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NexGold Mining Initiates 25,000-metre Infill Diamond Drill Program at the Goliath Gold Complex, Ontario
['Mr. Kevin Bullock Reports']
Junior Mining News
TORONTO, Jan. 28, 2026 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to announce it has commenced diamond drilling at the Company’s Goliath Gold Complex in Ontario (“Goliath Complex”) (Figure 1).
Open pit mineral reserves incorporate 10%, 7% and 9% dilution for Goliath, Goldlund and Miller, respectively.
Goliath underground mineral reserves include 5% dilution and 0% loss for development.
Goliath underground mineral reserves are reported based on underground mining within designed underground stopes above a mill feed cut-off value of C$107.66/t (inclusive of 15% mining dilution).
The Goliath Gold Complex (which includes the Goliath, Goldlund and Miller deposits) is located in Northwestern Ontario.