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

Original announcement by orestocks on Sep 23, 2026

Bullish

Company: NexGold Mining Corp.
Ticker: NEXG.V
Exchange: Unavailable
Region: Ontario
Primary commodity: Gold
Secondary commodities: None reported
Document categories: Drill results
Extracted: 2026-09-23 11:42:54 UTC

Atlas analysis published: Sep 23, 2026

Minestarters Atlas analysis

Summary

NexGold Mining Corp. announced significant drill results from its Goldlund Deposit in Ontario, including 14.07 g/t gold over 7.0 metres and 9.76 g/t gold over 8.0 metres. These results, part of an ongoing 35,000-metre program, demonstrate grade continuity at depth and extend mineralization within Zone 4, supporting future Mineral Resource assessments. The company reported robust QA/QC protocols, though true widths are not consistently stated and compositing cut-off grades are not disclosed.

Reasoning: NexGold's latest drill results from the Goldlund Deposit are highly positive, featuring several high-grade intercepts that surpass the project's historical average and best-known GT product, indicating strong mineralization continuity and extension. The program's dual focus on infill and extension drilling, coupled with robust QA/QC, de-risks the project and supports future resource growth. However, the lack of consistent true width reporting and undisclosed cut-off grades introduce some uncertainty regarding the actual thickness and economic parameters of the intercepts.

Positive factors

High-grade intercepts, including 95.70 g/t gold over 1.0m and 14.07 g/t gold over 7.0m, significantly exceed the project's historical average grade and best GT product.
The drill program successfully demonstrates grade continuity at depth and extends mineralization within Zone 4, supporting future resource assessments.
The program is focused on both infilling and extending mineralization, indicating progress towards resource definition and growth.
Comprehensive QA/QC procedures are disclosed, including certified labs, blanks, standards, duplicates, and check assays, enhancing data reliability.

Negative factors

True widths are not consistently stated, with some intervals estimated to be significantly less than reported downhole lengths, potentially overstating thickness.
No cut-off grade for compositing is disclosed, which reduces transparency regarding interval calculation.

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

Facts used in scoring: 58

Classification and evidence

Bonanza Interceptpositive

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

Why it applies: The intercept of 95.70 g/t gold over 1.0 metres in drill hole GL-26-034 is exceptionally high-grade, well above the deposit-type norm and the project's historical best grade.

Evidence · text

“including 95.70 g/t gold over 1.0 metres in drill hole GL-26-034”

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 QA/QC disclosure, mentioning certified labs (Activation Laboratories Ltd. and AGAT Laboratories), QP sign-off (Paul McNeill, P.Geo.), and stated methods (blanks, standards, duplicates, umpire/check assays).

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. Drill core is sawed in half with one-half of the core sample dispatched to the Activation Laboratories Ltd. laboratory 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 20thsample. The laboratory, which is independent of the Company, 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 independent 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 reported intervals are drilled core lengths and do not indicate true widths, with true widths typically varying from 50 to 75% of the interval length, and 25-50% for hole GL-26-033.

Evidence · text

“Reported intervals are drilled core lengths and do not indicate true widths. True widths typically vary from 50 to 75% of the interval length, except for hole GL-26-033, where true width is estimated from 25 to 50% of interval length due to the steeper inclination drilled.”

Cut-off Undisclosednegative

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

Why it applies: The release states 'All grades are uncapped' but does not disclose the cut-off grade used for compositing the reported intervals.

Evidence · text

“All grades are uncapped.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill program is explicitly focused on 'infilling' mineralization within Zone 4 of the Goldlund Deposit.

Evidence · text

“focused on infilling and testing the extension of mineralization within Zone 4 of the Goldlund Deposit.”

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill program is explicitly focused on 'testing the extension of mineralization' within Zone 4 of the Goldlund Deposit.

Evidence · text

“focused on infilling and testing the extension of mineralization within Zone 4 of the Goldlund Deposit.”

Extracted facts

Stored fact records: 58. Some facts used in scoring do not have a stored record.

Drill Results (58)

GL-26-034Goldlund Deposit · goldGrade: 14.07Grade Unit: g/tIntercept: 7 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 14.07
Grade Unit: g/t
Intercept: 7 m
From: 187 m
To: 194 m
Hole Depth: 405 m
Intercept Depth: 187 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:187-194
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This intercept in GL-26-034 is a high-grade result, significantly above the project average and exceeding previous best GT, indicating strong mineralization. While true width is not explicitly stated, the overall grade and length are highly material and novel for the project.

Positive factors

High-grade intercept (14.07 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
The grade-thickness product (98.49 g/t*m) is higher than the project's best historical GT (84.3 g/t*m).
This intercept contributes to demonstrating grade continuity at depth and extending mineralization.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“14.07 g/t gold over 7.0 metres (from 187.0 to 194.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 95.7Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 95.7
Grade Unit: g/t
Intercept: 1 m
From: 187 m
To: 188 m
Hole Depth: 405 m
Intercept Depth: 187 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:187-188
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This bonanza-grade sub-interval is an exceptional result, representing the highest grade reported for the project to date and significantly enhancing the overall prospectivity of the broader intercept. Its novelty and materiality are very high.

Positive factors

Exceptional high-grade intercept (95.70 g/t Au) significantly exceeds the project's best historical grade (84.3 g/t Au).
This bonanza grade sub-interval within a broader high-grade zone indicates very strong mineralization.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 95.70 g/t gold over 1.0 metres in drill hole GL-26-034”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 9.76Grade Unit: g/tIntercept: 8 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 9.76
Grade Unit: g/t
Intercept: 8 m
From: 170 m
To: 178 m
Hole Depth: 405 m
Intercept Depth: 170 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:170-178
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This is another strong intercept in GL-26-034, well above the project average and contributing positively to the overall mineralization profile. Its materiality is high, reinforcing the continuity of high-grade zones.

Positive factors

High-grade intercept (9.76 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
The grade-thickness product (78.08 g/t*m) is strong and close to the project's best historical GT.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“9.76 g/t gold over 8.0 metres (from 170.0 to 178.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 74.1Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 74.1
Grade Unit: g/t
Intercept: 1 m
From: 173 m
To: 174 m
Hole Depth: 405 m
Intercept Depth: 170 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:173-174
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This sub-interval represents a very high-grade zone, reinforcing the strong mineralization within the broader intercept and contributing significantly to the overall positive sentiment of the drill results.

Positive factors

Very high-grade sub-interval (74.10 g/t Au) within a broader high-grade zone, close to the project's best historical grade.
Indicates strong localized mineralization.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 74.10 g/t gold over 1.0 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 2.84Grade Unit: g/tIntercept: 13 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.84
Grade Unit: g/t
Intercept: 13 m
From: 205 m
To: 218 m
Hole Depth: 405 m
Intercept Depth: 205 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:205-218
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This intercept, while below the project average grade, still represents a good width of mineralization and includes a high-grade sub-interval, contributing positively to the overall resource potential.

Positive factors

Moderate-grade intercept over a good width (13.0m), contributing to overall mineralization continuity.
Includes a high-grade sub-interval.

Negative factors

Grade (2.84 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“2.84 g/t gold over 13.0 metres (from 205.0 to 218.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 21.7Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 21.7
Grade Unit: g/t
Intercept: 1.2 m
From: 216.8 m
To: 218 m
Hole Depth: 405 m
Intercept Depth: 205 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:216.8-218
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade sub-interval enhances the overall prospectivity of the broader intercept, demonstrating localized high-grade mineralization.

Positive factors

High-grade sub-interval (21.70 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization within the broader zone.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 21.70 g/t gold over 1.2 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 53Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 53
Grade Unit: g/t
Intercept: 1 m
From: 74 m
To: 75 m
Hole Depth: 405 m
Intercept Depth: 74 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:74-75
Mining Method: open_pit

Location

Location: Interzone
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This very high-grade intercept, though narrow, is highly material and contributes significantly to the overall positive sentiment, indicating strong localized mineralization.

Positive factors

Very high-grade intercept (53.00 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization at shallower depth.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“53.00 g/t gold over 1.0 metres (from 74.0 to 75.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 0.55Grade Unit: g/tIntercept: 29.7 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.55
Grade Unit: g/t
Intercept: 29.7 m
From: 243.5 m
To: 273.2 m
Hole Depth: 405 m
Intercept Depth: 243.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:243.5-273.2
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad intercept, while low-grade, indicates significant mineralized width, which can be material for open-pit scenarios. The presence of a higher-grade sub-interval adds to its prospectivity.

Positive factors

Broad intercept (29.7m) indicates significant width of mineralization, which is positive for bulk tonnage potential.
Includes a higher-grade sub-interval.

Negative factors

Grade (0.55 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“0.55 g/t gold over 29.7 metres (from 243.5 to 273.2 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 7.61Grade Unit: g/tIntercept: 1.2 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 7.61
Grade Unit: g/t
Intercept: 1.2 m
From: 272 m
To: 273.2 m
Hole Depth: 405 m
Intercept Depth: 243.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:272-273.2
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader low-grade zone is positive, indicating localized higher-grade mineralization that could contribute to overall resource quality.

Positive factors

High-grade sub-interval (7.61 g/t Au) within a broader low-grade zone, exceeding the project's average grade (6.934 g/t Au).
Indicates localized higher-grade mineralization within the broader mineralized envelope.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 7.61 g/t gold over 1.2 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-032Goldlund Deposit · goldGrade: 2.23Grade Unit: g/tIntercept: 15.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-032
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.23
Grade Unit: g/t
Intercept: 15.5 m
From: 123.5 m
To: 139 m
Hole Depth: 501 m
Intercept Depth: 123.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-032:123.5-139
Mining Method: open_pit

Location

Location: Zone 50
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 128 °
Dip: -55 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This intercept, while below the project average grade, still represents a good width of mineralization and includes very high-grade sub-intervals, contributing positively to the overall resource potential.

Positive factors

Moderate-grade intercept over a good width (15.5m), contributing to overall mineralization continuity.
Includes very high-grade sub-intervals.

Negative factors

Grade (2.23 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“2.23 g/t gold over 15.5 metres (from 123.5 to 139.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-032Goldlund Deposit · goldGrade: 40.5Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-032
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 40.5
Grade Unit: g/t
Intercept: 0.5 m
From: 123.5 m
To: 124 m
Hole Depth: 501 m
Intercept Depth: 123.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-032:123.5-124
Mining Method: open_pit

Location

Location: Zone 50
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 128 °
Dip: -55 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This very high-grade sub-interval enhances the overall prospectivity of the broader intercept, demonstrating localized high-grade mineralization.

Positive factors

Very high-grade sub-interval (40.50 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 40.50 g/t gold over 0.5 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-032Goldlund Deposit · goldGrade: 3.97Grade Unit: g/tIntercept: 0.8 mView all details

Link to this fact

Identity

Hole ID: GL-26-032
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 3.97
Grade Unit: g/t
Intercept: 0.8 m
From: 136.2 m
To: 137 m
Hole Depth: 501 m
Intercept Depth: 123.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-032:136.2-137
Mining Method: open_pit

Location

Location: Zone 50
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 128 °
Dip: -55 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (3.97 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (3.97 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“and including 3.97 g/t gold over 0.8 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-032Goldlund Deposit · goldGrade: 1.49Grade Unit: g/tIntercept: 9.1 mView all details

Link to this fact

Identity

Hole ID: GL-26-032
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.49
Grade Unit: g/t
Intercept: 9.1 m
From: 433.9 m
To: 443 m
Hole Depth: 501 m
Intercept Depth: 433.9 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-032:433.9-443
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 128 °
Dip: -55 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This intercept, while low-grade, provides evidence of mineralization at depth and includes higher-grade sub-intervals, supporting the extension potential of the deposit.

Positive factors

Moderate-grade intercept over a good width (9.1m) at depth, contributing to overall mineralization continuity.
Includes higher-grade sub-intervals.

Negative factors

Grade (1.49 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“1.49 g/t gold over 9.1 metres (from 433.9 to 443.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-032Goldlund Deposit · goldGrade: 6.5Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: GL-26-032
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 6.5
Grade Unit: g/t
Intercept: 0.7 m
From: 439.8 m
To: 440.5 m
Hole Depth: 501 m
Intercept Depth: 433.9 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-032:439.8-440.5
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 128 °
Dip: -55 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept at depth, supporting continuity.

Positive factors

Moderate-grade sub-interval (6.50 g/t Au) contributes to the overall mineralization within the broader zone at depth.

Negative factors

Grade (6.50 g/t Au) is slightly below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 6.50 g/t gold over 0.7 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-032Goldlund Deposit · goldGrade: 9.25Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-032
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 9.25
Grade Unit: g/t
Intercept: 0.5 m
From: 442.5 m
To: 443 m
Hole Depth: 501 m
Intercept Depth: 433.9 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-032:442.5-443
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 128 °
Dip: -55 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader low-grade zone is positive, indicating localized higher-grade mineralization at depth that could contribute to overall resource quality.

Positive factors

High-grade sub-interval (9.25 g/t Au) within a broader low-grade zone, exceeding the project's average grade (6.934 g/t Au).
Indicates localized higher-grade mineralization at depth.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“and 9.25 g/t gold over 0.5 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 1.25Grade Unit: g/tIntercept: 22 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.25
Grade Unit: g/t
Intercept: 22 m
From: 166 m
To: 188 m
Hole Depth: 402 m
Intercept Depth: 166 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:166-188
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad intercept, while low-grade, indicates significant mineralized width. However, the low estimated true width reduces its overall materiality, despite the presence of a high-grade sub-interval.

Positive factors

Broad intercept (22.0m) indicates significant width of mineralization, which is positive for bulk tonnage potential.
Includes a very high-grade sub-interval.

Negative factors

Grade (1.25 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · text

“1.25 g/t gold over 22.0 metres (from 166.0 to 188.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 40.5Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 40.5
Grade Unit: g/t
Intercept: 0.5 m
From: 174.5 m
To: 175 m
Hole Depth: 402 m
Intercept Depth: 166 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:174.5-175
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This very high-grade sub-interval enhances the overall prospectivity of the broader intercept, demonstrating localized high-grade mineralization, though true width is a concern.

Positive factors

Very high-grade sub-interval (40.50 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization.

Negative factors

True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 40.50 g/t gold over 0.5 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 0.84Grade Unit: g/tIntercept: 42.8 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.84
Grade Unit: g/t
Intercept: 42.8 m
From: 245.7 m
To: 288.5 m
Hole Depth: 402 m
Intercept Depth: 245.7 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:245.7-288.5
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This very broad intercept, while low-grade, indicates significant mineralized width. However, the low estimated true width reduces its overall materiality, despite the presence of high-grade sub-intervals.

Positive factors

Very broad intercept (42.8m) indicates significant width of mineralization, which is positive for bulk tonnage potential.
Includes higher-grade sub-intervals.

Negative factors

Grade (0.84 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · text

“0.84 g/t gold over 42.8 metres (from 245.7 to 288.5 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 7.04Grade Unit: g/tIntercept: 1.3 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 7.04
Grade Unit: g/t
Intercept: 1.3 m
From: 249.5 m
To: 250.8 m
Hole Depth: 402 m
Intercept Depth: 245.7 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:249.5-250.8
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade sub-interval within a broader low-grade zone is positive, indicating localized higher-grade mineralization that could contribute to overall resource quality, though true width is a concern.

Positive factors

High-grade sub-interval (7.04 g/t Au) within a broader low-grade zone, exceeding the project's average grade (6.934 g/t Au).
Indicates localized higher-grade mineralization within the broader mineralized envelope.

Negative factors

True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 7.04 g/t gold over 1.3 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 3.91Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 3.91
Grade Unit: g/t
Intercept: 1 m
From: 273 m
To: 274 m
Hole Depth: 402 m
Intercept Depth: 245.7 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:273-274
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity, though true width is a concern.

Positive factors

Moderate-grade sub-interval (3.91 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (3.91 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · text

“and 3.91 g/t gold over 1.0 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-039AGoldlund Deposit · goldGrade: 1.51Grade Unit: g/tIntercept: 17.1 mView all details

Link to this fact

Identity

Hole ID: GL-26-039A
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.51
Grade Unit: g/t
Intercept: 17.1 m
From: 218.9 m
To: 236 m
Hole Depth: 327 m
Intercept Depth: 218.9 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-039A:218.9-236
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547072
Northing: 5527762
CRS: NAD83 Zone 15N
Elevation: 426 m
Azimuth: 121 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This intercept, while low-grade, still represents a good width of mineralization and includes high-grade sub-intervals, contributing positively to the overall resource potential.

Positive factors

Moderate-grade intercept over a good width (17.1m), contributing to overall mineralization continuity.
Includes high-grade sub-intervals.

Negative factors

Grade (1.51 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“1.51 g/t gold over 17.1 metres (from 218.9 to 236.0 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-039AGoldlund Deposit · goldGrade: 13.8Grade Unit: g/tIntercept: 0.6 mView all details

Link to this fact

Identity

Hole ID: GL-26-039A
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 13.8
Grade Unit: g/t
Intercept: 0.6 m
From: 218.9 m
To: 219.5 m
Hole Depth: 327 m
Intercept Depth: 218.9 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-039A:218.9-219.5
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547072
Northing: 5527762
CRS: NAD83 Zone 15N
Elevation: 426 m
Azimuth: 121 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade sub-interval enhances the overall prospectivity of the broader intercept, demonstrating localized high-grade mineralization.

Positive factors

High-grade sub-interval (13.80 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 13.80 g/t gold over 0.6 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-039AGoldlund Deposit · goldGrade: 5.98Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-039A
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 5.98
Grade Unit: g/t
Intercept: 1 m
From: 225.5 m
To: 226.5 m
Hole Depth: 327 m
Intercept Depth: 218.9 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-039A:225.5-226.5
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547072
Northing: 5527762
CRS: NAD83 Zone 15N
Elevation: 426 m
Azimuth: 121 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (5.98 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (5.98 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“and 5.98 g/t gold over 1.0 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-039AGoldlund Deposit · goldGrade: 2.04Grade Unit: g/tIntercept: 6.2 mView all details

Link to this fact

Identity

Hole ID: GL-26-039A
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.04
Grade Unit: g/t
Intercept: 6.2 m
From: 196.2 m
To: 202.4 m
Hole Depth: 327 m
Intercept Depth: 196.2 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-039A:196.2-202.4
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547072
Northing: 5527762
CRS: NAD83 Zone 15N
Elevation: 426 m
Azimuth: 121 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Positive factors

Moderate-grade intercept over a good width (6.2m), contributing to overall mineralization continuity.
Includes a high-grade sub-interval.

Negative factors

Grade (2.04 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“2.04 g/t gold over 6.2 metres (from 196.2 to 202.4 metres)”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-039AGoldlund Deposit · goldGrade: 15.5Grade Unit: g/tIntercept: 0.6 mView all details

Link to this fact

Identity

Hole ID: GL-26-039A
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 15.5
Grade Unit: g/t
Intercept: 0.6 m
From: 201.8 m
To: 202.4 m
Hole Depth: 327 m
Intercept Depth: 196.2 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-039A:201.8-202.4
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547072
Northing: 5527762
CRS: NAD83 Zone 15N
Elevation: 426 m
Azimuth: 121 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade sub-interval enhances the overall prospectivity of the broader intercept, demonstrating localized high-grade mineralization.

Positive factors

High-grade sub-interval (15.50 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · text

“including 15.50 g/t gold over 0.6 metres”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-031Goldlund Deposit · goldGrade: 2.05Grade Unit: g/tIntercept: 2.8 mView all details

Link to this fact

Identity

Hole ID: GL-26-031
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.05
Grade Unit: g/t
Intercept: 2.8 m
From: 66.8 m
To: 69.6 m
Hole Depth: 450 m
Intercept Depth: 66.8 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-031:66.8-69.6
Mining Method: open_pit

Location

Location: Zone 50
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 131 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade intercept, while narrow and below average, adds to the overall mineralized footprint.

Positive factors

Moderate-grade intercept contributes to the overall mineralization footprint.

Negative factors

Grade (2.05 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“2.05”

Context: 2.8

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-031Goldlund Deposit · goldGrade: 42.3Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-031
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 42.3
Grade Unit: g/t
Intercept: 1 m
From: 300 m
To: 301 m
Hole Depth: 450 m
Intercept Depth: 66.8 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-031:300-301
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 131 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This very high-grade intercept is highly material, indicating strong localized mineralization at depth and contributing significantly to the overall positive sentiment.

Positive factors

Very high-grade intercept (42.30 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization at depth.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“42.30”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-031Goldlund Deposit · goldGrade: 0.3Grade Unit: g/tIntercept: 17 mView all details

Link to this fact

Identity

Hole ID: GL-26-031
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.3
Grade Unit: g/t
Intercept: 17 m
From: 309 m
To: 326 m
Hole Depth: 450 m
Intercept Depth: 66.8 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-031:309-326
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 131 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad, but weak-grade, intercept indicates a wide zone of mineralization, which could be relevant for bulk tonnage, but its low grade reduces overall materiality.

Positive factors

Broad intercept (17.0m) indicates significant width of mineralization, which is positive for bulk tonnage potential.

Negative factors

Grade (0.30 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.30”

Context: 17.0

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-031Goldlund Deposit · goldGrade: 2.42Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-031
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.42
Grade Unit: g/t
Intercept: 1 m
From: 325 m
To: 326 m
Hole Depth: 450 m
Intercept Depth: 66.8 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-031:325-326
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 131 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (2.42 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (2.42 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“2.42”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-031Goldlund Deposit · goldGrade: 0.36Grade Unit: g/tIntercept: 17.8 mView all details

Link to this fact

Identity

Hole ID: GL-26-031
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.36
Grade Unit: g/t
Intercept: 17.8 m
From: 355.1 m
To: 372.9 m
Hole Depth: 450 m
Intercept Depth: 66.8 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-031:355.1-372.9
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546884
Northing: 5527816
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 131 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad, but weak-grade, intercept indicates a wide zone of mineralization, which could be relevant for bulk tonnage, but its low grade reduces overall materiality.

Positive factors

Broad intercept (17.8m) indicates significant width of mineralization, which is positive for bulk tonnage potential.

Negative factors

Grade (0.36 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.36”

Context: 17.8

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 1.01Grade Unit: g/tIntercept: 6 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.01
Grade Unit: g/t
Intercept: 6 m
From: 21 m
To: 27 m
Hole Depth: 402 m
Intercept Depth: 21 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:21-27
Mining Method: open_pit

Location

Location: Interzone
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade intercept, while below average and with true width concerns, adds to the overall mineralized footprint at shallow depth.

Positive factors

Moderate-grade intercept contributes to the overall mineralization footprint at shallow depth.

Negative factors

Grade (1.01 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · table

“1.01”

Context: 6.0

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 3.85Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 3.85
Grade Unit: g/t
Intercept: 1 m
From: 21 m
To: 22 m
Hole Depth: 402 m
Intercept Depth: 21 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:21-22
Mining Method: open_pit

Location

Location: Interzone
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity, though true width is a concern.

Positive factors

Moderate-grade sub-interval (3.85 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (3.85 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · table

“3.85”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 7.26Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 7.26
Grade Unit: g/t
Intercept: 1 m
From: 38 m
To: 39 m
Hole Depth: 402 m
Intercept Depth: 21 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:38-39
Mining Method: open_pit

Location

Location: Interzone
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade intercept is positive, indicating localized higher-grade mineralization at shallow depth, though true width is a concern.

Positive factors

High-grade intercept (7.26 g/t Au) exceeds the project's average grade (6.934 g/t Au).
Indicates localized higher-grade mineralization at shallow depth.

Negative factors

True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · table

“7.26”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 1.19Grade Unit: g/tIntercept: 6.2 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.19
Grade Unit: g/t
Intercept: 6.2 m
From: 293.8 m
To: 300 m
Hole Depth: 402 m
Intercept Depth: 21 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:293.8-300
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade intercept, while below average and with true width concerns, adds to the overall mineralized footprint.

Positive factors

Moderate-grade intercept over a good width (6.2m), contributing to overall mineralization continuity.

Negative factors

Grade (1.19 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · table

“1.19”

Context: 6.2

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 3.09Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 3.09
Grade Unit: g/t
Intercept: 1 m
From: 299 m
To: 300 m
Hole Depth: 402 m
Intercept Depth: 21 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:299-300
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity, though true width is a concern.

Positive factors

Moderate-grade sub-interval (3.09 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (3.09 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · table

“3.09”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 2.13Grade Unit: g/tIntercept: 5.7 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.13
Grade Unit: g/t
Intercept: 5.7 m
From: 309 m
To: 314.7 m
Hole Depth: 402 m
Intercept Depth: 21 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:309-314.7
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade intercept, while below average and with true width concerns, adds to the overall mineralized footprint.

Positive factors

Moderate-grade intercept over a good width (5.7m), contributing to overall mineralization continuity.

Negative factors

Grade (2.13 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · table

“2.13”

Context: 5.7

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-033Goldlund Deposit · goldGrade: 10.7Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-033
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 10.7
Grade Unit: g/t
Intercept: 1 m
From: 310 m
To: 311 m
Hole Depth: 402 m
Intercept Depth: 21 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-033:310-311
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546699
Northing: 5527562
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 140 °
Dip: -70 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This high-grade sub-interval enhances the overall prospectivity of the broader intercept, demonstrating localized high-grade mineralization, though true width is a concern.

Positive factors

High-grade sub-interval (10.70 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization.

Negative factors

True width is estimated to be 25-50% of the reported interval due to steeper inclination, indicating a significant overstatement of actual thickness.
Cut-off grade for compositing is not disclosed.

Evidence · table

“10.70”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 0.7Grade Unit: g/tIntercept: 9.9 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.7
Grade Unit: g/t
Intercept: 9.9 m
From: 223 m
To: 232.9 m
Hole Depth: 405 m
Intercept Depth: 74 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:223-232.9
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate width, weak-grade intercept adds to the overall mineralized footprint, but its low grade reduces overall materiality.

Positive factors

Moderate width intercept (9.9m) contributes to the overall mineralization footprint.
Includes a higher-grade sub-interval.

Negative factors

Grade (0.70 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.70”

Context: 9.9

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 4.18Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 4.18
Grade Unit: g/t
Intercept: 1 m
From: 223 m
To: 224 m
Hole Depth: 405 m
Intercept Depth: 74 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:223-224
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (4.18 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (4.18 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“4.18”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 0.95Grade Unit: g/tIntercept: 5.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.95
Grade Unit: g/t
Intercept: 5.5 m
From: 299 m
To: 304.5 m
Hole Depth: 405 m
Intercept Depth: 74 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:299-304.5
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate width, weak-grade intercept adds to the overall mineralized footprint, but its low grade reduces overall materiality.

Positive factors

Moderate width intercept (5.5m) contributes to the overall mineralization footprint.
Includes a higher-grade sub-interval.

Negative factors

Grade (0.95 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.95”

Context: 5.5

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-034Goldlund Deposit · goldGrade: 4.01Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-034
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 4.01
Grade Unit: g/t
Intercept: 1 m
From: 303.5 m
To: 304.5 m
Hole Depth: 405 m
Intercept Depth: 74 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-034:303.5-304.5
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
Dip: -54 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (4.01 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (4.01 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“4.01”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-035Goldlund Deposit · goldGrade: 1.02Grade Unit: g/tIntercept: 6 mView all details

Link to this fact

Identity

Hole ID: GL-26-035
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.02
Grade Unit: g/t
Intercept: 6 m
From: 85.5 m
To: 91.5 m
Hole Depth: 372 m
Intercept Depth: 85.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-035:85.5-91.5
Mining Method: open_pit

Location

Location: Interzone
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade intercept, while below average and with true width concerns, adds to the overall mineralized footprint at shallow depth.

Positive factors

Moderate-grade intercept contributes to the overall mineralization footprint at shallow depth.

Negative factors

Grade (1.02 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“1.02”

Context: 6.0

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-035Goldlund Deposit · goldGrade: 4.05Grade Unit: g/tIntercept: 1.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-035
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 4.05
Grade Unit: g/t
Intercept: 1.5 m
From: 90 m
To: 91.5 m
Hole Depth: 372 m
Intercept Depth: 85.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-035:90-91.5
Mining Method: open_pit

Location

Location: Interzone
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (4.05 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (4.05 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“4.05”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-035Goldlund Deposit · goldGrade: 0.46Grade Unit: g/tIntercept: 17 mView all details

Link to this fact

Identity

Hole ID: GL-26-035
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.46
Grade Unit: g/t
Intercept: 17 m
From: 195 m
To: 212 m
Hole Depth: 372 m
Intercept Depth: 85.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-035:195-212
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad, but weak-grade, intercept indicates a wide zone of mineralization, which could be relevant for bulk tonnage, but its low grade reduces overall materiality.

Positive factors

Broad intercept (17.0m) indicates significant width of mineralization, which is positive for bulk tonnage potential.

Negative factors

Grade (0.46 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.46”

Context: 17.0

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-035Goldlund Deposit · goldGrade: 2.92Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-035
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.92
Grade Unit: g/t
Intercept: 1 m
From: 207 m
To: 208 m
Hole Depth: 372 m
Intercept Depth: 85.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-035:207-208
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (2.92 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (2.92 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“2.92”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-035Goldlund Deposit · goldGrade: 0.57Grade Unit: g/tIntercept: 5.6 mView all details

Link to this fact

Identity

Hole ID: GL-26-035
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.57
Grade Unit: g/t
Intercept: 5.6 m
From: 219.4 m
To: 225 m
Hole Depth: 372 m
Intercept Depth: 85.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-035:219.4-225
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate width, weak-grade intercept adds to the overall mineralized footprint, but its low grade reduces overall materiality.

Positive factors

Moderate width intercept (5.6m) contributes to the overall mineralization footprint.

Negative factors

Grade (0.57 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.57”

Context: 5.6

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-035Goldlund Deposit · goldGrade: 0.43Grade Unit: g/tIntercept: 14.8 mView all details

Link to this fact

Identity

Hole ID: GL-26-035
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.43
Grade Unit: g/t
Intercept: 14.8 m
From: 239 m
To: 253.8 m
Hole Depth: 372 m
Intercept Depth: 85.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-035:239-253.8
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546768
Northing: 5527647
CRS: NAD83 Zone 15N
Elevation: 418 m
Azimuth: 129 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad, but weak-grade, intercept indicates a wide zone of mineralization, which could be relevant for bulk tonnage, but its low grade reduces overall materiality.

Positive factors

Broad intercept (14.8m) indicates significant width of mineralization, which is positive for bulk tonnage potential.

Negative factors

Grade (0.43 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.43”

Context: 14.8

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-036Goldlund Deposit · goldGrade: 1.02Grade Unit: g/tIntercept: 3 mView all details

Link to this fact

Identity

Hole ID: GL-26-036
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.02
Grade Unit: g/t
Intercept: 3 m
From: 146 m
To: 149 m
Hole Depth: 192 m
Intercept Depth: 146 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-036:146-149
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546691
Northing: 5527494
CRS: NAD83 Zone 15N
Elevation: 410 m
Azimuth: 128 °
Dip: -52 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade intercept, while below average, adds to the overall mineralized footprint.

Positive factors

Moderate-grade intercept contributes to the overall mineralization footprint.

Negative factors

Grade (1.02 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“1.02”

Context: 3.0

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-036Goldlund Deposit · goldGrade: 2.99Grade Unit: g/tIntercept: 0.7 mView all details

Link to this fact

Identity

Hole ID: GL-26-036
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.99
Grade Unit: g/t
Intercept: 0.7 m
From: 146 m
To: 146.7 m
Hole Depth: 192 m
Intercept Depth: 146 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-036:146-146.7
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546691
Northing: 5527494
CRS: NAD83 Zone 15N
Elevation: 410 m
Azimuth: 128 °
Dip: -52 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (2.99 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (2.99 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“2.99”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-037Goldlund Deposit · goldGrade: 1.07Grade Unit: g/tIntercept: 5.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-037
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 1.07
Grade Unit: g/t
Intercept: 5.5 m
From: 176.5 m
To: 182 m
Hole Depth: 327 m
Intercept Depth: 176.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-037:176.5-182
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546694
Northing: 5527607
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 132 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade intercept, while below average, adds to the overall mineralized footprint.

Positive factors

Moderate-grade intercept over a good width (5.5m), contributing to overall mineralization footprint.

Negative factors

Grade (1.07 g/t Au) is significantly below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“1.07”

Context: 5.5

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-037Goldlund Deposit · goldGrade: 3.17Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-037
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 3.17
Grade Unit: g/t
Intercept: 1 m
From: 181 m
To: 182 m
Hole Depth: 327 m
Intercept Depth: 176.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-037:181-182
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546694
Northing: 5527607
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 132 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (3.17 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (3.17 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“3.17”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-037Goldlund Deposit · goldGrade: 0.62Grade Unit: g/tIntercept: 14 mView all details

Link to this fact

Identity

Hole ID: GL-26-037
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.62
Grade Unit: g/t
Intercept: 14 m
From: 195 m
To: 209 m
Hole Depth: 327 m
Intercept Depth: 176.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-037:195-209
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546694
Northing: 5527607
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 132 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad, but weak-grade, intercept indicates a wide zone of mineralization, which could be relevant for bulk tonnage, but its low grade reduces overall materiality.

Positive factors

Broad intercept (14.0m) indicates significant width of mineralization, which is positive for bulk tonnage potential.

Negative factors

Grade (0.62 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.62”

Context: 14.0

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-037Goldlund Deposit · goldGrade: 2.31Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-037
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.31
Grade Unit: g/t
Intercept: 1 m
From: 206 m
To: 207 m
Hole Depth: 327 m
Intercept Depth: 176.5 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-037:206-207
Mining Method: open_pit

Location

Location: Zone 4
Easting: 546694
Northing: 5527607
CRS: NAD83 Zone 15N
Elevation: 415 m
Azimuth: 132 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (2.31 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (2.31 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“2.31”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-038Goldlund Deposit · goldGrade: 0.65Grade Unit: g/tIntercept: 8 mView all details

Link to this fact

Identity

Hole ID: GL-26-038
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.65
Grade Unit: g/t
Intercept: 8 m
From: 178 m
To: 186 m
Hole Depth: 300 m
Intercept Depth: 178 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-038:178-186
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547033
Northing: 5527739
CRS: NAD83 Zone 15N
Elevation: 423 m
Azimuth: 120 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate width, weak-grade intercept adds to the overall mineralized footprint, but its low grade reduces overall materiality.

Positive factors

Moderate width intercept (8.0m) contributes to the overall mineralization footprint.

Negative factors

Grade (0.65 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.65”

Context: 8.0

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-038Goldlund Deposit · goldGrade: 2.52Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-038
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 2.52
Grade Unit: g/t
Intercept: 1 m
From: 185 m
To: 186 m
Hole Depth: 300 m
Intercept Depth: 178 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-038:185-186
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547033
Northing: 5527739
CRS: NAD83 Zone 15N
Elevation: 423 m
Azimuth: 120 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (2.52 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (2.52 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“2.52”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-038Goldlund Deposit · goldGrade: 26.8Grade Unit: g/tIntercept: 0.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-038
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 26.8
Grade Unit: g/t
Intercept: 0.5 m
From: 192.9 m
To: 193.4 m
Hole Depth: 300 m
Intercept Depth: 178 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-038:192.9-193.4
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547033
Northing: 5527739
CRS: NAD83 Zone 15N
Elevation: 423 m
Azimuth: 120 °
Dip: -46 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This very high-grade intercept is highly material, indicating strong localized mineralization and contributing significantly to the overall positive sentiment.

Positive factors

Very high-grade intercept (26.80 g/t Au) significantly exceeds the project's average grade (6.934 g/t Au).
Indicates strong localized mineralization.

Negative factors

True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“26.80”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-040Goldlund Deposit · goldGrade: 0.81Grade Unit: g/tIntercept: 11.5 mView all details

Link to this fact

Identity

Hole ID: GL-26-040
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 0.81
Grade Unit: g/t
Intercept: 11.5 m
From: 216.1 m
To: 227.6 m
Hole Depth: 327 m
Intercept Depth: 216.1 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-040:216.1-227.6
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547102
Northing: 5527764
CRS: NAD83 Zone 15N
Elevation: 427 m
Azimuth: 119 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This broad, but weak-grade, intercept indicates a wide zone of mineralization, which could be relevant for bulk tonnage, but its low grade reduces overall materiality.

Positive factors

Broad intercept (11.5m) indicates significant width of mineralization, which is positive for bulk tonnage potential.

Negative factors

Grade (0.81 g/t Au) is significantly below the project's average grade (6.934 g/t Au) and is considered weak.
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“0.81”

Context: 11.5

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

GL-26-040Goldlund Deposit · goldGrade: 3.58Grade Unit: g/tIntercept: 1 mView all details

Link to this fact

Identity

Hole ID: GL-26-040
Project: Goldlund Deposit
Commodity: gold
Region: canada_on
Reported Region: canada_on
Ticker: NEXG.V

Geometry

Grade: 3.58
Grade Unit: g/t
Intercept: 1 m
From: 222.6 m
To: 223.6 m
Hole Depth: 327 m
Intercept Depth: 216.1 m

Classification

Deposit Type: orogenic
Program: mixed
Sample Type: drill
Group ID: GL-26-040:222.6-223.6
Mining Method: open_pit

Location

Location: Zone 4
Easting: 547102
Northing: 5527764
CRS: NAD83 Zone 15N
Elevation: 427 m
Azimuth: 119 °
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

Metal Equivalent

Assumptions Disclosed: No

Review

Needs Review: No
Interp. Status: scored
Historical: No

Dates

Event date: 2026-09-23T00:00:00.000Z

Reasoning: This moderate-grade sub-interval adds to the overall mineralized footprint within the broader intercept, supporting continuity.

Positive factors

Moderate-grade sub-interval (3.58 g/t Au) contributes to the overall mineralization within the broader zone.

Negative factors

Grade (3.58 g/t Au) is below the project's average grade (6.934 g/t Au).
True width is not stated, and is estimated to be 50-75% of the reported interval.
Cut-off grade for compositing is not disclosed.

Evidence · table

“3.58”

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 "mixed"

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: "The drill program, of which approximately 31,971 metres of the expanded 35-000 metre program have been completed, is foc"

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.