NexGold Intersects 18.16 g/t Gold over 2.1 Metres and 6.91 g/t Gold over 2.5 Metres at the Goldboro Open Pit Gold Project
TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide final drill results from a recently-completed 26,854-metre diamond drill program initially announced on January 22, 2025 at the Company’s Goldboro Open Pit Gold Project (“Goldboro”) in Nova Scotia. The drill program was primarily designed to infill specific areas of the open pit Mineral Resource identified to improve geological and grade continuity and potentially upgrade certain areas of Inferred and Indicated Mineral Resources. The assay results for the final 14 infill diamond drill holes (BR-25-585 and 593 to 603), totalling 2,072.0 metres, were from drilling in the proposed west and east pits of the Goldboro Open Pit Gold Project (Figures 1 and 2; Tables 1 and 2).
Related Questions
How will the upgraded grades and continuity affect NexGold's near‑term resource upgrade potential and mine planning?
What impact might these infill results have on NexGold's upcoming capital expenditure and financing needs?
How does this drill performance compare to recent results from regional peers and what could it mean for the stock’s valuation?