NexGold Mining provides key priorities for 2026

Kevin Bullock, President and CEO, stated: “2025 was the first year of NexGold as a multi-asset, Canadian gold-focused developer following the acquisition of Signal Gold in December 2024. The Company achieved numerous milestones in 2025, positioning NexGold for a year of transition in 2026. Throughout 2025, the NexGold team delivered many accomplishments outlined in this news release, of which I am extremely proud. As a result of these advancements, the Company increased its share price by more than 150%, from $0.70 to $1.77, and grew its market capitalization by more than 325%, from $100 million to over $400 million. We look forward to a transformational year ahead as we continue working collaboratively with our employees, Rightsholders, stakeholders, communities and shareholders.” Looking ahead to 2026, the Company is focused on creating value for shareholders, stakeholders and Rightsholders through ongoing safe and responsible advancement of the Goldboro and Goliath Gold Complex projects, which will include comprehensive drill programs, continued advancement of permitting activities and feasibility and technical studies. Key priorities for 2026 at Goldboro and Goliath include: Goldboro Gold Project: Finalization of an updated Mineral Resource Estimate incorporating recent infill drilling results. Completion of a Feasibility Study update that commenced in November 2025 and includes the development of robust capital and operating cost estimates. Advancement of project execution planning, including finalization of the project’s contracting and procurement strategies and detailed schedule development. Finalization of project financing arrangements as well as a final investment decision. Advancement of detailed engineering to support construction requirements and timing. Commencement of procurement for long-lead equipment. Initiation of an early works construction program in the second half of the year to de-risk and enable a full construction ramp-up. Building the organizational capacity necessary to successfully execute the project, including both owner’s team members and project partners. Commencement of a detailed, close-spaced infill drilling program at Goldboro to define potential near surface mineral resources, where the first years of mining are planned to be carried out. Discovery of additional deposits and additional resources. Goliath Gold Complex: With the targeted commencement of early works at Goldboro in 2026, NexGold has made a decision to pause the Feasibility Study at Goliath to assess various alternatives for Goliath to yield the optimum plan and configuration for the project, including; Undertake an infill drill program at Goldlund to improve mineral resource definition at depth. Additional exploration activities to focus on discovery and mineral resource growth across the entire Goliath property package. Further environmental work, including baseline studies and technical studies, will be initiated or advanced to support the permitting process, in collaboration with First Nation communities and stakeholders.