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NexGold Mining trades at a deep 0.13x P/NAV despite fully permitted, high-grade Goldboro and significant leverage to gold prices. Key catalysts are the updated Goldboro Feasibility Study (due by year-end), a 2026 construction decision, and gold holding above $4,300/oz. Major risk is dilution: Goldboro and Goliath require ~$620M in capex, implying 35% equity dilution even with existing cash and debt facilities.
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).
NexGold Mining stands out among junior miners with two advanced Canadian gold projects, led by the fully permitted Goldboro asset. Goldboro's 2022 feasibility study highlights a 10.9-year mine life, 100k oz annual production, C$328M NPV5, 25.5% IRR, and low US$849/oz AISC. NXGCF's strong balance sheet and a second significant project provide additional value and risk mitigation.
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.
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