgold.com/nexgold-reports-additional-broad-high-grade-gold-drill-intercepts-at-goldlund-supporting-mineral-resource-continuity-and-expansion-potential/

Posted on behalf of NexGold Mining Corp. - NexGold Mining (NEXG.v NXGCF) recently reported additional high-grade gold drill results from the ongoing 25,000m diamond drilling program at the Goldlund Deposit within the Goliath Gold Complex in northwestern Ontario, where approximately 19,000m has been completed to support open pit Mineral Resource infill and expansion potential.

Results from 14 drill holes targeting Zone 4 mineralization included intercepts such as 15.21 g/t gold over 20.1m, 5.11 g/t gold over 21.8m, and 4.51 g/t gold over 21.9m, continuing to support mineralization continuity along strike and at depth.

CEO Kevin Bullock highlighted the strategic importance of the Goliath Gold Complex as a potential future development pipeline asset after the planned advancement of NEXG's Goldboro Gold Project in Nova Scotia. Full press release: https://nexgold.com/nexgold-reports-additional-broad-high-grade-gold-drill-intercepts-at-goldlund-supporting-mineral-resource-continuity-and-expansion-potential/

Posted on behalf of NexGold Mining Corp. - (TSXV: NEXG | OTCQX: NXGCF) continues to deliver broad, high-grade gold intercepts at the Goldlund Deposit, reinforcing mineral resource continuity and expansion potential within the Goliath Gold Complex in northwestern Ontario.

https://www.reddit.com/r/CanadaStocks/comments/1tnky3f/nexgold_hits_highgrade_gold_at_goldlund_497_gt/

Posted on behalf of NexGold Mining Corp. - NexGold Mining (NEXG.v NXGCF) recently reported additional high-grade gold drill results from the ongoing 25,000m drill program at the Goldlund Deposit within the Goliath Gold Complex in northwestern Ontario. Highlights from 14 drill holes in Zone 4 included 15.21 g/t gold over 20.1m, 5.11 g/t gold over 21.8m, and 4.51 g/t gold over 21.9m, supporting mineralized continuity near the base of the current open pit Mineral Resource and along strike toward the northeastern portion of the deposit. The results build on previously reported intercepts from February 2026 and are expected to contribute toward geological model refinement, mine planning, optimization studies, and potential future Mineral Resource classification upgrades at the Goldlund Deposit. Full news here: https://nexgold.com/nexgold-reports-additional-broad-high-grade-gold-drill-intercepts-at-goldlund-supporting-mineral-resource-continuity-and-expansion-potential/

Posted on behalf of NexGold Mining Corp. - (TSXV: NEXG | OTCQX: NXGCF) continues to deliver broad, high-grade gold intercepts at the Goldlund Deposit, reinforcing mineral resource continuity and expansion potential within the Goliath Gold Complex in northwestern Ontario.

With approximately 19,000 metres of a planned 25,000-metre program completed, the current drilling is focused on infill and potential expansion of open pit Mineral Resources in Zone 4.

Standout Intercepts

Recent results from 5,816 metres across 14 drill holes include:

• 15.21 g/t Au over 20.1 m, including 497.00 g/t Au over 0.5 m (GL-26-007)

• 5.11 g/t Au over 21.8 m, including 159.00 g/t Au over 0.5 m (GL-26-014)

• 4.51 g/t Au over 21.9 m, including 134.00 g/t Au over 0.6 m (GL-26-012)

• 2.12 g/t Au over 16.0 m, including 27.30 g/t Au over 1.0 m (GL-26-016)

• 1.34 g/t Au over 30.0 m, including multiple higher-grade sub-intervals (GL-26-011)

These results build directly on previously reported intercepts such as:

• 3.31 g/t Au over 20.0 m

• 7.59 g/t Au over 9.0 m

What It Means

Drilling in the northeastern portion of Zone 4 continues to confirm:

• Strong grade continuity along strike and down dip

• Mineralization extending toward the base of the current open pit resource

• Potential for Mineral Resource classification upgrades

• Additional expansion opportunities as drilling progresses

Mineralization is hosted within quartz stockwork veining in granodiorite sills and mineralized volcanic units — consistent with the established geological model.

Strategic Context

Goldlund is part of NexGold’s Goliath Gold Complex, a key pipeline asset expected to follow development at Goldboro in Nova Scotia. The company notes that results from the ongoing program are expected to support mine planning optimization and resource refinement studies.

With more than 75% of the program completed and drilling ongoing, NexGold continues to demonstrate that Zone 4 remains open and expandable — strengthening the long-term development case for the broader Goliath Gold Complex.

https://nexgold.com/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF

“The results to date at Goldlund are expected to contribute valuable data to support the potential upgrading of Mineral Resource classifications at the Goldlund Deposit and to inform ongoing mine planning and optimization studies." - NexGold President and CEO, Kevin Bullock commented.

This morning, NexGold Mining Corp. released another batch of positive drill results from the open-pit areas in the ongoing 25,000-metre diamond drilling program at the Goliath Gold Complex in northwestern Ontario.

Highlights from the latest 14 holes include:
- The drilling was successfully designed to infill and expand mineralization within Zone 4 of the Goldlund Deposit, specifically targeting depths approaching the base of the current open-pit Mineral Resource.
- The program returned exceptional grades over significant widths, highlighted by 15.21 g/t gold over 20.1 metres and 5.11 g/t gold over 21.8 metres.
- With the flagship Goldboro project in Nova Scotia now fully permitted, these strong open-pit results in Ontario further demonstrate NexGold's potential to establish a robust, multi-asset production profile.

View the full NR here: https://nexgold.com/nexgold-reports-additional-broad-high-grade-gold-drill-intercepts-at-goldlund-supporting-mineral-resource-continuity-and-expansion-potential/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF

NexGold Mining Corp. has released its financial and operating results for the first quarter of 2026, highlighting significant project advancement across its portfolio backed by a highly robust treasury.

Highlights from the first quarter include:
- Maintained a formidable balance sheet, ending the quarter with cash and short-term investments of $104.5 million.
- Aggressively advanced the Goldboro Gold Project toward a construction decision, including progressing the Feasibility Study update, geotechnical drilling, and initiating procurement for long-lead equipment.
- Commenced a 30,000-metre reverse circulation infill drill program at Goldboro to target the first few years of planned production.
- Continued the 25,000-metre infill program at the Goliath Gold Complex, yielding exceptional intercepts including 14.10 g/t gold over 6.0 metres and 9.30 g/t gold over 11.0 metres.

NexGold President and CEO, Kevin Bullock, commented on the quarter's execution: “The first quarter of 2026 was a strong start to the year for NexGold, as our team was successful in executing on our key strategic priorities at each project.

Looking ahead, we expect to build on these successes through steady advancement and consistent execution, as we lay a solid foundation for becoming Canada’s next mid-tier gold producer.”

View the full report here: https://nexgold.com/nexgold-reports-q1-2026-financial-and-operating-results/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF

Commenting on the latest results from the company's ongoing 25,000-metre drill program, NexGold CEO Kevin Bullock stated, "Our infill drill program at the Goliath Gold Complex continues to demonstrate good continuity of mineralization at depth within the Goldlund Deposit."

In the news release, the company outlined that these latest holes are successfully expanding and infilling mineralization within Zone 4 of the open pit.

The drilling yielded exceptional high-grade intercepts, highlighted by 14.10 g/t gold over 6.0 metres and 10.67 g/t gold over 7.0 metres.

The data from this program will be used to further optimize the complex and upgrade the categorization of the deeper Inferred Mineral Resources at Goldlund.

View the full news release here: https://nexgold.com/nexgold-intersects-14-10-g-t-gold-over-6-0-metres-2-99-g-t-gold-over-20-0-metres-and-10-67-g-t-gold-over-7-0-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF

“The discovery of satellite deposits could present opportunities to leverage planned mine and mill infrastructure at Goldboro and potentially support a longer-life, centralized milling operation.” - NexGold CEO Kevin Bullock

Just this morning, NexGold announced that they have initiated a 2,496-line kilometre helicopter airborne Versatile Time Domain Electromagnetic Survey Plus (“VTEMTM Plus”) survey and a 2,656-line kilometre FALCON® fixed-wing airborne gravity gradiometer survey over its 32,007 hectares (~320 km2) of prospective exploration land at the Goldboro Gold Project.

The surveys are expected to be completed in the second quarter of 2026 and are intended to support the development of additional exploration targets for follow-up regional exploration programs, as well as to further characterize the Goldboro Gold Deposit and its regional geological controls.

View the full NR here: https://nexgold.com/nexgold-initiates-vtem-and-falcon-gravity-airborne-geophysical-surveys-at-goldboro-and-announces-appointment-of-new-board-member/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF

This week NexGold released drill results from its ongoing 25,000-metre diamond drill program at the Goliath Gold Complex.
Focused on infilling Zone 4 of the Goldlund Deposit, the latest assays demonstrated excellent grade continuity and confirmed that the mineralized zone actively widens toward the southwest.

Standout highlights from the central and southwestern portions of the open pit included intercepts of 14.10 g/t gold over 6.0 metres, as well as 10.67 g/t gold over 7.0 metres deeper down in the exact same hole.

With 18,000 metres of the program now complete, these robust results provide the critical data needed to confidently upgrade deeper inferred resources.

President and CEO Kevin Bullock stated, "Our infill drill program at the Goliath Gold Complex continues to demonstrate good continuity of mineralization at depth within the Goldlund Deposit."

View the full NR here: https://nexgold.com/nexgold-intersects-14-10-g-t-gold-over-6-0-metres-2-99-g-t-gold-over-20-0-metres-and-10-67-g-t-gold-over-7-0-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of Nexgold Mining Corp. - NEXG.v; NXGCF At the start of April, Nexgold announced drill results from the Goldlund Deposit.

In the same news release, CEO Kevin Bullock also outlined future objectives for the program:
“Looking ahead, our objectives for this program are clear – upgrade the resource categorization at Goldlund and build Mineral Resource confidence at depths consistent with open pit mining.

To this effect, we are drilling this area of Inferred Mineral Resources at a spacing consistent with Indicated Mineral Resources at other areas of the deposit. I look forward to keeping the market updated on our progress as drilling continues.”

View the full NR here: https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NexGold Delivers Strong Gold Hits at Goldlund: 25.6m @ 1.79 g/t Au (incl. 10.5m @ 3.22 g/t) – Accelerating Toward Canada’s Next Mid-Tier Gold Producer

($NEXG.v | $NXGCF) is advancing a clear strategy to become Canada’s next mid-tier gold producer, supported by recent drill success and a defined production growth plan.

Following encouraging results from its 25,000m infill program at the Goldlund Deposit within the Goliath Gold NexGold, the company is accelerating resource expansion and optimization efforts.

Recent Goldlund Highlights (Zone 4)

• 25.6m @ 1.79 g/t Au

• 10.5m @ 3.22 g/t Au

Management reports that tighter-spaced drilling is demonstrating continuity at depth, consistent with open-pit geometry, with the primary objective of upgrading Inferred resources to the Indicated category.

Strategic Focus

• Upgrade resource confidence in Zone 4 through systematic infill drilling

• Refine the geological model to support optimization studies

• Expand mineralization along strike and down dip

• De-risk and enhance the broader Goliath Gold Complex

The Goliath Complex already outlines a 13-year mine life with average annual production exceeding 100,000 ounces.

Ongoing optimization and resource growth initiatives are designed to strengthen economics and extend scale.

Looking ahead, NexGold is targeting phased production growth by advancing Goldboro toward construction while expanding the Goliath resource base — outlining a pathway toward 300,000–350,000 ounces of annual production over time.

With active drilling, a strong treasury, and multiple development catalysts across two cornerstone assets, NexGold is executing a disciplined growth strategy aimed at closing the valuation gap with established mid-tier peers.

https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF After releasing encouraging drill results from its ongoing infill program at the Goldlund Deposit, NexGold plans to aggressively advance its resource expansion and optimization strategy across the broader Goliath Gold Complex.

Moving forward, the company's primary objective is to upgrade the resource categorization in Zone 4 from Inferred to Indicated by drilling at a tighter spacing.

This systematic approach is designed to immediately refine the geological model, build resource confidence at depths consistent with open-pit mining, and unlock further expansion potential along strike and down dip.

View the full NR here: https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF After recent drill results, NexGold Mining Corp. is aggressively advancing its strategy to become Canada's next mid-tier gold producer.

Looking forward, NexGold is targeting a highly lucrative, phased production growth trajectory. By advancing Goldboro to construction and successfully expanding the resource base at the Goliath Complex, the company has established a clear pathway to reach upwards of 300,000 to 350,000 ounces of annual gold production.

Key Highlights
- High Grade Goldlund Intercepts: Results from the ongoing 25,000-metre drill program at the Goldlund deposit returned strong gold mineralization in Zone 4, highlighted by 1.79 g/t gold over 25.6 metres and 3.22 g/t gold over 10.5 metres.
- Resource Upgrades and Expansion: CEO Kevin Bullock noted that the infill drilling is successfully demonstrating continuity at deeper levels of the open pit, with the clear objective of upgrading Inferred Mineral Resources to the Indicated category.
- Advancing the Goliath Complex: The Goldlund drilling feeds directly into the optimization and de-risking of the broader Goliath Gold Complex, a multi-deposit property that already boasts a 13-year mine life and an average annual production profile of over 100,000 ounces.

With a strong treasury and multiple near-term catalysts, NexGold is exceptionally well-positioned to close the valuation gap with its mid-tier peers.

View the full NR here: https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NexGold Mining Corp. (NEXG.v NXGCF) recently shared more drill results from the Goldlund Deposit within its Goliath Gold Complex, including 1.79 g/t gold over 25.6m, 3.22 g/t gold over 10.5m, and 1.49 g/t gold over 11.0m. These results confirm previous intersections and demonstrate continuity of mineralization at deeper levels of open pit Mineral Resources. Looking ahead, NEXG aims to upgrade the resource categorization at Goldlund and build Mineral Resource confidence at depths consistent with open pit mining. Full news here: https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF Recently, NexGold released a short video where CEO Kevin Bullock outlined the company's clear strategy to build the next mid-tier gold mining company.

The company is aggressively progressing a portfolio of high-quality Canadian gold assets, anchored by the Goldboro Gold Project in Nova Scotia and the Goliath Gold Complex in Ontario, which together boast 7 million ounces of resource.

With major federal and provincial permits in hand and established First Nations agreements, Goldboro stands out as one of the only fully permitted, shovel-ready gold development projects in Canada not yet in construction.

Moving forward, NexGold is finalizing its financing plans and awaiting a final investment decision from the board to initiate construction. Backed by an experienced owner's team with a proven track record of mine builds, the company is exceptionally well-positioned to execute its disciplined strategy and reach its ultimate target of becoming a 400,000 to 600,000-ounce producer.

View the full clip here:

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF Earlier this month NexGold announced intersects of 1.79 g/t gold over 25.6 Metres at the Goldlund Deposit, Ontario.

Looking forward, Kevin Bullock, President and CEO of NexGold, commented: “Our infill drill program at Goldlund continues to support the Company’s ongoing efforts to optimize the Goliath Gold Complex.

The drill results reported today demonstrate continuity of Zone 4 mineralization at deeper levels of open pit Mineral Resources. I am encouraged by these results, along with those previously reported from this area, which continue to demonstrate a strong tenor of gold mineralization over a 100-metre dip extent, and remain open at depth.

Looking ahead, our objectives for this program are clear – upgrade the resource categorization at Goldlund and build Mineral Resource confidence at depths consistent with open pit mining. To this effect, we are drilling this area of Inferred Mineral Resources at a spacing consistent with Indicated Mineral Resources at other areas of the deposit. I look forward to keeping the market updated on our progress as drilling continues.”

View the full NR here: https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NexGold Hits Consistent 1.79 g/t Au Over 25.6m at Goldlund Deposit – Still Open at Depth

NexGold Mining Corp. continues to strengthen the growth profile of its Goliath Gold Complex, reporting new drill results that reinforce continuity and expansion potential at the Goldlund Deposit in Ontario.

https://www.reddit.com/r/Penny_Stocks_Canada/comments/1sng2t0/nexgold_hits_consistent_179_gt_au_over_256m_at/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF In their previous news release, NexGold discussed the impressive new infill drill intercepts from Zone 4 of the Goldlund Deposit.

In that same news release they also provided critical updates on the geological model and corporate developments that are actively driving the project forward.

Key Highlights
- Geological Insights: Mineralization at the Goldlund Deposit is generally characterized by quartz stockwork veining within sub-vertical granodiorite sills. Zone 4 specifically features broad intervals of mineralized intermediate-mafic volcanic rocks with multiple porphyry and granodiorite intrusions.
- Resource Upgrade Potential: The primary objective of this current drill spacing is to build Mineral Resource confidence at depths consistent with open pit mining, with the goal of upgrading the resource categorization from Inferred to Indicated.
- Investor Relations: The company also confirmed a six-month, $60,000 upfront agreement with Capital Analytica for ongoing investor relations and communication services.

By combining consistent drilling success with strategic corporate management and geological refinement, NexGold is continuing its efforts to optimize the broader Goliath Gold Complex.

Full NR here: https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF This morning, NexGold provided additional results from the ongoing diamond drilling program at the Company’s Goliath Gold Complex, which includes the Goliath, Goldlund, and Miller Deposits.

The drill program, which comprises up to 25,000 metres, is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit Mineral Resources.

Drilling Highlights:
- 1.79 g/t gold over 25.6 metres (from 215.0 to 240.6 metres), including 13.70 g/t gold over 1.0 metres and 6.59 g/t gold over 1.0 metres in drill hole GL-25-015;
- 3.22 g/t gold over 10.5 metres (from 100.0 to 110.5 metres), including 25.90 g/t gold over 0.8 metres and 10.60 g/t gold over 0.6 metres in drill hole GL-25-016; and
- 1.49 g/t gold over 11.0 metres (from 163.0 to 174.0 metres), including 5.26 g/t gold over 1.0 metres and 4.53 g/t gold over 1.0 metres in drill hole GL-26-009.

Kevin Bullock, President and CEO of NexGold, commented: “Our infill drill program at Goldlund continues to support the Company’s ongoing efforts to optimize the Goliath Gold Complex. The drill results reported today demonstrate continuity of Zone 4 mineralization at deeper levels of open pit Mineral Resources…”

Full NR here: https://nexgold.com/nexgold-intersects-1-79-g-t-gold-over-25-6-metres-at-the-goldlund-deposit-ontario/

Posted on behalf of NexGold Mining Corp. - NEXG.v - NXGCF Following the recent announcement of a 30,000-metre infill drill program at the Goldboro Project, NexGold Mining's updated corporate presentation makes the company's 2026 roadmap exceptionally clear.

This massive data integration is a critical step needed to upgrade the Mineral Resource model and anchor the upcoming update to the Goldboro Feasibility Study.

As outlined in their latest slideshow, NexGold is actively positioning itself to become Canada's next mid-tier gold producer, targeting over 100,000 ounces of annual gold production at the site.

By utilizing this high-density drill data to refresh capital and operating cost assumptions, the company is systematically de-risking the asset. Ultimately, these value-adding activities are setting the stage for advanced engineering and a highly anticipated construction decision later this year.

Full NR here: https://nexgold.com/nexgold-initiates-30000-metre-infill-drill-program-at-the-goldboro-gold-project-in-nova-scotia/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF Last week, NexGold announced the initiation of a 30,000-metre Reverse Circulation infill drill program at their Goldboro Project in Nova Scotia.

In the same news release, the company also detailed several other major technical and corporate initiatives currently driving the project forward.

Key points include the feasibility study update, data integration, and the renewal of an agreement with Capital Analytica.

By integrating this extensive historical data and updating key economic assumptions, NexGold is actively refining the Goldboro Mineral Resource model to add greater certainty and confidence as the company works toward an investment decision later this year.

Full NR here: https://nexgold.com/nexgold-initiates-30000-metre-infill-drill-program-at-the-goldboro-gold-project-in-nova-scotia/

Posted on Behalf of NexGold Mining Corp. - Targeting near-surface areas planned for the early years of production, NexGold Mining (NEXG.v NXGCF) commenced a 30,000m reverse circulation (RC) infill drill program at its Goldboro Project in Nova Scotia: https://nexgold.com/nexgold-initiates-30000-metre-infill-drill-program-at-the-goldboro-gold-project-in-nova-scotia/

The program is designed to increase data density, improve confidence in the resource model, and support upgrading portions of the resource from Indicated to Measured ahead of a potential construction decision later this year.

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF This morning, NEXG announced they have commenced a detailed Reverse Circulation infill drill program at the Company’s Goldboro Project in Nova Scotia.

Kevin Bullock, President and CEO, commented: “The Company continues to advance and de-risk the Goldboro Project as we move toward an investment decision later this year.

The recently launched 30,000-metre infill drill program focuses primarily on areas of the Mineral Resource that are expected to be mined in the early years of production and is intended to support the refinement of the Mineral Resource model following the update to the Feasibility Study, adding greater certainty and confidence in the Mineral Resource.”

The RC Infill Drill Program is expected to continue into Q3 of 2026, with assay results received and disclosed as they become available, subject to ongoing drilling progress, laboratory turnaround times and other factors.

Full NR here: https://nexgold.com/nexgold-initiates-30000-metre-infill-drill-program-at-the-goldboro-gold-project-in-nova-scotia/

Posted on behalf of NexGold Mining Corp. Foundation assets:

• ~7Moz combined gold resource

• Goldboro: one of only two fully permitted, non-construction gold projects in Canada

• Goliath: complementary development asset supporting long-term pipeline

Development strategy:

• Build sequentially toward 400,000–600,000 oz/year production

• Goldboro positioned as shovel-ready following First Nations agreement

• Advancing toward financing + final investment decision

Execution focus:

• Leadership with multiple mine builds completed

• Assembling an experienced owner’s team to execute in tighter capital markets

With permitted assets, scale, and proven leadership, NexGold is positioning to transition from developer to multi-asset gold producer.

https://www.reddit.com/r/CanadaStocks/comments/1s3jqib/from_developer_to_producer_nexgold_nexg_targets/

Posted on behalf of NexGold Mining Corp. -From Developer to Producer: NexGold (NEXG) Targets 400K–600K oz/year with Permitted Goldboro & Goliath

NexGold Mining Corp. (TSXV: NEXG | OTCQX: NXGCF) is advancing a clear path to mid-tier gold production, anchored by two cornerstone assets: Goldboro (Nova Scotia) and Goliath (Ontario).

https://www.reddit.com/r/PennyStocksCanada/comments/1s1u9d6/from_developer_to_producer_nexgold_nexg_targets/

Posted on behalf of NexMetals Mining Corp. – Today, NexMetals (NEXM.v NEXM) reported assay results from the remaining 28 holes of its 34-hole resampling and infill program at the past-producing Selkirk Cu-Ni-Co-PGE project in Botswana, confirming wide zones of mineralization within the conceptual pit shell while also identifying new high-grade footwall potential: https://nexmetalsmining.com/investors/news-releases/nexmetals-reports-180-8-metres-of-1-31-cueq-from-selkirk-resampling-program-and-engages-ir-advisory-firm/

The program included a key resource gap hole alongside resampling of historical holes, with results demonstrating strong continuity and extending mineralization beyond the current 2024 MRE. All assay results will be incorporated into an updated Mineral Resource Estimate expected in Q2 2026, while high-grade footwall mineralization is emerging as a new exploration target for follow-up drilling and additional upside.

Posted on behalf of NexGold Mining Corp. - NexGold (NEXG.V | NXGCF) Targets 200-350koz/Year with Debt-Free Balance Sheet, >C$100M Cash + Permits Secured – 2026 Construction Catalyst ahead.

NexGold Mining Corp. (TSXV: NEXG | OTCQX: NXGCF) continues to advance development at its Goliath Gold Complex (Ontario) and Goldboro Project (Nova Scotia), positioning the company for the next stage of growth as a potential Canadian mid-tier gold producer.

https://www.reddit.com/r/InvestingCanada/comments/1ryeh7h/nexgold_nexgv_nxgcf_targets_200350kozyear_with/

Posted on behalf of NexGold Mining Corp. NEXG.v; NXGCF - Looking back at the VRIC in January, NexGold reaffirmed its path toward becoming a Canadian mid-tier producer by focusing on a sequential, "one-at-a-time" development strategy for its 5-million-ounce resource base.

The video features CFO Orin Baranowsky going through their investor presentation and explaining some key catalysts and details of the projects.

Mr. Baranowsky mentions that, "Fully permitted projects in Canada are very rare… we have the financial capability to take us through construction and into operations."

Since then, NEXG has reported Intersections of 9.30 g/t Gold Over 11.0 Metres and 2.31 g/t Gold Over 21.5 Metres at the Goldlund Deposit in Ontario

Watch the full update:

Posted on behalf of NexGold Mining Corp. - Last month NexGold Mining Corp. (NEXG.v NXGCF) announced additional results from the recently-announced diamond drilling program, which comprises up to 25,000 metres at the Goliath Gold Complex.

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 release include 1,883 metres of diamond drilling in five drill holes (GL-25-009 to GL-25-011, GL-25-013 and GL-25-014) that specifically infill mineralization areas located within, or near the base of, the open pit Mineral Resource and generally within the current Inferred category within Zone 4 mineralization.

More here: https://nexgold.com/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/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF As NexGold continues to advance its development plans for both the Goliath Gold Complex and the Goldboro Project, it has outlined several key takeaways that position the company as Canada’s next mid-tier gold producer.

Looking forward, the company has established a well-defined trajectory for production growth:
- Near-Term Target: There is a clear pathway to producing 200,000 oz Au/year from both assets.
- Organic Potential: Through ongoing optimization, the company has the potential to reach 350,000 oz Au/year organically.

NexGold maintains a strong financial position to support these development milestones:
- Liquidity: The company is debt-free with a cash position exceeding C$100M.
- Project Funding: A US$175M project financing Letter of Intent (LOI) is in place, providing a clear path forward for Goldboro.

Full Presentation here: https://nexgold.com/wp-content/uploads/2026/02/NEXG-Corporate-Presentation-Feb-2026_New-Preso_vFinal-1.pdf

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF In their 2026 development plans, NexGold is working to optimize, de-risk, and advance the Goliath Gold Complex.

With Goldboro moving to a construction decision in 2026, NexGold has taken the decision to assess various alternatives for the project that yields the optimum plan and configuration for a future operation.

With a district scale land package in an established Canadian gold camp, World-class infrastructure and talent, environmental approval, and exploration potential, NexGold is hoping to become Canada’s next mid-tier gold producer.

View their full presentation here: https://nexgold.com/wp-content/uploads/2026/02/NEXG-Corporate-Presentation-Feb-2026_New-Preso_vFinal-1.pdf

Posted on behalf of NexGold Mining Corp. NEXG.v; NXGCF — NexGold Mining is accelerating the development of its flagship Goldboro Gold Project in Nova Scotia, targeting a definitive construction decision in 2026.

As Atlantic Canada's highest-grade undeveloped open-pit project, Goldboro is being advanced through a disciplined, phased approach designed to maximize capital efficiency and early cash flow.

The updated strategy emphasizes a disciplined, phased development approach.

Phase 1 focuses exclusively on surface mining to provide immediate cash flow, which will then fund the Phase 2 underground expansion starting in Year 6.

Full Investor Presentation here: https://nexgold.com/wp-content/uploads/2026/02/NEXG-Corporate-Presentation-Feb-2026_New-Preso_vFinal-1.pdf

Posted on behalf of NexGold Mining Corp. NEXG.v; NXGCF — NexGold Mining is advancing the Goliath Gold Complex (GGC), one of Canada’s most significant gold consolidation stories.

By combining the Goliath, Goldlund, and Miller deposits, the company has created a multi-million-ounce district with a clear path to becoming a top-tier Canadian producer.

President & CEO, Kevin Bullock commented, "With over 4 million ounces in a premier jurisdiction, NexGold offers investors rare exposure to a de-risked, shovel-ready project with massive exploration upside".

The project is highly de-risked with a completed Federal Environmental Assessment and a 2023 PFS outlining an average annual production of 128,000 ounces over a 13-year mine life.

Full Presentation here: https://nexgold.com/wp-content/uploads/2026/02/NEXG-Corporate-Presentation-Feb-2026_New-Preso_vFinal-1.pdf

Posted on behalf of NexGold Mining Corp. -NexGold Confirms Strong Vein Continuity with 64 g/t & Wide Zones – 25,000m Program at the Goliath Gold Complex.

Nexgold Minning Corp (TSXV: NEXG | OTCQX: NXGCF) continues to strengthen the case for deeper open-pit and potential underground upside at the Goldlund Deposit, part of the Goliath Gold Complex in Ontario.

Key intercepts include:

• GL-25-010: 9.30 g/t Au over 11.0m (232.0–243.0m), incl. 64.10 g/t over 0.9m and 39.70 g/t over 1.0m

• GL-25-011: 2.31 g/t Au over 21.5m (238.6–260.1m), incl. 30.10 g/t over 0.7m

• GL-25-009: 1.18 g/t Au over 33.5m (183.5–217.0m), plus 62.30 g/t over 1.0m

• GL-25-013: 2.34 g/t Au over 10.2m (199.3–209.5m)

• GL-25-014: 1.03 g/t Au over 16.5m (350.5–367.0m), plus 28.9 g/t over 1.5m

https://www.reddit.com/r/Wealthsimple_Penny/comments/1riis6g/nexgold_confirms_strong_vein_continuity_with_64/

Posted on behalf of NexGold Mining Corp. - NexGold Confirms Strong Vein Continuity with 64 g/t & Wide Zones – 25,000m Program at the Goliath Gold Complex.

Nexgold Minning Corp (TSXV: NEXG | OTCQX: NXGCF) continues to strengthen the case for deeper open-pit and potential underground upside at the Goldlund Deposit, part of the Goliath Gold Complex in Ontario.

https://www.reddit.com/r/Wealthsimple_Penny/comments/1riis6g/nexgold_confirms_strong_vein_continuity_with_64/

Posted on behalf of NexGold Mining Corp. - Today, NexGold Mining Corp. (NEXG.v NXGCF) reported additional infill drill results from the Goldlund Deposit at its Goliath Gold Complex in Ontario, including 9.30 g/t Au over 11m and 2.31 g/t Au over 21.5m. Results support grade continuity and are expected to help upgrade Mineral Resource confidence in future estimates. Full news here: https://nexgold.com/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/

Posted on behalf of NexGold Mining Corp. - NEXG.v; NXGCF This morning, NEXG provided 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.

Kevin Bullock, President and CEO of NexGold, commented: “These additional drill results from the infill drill program at Goldlund demonstrate a strong tenor of gold mineralization at deeper levels of a planned open pit for the Goldlund Deposit and strengthen our belief that mineralization does have strong continuity at depth…

As we continue to drill at the deeper levels of the open pit mineral resource, we are also gathering information to test the continuity of mineralization—especially high-grade mineralization—at depths consistent with underground mining.

To date, mineralization remains open along strike and at depth, which provides opportunity for follow up targets and potential expansion of the mineral resource in these areas in the future.”

Full NR here: https://nexgold.com/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/

Posted on behalf of NexGold Mining Corp. NEXG.v; NXGCF — In a featured update for the 2026 TSX Venture 50, President and CEO Kevin Bullock discusses NexGold Mining Corp.’s strategic growth plan and the upcoming milestones for its Canadian gold projects. The company has positioned itself to transition from developer to producer by advancing a pipeline of high-quality assets.

President and CEO, Kevin Bullock commented, "Our company was formed to take advantage of a growing gold price to become the next mid-tier mining company by building, owning, and operating smaller projects building them one after another in a pipeline of projects."

Full Video here:

Posted on behalf of Nexgolf Mining Corp. - At VRIC this past month, NEXG.v; NXGCF outlined its sequential development strategy to transition into a Canadian mid-tier producer. The company is currently prioritizing the development of its Goldboro Gold Project in Nova Scotia, which is described as "shovel-ready" following the receipt of all major federal and provincial permits. NexGold holds over $100 million in cash as of late 2025 and has secured a US$175 million project financing letter of intent to fund its initial construction phase.

CFO Orin Baranowsky mentioned, "We think we're funded and we don't foresee the need to do any further equity raises for the company to take us to build both Goldboro and Goliath."

Full video here:

Posted on behalf of NexGold Mining Corp. NEXG.v; NXGCF - NexGold Mining Corp. has provided initial results from its 25,000-metre diamond drilling program at the Goliath Gold Complex, which includes the Goliath, Goldlund, and Miller deposits. The current results cover 2,490 metres across eight drill holes at the Goldlund Deposit, specifically targeting the infill of Zone 4 and testing down-dip continuity.

President and CEO, Kevin Bullock commented, "The drilling at the deposit provides a greater level of certainty in the deeper areas of the planned open pit, which will be used to support our efforts to optimize the Goliath Gold Complex. We are also excited by the results that confirm the continuity of known, near surface mineralization to the deeper areas of the proposed pit."

The drilling confirmed that mineralization in Zone 4 remains open along strike and down dip. These results will be used to improve the geological model and are intended to upgrade mineral resource confidence in future estimates.

Full NR here: https://nexgold.com/nexgold-intersects-3-31-g-t-gold-over-20-0-metres-at-the-goldlund-deposit-and-announces-change-in-board-of-directors/

Posted on behalf of Nexgold Mining Corp. NEXG.v; NEXGF - In a recent interview President and CEO Kevin Bullock, joined Nordic Funds & Mines to discuss the company’s strategy to build the next Canadian mid-tier gold producer through a disciplined, multi-asset development model.

Bullock outlines NexGold’s vision of advancing and operating a pipeline of smaller, high-quality gold mines, each targeting approximately 100,000 ounces of annual production with sub-US$400 million capex.

The discussion focuses on NexGold’s near-term development strategy, highlighting the Goldboro project in Nova Scotia as the lead asset due to its advanced permitting status, completed infill drilling, and signed First Nations agreements. Bullock contrasts this with the Goliath project in Ontario, which will be optimized and advanced while Goldboro moves into construction, positioning NexGold to generate cash flow first and then reinvest internally to grow into a mid-tier producer.

Full Interview here: