{"id":4839,"date":"2025-10-30T20:52:10","date_gmt":"2025-10-31T00:52:10","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=4839"},"modified":"2025-11-02T04:18:33","modified_gmt":"2025-11-02T08:18:33","slug":"nevgold-nutmeg-mountain-one-of-americas-largest-undeveloped-oxide-gold-resources","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/nevgold-nutmeg-mountain-one-of-americas-largest-undeveloped-oxide-gold-resources\/","title":{"rendered":"NevGold (TSXV: NAU)&#8217;s Nutmeg Mountain: One of America&#8217;s Largest Undeveloped Oxide Gold Resources"},"content":{"rendered":"\n<p data-end=\"588\" data-start=\"459\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong data-end=\"1323\" data-start=\"1294\">NevGold (TSXV: NAU)<\/strong>&#8216;s Nutmeg Mountain is one of the largest undeveloped oxide gold resources remaining in the U.S. today, but nobody even knows it exists and <strong>NAU<\/strong> <span style=\"color:#e74c3c;\"><strong>dipped by 7.04%<\/strong><\/span> today to <strong data-end=\"1347\" data-start=\"1327\">$0.66 per share<\/strong> with a <strong data-end=\"1391\" data-start=\"1354\">market cap of only <\/strong><strong data-end=\"1415\" data-start=\"1396\">US$53.86 million<\/strong>.<\/span><\/span><\/p>\n\n<p data-end=\"588\" data-start=\"459\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">We <span style=\"color:#e74c3c;\"><strong>haven&#8217;t<\/strong><\/span> even <span style=\"color:#27ae60;\"><strong>discussed<\/strong><\/span> yet our <span style=\"color:#2980b9;\"><strong>real<\/strong><\/span> reason for liking <strong>NAU<\/strong>&#8230; the <strong data-end=\"1472\" data-start=\"1440\">Nutmeg Mountain Gold Project<\/strong>, located approximately <strong data-end=\"1528\" data-start=\"1496\">130 km southwest <\/strong><strong data-end=\"1528\" data-start=\"1496\">of<\/strong><strong data-end=\"1528\" data-start=\"1496\"> Perpetua Resources (PPTA)&#8217;s Stibnite<\/strong>&#8230; contains an <strong data-end=\"1582\" data-start=\"1542\">open-pit, <span style=\"color:#f1c40f;\">oxide gold<\/span> resource<\/strong> of:<\/span><\/span><\/p>\n\n<ul data-end=\"1676\" data-start=\"1589\">\n\t<li data-end=\"1636\" data-start=\"1589\">\n\t<p data-end=\"1636\" data-start=\"1591\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong data-end=\"1634\" data-start=\"1591\"><span style=\"color:#f1c40f;\">1.19 million oz<\/span> Indicated @ 0.50 g\/t Au<\/strong><\/span><\/span><\/p>\n\t<\/li>\n\t<li data-end=\"1676\" data-start=\"1637\">\n\t<p data-end=\"1676\" data-start=\"1639\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong data-end=\"1676\" data-start=\"1639\"><span style=\"color:#f1c40f;\">548,000 oz<\/span> Inferred @ 0.34 g\/t Au<\/strong><\/span><\/span><\/p>\n\t<\/li>\n<\/ul>\n\n<p data-end=\"1880\" data-start=\"1678\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">At its current market valuation, <strong>NevGold<\/strong> is trading at just <strong data-end=\"1765\" data-start=\"1738\">US$31 per ounce of gold<\/strong> based solely on its <strong>Idaho <span style=\"color:#f1c40f;\">oxide gold resource<\/span><\/strong> &mdash; <font color=\"#e74c3c\"><b>less than 1\/10th <\/b><\/font>of the <strong>per oz valuation<\/strong> being placed on&nbsp;<strong>Perpetua&rsquo;s ounces<\/strong>.<\/span><\/span><\/p>\n\n<p data-end=\"2130\" data-start=\"1882\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">Even more compelling, <strong data-end=\"1964\" data-start=\"1904\">Nutmeg Mountain&rsquo;s mineralization starts right at <span style=\"color:#2980b9;\">surface<\/span><\/strong>, with a <strong data-end=\"2013\" data-start=\"1973\">strip ratio expected to be <span style=\"color:#e74c3c;\">under<\/span> 1:1<\/strong> based on conceptual pit shells &mdash; <span style=\"color:#e74c3c;\"><strong>exceptionally low<\/strong><\/span> for a <span style=\"color:#2980b9;\"><strong>heap-leach<\/strong><\/span> operation, pointing to <strong><span style=\"color:#2980b9;\">robust<\/span> project economics<\/strong>.<\/span><\/span><\/p>\n\n<p data-end=\"2130\" data-start=\"1882\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>PPTA <span style=\"color:#27ae60;\">gained another 7.19%<\/span> today to $25.20 per share after JPMorgan&#8217;s <span style=\"color:#2980b9;\">huge<\/span><span style=\"color:#27ae60;\"> investment<\/span> this week through their <span style=\"color:#27ae60;\">new $1.5 trillion<\/span> U.S. Homeland Security Fund.<\/strong><\/span><\/span><\/p>\n\n<p data-end=\"2130\" data-start=\"1882\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\">To date, <strong data-end=\"2331\" data-start=\"2198\">our NevGold (TSXV: NAU) coverage has <span style=\"color:#2980b9;\">focused exclusively<\/span> on the company&rsquo;s <span style=\"color:#27ae60;\">recent high-grade<\/span> antimony\/<span style=\"color:#f1c40f;\">gold<\/span> drill results in Nevada<\/strong> &mdash; <span style=\"color:#27ae60;\"><strong>discoveries<\/strong><\/span> that position <strong>NevGold<\/strong> as an <span style=\"color:#2980b9;\"><strong>emerging player<\/strong><\/span> in both precious and critical minerals.<\/span><\/span><\/p>\n\n<p data-end=\"2130\" data-start=\"1882\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>NIA&#8217;s report<\/strong> this weekend will expose how <strong>NAU<\/strong> is receiving <span style=\"color:#e74c3c;\"><strong>less than zero<\/strong><\/span> value for one of the <span style=\"color:#27ae60;\"><strong>highest-grade <\/strong><\/span><strong>antimony\/<span style=\"color:#f1c40f;\">gold<\/span><\/strong><span style=\"color:#27ae60;\"><strong> discoveries<\/strong><\/span> ever made in North America.<\/span><\/span><\/p>\n\n<p data-end=\"2130\" data-start=\"1882\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><strong>NIA&#8217;s President<\/strong> has been <strong><span style=\"color:#2980b9;\">researching<\/span> NAU<\/strong> for the last <strong>24 months straight <\/strong>due to <strong>Nutmeg Mountain <\/strong>in Idaho and had <strong><span style=\"color:#e74c3c;\">no<\/span> idea<\/strong> their <strong><span style=\"color:#27ae60;\">high-grade<\/span> Nevada antimony <span style=\"color:#27ae60;\">discovery<\/span><\/strong> was coming!<\/span><\/span><\/p>\n\n<p data-end=\"2600\" data-start=\"2433\"><span style=\"font-size:14px;\"><span style=\"font-family:Tahoma,Geneva,sans-serif;\"><em data-end=\"3016\" data-start=\"2607\">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.<\/em><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NevGold (TSXV: NAU)&#8216;s Nutmeg Mountain is one of the largest undeveloped oxide gold resources remaining in the U.S. today, but nobody even knows it exists and NAU dipped by 7.04% today to $0.66 per share with a market cap of only US$53.86 million. We haven&#8217;t even discussed yet our real reason for liking NAU&#8230; the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4842,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[143,9,201,200],"class_list":["post-4839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-antimony","tag-gold","tag-nau","tag-ppta"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=4839"}],"version-history":[{"count":5,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4839\/revisions"}],"predecessor-version":[{"id":4876,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/4839\/revisions\/4876"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/4842"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=4839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=4839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=4839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}