01:38 PM EDT, 07/30/2025 (MT Newswires) -- NeXGold Mining ( NXGCF ) shares were last seen up 5.4% after the company said exploration drilling at its Goldboro project in Nova Scotia showed high-grade gold mineralization.

The company said best results from a batch of assays received from its the 26,584-meter drilling program included 40.09 grams per tonne of gold over 17.7 meters and 6.75 gpt of gold over 18.0 meters.

"The high grades over considerable thicknesses encountered in recent drilling will be important to the ongoing work on the Goldboro Mineral Resource and mine planning. We anticipate final assays from the full drill program to be returned in the coming weeks and are looking forward to using that information in an updated Mineral Resource which will ultimately inform the planned updated Feasibility Study." chief executive Kevin Bullock, said,

NexGold Mining ( NXGCF ) were last seen up $0.04 to $0.78 on the TSX Venture Exchange.

Price: 0.78, Change: +0.04, Percent Change: +5.41