NevGold Extends Oxide Mineralization By Over 100 Meters: 7.27 g/t AuEq Over 3.0 Meters (6.18 g/t Au, 0.28% Sb) Within 1.55 g/t AuEq Over 32.0 Meters (0.92 g/t Au, 0.16% Sb); And 8.04 g/t AuEq Over 3.0 Meters (0.36 g/t Au, 1.98% Sb) Within 0.42% Sb Over 42.7 Meters

Vancouver, British Columbia, Oct. 22, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce additional gold-antimony assays from the 2026 drill program at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. These results have extended mineralization by over 100 meters to the east of the Resurrection Ridge resource, adding significant mineralization potential both inside and outside of the 2026 Mineral Resource Estimate (“MRE”) pit-shell released on July 15, 2026 (see News Release).

NevGold CEO, Brandon Bonifacio, comments: “We are extremely pleased with the progress in the 2026 drill program. This latest set of drill results continues to demonstrate the significant oxide gold-antimony potential at Limo Butte, extending mineralization by over 100 meters to the east, both inside and outside of the Resurrection Ridge MRE pit-shell. We are also consistently encountering grades above our current MRE grade profile, which will be important as we advance the current drill program and future resource updates. The mineralized system remains open, and our geological model continues to successfully identify and expand gold-antimony mineralization across the Project. With approximately 50 holes and 12,000 metres completed to date, and 38 holes still pending assays, we believe there is significant potential for additional growth.”