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NEVGOLD ADDS MORE SIGNIFICANT OXIDE GOLD-ANTIMONY RESULTS: 2.19 G/T AUEQ OVER 64.0 METERS (0.72 G/T AU AND 0.33% ANTIMONY), INCLUDING 4.17 G/T AUEQ OVER 24.1 METERS (1.47 G/T AU AND 0.60% ANTIMONY), AND ALSO INCLUDING 10.86 G/T AUEQ OVER 4.50 METERS (1.43 G/T AU AND 2.10% ANTIMONY) AT THE LIMOUSINE BUTTE PROJECT, NEVADA
Vancouver, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“ NevGold ...

About this update from Nevgold Corp
[{"type":"text","content":"NEVGOLD ADDS MORE SIGNIFICANT OXIDE GOLD-ANTIMONY RESULTS: 2.19 G/T AUEQ OVER 64.0 METERS (0.72 G/T AU AND 0.33% ANTIMONY), INCLUDING 4.17 G/T AUEQ OVER 24.1 METERS (1.47 G/T AU AND 0.60% ANTIMONY), AND ALSO INCLUDING 10.86 G/T AUEQ OVER 4.50 METERS (1.43 G/T AU AND 2.10% ANTIMONY) AT THE LIMOUSINE BUTTE PROJECT, NEVADA\n\n\n\n Vancouver, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“\n \n NevGold\n \n ” or the “\n \n Company\n \n ”)\n \n (\n \n\n TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50\n \n ) is pleased to announce that it has discovered further significant oxide gold-antimony (“Antimony”, “Sb”) drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) 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.\n \n\n\n\n Key Highlights\n \n\n\n\n\n Further positive, near-surface, oxide gold-antimony drillholes at Resurrection Ridge including:\n \n\n LB21-002:\n \n 2.19 g/t AuEq* over 64.0 meters (0.72 g/t Au and 0.33% Sb),\n \n including\n \n 4.17 g/t AuEq* over 24.1 meters (1.47 g/t Au and 0.60% Sb),\n \n and also including\n \n\n 10.86 g/t AuEq* over 4.50 meters (1.43 g/t Au and 2.10% Sb)\n \n\n\n\n LB21-003:\n \n 2.68 g/t AuEq* over 20.1 meters (1.91 g/t Au and 0.17% Sb)\n \n\n\n *Gold equivalents (“AuEq”) are based on assumed metals prices of US$2,000/oz of gold and US$35,000 per tonne of antimony (~30% discount to current spot prices), and assumed metals recoveries of 85% for gold and 70% for antimony.\n \n\n\n\n Drillholes at Resurrection Ridge are\n \n drilled with spacing showing strong potential to advance the Project to an initial gold-antimony Mineral Resource Estimate (“MRE”) (see Figure 1)\n \n\n\n\n\n Metallurgical testwork program has commenced\n \n\n with over\n \n 100 kg bulk sample\n \n from the Project and NevGold core drilling\n \n\n Resurrection Ridge and Cadillac Valley oxide gold-antimony mineralization demonstrates the\n \n significant oxide gold-antimony potential across a large, open mineralized footprint (Figure 1, Figure 4)\n \n\n\n All areas at the Project with gold-anti...