NexGold Intersects 3.08 g/t over 17.0 Metres, 4.80 g/t Gold over 5.6 Metres, 84.30 g/t over 1.0 Metres and Expands Drilling Program at the Goldlund Deposit, Ontario

TORONTO, Aug. 25, 2026 (GLOBE NEWSWIRE) — NexGold Mining Corp. ( TSXV: NEXG; OTCQX: NXGCF) (“ NexGold ” or the “ Company ”) is pleased to provide additional results from the diamond drilling program at the Company’s Goliath Gold Complex, which includes the Goliath, Goldlund and Miller Deposits. The results presented in this news release include 4,686 metres of diamond drilling in 11 drill holes (GL‑26‑020 to GL-26-030B). These drill holes were designed to infill and test the extension of mineralization within Zone 4 of the Goldlund Deposit near the northeastern part of the open pit Mineral Resource ( Figures 1, 2 and 3; Tables 1 and 2 ).

The Company’s initial 25,000-metre drill program has now been completed. Based on the results received to date and the continued exploration potential identified within and adjacent to the current open pit Mineral Resource, the Company has elected to expand the drill program to approximately 35,000 metres. The additional drilling is intended to further evaluate the continuity and distribution of mineralization and may support future Mineral Resource studies.

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Selected drill intersections from diamond drill holes at the Goldlund Deposit in this news release are further detailed in Table 1 and include:

These drill results are in the same general area of Zone 4 mineralization where previously reported drill intersections were announced (see NexGold news release dated February 2, 2026) and included:

Kevin Bullock, President, CEO & Director of NexGold, commented: “The latest results coming from our diamond drilling program at the Goldlund Deposit continue to demonstrate continuity of mineralization within Zone 4 and provide geological and grade information at depth. The objectives of the program are to further evaluate the continuity and distribution of mineralization and to improve our understanding of the deeper portions of the Goldlund Deposit.