Business
NevGold Discovers High-Grade Oxide Antimony "Bullet Zone" From Surface with 2025 Step-Out Drilling: 14.90 g/t AuEq Over 4.6 Meters (3.76% Antimony And 0.29 g/t Au) Within 2.42 g/t AuEq Over 53.3 Meters (0.57% Antimony And 0.22 g/t Au) at Limo Butte, Nevada
Vancouver, British Columbia, Oct. 16, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“ Nev...

About this update from Nevgold Corp
[{"type":"text","content":"NevGold Discovers High-Grade Oxide Antimony “Bullet Zone” From Surface with 2025 Step-Out Drilling: 14.90 g/t AuEq Over 4.6 Meters (3.76% Antimony And 0.29 g/t Au) Within 2.42 g/t AuEq Over 53.3 Meters (0.57% Antimony And 0.22 g/t Au) at Limo Butte, Nevada\n\n\n\n Vancouver, British Columbia, Oct. 16, 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 the discovery of high-grade oxide antimony in the new antimony-gold\n \n “Bullet Zone”\n \n from surface at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Bullet Zone was discovered with a plus 150 meter step-out drillhole from 2025 drilling that was 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 area, which NevGold is advancing to an initial gold-antimony Mineral Resource Estimate (“MRE”).\n \n\n\n\n Key Highlights\n \n\n\n\n\n\n Discovery of the Bullet Zone with new 2025 step-out drilling intercepts the\n \n highest-grade antimony (“Antimony”, “Sb”) interval drilled to date\n \n at the Project, with grades up to\n \n 8.9% Sb\n \n :\n \n\n\n LB25-002 Upper Zone (from surface):\n \n 14.90 g/t AuEq* over 4.6 meters (3.76% Sb and 0.29 g/t Au)\n \n , within\n \n 2.42 g/t AuEq* over 53.3 meters (0.57% Sb and 0.22 g/t Au)\n \n\n\n LB25-002 Lower Zone:\n \n 0.82 g/t AuEq* over 32.0 meters (0.68 g/t Au and 0.04% Sb)\n \n , within\n \n 0.58 g/t AuEq* over 57.9 meters (0.45 g/t Au and 0.03% Sb)\n \n\n\n *Gold equivalents (“AuEq”) are based on assumed metals prices of US$3,000/oz of gold and US$40,000 per tonne of antimony (~30% discount to current spot prices), and assumed metals recoveries of 80% for gold and 75% for antimony.\n \n\n\n\n\n New NevGold geological model is confirmed\n \n with positive drilling intercepting gold-antimony mineralization below the older thrusted dolomite unit:\n \n\n\n Discovering the high-grade antimony intercept in the antimony-gold Bullet Zone below the older thrusted dolomite unit\n \n opens up large untested areas with significant m...