Announcement , ,

NevGold Hits 12.42 g/t AuEq Oxide Gold-Antimony in Nevada

NevGold – Limousine Butte Gold-Antimony Drill Results

NevGold Intercepts 12.42 g/t AuEq Oxide Gold-Antimony at Limousine Butte

February 10, 2026 — NevGold Corp. (TSXV: NAU | OTCQX: NAUFF | Frankfurt: 5E50) announces further positive oxide gold-antimony drill results from the Bullet Zone discovery at its Limousine Butte Project in Nevada. All drillholes with assays have intercepted significant gold-antimony mineralization, expanding the mineralization footprint.

  • 12.42 g/t AuEq over 3.1 meters (3.06% Sb & 0.53 g/t Au)
  • Contained within 3.30 g/t AuEq over 32.0 meters (0.63% Sb & 0.87 g/t Au)
  • All Bullet Zone holes with assays intercepted significant oxide gold-antimony mineralization
  • Step-outs expand mineralization >150m to the east
  • 30 holes completed in 2025-2026 drill program
  • Supports a dual track development path focused on antimony production and initial gold-antimony MRE

*Gold equivalents (AuEq) based on assumed prices of US$3,000/oz Au & US$40,000/tonne Sb, and assumed recoveries (80% Au; 75% Sb)

Figure 1 – Resurrection Ridge target area with Bullet Zone discovery
Figure 1. Resurrection Ridge target area with Bullet Zone discovery.
Figure 2 – Long section with 2025 drilling and Bullet Zone results
Figure 2. Long section with 2025 drilling and Bullet Zone discovery results.
Figure 3 – Long section showing discovery east of Resurrection Ridge
Figure 3. Long section showing discovery over 150m east of Resurrection Ridge drilling.
Figure 4 – New geological model vs historical
Figure 4. Comparison of historical and new geological models — thrust dolomite over Pilot Shale.
Figure 5 – Large cross section showing expansion potential
Figure 5. Large cross section showing expansion potential between Resurrection Ridge and Crashed Airplane Valley.
Figure 6 – Limousine Butte Project map with historical antimony
Figure 6. Limousine Butte Project map with historical antimony rock chip and soil data.
Figure 7 – Limousine Butte land holdings and district exploration
Figure 7. Limousine Butte land holdings and district exploration activity.

2025–2026 Drill Results

Hole ID Length (m) Au (g/t) Sb (%) AuEq (g/t) From (m) To (m)
LB25-01932.00.870.633.3077.7109.7
… including15.30.881.095.1389.9105.2
… including3.10.533.0612.42102.1105.2
LB25-01345.80.200.200.9759.4105.2
LB25-01436.60.100.190.8432.068.6
LB25-01532.00.430.060.660.032.0

Importance of Antimony

Antimony is designated a “Critical Mineral” in the United States due to its role in defense and technology. It is used in ammunition, armor piercing rounds, night vision, optics, semiconductors, batteries, and more. With global supply concentrated outside the U.S., domestic sources like Limousine Butte are strategically important.

Contact

Brandon Bonifacio, President & CEO

Email: bbonifacio@nev-gold.com | Phone: +1 604-337-4997

Website: www.nev-gold.com

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from NAU of US$100,000 cash for a twelve-month marketing contract. This message is for informational and educational purposes only and does not provide investment advice.

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