Northwire Canada EditionWednesday, August 19, 2026
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DCOP 0.070 −6.7% HMR 0.490 +2.1% LITH 0.440 +2.3% MKA 0.770 +2.7% NGC 0.120 +0.0% JUGR 1.29 +1.2% SAGA 0.465 −5.1% B 0.520 −7.1% QGR 0.165 −2.9% ALTA 0.165 −2.9% OMG 2.98 −2.3% NTX 0.110 +0.0% QCX 0.250 +0.0% KLDC 0.280 −9.7% GLAD 2.74 −5.2% INTR 0.805 −5.3% DCOP 0.070 −6.7% HMR 0.490 +2.1% LITH 0.440 +2.3% MKA 0.770 +2.7% NGC 0.120 +0.0% JUGR 1.29 +1.2% SAGA 0.465 −5.1% B 0.520 −7.1% QGR 0.165 −2.9% ALTA 0.165 −2.9% OMG 2.98 −2.3% NTX 0.110 +0.0% QCX 0.250 +0.0% KLDC 0.280 −9.7% GLAD 2.74 −5.2% INTR 0.805 −5.3%
Drill Results

NexGold Intersects 5.26 g/t Gold over 7.0 Metres and 7.08 g/t Gold over 5.0 Metres in RC Infill Drill Program at the Goldboro Gold Project, Nova Scotia

By The Northwire Desk — AI Analysis Aug 19, 2026 · 07:00 NEXG · 1.33 NeXGold Mining Corp.
NEXG · Price

NeXGold Mining Corp. (NEXG) has released additional assay results from its 40,000-metre Reverse Circulation (RC) infill drill program at the Goldboro Gold Project in Nova Scotia. The latest data focuses on the west and east pits, covering 3,591 metres of drilling from 85 RC holes. The company confirmed that over 76% of the expanded drilling program is complete, with results expected to support an updated Feasibility Study and a potential final investment decision later in 2026.

The RC Infill Drill Program is designed to infill the Goldboro Mineral Resource at a nominal spacing of 12.5 metres down to 50 metres. The released results represent 3,591 metres of drilling from 85 RC drill holes, specifically RC-26-160 to 196, RC-26-199 to 205, RC-26-209 to 229, RC-26-254 to 258, 261, and RC-26-310 to 323. Assays are pending for all remaining drill holes not listed in the release.

Significant high-grade gold intersections were reported in the west pit area, including intervals up to 31.29 g/t Au. Key intersections include:

  • RC-26-226: 5.26 g/t Au over 7.0 m (from 41.0 m to 48.0 m), including 31.29 g/t Au over 1.0 m (from 44.0 m to 45.0 m).
  • RC-26-195: 7.08 g/t Au over 5.0 m (from 9.0 m to 14.0 m), including 25.11 g/t Au over 1.0 m.
  • RC-26-163: 14.97 g/t Au over 2.0 m (from 38.0 m to 40.0 m), including 29.62 g/t Au over 1.0 m; also 0.90 g/t Au over 11.0 m (from 25.0 m to 36.0 m).
  • RC-26-168: 5.42 g/t Au over 3.0 m (from 36.0 m to 39.0 m), including 15.69 g/t Au over 1.0 m; also 5.10 g/t Au over 1.0 m (from 7.0 m to 8.0 m) and 1.09 g/t Au over 9.0 m (from 25.0 m to 34.0 m).
  • RC-26-223: 1.10 g/t Au over 10.0 m (from 7.0 m to 17.0 m) and 2.44 g/t Au over 4.0 m (from 33.0 m to 37.0 m).
  • RC-26-176: 18.54 g/t Au over 1.0 m (from 16.0 m to 17.0 m).
  • RC-26-219: 1.40 g/t Au over 7.0 m (from 32.0 m to 39.0 m) and 7.03 g/t Au over 1.0 m (from 6.0 m to 7.0 m).
  • RC-26-227: 1.61 g/t Au over 7.0 m (from 16.0 m to 23.0 m).

The true width of mineralization varies between 50% and 100% depending on the location of the drillhole and orientation of the mineralized zone. Samples were analyzed by ALS Canada Ltd. using PhotonAssay™, which involves high-energy X-rays on approximately 500 g aliquots. For samples exceeding 350 g/t Au, additional PhotonAssay™ analysis with higher-grade standards is performed. Standard 30 g fire assay check analyses are conducted routinely on jarred material to compare with PhotonAssay™ data, and selected samples are re-analyzed via total pulp metallics (fire assay on +150mesh and -150mesh fractions). QA/QC protocols include certified reference materials, blanks, and laboratory prepared sample duplicates.

The drilling aims to support classification upgrades from Indicated to Measured resources. These results will be incorporated into a future Mineral Resource Estimate separate from the updated Feasibility Study, which is expected to be completed later in 2026.

NeXGold recently closed a flow-through financing of $10M, which funded the increase in the drilling program from 30,000 to 40,000 metres.

Kevin Bullock, President, CEO & Director, stated: “The RC Infill Drill Program is progressing very well, with over 76% of the expanded drilling program complete. With our recently closed flow-through financing of $10M, we made the decision to increase the drilling program from 30,000 metres to 40,000 metres in order to further define Mineral Resources at shallow levels, consistent with the initial years of the mine plan within the west and east pits.”

He added: “We continue to see assay results that support the location, grade tenor and thickness of mineralization within the west pit at a level of detail not previously drilled at the Goldboro Project, including within the central area of the west pit that is scheduled for the initial years of mining.”

Read the original news release →

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