NevGold Discovers Significant Gold-Antimony Results: 1.20 G/T Au And 0.64% Antimony (Sb) Over 54.9 Meters, Including 2.12 G/T Au And +1% Antimony (Sb) Over 12.2 Meters at the Limousine Butte Gold-Antimony Project in Nevada

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[{"type":"text","content":"NevGold Discovers Significant Gold-Antimony Results: 1.20 G/T Au And 0.64% Antimony (Sb) Over 54.9 Meters, Including 2.12 G/T Au And +1% Antimony (Sb) Over 12.2 Meters at the Limousine Butte Gold-Antimony Project in Nevada\n\n\n\n Vancouver, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“\n \n NevGold\n \n ” or the “\n \n Company\n \n ”)\n \n (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50\n \n ) is pleased to announce that it has discovered significant gold-antimony (“Antimony”, “Sb”) historical drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. Leveraging a robust historical geological database, the Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in one of the world’s prolific mining jurisdictions.\n \n\n\n\n\n\n Key Highlights\n \n\n\n\n\n Positive, near-surface, gold-antimony historical drillholes completed by Newmont Corporation (“Newmont”, NYSE:NEM) include:\n \n\n\n LIM-40:\n \n 4.07 g/t AuEq*\n \n\n over 54.9 meters (1.20 g/t Au and 0.64% Sb),\n \n including\n \n 6.60 g/t AuEq* over 12.2 meters (2.12 g/t Au and +1% Sb)\n \n\n\n LIM-45:\n \n 3.02 g/t AuEq*\n \n\n over 36.6 meters (1.23 g/t Au and 0.40% Sb)\n \n , including\n \n 4.83 g/t AuEq*\n \n\n over 12.2 meters\n \n (\n \n 0.35 g/t Au and +1% Sb)\n \n\n\n LIM-48:\n \n 2.61 g/t AuEq*\n \n\n over 61.0 meters (0.77 g/t Au and 0.41% Sb)\n \n , including\n \n 3.82 g/t AuEq* over 24.4 meters (0.37 g/t Au and 0.77% 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 Significant antimony (Sb) upside: historical drilling had an upper detection limit of 1% Sb but\n \n\n\n many drill intervals exceeded the limit\n \n\n\n\n\n\n Historical\n \n small-scale antimony mining\n \n at the\n \n Nevada Antimony Mine\n \n and\n \n Lage Antimony Prospect\n \n has been identified at Limo Butte (see Limousine Butte Geology & Antimony Potential Section below)\n \n\n\n\n\n Extensive gold-antimony mineralization:\n \...

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