NevGold Announces Up To 53.7% Antimony, And Fourteen Samples Over 2% Antimony, From Surface Sampling On Pre-Strip Dump
NevGold’s Limousine Butte Waste Dump Yields Bonanza-Grade Antimony, but the Market Awaits a Maiden Resource
The most recent news (May 28, 2026) reports the first detailed surface sampling results from the historical Pre-Strip Dump at the Limousine Butte project. Grab and grid samples returned up to 53.71% antimony, with six samples above 10% Sb and fourteen samples above 2% Sb. The company is nearing completion of a maiden antimony-gold Mineral Resource Estimate (MRE) that will incorporate this dump material, historical gold leach pads, Resurrection Ridge, Cadillac Valley, and satellite targets based on a ~130,000‑meter drillhole database. Separately, NevGold entered a US$711,150 marketing contract, bringing total marketing fees to US$915,482.
The exceptionally high antimony grades are eye‑catching—53.7% Sb far exceeds anything previously reported at Limousine Butte. However, these are surface grab samples from a previously identified waste‑dump stockpile, not in‑situ drill intercepts, and no tonnage or continuity was provided. The existence of this stockpile was already flagged in the April 2, 2026 release; today’s results are the follow‑up assays that were pending. Therefore, while the grades are positive, the news is an expected update on a known target and does not materially alter the project’s scope or timeline. The marketing contract is a cost item, not a value driver. Overall, the release reinforces the antimony story but lacks the “genuinely new and unexpected” character required for a material rating.
NevGold is a Canadian‑based explorer/developer focused on gold and antimony in Nevada and Idaho. Its flagship Limousine Butte project (Nevada) is a brownfield oxide gold‑antimony system with significant historical gold mining (leach pads). The company is targeting near‑term antimony production by 2027 from historical leach pads, bypassing the need for new large‑scale mining. A maiden antimony‑gold MRE is due in Q2 2026. Other assets include the Nutmeg Mountain gold project (Idaho, 1.2 Moz indicated) and the Zeus copper project (Idaho, early stage).