Nevgold Corp Stock Price, News & Analysis

NevGold Corp (TSXV:NAU, OTCQX:NAUFF) has announced significant oxide gold-antimony drill results at its Limousine Butte Project in Nevada. Key discoveries include:

- Hole LB023: 2.11 g/t AuEq over 67.1 meters (1.30 g/t Au and 0.18% Sb)
- Hole LB029: 1.16 g/t AuEq over 79.3 meters (0.53 g/t Au and 0.14% Sb)

The project shows substantial potential across two major areas: Resurrection Ridge and Cadillac Valley, with a +5km strike length. The company is currently:
- Re-evaluating historical drilling data
- Re-analyzing historical samples for antimony content
- Planning metallurgical studies

The discovery is particularly significant as antimony is designated as a Critical Mineral by the U.S. Department of Defense, with 90% of global supply currently controlled by China, Russia, and Tajikistan. Recent U.S. Executive Order (March 2025) aims to strengthen domestic mineral production, potentially benefiting projects like Limousine Butte.

NevGold Corp. (NAUFF) has discovered significant oxide gold-antimony drill results at the Cadillac Valley target area of its Limousine Butte Project in Nevada. Key findings include:

- LB22-007: 1.70 g/t AuEq over 169.2 meters (0.89 g/t Au and 0.18% Sb)
- LB22-006: 1.34 g/t AuEq over 124.7 meters (0.84 g/t Au and 0.11% Sb)

The Cadillac Valley oxide gold-antimony mineralization footprint spans over 1.5 km by 500 m and is over 2 km from Resurrection Ridge. The company plans to continue its exploration program including:
- Evaluating historical geological database
- Re-analyzing historical drilling
- Drill testing gold-antimony targets
- Initiating preliminary metallurgical studies

The project's timing aligns with the March 2025 US Executive Order to strengthen domestic mineral production, with antimony designated as a critical mineral for national security and technology applications.

NevGold Corp (OTCQX:NAUFF) has discovered significant gold-antimony results at its Limousine Butte Project in Nevada. Key drilling highlights include:

- LB-006: 2.46 g/t AuEq over 86.9 meters (1.11 g/t Au and 0.30% Sb)
- LB-001: 1.69 g/t AuEq over 63.9 meters (0.21 g/t Au and 0.33% Sb)
- LB-003: 3.69 g/t AuEq over 22.3 meters (2.26 g/t Au and 0.32% Sb)
- LB-004: 0.73 g/t AuEq over 110.40 meters (0.19 g/t Au and 0.12% Sb)

Historical geochemical sampling revealed numerous results exceeding 1% antimony, with some samples above 5% and one reaching 9.6% antimony. The project includes two past-producing antimony mines. The discovery is particularly significant as antimony is designated a critical mineral by the U.S., with current global supply dominated by China, Russia, and Tajikistan.

NevGold Corp. (NAUFF) has expanded its Zeus Copper Project in Idaho's Hercules Copper Trend by approximately 50%, adding 147 claims covering about 1,000 hectares. The project now encompasses 392 claims totaling 2,900 hectares of strategic ground.

The newly staked area contains two primary copper mineralization host rocks: the Lower Huntington Formation and Triassic age intrusive rocks, sharing geological similarities with Hercules Metals' copper porphyry discovery. The expansion is adjacent to Barrick Gold Corp.'s claim block in the region.

NevGold's 2025 exploration program includes:

• Completed geological database review and surface geochemical sampling
• Ongoing geological mapping
• Planned ground geophysical program
• Preparation of drill permit application
• Future drill testing of identified copper targets

NevGold Corp. (NAUFF) has announced significant findings from its geochemical soil sampling program at the Zeus Copper Project in Idaho's Hercules Copper District. The company has identified two major copper-gold-molybdenum soil anomalies: a 2.4 km trend at the Poseidon Target and a 1.0 km trend at the Thorn Springs Target, both located on Bureau of Land Management (BLM) ground.

At Poseidon, soil samples yielded up to 1,000 ppm copper, 183 ppb gold, and 23 ppm molybdenum. The Thorn Springs target showed values up to 720 ppm copper, 886 ppb gold, and 11.5 ppm molybdenum. The company has selected a geophysical contractor and plans to initiate drill-ready targets for a potential 2025 drill program.

The Zeus Project shows geological similarities to Hercules Metals' copper porphyry discovery, with comparable surface sample geochemical results. NevGold's 2025 activities will include ground geophysical programs, drill permit applications, and continued geological mapping.

NevGold Corp (OTCQX:NAUFF) has discovered significant historical gold-antimony drill results at its Limousine Butte Project in Nevada. Key findings include high-grade intersections from Newmont's historical drilling:

- LIM-40: 4.07 g/t AuEq over 54.9m (1.20 g/t Au and 0.64% Sb)
- LIM-45: 3.02 g/t AuEq over 36.6m (1.23 g/t Au and 0.40% Sb)
- LIM-48: 2.61 g/t AuEq over 61.0m (0.77 g/t Au and 0.41% Sb)

The project features historical small-scale antimony mining sites and demonstrates extensive gold-antimony mineralization across multiple zones. The project is fully permitted for drilling under the November 2024 Plan of Operations. Antimony, designated as a critical mineral by the US Department of Defense, currently has no domestic mining supply, with 90% of global production controlled by China, Russia, and Tajikistan.