NexGold Mining Corp. has announced significant assay results from its ongoing Reverse Circulation infill drill program at the Goldboro Gold Project in Nova Scotia, including 12.06 g/t gold over 6.0 metres and 3.84 g/t gold over 18.0 metres. Based on the success of the program, the company has expanded drilling from approximately 30,000 metres to 40,000 metres.
Drilling Highlights from the West Pit
The results released represent 3,420 metres of drilling from 72 RC drill holes in the west pit area. Key intercepts include: 12.06 g/t Au over 6.0 metres (including 67.41 g/t Au over 1.0 metre) in hole RC-26-147; 3.84 g/t Au over 18.0 metres (including 28.04 g/t Au over 1.0 metre) in hole RC-26-102; and 4.13 g/t Au over 10.0 metres (including 29.03 g/t Au over 1.0 metre) in hole RC-26-129. Other notable holes include RC-26-144 with 9.31 g/t Au over 7.0 metres and RC-26-130 with 2.82 g/t Au over 11.0 metres plus 4.95 g/t Au over 6.0 metres.
Program Expansion and Objectives
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.” The company elected to expand the program using proceeds from a recently-completed C$10 million flow-through financing. The expanded program is approximately 62% complete and is expected to continue into the fourth quarter of 2026.
Infill Spacing and Geological Confirmation
The RC Infill Drill Program targets selected areas of the Goldboro Deposit at a nominal drill spacing of 12.5 metres down to depths of 50 metres within the West and East pits. Cumulatively, results for 154 drill holes representing 6,685 metres have been released, with additional holes pending assay. According to the company, based on QA/QC procedures and comparisons to previous drilling, the results are considered geologically representative of mineralization, confirming similar grade and thickness as earlier diamond drill holes at broader spacing.
Support for Mine Planning and Construction Decision
The information generated through this program is expected to support ongoing geological modelling, Mineral Resources refinement, and mine planning activities at Goldboro, while also informing the company’s evaluation of a potential construction decision on the project. NexGold looks forward to providing further updates as additional assay results become available.
