NevGold Achieves Up to 99% Gold Recovery in Phase II Metallurgical Testing at Limousine Butte
Event summary
- NevGold reports up to 99% gold recovery from Phase II metallurgical testwork on oxide antimony-gold material at Limousine Butte.
- Additional antimony mineralization identified at surface in historical gold waste dump adjacent to Golden Butte pit.
- Phase I sampling of historical waste dumps completed with assays pending.
- Mineral Resource Estimate (MRE) for historical leach pads on track for Q2-2026.
- Company plans 20,000 meters of additional drilling in 2026 focused on Bullet Zone and Armory Fault discoveries.
The big picture
NevGold's successful metallurgical testwork highlights the unique geo-metallurgical characteristics of its Limousine Butte project, distinguishing it from other global antimony projects that typically involve more complex sulphide processing. The identification of additional antimony mineralization and the progress toward a Mineral Resource Estimate position the company to potentially become a significant player in the antimony and gold markets. The strategic advantage lies in the simplicity of the leaching process, which could reduce operational complexities and costs compared to traditional antimony concentrate production.
What we're watching
- Recovery Optimization
- How NevGold's sequential leaching process will impact overall mineral recovery rates and operational efficiency.
- Resource Expansion
- Whether the newly identified antimony mineralization in historical waste dumps will significantly increase project resources.
- Permitting Progress
- The pace at which NevGold advances state and federal permitting for near-term antimony production.
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