NexGold Intersects 9.30 g/t Gold Over 11.0 Metres and 2.31 g/t Gold Over 21.5 Metres at the Goldlund Deposit, Ontario

Original announcement by tmx on

Company
NexGold Mining Corp.
Ticker
NEXG
Exchange
TSX
Region
Ontario
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Drill results
Extracted
2026-09-12 15:08:20 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NexGold Mining Corp. announced strong infill drill results from its Goldlund Deposit in Ontario, part of the Goliath Gold Complex. Highlights include 11.0 metres at 9.30 g/t gold and 21.5 metres at 2.31 g/t gold, with several bonanza-grade sub-intervals. These results are intended to support and potentially expand open pit mineral resources, with mineralization remaining open at depth and along strike.

Reasoning: The drill results show multiple high-grade and significant-width gold intercepts, confirming and extending mineralization within the Goldlund Deposit's Zone 4. This infill program is crucial for resource confidence and potential expansion, with bonanza grades indicating strong tenor. While true widths are not explicitly stated for each intercept, the overall results are very positive for the project's development.

Positive factors

  • High-grade gold intercepts, including bonanza grades of 64.10 g/t and 62.30 g/t, demonstrate strong mineralization.
  • Significant intercept lengths (e.g., 11.0 m at 9.30 g/t Au, 21.5 m at 2.31 g/t Au) indicate good continuity.
  • Infill drilling successfully supports and potentially expands open pit mineral resources, improving confidence in the geological model.
  • The program is also gathering information for potential underground mining, suggesting future growth opportunities.
  • Mineralization remains open along strike and at depth, indicating further exploration potential.

Negative factors

  • True widths are not stated for individual intercepts, only a range (50-70% of interval length), which introduces uncertainty.
  • The focus on infill drilling, while positive for resource confidence, offers lower novelty than new discovery drilling.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 27

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 64.10 g/t gold over 0.9 metres in GL-25-010 is exceptionally high-grade, well above the typical open pit gold threshold.

Evidence · table

“64.10”

Context: 0.9

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 62.30 g/t gold over 1.0 metre in GL-25-009 is exceptionally high-grade, well above the typical open pit gold threshold.

Evidence · table

“62.30”

Context: 1.0

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 28.90 g/t gold over 1.5 metres in GL-25-014 is exceptionally high-grade, well above the typical open pit gold threshold.

Evidence · table

“28.90”

Context: 1.5

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill program is explicitly stated as focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit mineral resources.

Evidence · text

“The drill program is focused on the Goldlund Deposit, with holes designed to infill and potentially expand open pit mineral resources.”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a detailed QA/QC section mentioning the use of blanks, standards, duplicates, and check assays by certified laboratories.

Evidence · text

“The Company has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with the CIM Exploration Best Practices Guidelines. The drill core is cut in half with one-half of the core sample dispatched to Activation Laboratories Ltd. facility located in Dryden, Ontario. The other half of the core is retained for future assay verification and/or metallurgical testing. Other QA/QC procedures include the insertion of blanks and Canadian Reference Standards for every tenth sample in the sample stream. A quarter core duplicate is assayed every 20 th sample. The laboratory has its own QA/QC protocols running standards and blanks with duplicate samples in each batch stream. Additional checks are routinely run on anomalous values including gravimetric analysis and pulp metallic screen fire assays. Gold analysis is conducted by lead collection, fire assay with atomic absorption, and/or gravimetric finish on a 50-gram sample. Check assays are conducted at a secondary ISO certified laboratory (in this case AGAT Laboratories located in Mississauga, Ontario) following the completion of a program.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Reported intervals are drilled core lengths and do not indicate true widths. True widths vary from 50 to 70% of the interval length.'

Evidence · text

“Reported intervals are drilled core lengths and do not indicate true widths. True widths vary from 50 to 70% of the interval length.”

Extracted facts

Stored fact records: 27. Some facts used in scoring do not have a stored record.

Drill Results (27)

GL-25-009Goldlund Deposit · goldGrade: 1.18Grade Unit: g/tIntercept: 33.5 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
1.18
Grade Unit
g/t
Intercept
33.5 m
From
183.5 m
To
217 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:183.5-217
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A good width intercept at a moderate grade, contributing to resource infill and continuity, but not a standout high-grade result.

Positive factors

  • Significant intercept length of 33.5 metres indicates good continuity of mineralization.
  • Supports infill drilling objectives for open pit resource expansion.

Negative factors

  • Grade of 1.18 g/t Au is moderate for an open pit gold deposit.
  • True width is not explicitly stated for this intercept.

Evidence · table

“1.18”

Context: 33.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 7.99Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
7.99
Grade Unit
g/t
Intercept
1 m
From
183.5 m
To
184.5 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:183.5-184.5
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A high-grade sub-interval that enhances the overall prospectivity of the broader intercept, despite its narrow width.

Positive factors

  • High-grade gold intercept of 7.99 g/t Au, indicating strong mineralization within the broader interval.

Negative factors

  • Narrow intercept length of 1.0 metre limits its overall impact.
  • True width is not explicitly stated for this intercept.

Evidence · table

“7.99”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 18Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
18
Grade Unit
g/t
Intercept
1 m
From
215 m
To
216 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:215-216
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: An excellent high-grade sub-interval, demonstrating bonanza-grade mineralization within the broader zone, which is highly positive.

Positive factors

  • Very high-grade gold intercept of 18.00 g/t Au, significantly boosting the overall grade of the interval.

Negative factors

  • Narrow intercept length of 1.0 metre limits its overall impact.
  • True width is not explicitly stated for this intercept.

Evidence · table

“18.00”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 62.3Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
62.3
Grade Unit
g/t
Intercept
1 m
From
226 m
To
227 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:226-227
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A bonanza-grade intercept that significantly enhances the prospectivity of the zone, despite its narrow width.

Positive factors

  • Exceptional bonanza-grade gold intercept of 62.30 g/t Au, indicating very high-grade mineralization.

Negative factors

  • Narrow intercept length of 1.0 metre limits its overall impact.
  • True width is not explicitly stated for this intercept.

Evidence · table

“62.30”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 1.37Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
1.37
Grade Unit
g/t
Intercept
4.5 m
From
283 m
To
287.5 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:283-287.5
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A moderate grade and width intercept, consistent with infill drilling objectives but not particularly high-impact.

Positive factors

  • Moderate width intercept contributing to resource definition.

Negative factors

  • Grade of 1.37 g/t Au is moderate for an open pit gold deposit.
  • True width is not explicitly stated for this intercept.

Evidence · table

“1.37”

Context: 4.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 2.44Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
2.44
Grade Unit
g/t
Intercept
1 m
From
283 m
To
284 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:283-284
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow, but higher-grade sub-interval within a broader zone, contributing positively to the overall grade.

Positive factors

  • Higher grade than the parent interval, indicating localized stronger mineralization.

Negative factors

  • Narrow intercept length of 1.0 metre.
  • True width is not explicitly stated for this intercept.

Evidence · table

“2.44”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 3.73Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
3.73
Grade Unit
g/t
Intercept
0.8 m
From
286 m
To
286.8 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:286-286.8
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow but strong-grade sub-interval, contributing positively to the overall grade of the broader zone.

Positive factors

  • Strong grade of 3.73 g/t Au, indicating good mineralization within the sub-interval.

Negative factors

  • Very narrow intercept length of 0.8 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“3.73”

Context: 0.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 1.03Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
5 m
From
303 m
To
308 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:303-308
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A moderate grade and width intercept, consistent with infill drilling objectives but not particularly high-impact.

Positive factors

  • Moderate width intercept contributing to resource definition.

Negative factors

  • Grade of 1.03 g/t Au is moderate for an open pit gold deposit.
  • True width is not explicitly stated for this intercept.

Evidence · table

“1.03”

Context: 5.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-009Goldlund Deposit · goldGrade: 3.55Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-009
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
3.55
Grade Unit
g/t
Intercept
1 m
From
303 m
To
304 m
Hole Depth
402 m
Intercept Depth
183.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-009:303-304
Mining Method
open_pit

Location

Location
Zone 4
Easting
546805
Northing
5527680
CRS
NAD83 Zone 15N
Elevation
419 m
Azimuth
120 °
Dip
-49 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow but strong-grade sub-interval, contributing positively to the overall grade of the broader zone.

Positive factors

  • Strong grade of 3.55 g/t Au, indicating good mineralization within the sub-interval.

Negative factors

  • Narrow intercept length of 1.0 metre.
  • True width is not explicitly stated for this intercept.

Evidence · table

“3.55”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-010Goldlund Deposit · goldGrade: 9.3Grade Unit: g/tIntercept: 11 mView all details
Link to this fact

Identity

Hole ID
GL-25-010
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
9.3
Grade Unit
g/t
Intercept
11 m
From
232 m
To
243 m
Hole Depth
327 m
Intercept Depth
232 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-010:232-243
Mining Method
open_pit

Location

Location
Zone 4
Easting
547178
Northing
5527787
CRS
NAD83 Zone 15N
Elevation
425 m
Azimuth
118 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A bonanza-grade intercept over a good width, representing a highly positive result for the project's resource potential.

Positive factors

  • Exceptional grade of 9.30 g/t Au over a significant width of 11.0 metres, indicating strong mineralization.
  • This intercept is a key highlight of the drill program, supporting resource expansion and continuity.

Negative factors

  • True width is not explicitly stated for this intercept.

Evidence · table

“9.30”

Context: 11.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-010Goldlund Deposit · goldGrade: 39.7Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-010
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
39.7
Grade Unit
g/t
Intercept
1 m
From
232 m
To
233 m
Hole Depth
327 m
Intercept Depth
232 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-010:232-233
Mining Method
open_pit

Location

Location
Zone 4
Easting
547178
Northing
5527787
CRS
NAD83 Zone 15N
Elevation
425 m
Azimuth
118 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A very high-grade sub-interval, contributing significantly to the bonanza-grade nature of the broader intercept.

Positive factors

  • Exceptional bonanza-grade gold intercept of 39.70 g/t Au, significantly enhancing the overall grade of the interval.

Negative factors

  • Narrow intercept length of 1.0 metre limits its overall impact.
  • True width is not explicitly stated for this intercept.

Evidence · table

“39.70”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-010Goldlund Deposit · goldGrade: 64.1Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
GL-25-010
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
64.1
Grade Unit
g/t
Intercept
0.9 m
From
236.6 m
To
237.5 m
Hole Depth
327 m
Intercept Depth
232 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-010:236.6-237.5
Mining Method
open_pit

Location

Location
Zone 4
Easting
547178
Northing
5527787
CRS
NAD83 Zone 15N
Elevation
425 m
Azimuth
118 °
Dip
-51 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A bonanza-grade sub-interval that is a major highlight, indicating very high-grade mineralization within the broader zone.

Positive factors

  • Exceptional bonanza-grade gold intercept of 64.10 g/t Au, representing a significant high-grade component.

Negative factors

  • Very narrow intercept length of 0.9 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“64.10”

Context: 0.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-011Goldlund Deposit · goldGrade: 2.31Grade Unit: g/tIntercept: 21.5 mView all details
Link to this fact

Identity

Hole ID
GL-25-011
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
2.31
Grade Unit
g/t
Intercept
21.5 m
From
238.6 m
To
260.1 m
Hole Depth
351 m
Intercept Depth
238.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-011:238.6-260.1
Mining Method
open_pit

Location

Location
Zone 4
Easting
547344
Northing
5527906
CRS
NAD83 Zone 15N
Elevation
412 m
Azimuth
122 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A strong grade over a substantial width, representing a very positive infill result that enhances resource confidence.

Positive factors

  • Strong grade of 2.31 g/t Au over a significant width of 21.5 metres, indicating good continuity and tenor.
  • Supports infill drilling objectives for open pit resource expansion.

Negative factors

  • True width is not explicitly stated for this intercept.

Evidence · table

“2.31”

Context: 21.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-011Goldlund Deposit · goldGrade: 24.5Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
GL-25-011
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
24.5
Grade Unit
g/t
Intercept
0.5 m
From
244.9 m
To
245.4 m
Hole Depth
351 m
Intercept Depth
238.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-011:244.9-245.4
Mining Method
open_pit

Location

Location
Zone 4
Easting
547344
Northing
5527906
CRS
NAD83 Zone 15N
Elevation
412 m
Azimuth
122 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A bonanza-grade sub-interval that significantly enhances the overall grade of the broader intercept, despite its very narrow width.

Positive factors

  • Exceptional bonanza-grade gold intercept of 24.50 g/t Au, indicating very high-grade mineralization.

Negative factors

  • Very narrow intercept length of 0.5 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“24.50”

Context: 0.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-011Goldlund Deposit · goldGrade: 7.64Grade Unit: g/tIntercept: 0.9 mView all details
Link to this fact

Identity

Hole ID
GL-25-011
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
7.64
Grade Unit
g/t
Intercept
0.9 m
From
246.5 m
To
247.4 m
Hole Depth
351 m
Intercept Depth
238.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-011:246.5-247.4
Mining Method
open_pit

Location

Location
Zone 4
Easting
547344
Northing
5527906
CRS
NAD83 Zone 15N
Elevation
412 m
Azimuth
122 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow but high-grade sub-interval, contributing positively to the overall grade of the broader zone.

Positive factors

  • High-grade gold intercept of 7.64 g/t Au, indicating strong mineralization within the broader interval.

Negative factors

  • Narrow intercept length of 0.9 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“7.64”

Context: 0.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-011Goldlund Deposit · goldGrade: 30.1Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
GL-25-011
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
30.1
Grade Unit
g/t
Intercept
0.7 m
From
249.8 m
To
250.5 m
Hole Depth
351 m
Intercept Depth
238.6 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-011:249.8-250.5
Mining Method
open_pit

Location

Location
Zone 4
Easting
547344
Northing
5527906
CRS
NAD83 Zone 15N
Elevation
412 m
Azimuth
122 °
Dip
-47 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A bonanza-grade sub-interval that significantly enhances the overall grade of the broader intercept, despite its very narrow width.

Positive factors

  • Exceptional bonanza-grade gold intercept of 30.10 g/t Au, indicating very high-grade mineralization.

Negative factors

  • Very narrow intercept length of 0.7 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“30.10”

Context: 0.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-013Goldlund Deposit · goldGrade: 2.34Grade Unit: g/tIntercept: 10.2 mView all details
Link to this fact

Identity

Hole ID
GL-25-013
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
2.34
Grade Unit
g/t
Intercept
10.2 m
From
199.3 m
To
209.5 m
Hole Depth
276 m
Intercept Depth
199.3 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-013:199.3-209.5
Mining Method
open_pit

Location

Location
Zone 4
Easting
547392
Northing
5527898
CRS
NAD83 Zone 15N
Elevation
415 m
Azimuth
121 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A good grade over a solid width, contributing positively to the infill program and resource confidence.

Positive factors

  • Strong grade of 2.34 g/t Au over a good width of 10.2 metres, supporting resource infill.

Negative factors

  • True width is not explicitly stated for this intercept.

Evidence · table

“2.34”

Context: 10.2

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-013Goldlund Deposit · goldGrade: 15.8Grade Unit: g/tIntercept: 0.7 mView all details
Link to this fact

Identity

Hole ID
GL-25-013
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
15.8
Grade Unit
g/t
Intercept
0.7 m
From
199.3 m
To
200 m
Hole Depth
276 m
Intercept Depth
199.3 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-013:199.3-200
Mining Method
open_pit

Location

Location
Zone 4
Easting
547392
Northing
5527898
CRS
NAD83 Zone 15N
Elevation
415 m
Azimuth
121 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: An excellent high-grade sub-interval, contributing significantly to the overall grade of the broader zone.

Positive factors

  • Very high-grade gold intercept of 15.80 g/t Au, indicating strong mineralization within the broader interval.

Negative factors

  • Very narrow intercept length of 0.7 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“15.80”

Context: 0.7

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-013Goldlund Deposit · goldGrade: 5.08Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
GL-25-013
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
5.08
Grade Unit
g/t
Intercept
0.8 m
From
207.9 m
To
208.7 m
Hole Depth
276 m
Intercept Depth
199.3 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-013:207.9-208.7
Mining Method
open_pit

Location

Location
Zone 4
Easting
547392
Northing
5527898
CRS
NAD83 Zone 15N
Elevation
415 m
Azimuth
121 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow but high-grade sub-interval, contributing positively to the overall grade of the broader zone.

Positive factors

  • High-grade gold intercept of 5.08 g/t Au, indicating strong mineralization within the broader interval.

Negative factors

  • Very narrow intercept length of 0.8 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“5.08”

Context: 0.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 28.9Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
28.9
Grade Unit
g/t
Intercept
1.5 m
From
129.5 m
To
131 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:129.5-131
Mining Method
open_pit

Location

Location
Zone 50
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A bonanza-grade intercept in a new zone, highly positive for overall project potential despite its narrow width.

Positive factors

  • Exceptional bonanza-grade gold intercept of 28.90 g/t Au, indicating very high-grade mineralization.
  • Located in a different zone (Zone 50), suggesting broader mineralization potential.

Negative factors

  • Narrow intercept length of 1.5 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“28.90”

Context: 1.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 0.78Grade Unit: g/tIntercept: 5 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
0.78
Grade Unit
g/t
Intercept
5 m
From
261 m
To
266 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:261-266
Mining Method
open_pit

Location

Location
Zone 4
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A moderate width intercept with a weak grade, contributing to infill but not a high-impact result.

Positive factors

  • Moderate width intercept contributing to resource definition.

Negative factors

  • Grade of 0.78 g/t Au is weak for an open pit gold deposit.
  • True width is not explicitly stated for this intercept.

Evidence · table

“0.78”

Context: 5.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 2.44Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
2.44
Grade Unit
g/t
Intercept
1 m
From
263 m
To
264 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:263-264
Mining Method
open_pit

Location

Location
Zone 4
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow, but higher-grade sub-interval within a broader zone, contributing positively to the overall grade.

Positive factors

  • Higher grade than the parent interval, indicating localized stronger mineralization.

Negative factors

  • Narrow intercept length of 1.0 metre.
  • True width is not explicitly stated for this intercept.

Evidence · table

“2.44”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 1.03Grade Unit: g/tIntercept: 13.9 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
13.9 m
From
280.1 m
To
294 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:280.1-294
Mining Method
open_pit

Location

Location
Zone 4
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A moderate grade over a good width, consistent with infill drilling objectives but not a high-impact result.

Positive factors

  • Good intercept length of 13.9 metres, contributing to resource definition.

Negative factors

  • Grade of 1.03 g/t Au is moderate for an open pit gold deposit.
  • True width is not explicitly stated for this intercept.

Evidence · table

“1.03”

Context: 13.9

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 11.2Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
11.2
Grade Unit
g/t
Intercept
1 m
From
292 m
To
293 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:292-293
Mining Method
open_pit

Location

Location
Zone 4
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: An excellent high-grade sub-interval, contributing significantly to the overall grade of the broader zone.

Positive factors

  • Very high-grade gold intercept of 11.20 g/t Au, significantly enhancing the overall grade of the interval.

Negative factors

  • Narrow intercept length of 1.0 metre.
  • True width is not explicitly stated for this intercept.

Evidence · table

“11.20”

Context: 1.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 1.03Grade Unit: g/tIntercept: 16.5 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
16.5 m
From
350.5 m
To
367 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:350.5-367
Mining Method
open_pit

Location

Location
Zone 4
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A moderate grade over a good width, consistent with infill drilling objectives but not a high-impact result.

Positive factors

  • Good intercept length of 16.5 metres, contributing to resource definition.

Negative factors

  • Grade of 1.03 g/t Au is moderate for an open pit gold deposit.
  • True width is not explicitly stated for this intercept.

Evidence · table

“1.03”

Context: 16.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 5.25Grade Unit: g/tIntercept: 0.8 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
5.25
Grade Unit
g/t
Intercept
0.8 m
From
354.5 m
To
355.3 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:354.5-355.3
Mining Method
open_pit

Location

Location
Zone 4
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow but high-grade sub-interval, contributing positively to the overall grade of the broader zone.

Positive factors

  • High-grade gold intercept of 5.25 g/t Au, indicating strong mineralization within the broader interval.

Negative factors

  • Very narrow intercept length of 0.8 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“5.25”

Context: 0.8

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

GL-25-014Goldlund Deposit · goldGrade: 4.34Grade Unit: g/tIntercept: 2 mView all details
Link to this fact

Identity

Hole ID
GL-25-014
Project
Goldlund Deposit
Commodity
gold
Region
canada_on
Reported Region
canada_on
Ticker
NEXG

Geometry

Grade
4.34
Grade Unit
g/t
Intercept
2 m
From
358 m
To
360 m
Hole Depth
477 m
Intercept Depth
129.5 m

Classification

Program
resource
Sample Type
drill
Group ID
GL-25-014:358-360
Mining Method
open_pit

Location

Location
Zone 4
Easting
546699
Northing
5527637
CRS
NAD83 Zone 15N
Elevation
413 m
Azimuth
135 °
Dip
-58 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
Activation Laboratories Ltd. and AGAT Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-02-25T00:00:00.000Z

Reasoning: A narrow but strong-grade sub-interval, contributing positively to the overall grade of the broader zone.

Positive factors

  • Strong grade of 4.34 g/t Au, indicating good mineralization within the sub-interval.

Negative factors

  • Narrow intercept length of 2.0 metres.
  • True width is not explicitly stated for this intercept.

Evidence · table

“4.34”

Context: 2.0

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "resource"

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "In addition, NexGold holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjace"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.