Announcement , ,

NevGold Discovers 5.51% Antimony Over 4.6 Meters Within 4.00 g/t AuEq Over 41.1 Meters

NevGold Intercepts Highest-Grade Oxide Antimony At Bullet Zone Discovery:
5.51% Sb Over 4.6m Within 4.00 g/t AuEq Over 41.1m at Limo Butte, Nevada

December 02, 2025 07:00 ET | Source: NevGold Corp.

NevGold Corp. (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) has announced further high-grade oxide antimony results from the newly discovered Bullet Zone at its Limousine Butte Project in Nevada. The discovery validates the company’s new geological model, dramatically expanding the mineralized footprint at Resurrection Ridge as NevGold advances toward an initial gold-antimony Mineral Resource Estimate (MRE).

NevGold Figure 1
Figure 1 – Resurrection Ridge target area and Bullet Zone discovery.
NevGold Figure 2
Figure 2 – Cross section showing LB25-009 antimony-gold grade profile.
NevGold Figure 3
Figure 3 – Golden Butte pit leach pads with strong antimony-gold potential.
NevGold Figure 4
Figure 4 – Expansion potential between Resurrection Ridge and Crashed Airplane Valley.
NevGold Figure 5
Figure 5 – Historical vs updated geological model validating preserved Pilot Shale.
NevGold Figure 6
Figure 6 – Limousine Butte Project with >5km Au-Sb strike length.
NevGold Figure 7
Figure 7 – Limousine Butte land holdings and district exploration activity.

Key Highlights

  • 5.51% Sb over 4.6m (highest antimony grade drilled to date).
  • 21.49 g/t AuEq over 4.6m inside a thick 41.1m at 4.00 g/t AuEq (LB25-009 Upper Zone).
  • New geology model validated — mineralization exists beneath thrust plate dolomite.
  • 18 holes completed; additional assays pending.
  • Historic Golden Butte leach pads show strong antimony-gold potential.
  • Antimony is a top-priority U.S. Critical Mineral essential for defense supply chains.

2025 Drill Results

Hole ID Length (m) g/t Au % Sb g/t AuEq From (m) To (m)
LB25-009 Upper41.10.290.96%4.0015.256.4
  including21.30.081.73%6.7935.156.4
  including4.60.065.51%21.4947.251.8
LB25-009 Lower6.10.120.15%0.71138.7144.8
LB25-00148.80.090.20%0.8893.0141.7
  including3.00.041.03%4.05100.6103.6
LB25-003 no significant values – post-mineral fault
LB25-002 Upper53.30.220.57%2.423.056.4
  including32.00.310.84%3.6019.851.8
  including4.60.293.76%14.9039.644.2
LB25-002 Lower57.90.450.03%0.58150.9208.8

True width approx. 70–90% of downhole thickness. AuEq uses US$3,000 gold & US$40,000/t Sb with 80%/75% recoveries.

Updated Geological Model

NevGold’s model shows the older dolomite was thrusted over the Pilot Shale, creating major structural traps for high-grade antimony-gold Carlin-type mineralization. LB25-002 and LB25-009 confirm this model and expand the preserved Pilot Shale over 1 km east of prior drilling.

U.S. Critical Minerals Strategy

The March 2025 U.S. Executive Order invokes the Defense Production Act to accelerate development of domestic mineral supply chains. Antimony is among the highest-priority Critical Minerals due to its military and technology applications. NevGold’s Limo Butte Project is emerging as one of America’s most advanced oxide antimony-gold assets.

About NevGold

NevGold is advancing its 100%-owned Limousine Butte and Cedar Wash projects in Nevada and its Nutmeg Mountain and Zeus projects in Idaho.

Past performance is not an indicator of future results. NIA has received compensation from NAU of US$100,000 cash for a 12-month marketing contract. This content is for informational and educational purposes only and does not provide investment advice.

Tag

Related NIA Alerts