Northwire Canada EditionWednesday, July 15, 2026
Northwire
EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% EFF 0.030 +20.0% W 0.500 +1.0% RDG 0.160 +0.0% ARIC 0.780 +4.0% VROY 3.44 +5.2% ROCK 3.81 +3.0% APMI 0.120 +0.0% EM 3.58 −4.8% ALS 66.04 +6.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0%
Resource Estimate Material +

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 Anti

Nevada’s Antimony Arbitrage: NevGold Pivots to Critical Minerals as US Supply Chain Fears Mount

Executive Summary

The most recent news (March 19, 2026) reports high-grade oxide antimony-gold drill results from the Limousine Butte Project in Nevada. Key intercepts include 11.42 g/t AuEq over 7.7 meters and 4.91 g/t AuEq over 27.4 meters. These results are part of a systematic effort to build an initial Mineral Resource Estimate (MRE) scheduled for Q2-2026. Crucially, the company has confirmed that the project is on track for a potential production and cash-flow scenario by 2027, focusing on near-term antimony production from both new discoveries (Bullet Zone) and historical leach pads.

Material Impact

The news is Material - Positive. While the high grades are consistent with results released throughout early 2026, the confirmation of the Q2-2026 MRE timeline and the 2027 production target transforms NevGold from a pure exploration play into a near-term developer. - Strategic Shift: The pivot to Antimony (a US-designated Critical Mineral) has allowed the company to tap into significant market interest following Chinese export restrictions. - Resource De-risking: Intercepting 4.91 g/t AuEq over 27.4 meters provides the "thickness and consistency" required for a robust resource model. - Economic Optionality: The ability to process historical leach pads (2.4M to 3.0M tonnes) provides a low-capex path to early cash flow, which is highly material for a junior explorer.

NAU · Price
Company Overview

NevGold Corp. is focused on gold and critical mineral (Antimony, Copper) projects in Nevada and Idaho. - Flagship Project: Limousine Butte (Limo Butte), Nevada. It is a brownfield site with historical gold production. - Secondary Projects: Nutmeg Mountain (Gold, Idaho) with a 1.18M oz Indicated resource, and Zeus (Copper, Idaho) located near the Hercules discovery.

Read the original news release →

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