NevGold Discovers High-Grade Oxide Antimony "Bullet Zone" From Surface with 2025 Step-Out Drilling: 14.90 g/t AuEq Over 4.6 Meters (3.76% Antimony And 0.29 g/t Au) Within 2.42 g/t AuEq Over 53.3 Meters (0.57% Antimony And 0.22 g/t Au) at Limo Butte, Nevad
Executive Summary
- NevGold announced the discovery of a new high‑grade oxide antimony‑gold “Bullet Zone” from surface in the Resurrection Ridge target area of its Limousine Butte Project, with intercepts up to 8.9 % Sb and 14.90 g/t AuEq over 4.6 m.
- The step‑out drillhole (LB25‑002) represents a +150 m lateral extension of the known mineralization footprint and validates NevGold’s new geological model that targets gold‑antimony mineralization below an older thrust‑faulted dolomite unit.
- The company plans to advance both Resurrection Ridge and Cadillac Valley toward an initial gold‑antimony Mineral Resource Estimate (MRE), with Phase II metallurgical testwork results expected in the coming weeks.
Key Details
- Hole LB25‑002 – Upper Zone (surface to 56.4 m):
- 53.3 m interval averaging 0.22 g/t Au / 0.57 % Sb, equivalent to 2.42 g/t AuEq.
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Included high‑grade sub‑interval: 4.6 m @ 0.29 g/t Au, 3.76 % Sb (14.90 g/t AuEq).
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Hole LB25‑002 – Lower Zone (150.9 m to 208.8 m):
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57.9 m averaging 0.45 g/t Au / 0.03 % Sb, equivalent to 0.58 g/t AuEq.
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Step‑out distance: New drillhole is +150 m east of previous drilling, expanding the known mineralized envelope at Resurrection Ridge.
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Geological model validation: First test of NevGold’s 2025 model targeting gold‑antimony below thrust‑faulted dolomite; results confirm that the older dolomite unit overlies prospective Pilot Shale host, extending >1 km eastward.
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Exploration program status (2025):
- 11 drillholes completed to date; assays pending for remaining holes.
- Surface road‑cut samples up to 6.8 % Sb and 0.25 g/t Au encountered during pad construction.
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Phase II metallurgical testwork underway; results expected in the next few weeks.
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Planned next steps:
- Continue drilling of gold‑antimony targets (ongoing).
- Complete initial gold‑antimony MRE (in progress).
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Advance metallurgical testing and integrate new data into resource modeling.
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Strategic context: Antimony is designated a U.S. “Critical Mineral.” The discovery aligns with recent U.S. executive actions to accelerate domestic critical mineral production, potentially facilitating permitting and financing for the project.
Notable Quotes
“We are extremely excited about the discovery of the high‑grade antimony intercept in the new oxide gold‑antimony Bullet Zone from surface…The fact that we intercepted some of the highest grade mineralization that we have drilled to date at Limo Butte on the 1st hole testing this target concept is exceptional and a testament to our technical team.” – Brandon Bonifacio, President & CEO
“Limo Butte is well‑positioned to support the United States critical minerals strategy…Our near‑surface oxide gold‑antimony mineralization and large geological database make us a key contributor to a domestically sourced antimony supply chain.” – Brandon Bonifacio, President & CEO