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NevGold Corp. reports developments tied to its gold and critical-minerals exploration business in Nevada and Idaho. Company news centers on the Limousine Butte Project in Nevada, including oxide antimony-gold drill results, historic gold leach pad work, metallurgical testing, surface mineralization, and mineral-resource work.
Recurring updates also include material agreements, capital-structure disclosures, and operating and financial results. Coverage reflects the company's focus on exploration-stage project advancement, antimony-gold mineralization, and technical work supporting development decisions at its mineral properties.
NevGold Corp. (NAUFF) has announced additional high-grade copper, gold, and silver mineralization at its Zeus Copper Project in Idaho. Key surface sampling results include 3.79% Cu, 0.412 g/t Au, 18.6 g/t Ag at ZRS-22 and 2.19% Cu, 0.393 g/t Au, 26.1 g/t Ag at ZNR-05.
The company has identified multiple target areas including Thorn Springs, Poseidon, Iron Mountain, Abundance, and Mortimer. The strongest copper targets, Thorn Springs and Poseidon, are located on BLM ground, which simplifies permitting for future drilling. NevGold has completed a soil sampling survey and plans to initiate geophysical programs in Q1-2025.
The company notes strong geological similarities between Zeus and the nearby Hercules Metals copper porphyry discovery, particularly in grade and mineralization footprint.
NevGold Corp (NAUFF) has received approval for its Limousine Butte Exploration Plan of Operations Permit from the Bureau of Land Management, expanding allowable disturbance area from 15 to 200 acres. This significant milestone enables increased exploration activities across the entire project area, targeting both gold and base metals. The project is strategically located near active exploration by Freeport-McMoran, South32, and Centerra Gold. The company also announced the appointment of Greg French as Vice-President Exploration, replacing Derick Unger. Additionally, NevGold granted 4,025,000 stock options to directors, officers, and consultants at $0.25 per share.
NevGold Corp. has announced high-grade copper, gold, and silver mineralization at the Zeus Copper Project in Idaho. Samples include ZRS-07 with 1.22% copper, 8.19 g/t gold, and 21.9 g/t silver. The results indicate significant copper porphyry potential, similar to Hercules Silver's discovery. NevGold plans further surface geochemical sampling and geophysical surveys to identify drill targets. Key areas like Thorn Springs, Mortimer, and Golden Goose have shown promising results, with Mortimer extending a 4-km mineralized trend. Modern exploration will continue to define the project's potential.
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