Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Resource Estimate

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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