Additional Discovery Of Oxide Gold-Antimony At Cadillac Valley Target

VANCOUVER - NevGold Corp. has discovered further significant oxide gold-antimony (Sb” drill results at the Cadillac Valley target area at its Limousine Butte Project in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific mining jurisdictions.

Cadillac Valley target area has positive oxide gold-antimony drillholes including: 1) LB22-007: 1.70 g/t AuEq over 169.2 meters (0.89 g/t Au and 0.18% Sb), including 2.85 g/t AuEq over 54.4 meters (2.26 g/t Au and 0.13% Sb), and also including 13.15 g/t AuEq over 3.1 meters (0.76 g/t Au and 2.76% Sb). 2) LB22-006: 1.34 g/t AuEq over 124.7 meters (0.84 g/t Au and 0.11% Sb), including 2.23 g/t AuEq over 24.3 meters (1.32 g/t Au and 0.20% Sb).

Cadillac Valley oxide gold-antimony mineralization footprint spans over 1.5 km by 500 m and is over 2 km from Resurrection Ridge; results from both Resurrection Ridge and Cadillac Valley demonstrate the significant oxide gold-antimony potential across a large, open mineralized footprint. 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. Significant antimony (Sb) upside: historical drilling had an upper detection limit of 1% Sb but many drill intervals exceeded the limit; these holes are currently being re-assayed at American Assay Lab in Reno, Nevada without the 1% upper detection limit.

NevGold will continue re-evaluating historical drilling from the Project, focusing on both oxide gold and antimony; large portions of the existing database were not analyzed for antimony creating a significant, low-cost opportunity to re-assay historical drilling.