NexGold Continues to Intersect High-Grade Gold Mineralization at the Goldboro Open Pit Gold Project, Including 50.73 g/t gold over 6.65 metres and 5.28 g/t gold over 19.20 metres

TORONTO, July 17, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide additional 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 is 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 an additional 14 infill diamond drill holes (BR-25-551 to 559 and BR-25-561 to 565), totalling 3,347.0 metres, were from drilling in the proposed west and east pits (Figures 1 and 2; Tables 1 and 2).

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