NexGold Reports Q2 2026 Financial and Operating Results

TORONTO, Aug. 13, 2026 (GLOBE NEWSWIRE) — NexGold Mining Corp. ( TSXV: NEXG; OTCQX: NXGCF) (“ NexGold ” or the “ Company ”) announced its financial and operating results for the three and six months ended June 30, 2026. The second quarter of 2026 was highlighted by continued advancement of the Goldboro Gold Project (“ Goldboro ”) and Goliath Gold Complex (“ Goliath Complex ”), including ongoing drilling programs, completion of regional geophysical surveys at Goldboro, and progress toward an updated Goldboro Feasibility Study.

The Company’s condensed consolidated interim financial statements and related management’s discussion and analysis (“ MD&A ”) for the three and six months ended June 30, 2026 are available under the Company’s profile on SEDAR+ at www.sedarplus.ca and on the Company’s website at www.nexgold.com . Unless otherwise indicated, all dollar amounts are expressed in Canadian dollars.

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Kevin Bullock, President, CEO & Director of NexGold, commented: “NexGold was very active in the second quarter of 2026, with a strong focus on the continued execution, advancement, and strengthening of its two cornerstone development projects. At Goldboro, the Company continued to make progress across several key development activities in advance of a potential construction decision later this year. Most notably, the updated Goldboro Feasibility Study remains on track for completion in 2026. The Company also advanced a reverse circulation infill drill program at Goldboro designed to enhance confidence in mine planning for the initial years contemplated in the current mine plan. Results received to date have supported the objectives of the program, leading the Company to increase the planned program from 30,000 metres to 40,000 metres.

“At the Goliath Complex, exploration activities continued as part of the 25,000-metre infill and expansion drilling program, supporting the ongoing evaluation and advancement of the open pit Mineral Resources at the Goldlund Deposit. We also entered into a Memorandum of Understanding with Eagle Lake First Nation and Lac Seul First Nation to establish a framework for ongoing collaboration, relationship-building, and negotiation related to the Goliath Complex. This represents an important step toward building respectful and constructive relationships that have the potential to deliver long-term benefits for all parties.

“This is an exciting time for NexGold. With several milestones anticipated in the second half of 2026, we remain focused on maintaining the momentum generated during the first half of the year. Looking ahead, we are committed to advancing our projects responsibly and positioning NexGold for potential future growth as we work toward our objective of becoming a Canadian mid-tier gold producer.”