お知らせ • Apr 10
NevGold Corp Reports Oxide Antimony-Gold Drill Results And Focuses On Maiden Antimony-Gold Mineral Resource Estimate
NevGold Corp. had announced further positive oxide antimony-gold drill results at its Limousine Butte Project in Nevada. All holes completed in the Fiscal year 2025 drill program are now released, with further assays pending on the 35 holes completed on the Crushed and Run of Mine historical gold leach pads. The Company is focused on completing the maiden antimony-gold Mineral Resource Estimate in Second Quarter 2026. The maiden Mineral Resource Estimate is a key step in the development of Limousine Butte with the objective of achieving near-term antimony production by 2027 from the historical gold leach pads, while also advancing the rest of the Project for future gold-antimony development. Continuous, high-grade oxide antimony-gold intercepted from surface with 1.93 g/t AuEq over 100.6 meters (1.07 g/t Au and 0.22% Sb) at Resurrection Ridge. LB25-023A (Mineral Resource Estimate upgrade): 1.11% Sb over 6.1 meters, within 1.93 g/t AuEq over 100.6 meters (1.07 g/t Au and 0.22% Sb); due to drilling conditions the hole terminated in oxide 0.66% Sb and 3.44 g/t Au. LB25-028 (+180 meter step-out, additional Mineral Resource Estimate potential): 1.30% Sb over 3.0 meters, within 0.89 g/t AuEq over 38.1 meters (0.20% Sb and 0.12 g/t Au). Strong infill and historical re-assay results from Cadillac Valley focused on upgrading the geological database for the upcoming Mineral Resource Estimate. LB25-005 (Mineral Resource Estimate infill): 1.76 g/t AuEq over 12.2 meters (1.60 g/t Au and 0.04% Sb), within 0.58 g/t AuEq over 62.5 meters (0.45 g/t Au and 0.03% Sb). LB25-007 (Mineral Resource Estimate infill): 0.42 g/t Au over 33.5 meters within 0.21 g/t Au over 146.3 meters. LB22-008 (Mineral Resource Estimate upgrade): 9.45 g/t AuEq over 4.3 meters (2.29% Sb and 0.54 g/t Au), within 0.92 g/t AuEq over 94.5 meters (0.29 g/t Au and 0.16% Sb). LB22-024 (Mineral Resource Estimate upgrade): 1.80 g/t AuEq over 18.3 meters (0.33% Sb and 0.50 g/t Au) within 1.29 g/t AuEq over 73.2 meters (0.17% Sb and 0.63 g/t Au). Gold equivalents (AuEq) are based on assumed metals prices of USD 3,000/oz of gold and USD 40,000 per tonne of antimony, and assumed metals recoveries of 80% for gold and 75% for antimony. Antimony is one of the highest priority Critical Minerals due to its strategic importance and military applications; Limousine Butte is a brownfield mine site located in the State of Nevada with at-surface antimony mineralization in the historical gold leach pads. NevGold will continue its active exploration program at Limousine Butte including evaluating the historical geological database with focus on gold and antimony (completed); advancing metallurgical testwork (ongoing); continuing to drill test gold-antimony targets (5,000 meters (30 drillholes) completed and released, a further 20,000 meters is planned in 2026 focused on the Bullet Zone and Armory Fault discoveries, and other project-wide targets); advancing the Crushed and Run of Mine leach pads to near-term antimony production (Drilling completed March-2026, Mineral Resource Estimate in Second Quarter 2026, ongoing metallurgical testwork); completing maiden gold-antimony Mineral Resource Estimate on historical gold leach pads, and Resurrection Ridge and Cadillac Valley target areas (Mineral Resource Estimate) (in progress); advancing state and federal permitting, prioritizing the near-term reprocessing of the historical gold leach pads for antimony with no required mining activities (in progress). 2025-2026 Drilling and Historical Re-Assay Results: Hole ID, Length, m, g/t Au, % Sb, g/t AuEq, From, m, To, m. Resurrection Ridge – 2025 Holes: LB25-023A: 100.6, 1.07, 0.22%, 1.93, 6.1, 106.7; including 22.9, 0.07, 0.51%, 2.05, 6.1, 29.0; also including 6.1, 0.11, 1.11%, 4.44, 16.8, 22.9. LB25-025: no significant values – step out. LB25-026: no significant values – step out. LB25-027: 6.1, 0.11, 0.15%, 0.71, 0.0, 6.1. LB25-028: 38.1, 0.12, 0.20%, 0.89, 18.3, 56.4; including 3.0, 0.03, 1.30%, 5.06, 18.3, 21.3. LB25-029: 9.1, 0.08, 0.03%, 0.21, 0.0, 9.1. LB25-030: 9.2, 0.05, 0.08%, 0.35, 15.2, 24.4. Cadillac Valley – 2025 Holes: LB25-005: 62.5, 0.45, 0.03%, 0.58, 158.5, 221.0; including 12.2, 1.60, 0.04%, 1.76, 182.9, 195.1. LB25-007: 146.3, 0.21, 0.01%, 0.25, 29.0, 175.3; Including 33.5, 0.42, 0.01%, 0.47, 29.0, 62.5. LB25-008: 7.7, 0.13, 0.03%, 0.25, 15.2, 22.9. Cadillac Valley - Historical Re-Assay Results, Mineral Resource Estimate Focus: LB22-008: 94.5, 0.29, 0.16%, 0.92, 60.4, 154.8; including 4.3, 0.54, 2.29%, 9.45, 60.4, 64.6. LB22-024: 73.2, 0.63, 0.17%, 1.29, 205.7, 278.9; including 18.3, 0.50, 0.33%, 1.80, 249.9, 268.2. Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness. The gold equivalents (AuEq) are based on assumed metals prices of USD 3,000/oz of gold and USD 40,000 per tonne of antimony, and assumed metals recoveries of 80% for gold and 75% for antimony. Due to drilling conditions, Hole LB25-023A terminated in oxide 0.66% Sb and 3.44 g/t Au.