Gold mining company, NevGold, initiates drilling at the Gold-Antimony Limo Butte Project and discovers more Stibiconite exposures.
In a significant development, NevGold Corp., an exploration and development company focusing on large-scale mineral systems in Nevada and Idaho, has initiated a 5,000 meter Reverse Circulation ("RC") drill program at the Limousine Butte Project in Nevada. This marks the first drill program at the Project that has been focused on both gold and antimony.
The drill program, which began in August 2025, is the first step in unlocking the gold-antimony potential at Limo Butte. It aims to advance the Project to an initial oxide gold-antimony Mineral Resource Estimate ("MRE"). Greg French, Vice President, Exploration of NevGold Corp., who is the Company's Qualified Person under National Instrument 43-101, has reviewed the historical data in this press release.
The drill program will include both delineation and expansion drillholes focused on both gold and antimony. NevGold Corp. follows QA/QC protocols on the Limousine Butte Project, including insertion of duplicate, blank, and standard samples in all drill holes.
For the Newmont and US Gold data, a 30g gold fire assay and multi-elemental analysis ICP-OES method MS-41 was completed by ISO 17025 certified ALS Chemex, Reno or Elko Nevada. The historic data collection chain of custody procedures and analytical results by previous operators appear adequate and were completed to industry standard practices.
As part of the road and drill pad construction, additional stibiconite outcrops were exposed, indicating the presence of significant mineralization expansion potential. The expanded area of the PoO now covers other untested targets on the property.
The eastern side of Resurrection Ridge has strong geological potential with mineralization open to the East. The Project is located in Nevada, one of the world's prolific mining jurisdictions.
Brandon Bonifacio, President & CEO of NevGold Corp., expressed his excitement about the drill program, stating, "This is a significant milestone for NevGold as we continue to advance our flagship Limousine Butte Project. We are confident that this drill program will unlock the gold-antimony potential at Limo Butte and provide us with valuable data to move the Project forward."
For more information about NevGold Corp., please contact Brandon Bonifacio at [email protected], call 604-337-4997, or visit www.nev-gold.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Readers should not place undue reliance on the forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Read also:
- World Obesity Awareness Day: Engaging and Offering Support
- Foreign leaders,counting 27 Foreign Ministers, express concern over the dire circumstance in Gaza, labelling it as unprecedented and unfathomable.
- Wage parity progressing steadily
- California Highway Incident: Individual Exits Roadway, Sustains Vehicle Impact
