Business

The Crushed Pile in Nevada: How a Forgotten 1989 Gold Heap Is Becoming One of America's Few Near-Term Antimony Solutions

A brownfield site in eastern Nevada is delivering exactly what the U.S. critical minerals strateg...

articleNevgold CorpMay 25, 20264/company/nevgold-corp/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-americas-few-near-term-antimony-solutions
The Crushed Pile in Nevada: How a Forgotten 1989 Gold Heap Is Becoming One of America's Few Near-Term Antimony Solutions

About this update from Nevgold Corp

[{"type":"text","content":"The Crushed Pile in Nevada: How a Forgotten 1989 Gold Heap Is Becoming One of America’s Few Near-Term Antimony SolutionsIssued on behalf of NevGold Corp.\nA brownfield site in eastern Nevada is delivering exactly what the U.S. critical minerals strategy has been asking for — antimony at surface, in every drillhole, ready to process without breaking new ground. NEW YORK, May 25, 2026 (GLOBE NEWSWIRE) -- World Street Intelligence News Commentary — There are not many places in America where you can walk onto a mine site that was last worked when George H.W. Bush was in the White House, pick up a fistful of crushed rock from a pile that has been sitting in the sun for 35 years, and have it assay at a grade of antimony the U.S. defense industry would gladly pay a premium for. There is at least one such place. It sits in White Pine County, Nevada, on a property called Limousine Butte, and as of May 14, 2026, every single sonic drillhole punched into the historic Crushed leach pad there has come back with positive, consistent oxide antimony and gold mineralization. [1] The company doing the drilling is NevGold Corp. (TSXV: NAU) (OTCQX: NAUFF) (Frankfurt: 5E50), a Vancouver-headquartered junior with a portfolio of four 100%-owned gold, antimony, and copper projects across Nevada and Idaho. The flagship is Limo Butte. The story everyone is paying attention to right now is the crushed pile. Here is what happened. Between 1989 and 1990, the previous operators of the Golden Butte pit ran a gold heap leach operation on the site. They crushed the ore, stacked it on lined pads, sprayed it with cyanide solution, and recovered gold. They did all of this in a sub-US$400 per ounce gold price environment, and they did all of it without anyone in the industry caring about a metal called antimony. Antimony was in the rock. They simply did not process for it. They walked away. The pads sat there for the next 35 years. Fast-forward to 2026. Gold is trading in the mid-$4,000s. China has banned antimony exports to the United States, then partially suspended that ban in November 2025 — a suspension that expires on November 27, 2026. The Department of Defense, recently renamed in part the Department of War under a 2025 executive order, has been writing checks under the Defense Production Act to anyone who can credibly show they ...

More updates from Nevgold Corp