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.
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NevGold Corp. announced significant drill results from its Nutmeg Mountain gold project in Idaho, confirming high-grade, heap-leach gold mineralization at surface. The project boasts a 2020 mineral resource estimate of 910,000 Indicated ounces and 160,000 Inferred ounces of gold. Key highlights from the drill program include:
- 0.72 g/t Au over 79.3 meters starting at 10.4 meters depth.
- 2.32 g/t Au over 13.4 meters from 25.6 meters depth.
- Significant grades near the surface with minimal stripping required.