Announcement • May 08
NeXGold Mining Corp. Intersects Gold At Goldlund Deposit in Ontario NexGold Mining Corp. has 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, of which approximately 18,000 metres have been completed of the planned 25,000 metres, 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 3,663 metres of diamond drilling in nine drill holes (GL-25-012, GL-25-017 to GL-25-019, and GL-26-001 to GL-26-005). Mineralization at the Goldlund Deposit is generally characterized by quartz stockwork veining within sub-vertical granodiorite sills. Zone 4 at the Goldlund Deposit includes broad intervals of mineralized intermediate-mafic volcanic rocks with multiple porphyry and granodiorite intrusions. The drill results summarized in this news release, together with previously announced drill results, provide additional support and information relevant to the interpretation of grade continuity within Zone 4. These results are expected to contribute to ongoing refinement of the geological model and may support future evaluation of Mineral Resource classification, subject to additional drilling, data verification, and completion of further technical studies. Drill holes designed throughout this program have been distributed across the strike of Zone 4 with holes highlighted in this release located in the central to southwest end of the zone. These new holes are near previously reported drill holes GL-25-009 and GL-25-014, which intersected 2.31 g/t gold over 21.5 metres and 2.34 g/t gold over 10.2 metres, respectively. It has been observed that Zone 4 widens toward the southwest and has a tendency for mineralized features to be spread over a wider intersection. Gold intersected in these holes further demonstrates the continuity of mineralization and the potential for Mineral Resource expansion in Zone 4 as additional targets are drilled along strike and down dip. Reported intervals are drilled core lengths and do not indicate true widths. True widths vary from 50 to 75% of the interval length. For duplicate samples, the original sample assays are used to calculate the intersection grade. All grades are uncapped. Table 2: Locations and orientations of drill holes in the news release: GL-25-012 Easting 546956 Northing 5527791 Elevation 412 Length 450 Azimuth 128 Inclination -50; GL-25-017 Easting 547008 Northing 5527782 Elevation 420 Length 351 Azimuth 128 Inclination -46; GL-25-018 Easting 546699 Northing 5527637 Elevation 413 Length 402 Azimuth 135 Inclination -49; GL-25-019 Easting 546699 Northing 5527637 Elevation 413 Length 501 Azimuth 118 Inclination -53; GL-26-001 Easting 546966 Northing 5527740 Elevation 424 Length 351 Azimuth 127 Inclination -48; GL-26-002 Easting 546699 Northing 5527637 Elevation 413 Length 450 Azimuth 122 Inclination -52; GL-26-003A Easting 546886 Northing 5527677 Elevation 420 Length 276 Azimuth 125 Inclination -47; GL-26-004 Easting 546907 Northing 5527711 Elevation 424 Length 351 Azimuth 123 Inclination -50; GL-26-005 Easting 546736 Northing 5527804 Elevation 412 Length 531 Azimuth 130 Inclination -45. Drill hole locations reported as Universal Transverse Mercator NAD83 Zone 15N coordinates. The Company has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the CIM Exploration Best Practices Guidelines. The drill core is sawed in half with one-half of the core sample dispatched to Activation Laboratories Ltd. facility located in Dryden, Ontario. The other half of the core is retained for future assay verification and/or metallurgical testing. Other QA/QC procedures include the insertion of blanks and Canadian Reference Standards for every tenth sample in the sample stream. A quarter core duplicate is assayed every 20th sample. The laboratory has its own QA/QC protocols, running standards and blanks with duplicate samples in each batch stream. Additional checks are routinely run on anomalous values including gravimetric analysis and pulp metallic screen fire assays. Gold analysis is conducted by lead collection, fire assay with atomic absorption, and/or gravimetric finish on a 50-gram sample. Check assays are conducted at a secondary ISO certified laboratory (in this case AGAT Laboratories located in Mississauga, Ontario) following the completion of a program. Announcement • Apr 15
NeXGold Mining Corp., Annual General Meeting, Jun 24, 2026 NeXGold Mining Corp., Annual General Meeting, Jun 24, 2026. Announcement • Apr 11
NeXGold Mining Corp. Reports Drilling Results At Goldlund Deposit NeXGold Mining Corp. had 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. The results presented in this news release include 777 metres of diamond drilling in three drill holes (GL-25-015, GL-25-016, and GL-26-009) that infill and expand mineralization in Zone 4 of the Goldlund Deposit and specifically within Inferred Resources located at the northeast end of the open pit Mineral Resource. Selected drill intersections from diamond drill holes at the Goldlund Deposit in this news release are further detailed in Table 1 and include: 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. These drill results are in the same general area of Zone 4 mineralization where previously reported drill intersections were announced and confirm those previous intersections over an approximate 100-metre dip extent. Previously reported highlights from this area include: 2.31 g/t gold over 21.5 metres (from 238.6 to 260.1 metres), including 30.10 g/t gold over 0.7 metres, 24.5 g/t gold over 0.5 metres and 7.64 g/t gold over 0.9 metres in drill hole GL-25-011; and 2.34 g/t gold over 10.2 metres (from 199.3 to 209.5 metres), including 15.80 g/t gold over 0.7 metres and 5.08 g/t gold over 0.8 metres in drill hole GL-25-013. Mineralization at the Goldlund Deposit is generally characterized by quartz stockwork veining within sub-vertical granodiorite sills. Zone 4 at the Goldlund Deposit includes broad intervals of mineralized intermediate-mafic volcanic rocks with multiple porphyry and granodiorite intrusions. The drill results summarized in this news release, together with previously announced drill results, provide additional support and information relevant to the interpretation of grade continuity within Zone 4. These results are expected to contribute to ongoing refinement of the geological model and may support future evaluation of Mineral Resource classification, subject to additional drilling, data verification, and completion of further technical studies. Drill holes designed throughout this program have been distributed across the strike of Zone 4 with GL-25-015, GL-25-016, and GL-26-009 located toward the northeast end of the zone. These new holes are near previously reported drill holes GL-25-011 and GL-25-013, which intersected 2.31 g/t gold over 21.5 metres and 2.34 g/t gold over 10.2 metres, respectively. Gold intersected in these holes further demonstrates the continuity of mineralization and the potential for resource expansion in Zone 4 as additional targets are drilled along strike and down dip. Table 1: Highlighted drill intercepts from drill holes in this news release: Drill Hole ID Target/Zone From (m) To (m) Interval (m) Au g/t GL-25-015 Zone 4 215.0 240.6 25.6 1.79 Including 227.0 228.0 1.0 13.70 and including 237.0 238.0 1.0 6.59 GL-25-016 Zone 4 100.0 110.5 10.5 3.22 Including 101.2 102.0 0.8 25.90 and including 108.9 109.5 0.6 10.60 GL-25-016 Zone 4 167.0 168.5 1.5 14.57 Including 168.0 168.5 0.5 34.30 GL-26-009 Zone 4 144.0 146.0 2.0 4.45 Including 145.0 146.0 1.0 6.85 GL-26-009 Zone 4 163.0 174.0 11.0 1.49 Including 167.0 168.0 1.0 5.26 and including 173.0 174.0 1.0 4.53 GL-26-009 185.0 192.9 7.9 1.16 Including 186.0 187.0 1.0 4.40 Notes: 1) Reported intervals are drilled core lengths and do not indicate true widths. True widths vary from 50 to 75% of the interval length. 2) For duplicate samples, the original sample assays are used to calculate the intersection grade. All grades are uncapped. Table 2: Locations and orientations of drill holes in the news release: Drill Hole ID Easting Northing Elevation (m) Length (m) Azimuth Inclination GL-25-015 547314 5527876 419 324 123 -47 GL-25-016 547447 5527853 426 201 121 -48 GL-26-009 547345 5527843 417 252 121 -46 Note: Drill hole locations reported as Universal Transverse Mercator NAD83 Zone 15N coordinates. The Company has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the CIM Exploration Best Practices Guidelines. The drill core is sawed in half with one-half of the core sample dispatched to Activation Laboratories Ltd. facility located in Dryden, Ontario. The other half of the core is retained for future assay verification and/or metallurgical testing. Other QA/QC procedures include the insertion of blanks and Canadian Reference Standards for every tenth sample in the sample stream. A quarter core duplicate is assayed every 20th sample. The laboratory has its own QA/QC protocols, running standards and blanks with duplicate samples in each batch stream. Additional checks are routinely run on anomalous values including gravimetric analysis and pulp metallic screen fire assays. Gold analysis is conducted by lead collection, fire assay with atomic absorption, and/or gravimetric finish on a 50-gram sample. Check assays are conducted at a secondary ISO certified laboratory (in this case AGAT Laboratories located in Mississauga, Ontario) following the completion of a program.