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NevGold Intercepts 11.42 g/t AuEq Over 7.7 Meters (2.64% Antimony And 1.17 g/t Au) Within 4.91 g/t AuEq Over 27.4 Meters (1.09% Antimony And 0.67 g/t Au); Initial Antimony-Gold Mineral Resource Estimate On Schedule For Q2-2026 With Focus On Near-Term Antimony Production
Vancouver, British Columbia, March 19, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“ NevG...
About this update from Nevgold Corp
[{"type":"text","content":"NevGold Intercepts 11.42 g/t AuEq Over 7.7 Meters (2.64% Antimony And 1.17 g/t Au) Within 4.91 g/t AuEq Over 27.4 Meters (1.09% Antimony And 0.67 g/t Au); Initial Antimony-Gold Mineral Resource Estimate On Schedule For Q2-2026 With Focus On Near-Term Antimony Production\nVancouver, British Columbia, March 19, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further positive oxide antimony-gold drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company is also pleased to announce the initial antimony-gold Mineral Resource Estimate (“MRE”) is on schedule for Q2-2026. The MRE is a key step in the development of Limo Butte with the objective of achieving near-term antimony production from the historical gold leach pads at the Project. NevGold CEO, Brandon Bonifacio, comments: “We continue to validate that we have one of the highest grade antimony projects in North America that is near-surface and oxide, which is exemplified by Hole LB25-024 which intercepted a thick, consistent zone of 4.91 g/t AuEq* over 27.4 meters (1.09% Sb and 0.67 g/t Au). Most of the global antimony projects are sulphide and narrow vein-type systems that require underground mining to produce an antimony concentrate, which adds significant complexities to the operation, cost structure, and concentrate marketing. At Limo Butte we have defined a large, near-surface footprint of oxide antimony mineralization which is amenable to leaching, and we have the opportunity to produce antimony metal at the project site. Being able to produce antimony metal at the project site removes reliance on downstream refining at a concentrator.” Bonifacio continues: “Our initial antimony-gold Mineral Resource Estimate is on track for Q2-2026, which will allow us to highlight the key attributes of the Project. We are in an advantageous position as we have development optionality as we advance Limo Butte towards a potential production and cash-flow scenario by 2027, with further phased gold-antimony project development scenarios in the future. All of our various work programs have demonstrated the quality of the antimony-gold potential at Limo Butte, and we will continu...