NevGold Fast-Tracking Antimony Production

🚨 BREAKING ALERT: NevGold Mobilizes Drill for Near-Term Antimony Production at Limo Butte! 🚨

NevGold Corp. (TSXV: NAU) just dropped massive news yesterday that could reshape the US Critical Minerals landscape! They’re fast-tracking antimony production from historical leach pads at their Limousine Butte Project in Nevada. This is one of the only near-term, at-surface antimony opportunities in the US, with a path to antimony metal production by 2027.

Key Highlights from the Announcement:

  • Drill Mobilization: Permits are in, and a drill rig is heading to site to test historical gold heap leach pads for antimony. Drilling wraps up in weeks, advancing to a Mineral Resource Estimate (MRE) by early Q2-2026.
  • High-Grade Potential: Phase 1 sampling showed areas with impressive 0.74% to 0.81% Sb grades in the leach pads – that’s oxide antimony at surface ready for leaching!
  • Metallurgical Wins: Acid leaching tests achieved up to 92% antimony recovery, producing metal on-site without third-party smelters. Bonus: It won’t impact future gold recovery from the pads.
  • Strategic Importance: Antimony is a top Critical Mineral for US national security (military tech, clean energy). With China restricting exports, this positions NevGold as a key domestic supplier.
  • US Government Push: Recent Executive Order invokes the Defense Production Act to fast-track permitting and funding for projects like this – expect expedited approvals!
  • Bigger Picture: Parallel development of a larger gold-antimony opportunity at Resurrection Ridge and Cadillac Valley, with 30 drill holes already completed and more planned for 2026.
  • Timeline: Near-term production scenarios could generate cash flow in 12-24 months, making this a staged, high-potential play.

Building on Our March 1st Update: Why NevGold’s Upside is Massive

As we discussed in our powerful March 1st alert, NevGold’s Limo Butte is poised to become only the second US company with a NI 43-101 compliant gold-antimony resource… and with significantly higher Sb grades than Perpetua Resources’ (PPTA) average of 0.07% Sb at Stibnite (valued at $650 per oz gold resources and a $3.9 billion market cap).

  • Historical Foundation: The historical 2009 resource showed 241,080 oz M&I grading 0.784 g/t Au (plus 50,700 oz inferred). Re-assaying revealed antimony in every gold hole, re-rating grades dramatically – e.g., Hole LB006 from 86.9m of 1.11 g/t Au to 86.9m of 2.46 g/t AuEq (with 0.30% Sb), and Hole LB040 from 54.9m of 1.20 g/t Au to 54.9m of 4.07 g/t AuEq (with 0.64% Sb).
  • Recent Drill Success: 30 new holes completed (12 holes assays pending), including February 18th hits like 8.51 g/t AuEq over 10.6m (within 2.32 g/t AuEq over 86.8m) in the high-grade Bullet Zone… with the Bullet Zone achieving a 100% hit rate! The maiden gold-antimony MRE is in progress and could help unlock significant shareholder value.

This leach pad advancement builds perfectly on those discoveries, accelerating NevGold toward near-term production and major re-rating.

CEO Brandon Bonifacio nailed it: “We have the opportunity to be one of the near-term solutions to building a fully integrated US antimony supply chain.” This is HUGE, especially with global supply chain disruptions due to the War in Iran and parallels to funded projects like Perpetua Resources (PPTA)’s Stibnite (which scored ~$80+ million DOD funding plus a $75 million equity investment from JP Morgan).

Stay tuned for more updates as drilling progresses. If you’re not already positioned in NevGold (TSXV: NAU), this might be your signal to research it immediately!

NevGold is NIA’s latest Nevada gold stock suggestion. NIA’s second to latest Nevada gold stock suggestion was Lahontan Gold (TSXV: LG) at $0.10 per share and it hit a new all-time high on Tuesday of $0.52 per share for a gain of 420% in only seven months!

Click here to read the full NevGold press release from yesterday!

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. NIA has received compensation from LG of US$50,000 cash for a six-month marketing contract. NIA’s President has purchased 200,000 shares of LG in the open market and intends to buy more shares. This message is for informational and educational purposes only and does not provide investment advice.