NevGold Files Maiden Resource Estimate for Nevada Gold-Antimony Project — NevGold Corp.

Event summary

NevGold filed a NI 43-101 technical report for its Limousine Butte gold-antimony project in Nevada, dated August 24, 2026, with an effective date of July 15, 2026.
The maiden mineral resource estimate includes 181,400 ounces of gold and 31,800 tonnes of antimony in the measured and indicated categories.
The inferred resources total 1,203,500 ounces of gold and 75,700 tonnes of antimony.
CEO Brandon Bonifacio highlighted the potential for near-term antimony production from historical leach pads and ongoing drilling to expand mineralization.

The big picture

NevGold's maiden resource estimate positions Limousine Butte as one of the largest gold-antimony projects in the U.S., aligning with growing demand for critical minerals. The project's dual focus on gold and antimony production could provide strategic advantages in a market increasingly concerned with supply chain security. The scale of the inferred resources suggests significant upside potential, but the transition from exploration to production remains a critical hurdle.

What we're watching

Resource Expansion: The pace at which NevGold's ongoing drill program converts inferred resources into measured and indicated categories will be critical for project viability.
Production Timelines: Whether NevGold can advance Limousine Butte to near-term antimony production from existing surface material will determine its strategic positioning in the critical metals market.
Engineering Milestones: The progress of the next phase of engineering studies will be a key indicator of the project's feasibility and potential path to commercialization.