Northwire Canada EditionThursday, July 30, 2026
Sign inSubscribe
Northwire
⌕
ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
Drill Results

NexGold Intersects 23.73 g/t Gold over 5.3 Metres and 24.65 g/t Gold over 2.2 Metres at the Goldboro Open Pit Gold Project

By The Northwire Desk — AI Analysis Aug 07, 2025 · 07:00 NEXG · 0.82 NeXGold Mining Corp.
NEXG · Price

Executive Summary

  • NexGold released assay results for an additional 12 infill diamond drill holes (2,163 m) in the east pit of its Goldboro project, bringing total reported results to 130 holes (~92% of the program).
  • Several high‑grade intercepts were disclosed, including 23.73 g/t Au over 5.3 m (including 244 g/t Au over 0.5 m) and 24.65 g/t Au over 2.2 m (including 104.5 g/t Au over 0.5 m).
  • The results support the existing geological model, indicate additional mineralization zones, and will be incorporated into an updated Mineral Resource Estimate planned for H2 2025.

Key Details

  • Program Scope: 26,854 m total diamond drill program announced Jan 22 2025; this release adds results for 12 holes (BR‑25‑560, 574‑576, 580, 581, 583, 587‑589, 591, 604).
  • Total Coverage: Assay results now released for 130 of ~141 planned infill holes (~92%).
  • High‑Grade Intercepts (selected):
  • BR‑25‑589: 23.73 g/t Au over 5.3 m (153.7–159.0 m), including 244 g/t Au over 0.5 m.
  • BR‑25‑576: 24.65 g/t Au over 2.2 m (142.2–144.4 m), including 104.5 g/t Au over 0.5 m.
  • BR‑25‑588: 7.40 g/t Au over 3.7 m (128.5–132.2 m), including 51.6 g/t Au over 0.5 m.
  • BR‑25‑580: 1.90 g/t Au over 12.5 m (56.4–68.9 m), including 18.25 g/t Au over 0.7 m.
  • BR‑25‑588 also returned 5.20 g/t Au over 3.7 m (255.8–259.5 m), including 29.00 g/t Au over 0.7 m.
  • Geological Impact: Results confirm the model’s overall accuracy, identify new mineralized zones, and will lead to local adjustments in the Mineral Resource model.
  • Future Work: Updated Mineral Resource Estimate scheduled for H2 2025 incorporating these assay data.
  • QA/QC: Core split‑sampling with analysis by Eastern Analytical Ltd. and ALS Canada Ltd.; fire‑assay (30 g) with AA finish; blanks, standards, and duplicate samples used per CIM best practices.
  • Qualified Person: Paul McNeill, P.Geo., VP Exploration, reviewed and approved the technical disclosure.

Notable Quotes

“The high‑grade intercepts in recent drilling in the east pit will be important to ongoing work on the Goldboro Mineral Resource and mine planning… We anticipate final assays from the full drill program to be returned in the coming weeks and look forward to using that information in an updated Mineral Resource Estimate.” – Kevin Bullock, President & CEO

Read the original news release →

More from NeXGold Mining Corp.

Jul 21, 2026 · 07:00

NeXGold advances its Goldboro project toward a construction decision, targeting a heavily nuggety, high-grade gold system.

Drill Results Jul 09, 2026 · 07:00

NeXGold infill RC drilling at Goldboro confirms high-grade gold near surface, though the program is routine de-risking without new discovery impact.

Drill Results Jun 29, 2026 · 07:00

NexGold Announces Closing of C$10 Million Private Placement of Flow-Through Shares

Financings Jun 25, 2026 · 07:00

NeXGold’s Goldboro infill drilling confirms high-grade zones, awaiting final investment decision to unlock value.

Drill Results Jun 16, 2026 · 07:00

NeXGold’s Goliath MOU marks a community milestone as goldoro construction advances toward a Q3 final investment decision.

M&A / Property Jun 01, 2026 · 07:00

NexGold Advances Goldboro Feasibility on Schedule, but Routine Execution Update Lacks Near-Term Catalyst to Reverse Technical Downtrend

Technical Study