Northwire Canada EditionWednesday, July 15, 2026
Sign inSubscribe
Northwire
⌕
WCU 0.010 +0.0% NTH 0.160 −3.0% GGM 0.035 +0.0% FG 0.035 +0.0% EFR 17.83 −4.1% IVN 10.66 −1.1% MASS 0.090 +0.0% LIF 26.69 −1.9% CPAU 0.155 +0.0% PTX 0.105 −4.5% VENT 0.160 +0.0% ANK 0.285 −1.7% ODV 3.36 −0.3% MINK 0.105 +0.0% ZEN 0.690 +7.8% LCE 0.250 +4.2% WCU 0.010 +0.0% NTH 0.160 −3.0% GGM 0.035 +0.0% FG 0.035 +0.0% EFR 17.83 −4.1% IVN 10.66 −1.1% MASS 0.090 +0.0% LIF 26.69 −1.9% CPAU 0.155 +0.0% PTX 0.105 −4.5% VENT 0.160 +0.0% ANK 0.285 −1.7% ODV 3.36 −0.3% MINK 0.105 +0.0% ZEN 0.690 +7.8% LCE 0.250 +4.2%
Drill Results Material +

NevGold Mobilizes Drill To Test Historical Leach Pads To Advance The Near-Term Antimony Production Scenario at Limo Butte

NevGold pivots to critical minerals as antimony supply crunch triggers fast-track production strategy in Nevada.

By The Northwire Desk — AI Analysis Mar 12, 2026 · 08:48 NAU · 1.22 Nevgold Corp.
Executive Summary

The most recent news (March 12, 2026) announces the mobilization of a drill rig to the Limousine Butte Project in Nevada to specifically test historical gold heap leach pads for antimony (Sb) content. This follows a series of high-grade discoveries at the "Bullet Zone" and "Armory Fault." The company aims to define a Mineral Resource Estimate (MRE) for these pads by early Q2-2026, targeting antimony metal production by 2027. Metallurgical tests have already shown up to 92% antimony recovery via acid leaching with minimal impact on gold recovery.

Material Impact

The shift from a pure exploration play to a "near-term production scenario" is a material positive transformation. - Strategic Pivot: By targeting historical leach pads (already mined material on surface), NevGold significantly lowers the capital intensity and permitting timeline typically associated with new open-pit mines. - Geopolitical Tailwinds: The focus on Antimony—a critical mineral with zero current US domestic production and Chinese export restrictions—positions the company for potential government funding (similar to Perpetua Resources). - Resource Validation: Recent drilling at the Bullet Zone (e.g., 8.51 g/t AuEq over 10.6m) confirms that the primary "in-ground" resource is also high-grade, providing long-term scalability beyond the initial leach pad strategy. - Execution: The company is meeting its stated 2025-2026 milestones, having completed 30 holes and moved rapidly from discovery (Oct 2025) to production planning (March 2026).

NAU · Price
Company Overview

NevGold is a North American explorer focused on Gold, Antimony, and Copper. - Flagship: Limousine Butte (Nevada), a brownfield site with historical gold production. It has evolved into a dual-commodity project (Gold-Antimony) with two main zones: Resurrection Ridge and Cadillac Valley. - Secondary Projects: Nutmeg Mountain (Idaho) with a 1.18M oz Au Indicated resource, and the Zeus Copper Project (Idaho) adjacent to Barrick Gold.

Read the original news release →

More from Nevgold Corp.

Jul 15, 2026 · 07:45

Nevgold’s maiden oxide gold-antimony resource at the Nevada project contains 181,000 ounces of gold and 29,600 tonnes of antimony measured and indicated resources.

Resource Estimate Jun 18, 2026 · 08:47

Nevgold drills ahead of schedule at Auld Creek as fast-track permitting nears decision and the PFS timeline holds.

Drill Results Jun 11, 2026 · 16:25

Nevgold settles remaining debt with Mercer Street and secures C$50 million in liquidity to support its 2027 antimony production plans.

Financings May 29, 2026 · 09:05

NevGold Surface Sampling Confirms High-Grade Antimony Potential Amidst Critical Mineral Rally

Drill Results May 28, 2026 · 07:45

NevGold’s Limousine Butte Waste Dump Yields Bonanza-Grade Antimony, but the Market Awaits a Maiden Resource

Drill Results May 25, 2026 · 12:10

From forgotten gold heap to strategic antimony source, NevGold resurrects a 1989 leach pad.

Drill Results