Significant Antimony Discovered At The Limousine Butte Project

VANCOUVER - NevGold Corp. has discovered significant antimony potential at its Limousine Butte Project in Nevada. Limousine Butte has a robust historical geological database with surface and drilling geochemical results, and many areas at the Project have high-grade oxide gold and antimony potential. The Company remains focused on unlocking value from its portfolio, and the addition of antimony to gold at Limousine Butte creates a significant opportunity at the Project.

Numerous areas have been identified with significant antimony potential in previously defined areas with strong oxide gold results; the Resurrection Ridge area has a large antimony mineralization footprint with a 3 km by 1 km geochemical anomaly, and up to 10% antimony grade. All areas at the Project with gold-antimony potential are permitted and ready to drill under the Limo Butte Plan of Operations (PoO) approved in November-2024.

NevGold plans to re-evaluate historical drilling from the Project, focusing on both oxide gold and antimony potential; most of the historical drilling was not analyzed for antimony. The Company will continue its active exploration program at Limo Butte including: 1) Evaluate the historical geological database with specific focus on gold and antimony (in progress). 2) Re-analyze historical drilling with focus on gold and antimony (in progress). 3) Drill test gold-antimony targets (subject to the results of the evaluation).

CEO, Brandon Bonifacio, said, “The identification and discovery of antimony is an exciting development at our permitted Limo Butte oxide gold-antimony project. Our significant gold potential coupled with the emerging antimony story separates Limo Butte from many other exploration projects in the United States. The highest grade antimony targets at Resurrection Ridge and Cadillac Valley coincide with our priority gold targets, creating a compelling dual-commodity opportunity. We are fortunate to be positioned with a fully permitted drill-ready project, and we will continue to advance the gold and antimony potential at Limo Butte, alongside our positive developments at our Nutmeg Mountain resource stage heap-leach gold project and Zeus copper project in Idaho.”