NevGold Corp. has intersected 1.06 grams per tonne oxide gold over 42.7 meters, including an 18.3-meter interval grading 1.89 grams per tonne, outside the 2026 Mineral Resource Estimate pit-shell at its Limousine Butte project in Nevada.

The ongoing 20,000-meter drill program also returned 5.00 grams per tonne oxide gold over 3.0 meters within a broader 27.4-meter intercept grading 1.23 grams per tonne inside the pit-shell. According to the company, this hole converted previously unmineralized blocks within the pit-shell boundary, expanding mineralization immediately.

“It is extremely encouraging to have thick intercepts of high-grade oxide gold grades over 1.00 g/t Au that have expanded mineralization inside and outside of the 2026 MRE pitshell . The initial 2026 drillholes at the Bullet Zone have delivered on expanding both oxide gold and antimony mineralization, and the grades intercepted have been higher than the average MRE grade profile . Our geological interpretation is that gold and antimony were deposited in the same general area during two separate mineralizing events, which explains why certain parts of the deposit are higher-grade oxide gold and others are higher-grade oxide antimony. This is important to highlight as it creates future operational and development flexibility as Limo is advanced. With two drill rigs and approximately 9,000 meters of drilling completed to date, and 33 drillholes with assays pending , our Technical Team continues to test the resource expansion potential with each drillhole. We are fully funded for the next 12-18 months with over $45 million in treasury , and our team is focused on delivering on one of the most important gold-antimony projects in the United States.”

— Brandon Bonifacio, CEO

The active drill campaign has completed 40 holes to date, with assays pending for 33 additional drillholes. NevGold holds a 100% interest in the brownfield property, which includes historical 1989-1990 gold leach pads evaluated alongside the Resurrection Ridge and Cadillac Valley targets.

The technical team is advancing a Preliminary Economic Assessment and engineering studies as part of its planned 2026-2027 activities at the site.

Read the full announcement: NevGold Intercepts 1.06 g/t Oxide Au Over 42.7 Meters Outside of 2026 MRE Pit-shell; Mineralization Also Expanded Inside Pit-Shell With 5.00 g/t Oxide Au Over 3.0 Meters Within 1.23 g/t Oxide Au Over 27.4 Meters at Limo Butte, Nevada