Identification Of Additional Stibiconite Outcrops At Gold-Antimony Limo Butte Project

VANCOUVER — NevGold Corp. announced the commencement of the 2025 drill program at the oxide gold-antimony Limousine Butte Project in Nevada. The Company continues to advance 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.
Drilling Commenced in August and started a 5,000 meter Reverse Circulation (RC) drill program focused on the Resurrection Ridge and Cadillac Valley Target Areas. The initial phase of the program will start at Resurrection Ridge. The objective of the drill program is to advance Limo Butte to an initial oxide gold-antimony MRE. Due to the large historical drillhole database, the 2025 program will include both delineation and expansion drillholes focused on both gold and antimony. This is the first drill program at the Project that has been focused on both gold and antimony.
As part of the road and drill pad construction, additional stibiconite outcrops were exposed. The eastern side of Resurrection Ridge has strong geological potential with mineralization open to the East. This is the first drill program at the Project under the approved PoO permit. The expanded area of the PoO now covers other untested targets on the property, providing significant mineralization expansion potential. 
CEO, Brandon Bonifacio, said, “We are excited to commence our 2025 drill program at Limo Butte with the objective of advancing the Project to an initial oxide gold-antimony Mineral Resource Estimate (“MRE”). Over recent years our technical team has gained a strong understanding of the regional and project geology. We have a well defined program with the goal of significantly expanding the mineralization footprints at our two most advanced target areas, Resurrection Ridge and Cadillac Valley. Compared to most of the other gold-antimony or antimony projects in the United States, we have the ability to rapidly advance project development with our strong institutional knowledge of the Project. We have completed significant upfront work on the large geological database and permitting. Our focus remains on unlocking the gold-antimony potential at Limo Butte as there is a strong macroeconomic environment and clear commitment from the United States to advance high-quality, domestic, mineral projects.”