NevGold Drills High-Grade Antimony-Gold Intercepts at Limousine Butte
Event summary
- NevGold intercepted 11.42 g/t AuEq over 7.7 meters within 4.91 g/t AuEq over 27.4 meters at its Limousine Butte Project in Nevada.
- Initial antimony-gold Mineral Resource Estimate (MRE) is on schedule for Q2-2026.
- The project aims for near-term antimony production from historical gold leach pads.
- NevGold plans to drill an additional 20,000 meters in 2026 focused on the Bullet Zone and Armory Fault discoveries.
The big picture
NevGold's high-grade antimony-gold intercepts at Limousine Butte position the project as a potential key player in the U.S. critical minerals supply chain. With China restricting antimony exports, the strategic importance of domestic production has increased, making projects like Limousine Butte critical for national security and economic stability. The project's near-surface, oxide mineralization offers a cost-effective path to production, distinguishing it from more complex underground mining operations.
What we're watching
- Resource Estimate Timing
- Whether the Q2-2026 MRE will meet expectations and validate the project's near-term production potential.
- Production Timeline
- The pace at which NevGold can advance Limousine Butte towards a potential production and cash-flow scenario by 2027.
- Market Dynamics
- How global supply chain concerns and China's export restrictions will impact the demand for domestically produced antimony.
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