NevGold Intercepts 1.11% Antimony Over 6.1 Meters, Within 1.93 g/t AuEq Over 100.6 Meters (1.07 g/t Au And 0.22% Antimony) From Surface; Focus On Maiden Antimony-Gold Mineral Resource Estimate and Near-Term Antimony Production

• On 2026‑04‑09 NevGold released its full 2025 drilling results from the Limousine Butte (Limo Butte) Project.
• Highlight intercepts include:
• Resurrection Ridge – Hole LB25‑1023A: 1.93 g/t AuEq over 100.6 m (1.07 g/t Au + 0.22 % Sb), with a sub‑interval of 1.11 % Sb over 6.1 m.
• Cadillac Valley – Hole LB25‑1005: 1.76 g/t AuEq over 12.2 m (1.60 g/t Au + 0.04 % Sb).
• Cadillac Valley – Hole LB22‑1008: 9.45 g/t AuEq over 4.3 m (2.29 % Sb + 0.54 g/t Au).
• The company reaffirmed its schedule to complete a maiden antimony‑gold Mineral Resource Estimate (MRE) in Q2 2026 and to commence near‑term antimony production from historic gold leach pads by 2027, using only re‑processing of existing material.
• Metallurgical work continues to confirm oxide antimony leaching and heap‑leachable gold flowsheets.
• A stock option grant of 250,000 options at $1.72 per share was announced (vest 50 % now, 50 % after 12 months; expiry 2028‑04‑09).

• New information: The drill results provide the first publicly disclosed high‑grade AuEq intercepts for Q2 2026 MRE calculations. The 9.45 g/t AuEq interval is especially notable, representing one of the highest combined gold‑antimony grades reported to date on the project.
• Expectation vs. reality: Prior guidance already indicated a “high‑grade oxide antimony‑gold system” and an MRE target for Q2 2026. The actual intercepts exceed earlier speculative grades (most historic holes were sub‑1 g/t AuEq). This materially improves the resource outlook and validates the geological model, reducing exploration risk.
• Market reaction: The stock price jumped from C$1.65 on 2026‑04‑07 to C$1.72 on 2026‑04‑09 (+4 %). The move is consistent with a material positive catalyst but not a game‑changing event (the company remains early‑stage, no production yet).
• Risk considerations: While grades are strong, the resource is still at the estimate stage; permitting and financing for antimony processing remain pending. The announced option grant modestly dilutes existing shareholders but aligns management incentives with near‑term milestones.

NevGold Corp. focuses on the Limousine Butte Project (Nevada, USA), an oxide‑type antimony‑gold system located near historic gold leach pads. The project targets a maiden antimony‑gold MRE in Q2 2026 and aims to produce antimony metal by 2027 through re‑processing of existing pad material, avoiding new mining. Ancillary assets include the Nutmeg Mountain gold project (Idaho) and Zeus copper project (Idaho).