Announcement • May 15
Nevgold Corp Announces Consistent Oxide Antimony-Gold Mineralization in All Drillholes from Historic Crushed Leach Pad NevGold Corp. announced positive, consistent antimony and gold mineralization in all drillholes from the historic Crushed leach pad at its Limousine Butte Project in Nevada. The historic gold leach pads date from 1989-1990 mining operations, which were not processed for antimony, in a less than USD 400/oz gold price environment. Results from the historic leach pads highlight a significant near-term opportunity for potential antimony production by 2027. The Company is rapidly advancing the maiden antimony-gold Mineral Resource Estimate on the historic gold leach pads and broader project area, including Resurrection Ridge and Cadillac Valley, at Limo Butte. All drillhole assays from the Crushed leach pad have returned positive, consistent oxide antimony and gold grades. LBS26-014: 0.32% Sb, 0.39 g/t Au over 14.9 meters. LBS26-019: 0.30% Sb, 0.37 g/t Au over 16.5 meters. LBS26-016: 0.27% Sb, 0.37 g/t Au over 14.0 meters. LBS26-015: 0.27% Sb, 0.41 g/t Au over 18.0 meters. Results show elevated antimony-gold grades in the lower levels of the leach pad. Maiden antimony-gold Mineral Resource Estimate on the historic gold leach pads and broader project area including Resurrection Ridge and Cadillac Valley is rapidly progressing; critical step in the development path toward antimony production by 2027. Antimony is one of the highest priority Critical Minerals due to its strategic importance and military applications. Limo Butte is a brownfield mine site located in the State of Nevada with at-surface oxide antimony mineralization that is emerging as a strategic Critical Minerals project in the United States. All drillholes intercepted consistent oxide antimony-gold mineralization. The historically mined leach pads have material at surface that was previously mined and crushed with consistent antimony-gold mineralization. Historic gold leach pads and summary of March-2026 sonic drill program and Phase 1 test pit sampling antimony results from News Release on January 6, 2026. Picture of sonic drill rig drilling the historic Crushed leach pad with labels for the previously mined Golden Butte pit, Resurrection Ridge target area, and the historic Run-of-Mine leach pad. Table 1: Drilling Results from Crushed Leach Pad. Hole ID % Sb g/t Au Length, m From, m To, m. LBS26-014 0.32% 0.39 14.9 0.0 14.9. LBS26-019 0.30% 0.37 16.5 0.0 16.5. LBS26-016 0.27% 0.37 14.0 0.0 14.0. LBS26-015 0.27% 0.41 18.0 0.0 18.0. LBS26-011 0.26% 0.35 11.9 0.0 11.9. LBS26-009 0.22% 0.30 13.1 0.0 13.1. LBS26-010 0.16% 0.28 14.9 0.0 14.9. LBS26-001 0.34% 0.41 12.5 0.0 12.5. LBS26-002 0.31% 0.43 13.7 0.0 13.7. LBS26-003 0.33% 0.55 11.0 0.0 11.0. LBS26-004 0.29% 0.48 12.5 0.0 12.5. LBS26-005 0.27% 0.36 11.0 0.0 11.0. LBS26-006 0.31% 0.38 12.2 0.0 12.2. LBS26-012 0.30% 0.46 13.1 0.0 13.1. LBS26-013 0.31% 0.50 14.6 0.0 14.6. LBS26-017 0.22% 0.32 15.5 0.0 15.5. LBS26-018 0.27% 0.43 14.9 0.0 14.9. Holes LBS26-007 and LBS26-008 were not drilled as the drill program was modified in the field; hole numbering was set before the drill program. Table 2: Drillhole Orientation Details. Hole ID Target Zone Easting Northing Elevation (m) Length (m) Azimuth Dip. LBS26-014 Crushed Pad 665995 4417450 2037 14.9 0 90. LBS26-019 Crushed Pad 666036 4417480 2037 16.5 355 65. LBS26-016 Crushed Pad 666017 4417470 2037 14.0 0 90. LBS26-015 Crushed Pad 665995 4417450 2037 18.0 275 65. LBS26-011 Crushed Pad 666049 4417440 2037 11.9 0 90. LBS26-009 Crushed Pad 666020 4417420 2037 13.1 0 90. LBS26-010 Crushed Pad 665995 4417450 2037 14.9 220 70. LBS26-001 Crushed Pad 666053 4417394 2037 12.5 0 90. LBS26-002 Crushed Pad 666053 4417393 2037 13.7 180 65. LBS26-003 Crushed Pad 666074 4417422 2037 11.0 0 90. LBS26-004 Crushed Pad 666076 4417421 2037 12.5 130 65. LBS26-005 Crushed Pad 666101 4417457 2037 11.0 0 90. LBS26-006 Crushed Pad 666101 4417455 2037 12.2 130 65. LBS26-012 Crushed Pad 666064 4417470 2037 13.1 0 90. LBS26-013 Crushed Pad 666064 4417471 2037 14.6 45 70. LBS26-017 Crushed Pad 666019 4417469 2037 15.5 315 65. LBS26-018 Crushed Pad 666038 4417483 2037 14.9 0 90. Table 3: Leach Pad Sample Test Pit Results – Released January 6, 2026. Sample Pit ID % Sb g/t Au. LBCP-01 0.24% 0.29. LBCP-02 0.19% 0.25. LBCP-03 0.17% 0.24. LBCP-04 0.23% 0.39. LBCP-05 0.24% 0.27. LBCP-06 0.27% 0.36. LBCP-07 0.26% 0.36. LBCP-08 0.42% 0.34. LBCP-09 0.44% 0.51. LBCP-10 0.22% 0.31. LBCP-11 0.35% 0.38. LBCP-12 0.29% 0.36. LBCP-13 0.23% 0.27. LBCP-14 0.25% 0.37. LBCP-15 0.27% 0.41. Average Crushed Pad 0.27% 0.34. LBRP-01 0.14% 0.14. LBRP-02 0.10% 0.06. LBRP-03 0.74% 0.22. LBRP-04 0.14% 0.13. LBRP-05 0.12% 0.07. LBRP-06 0.15% 0.20. LBRP-07 0.16% 0.20. LBRP-08 0.75% 0.16. LBRP-09 0.37% 0.20. LBRP-10 0.15% 0.13. LBRP-11 0.22% 0.28. LBRP-12 0.24% 0.27. LBRP-13 0.25% 0.21. LBRP-14 0.81% 0.27. Average ROM Pad 0.31% 0.18. Sample test pits were dug to approximately 3.5 meters deep on the top of the leach pad and approximately 2.5 meters deep on the side slopes using an excavator. NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. Drill, surface, and test pit samples are sent to ISO 17025 certified American Assay Labs in Reno, Nevada. A 30g gold fire assay and multi-elemental analysis ICP-OES method were completed. The test pit sampling was conducted by Greg French, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person under National Instrument 43-101. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person under National Instrument 43-101 and responsible for technical matters of this release. 
