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NevGold Announces Up to 99% Gold Recovery From Phase II Metallurgical Testwork on Oxide Antimony-Gold; Identifies More Antimony Mineralization At Surface In Historical Gold Waste Dump
Vancouver, British Columbia, April 02, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“ NevGold &...
About this update from Nevgold Corp
[{"type":"text","content":"NevGold Announces Up to 99% Gold Recovery From Phase II Metallurgical Testwork on Oxide Antimony-Gold; Identifies More Antimony Mineralization At Surface In Historical Gold Waste Dump\nVancouver, British Columbia, April 02, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further metallurgical testwork results on the residual tailings material from the positive Phase II antimony (“Antimony”, “Sb”) testwork included in the November 5, 2025 News Release. The residual tailings material from the antimony leaching process had remaining gold mineralization, and went through a second sequential stage of leaching testwork focused on gold. The positive sequential antimony and gold leaching results highlight the exceptional geo-metallurgical characteristics of the oxide antimony-gold Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada, one of the world’s prolific mining jurisdictions. As the Company has stated in previous News Releases, and has now confirmed with testwork results, the antimony recovery process with conventional leaching methods has minimal to no impact on gold recoveries.  The Company is also pleased to announce the identification of additional antimony mineralization at surface in the historical pre-strip waste dump situated adjacent to the past-producing Golden Butte pit (see Figure 1, 2, 3). Phase I sampling has been completed with assays pending. The identified antimony mineralization in the pre-strip waste dump is another potential source of at-surface antimony material at the Project.  NevGold CEO, Brandon Bonifacio, comments: “The results from our Phase II antimony and gold metallurgical testwork shows that leaching in sequence on antimony and gold works favorably as we have envisioned and guided to over the past 12 months. This is a key step in optimizing the metallurgical flowsheet to recover antimony and gold at Limo Butte. Since we have oxide antimony-gold mineralization, with two distinct, separate mineralizing events that initially deposited gold and then antimony, we are able to achieve high recoveries on both minerals with a simple, sequential leaching flowsheet. Most global antimony projects are sulphide a...