NEVGOLD ANNOUNCES MINERAL RESOURCE: ANTIMONY OF 29,600 TONNES MEASURED & INDICATED (0.26%) AND 48,100 TONNES INFERRED (0.18%); 100% OXIDE GOLD OF 181,400 OZS MEASURED & INDICATED AND 1,203,500 OZS INFERRED; STRATEGIC U.S. ANTIMONY RESOURCE

About this update from Nevgold Corp

Vancouver, British Columbia, July 15, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (" NevGold " or the " Company ") ( TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce its maiden gold-antimony Mineral Resource Estimate (" MRE ") for the gold ("Au") and antimony ("Sb") Limo Butte Project (the " Project ", " Limo Butte ") in Nevada. NevGold CEO, Brandon Bonifacio, comments: "Our maiden, large-scale, oxide gold-antimony Mineral Resource Estimate is a monumental milestone in advancing our uniquely positioned Limo Butte Project in Nevada, as we have delivered on one of the largest, most strategic, antimony-gold resources in the United States . We have the potential to advance to a near-term antimony production scenario from the already mined material on surface, while we systematically advance the other deposits including Resurrection Ridge, Cadillac Valley, and the Northern Zones. The completion of the MRE also allows us to advance strategic discussions around the various potential antimony production scenarios at the Project. The current MRE has defined a critical project in the United States with a development path to play a leading role in building a domestic antimony supply chain, with long-term sustainable antimony-gold development in future project phases." Bonifacio continues: "This is the first version of the MRE that is based on drilling completed to the end of 2025, with strong potential for expansion in areas that we are focused on with our 20,000 meter 2026 drill campaign. The 2025 drill program was a "step-change" in our understanding of the project geology, as we successfully intercepted significant antimony-gold mineralization in 100% of the holes that we drilled testing the "under the older thrusted upper dolomite" target . This will be a key target for future MRE growth in the 2026 program, as we are focused on adding scale and more near-surface, high-grade oxide antimony-gold mineralization . There are currently two drill rigs at the Project drilling the important discoveries at the Bullet Zone and high-grade Armory Fault on the eastern side of the maiden MRE at Resurrection Ridge. We will also focus on testing the historical high-grade, past-producing antimony mines , including the Nevada Antimony Mine and Lage Antimony Prospect, that we could not drill last year due to access constraints. New 2026 drill results focused on expanding the current MRE will be released shortly as assays are received from the lab." Key Highlights 

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