NexGold Mining Corp. has announced significant gold assay results from its ongoing diamond drilling program at the Goldlund Deposit, located within the Goliath Gold Complex in Ontario. The company reported multiple high-grade intercepts, including 14.10 grams per tonne (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 from drill hole GL-26-003A.
Drilling Program Details
The current drill program, which has completed approximately 18,000 metres of a planned 25,000 metres, is focused on infilling and potentially expanding open pit Mineral Resources at the Goldlund Deposit. The results released today comprise 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). These holes target Zone 4 mineralization from near the centre to the southwestern end of the open pit Mineral Resource.
Key Drill Intercepts
- Drill hole GL-26-003A: 14.10 g/t gold over 6.0 metres (from 53.0 to 59.0 metres), including 51.70 g/t gold over 1.5 metres and 4.59 g/t gold over 1.5 metres; additionally, 2.99 g/t gold over 20.0 metres (from 157.0 to 177.0 metres), including 27.30 g/t gold over 1.0 metre and 24.90 g/t gold over 1.0 metre; and 10.67 g/t gold over 7.0 metres (from 189.0 to 196.0 metres), including 143.00 g/t gold over 0.5 metres.
- Drill hole GL-26-002: 4.25 g/t gold over 6.0 metres (from 302.0 to 308.0 metres), including 10.90 g/t gold over 1.0 metre; additionally, 0.66 g/t gold over 43.0 metres (from 253.0 to 296.0 metres), including 14.80 g/t gold over 1.0 metre; and 19.8 g/t gold over 0.6 metres (from 229.4 to 230.0 metres).
- Drill hole GL-25-017: 3.23 g/t gold over 6.0 metres (from 220.0 to 226.0 metres), including 17.30 g/t gold over 0.9 metres and 3.10 g/t gold over 1.0 metre.
- Drill hole GL-25-019: 1.13 g/t gold over 20.0 metres (from 255.0 to 275.0 metres), including 13.40 g/t gold over 1.0 metre.
- Drill hole GL-25-018: 0.52 g/t gold over 55.9 metres (from 234.1 to 290.0 metres), including 8.43 g/t gold over 0.6 metres and 4.42 g/t gold over 1.0 metre.
Comparison with Previous Results
These new intercepts are located in the same general area of Zone 4 mineralization where earlier results were reported in February 2026. Previous highlights include 1.18 g/t gold over 33.5 metres (including 18.00 g/t gold over 1.0 metre) in hole GL-25-009, and 1.03 g/t gold over 16.5 metres (including 5.25 g/t gold over 0.8 metres) in hole GL-25-014.
Management Commentary
Kevin Bullock, President and CEO of NexGold, stated: "Our infill drill program at the Goliath Gold Complex continues to demonstrate good continuity of mineralization at depth within the Goldlund Deposit. The drill results reported today are from the centre to southwestern portion of the Goldlund open pit and focused on the 100 to 300-metre levels of open pit Mineral Resources. Like previously reported results, they continue to demonstrate a strong tenor of gold mineralization in this area."
The company remains on track to complete the planned 25,000-metre drill program, with further results expected as drilling continues.
