NevGold Unveils Significant Antimony-Gold Resource in Nevada — NevGold Corp.

Event summary

NevGold Corp. announced a maiden mineral resource estimate for its Limo Butte project in Nevada, including 29,600 tonnes of measured and indicated antimony and 48,100 tonnes inferred.
The project also contains 181,400 ounces of measured and indicated oxide gold and 1,203,500 ounces inferred.
NevGold plans a 20,000-meter drill program in 2026 to expand the resource and advance strategic discussions on antimony production.
The Limo Butte project is located in Nevada, ranked as the top global mining jurisdiction by the Fraser Institute 2025 Annual Survey.

The big picture

NevGold's announcement positions Limo Butte as a strategic U.S. antimony resource, aligning with broader industry trends toward securing domestic supply chains for critical minerals. The dual-commodity optionality of gold and antimony offers project phasing flexibility, but the company must navigate the complexities of advancing both commodities simultaneously. The project's location in Nevada, a top-ranked mining jurisdiction, provides a favorable regulatory environment for development.

What we're watching

Resource Expansion: The pace at which NevGold can expand the mineral resource through its 20,000-meter drill program in 2026 will be critical for the project's future economic viability.
Strategic Optionality: Whether NevGold can successfully advance both antimony and gold production scenarios simultaneously or pivot to a gold-only strategy with lower capital and operating costs.
Market Dynamics: How the global demand for critical minerals like antimony will impact the project's long-term development and potential economic extraction.