Intercepts Of The Highest-Grade Oxide Antimony At Bullet Zone Discovery

Intercepts Of The Highest-Grade Oxide Antimony At Bullet Zone Discovery

VANCOUVER – NevGold Corp. announced further positive high-grade oxide antimony drill results from surface at the newly discovered antimony-gold Bullet Zone at its Limousine Butte Project in Nevada. The Bullet Zone was discovered in the 2025 drill program with step-out drilling testing NevGold’s new geology model at the Project. The Bullet Zone discovery significantly expands the gold-antimony mineralization footprint at the Resurrection Ridge target, which NevGold is advancing to an initial gold-antimony Mineral Resource Estimate (MRE).
Highest-grade antimony (“Antimony”, “Sb”) interval drilled to date with 5.51% Sb over 4.6 meters: 1) LB25-009 Upper Zone (from surface): 21.49 g/t AuEq* over 4.6 meters (5.51% Sb and 0.06 g/t Au), within 4.00 g/t AuEq* over 41.1 meters (0.96% Sb and 0.29 g/t Au). 2) LB25-009 Lower Zone: 0.71 g/t AuEq over 6.1 meters (0.15% Sb and 0.12 g/t Au). 3) LB25-009 failed to reach target depth due to drilling difficulties as it was entering the prospective Lower Zone; the hole terminated in gold-antimony mineralization. 3) LB25-001 (infill, gap in antimony data): 4.05 g/t AuEq over 3.0 meters (1.03% Sb and 0.04 g/t Au) within 0.88 g/t AuEq over 48.8 meters (0.20% Sb and 0.09 g/t Au).
High-grade Bullet Zone discovery significantly expands the antimony-gold mineralization footprint at Resurrection Ridge; drilling is focused on advancing the Project to an initial gold-antimony Mineral Resource Estimate (MRE). New NevGold geological model is confirmed with Hole LB25-009 and LB25-002 intercepting gold-antimony mineralization below the older thrusted dolomite unit. 18 holes have been completed in the current 2025-2026 drill program with assays pending.
The Company has completed Phase 1 antimony-gold sampling of the Crushed and Run of Mine (ROM) leach pads from the past-producing Golden Butte pit, which produced over 100,000 ounces of gold in 1989-1990. The historically mined leach pads have material at surface that was previously mined and crushed with strong antimony-gold potential, the previous Golden Butte operation was solely focused on gold with no focus on antimony.
CEO, Brandon Bonifacio, said, “We are extremely excited about the successful drilling around the high-grade antimony discovery made at the Bullet Zone. The 2nd hole into the target, LB25-009, has confirmed that we have a substantial area of near-surface, high-grade antimony mineralization. We will continue to drill the Bullet Zone over the remainder of the 2025-2026 drill program with the objective of rapidly advancing the Project to an initial antimony-gold MRE. Another key development has been the identification of the antimony-gold potential in the historically mined gold leach pads at the Project, and we have recently completed our Phase I sampling program on the leach pads. As Limo Butte is a brownfield mine site, one key advantage is having a large amount of historically mined material already on surface in the leach pads that had a previous focus only on gold mineralization. The historically mined leach pads are a significant, near-surface antimony opportunity that we are rapidly advancing.”