NexGold Intersects 14.07 g/t Gold over 7.0 Metres, 9.76 g/t Gold over 8.0 Metres and 2.84 g/t Gold over 13.0 Metres at the Goldlund Deposit, Ontario

TORONTO, Sept. 23, 2026 (GLOBE NEWSWIRE) — NexGold Mining Corp. ( TSXV: NEXG; OTCQX: NXGCF) (“ NexGold ” or the “ Company ”) is pleased to provide additional results from its diamond drilling program at the Company’s Goliath Gold Complex, which includes the Goliath, Goldlund and Miller Deposits. The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is focused on infilling and testing the extension of mineralization within Zone 4 of the Goldlund Deposit. The results presented in this news release include 3,603 metres of diamond drilling in 10 drill holes (GL-26-031 to GL-26-040) ( Figures 1, 2 and 3; Tables 1 and 2 ).

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

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Kevin Bullock, President, CEO & Director of NexGold, commented: “I am pleased with the additional assay results from our drill program at Goldlund. This program continues to demonstrate grade continuity at depth, but within reach of a potential open pit. Grade tenor and thicknesses continue to build confidence that mineralization continues at depth and is consistent with previous drill results. Our continued drilling progress at Goldlund further supports our objectives for this program – to infill and test the extension of mineralization in Zone 4 – which is expected to contribute to refinement of our geological model and may inform future Mineral Resource assessments. We expect to complete the balance of the 35,000-metre program by the end of 2026 and will continue to provide updates as results become available.”

Mineralization at the Goldlund Deposit is generally characterized by quartz stockwork veining within sub-vertical granodiorite sills. Zone 4 at the Goldlund Deposit includes broad intervals of mineralized intermediate-mafic volcanic rocks with multiple porphyry and granodiorite intrusions. The drill results summarized in this news release, together with previously announced drill results, provide additional support and information relevant to the interpretation of grade continuity within Zone 4. These results are expected to contribute to ongoing refinement of the geological model and may support future evaluation of Mineral Resource classification, subject to additional drilling, data verification, and completion of further technical studies.