Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

NevGold Announces Positive, Consistent Drill Results on Historic Gold Leach Pads Including 0.34% Antimony And 0.41 g/t Au Over 12.5 Meters; Path to Near-Term Antimony Production Continues

NevGold Validates Near-Term Antimony Production Path With Consistent Leach Pad Grades

By The Northwire Desk — AI Analysis Apr 14, 2026 · 07:45 NAU · 2.04 Nevgold Corp.
Executive Summary
  • Date: April 14, 2026.
  • Headline: NevGold Announces Positive, Consistent Drill Results on Historic Gold Leach Pads Including 0.34% Antimony And 0.41 g/t Au Over 12.5 Meters; Path to Near-Term Antimony Production Continues.
  • Core Announcement: The company reported sonic drill results from historic leach pads at the Limousine Butte Project in Nevada.
  • Key Grades: Multiple holes returned consistent antimony (Sb) and gold (Au) grades, with highlights including 0.34% Sb and 0.41 g/t Au over 12.5 meters. These grades are comparable to or higher than previous Phase I test pit sampling averages (0.27% Sb).
  • Timeline: Maiden Antimony-Gold Mineral Resource Estimate (MRE) expected in Q2-2026. Target for commercial antimony production remains 2027 via re-processing of historic pads.
  • Metallurgy: Confirmed sequential recovery results where antimony leaching has minimal impact on subsequent gold recovery.
  • Marketing Agreement: Retained GRA Enterprises LLC for US$100,000 over 12 months to support marketing efforts.
Material Impact
  • Expectation vs. Reality: This news is consistent with the trajectory established since late 2025. In January 2026, management announced Phase I pit sampling was complete and results were pending. This April release confirms those results are positive and consistent.
  • Price Context: The stock price has appreciated significantly from ~$0.30 in mid-2025 to $2.04 by April 2026, largely pricing in the successful exploration campaign (Bullet Zone, Armory Fault) and metallurgical success. This specific release validates the production thesis rather than discovering new high-grade zones.
  • Risk Mitigation: Confirming consistent grades on historic leach pads de-risks the near-term cash flow scenario (2027), which is a key investment thesis for this stage of development. However, it does not materially alter the timeline or capital requirements beyond what was previously communicated in Q1 2026 updates.
  • Conclusion: The news is positive but expected given the preceding months of drill results and metallurgical confirmations. It reinforces the existing valuation rather than triggering a re-rating event.
NAU · Price
Company Overview
  • Company: NevGold Corp. is a mineral exploration company focused on gold and antimony assets in Nevada and Idaho.
  • Flagship Project: Limousine Butte Project (Nevada). This asset hosts oxide gold-antimony mineralization with historic leach pads containing previously mined material suitable for re-processing.
  • Other Assets: Nutmeg Mountain (Idaho, Gold), Zeus Copper Project (Idaho, Copper).
  • Strategy: Leverage near-surface high-grade deposits and critical mineral status of antimony to advance toward production by 2027.
Read the original news release →

More from Nevgold Corp.

Oct 22, 2026 · 07:45

Nevgold reports high-grade gold intercepts in a 12-metre zone, though antimony-priced gold-equivalent values inflate the reported grades.

Drill Results Sep 29, 2026 · 07:45

Nevgold identifies nine new drill targets at its Nutmeg Mountain project in Idaho to expand exploration beyond known mineralized zones.

Drill Results Sep 17, 2026 · 07:45

Nevgold expands the Limo Butte oxide gold resource with low-grade intercepts but reports no high-grade antimony repeat.

Drill Results Aug 31, 2026 · 08:40

Nevgold’s Limousine Butte MRE confirms project scale despite low grades and dilution impacting sentiment.

Resource Estimate Aug 25, 2026 · 07:45

Nevgold’s first 2026 holes expanded the low-grade oxide halo but failed to repeat high-grade Bullet Zone and Armory Fault intercepts.

Drill Results Aug 18, 2026 · 12:10

Nevgold’s third-party commentary supports its July mineral resource estimate without providing new catalysts to reverse the company’s recent share price decline.

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