Northwire Canada EditionTuesday, November 10, 2026
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Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0% Gold 4,114.50 +1.0% Silver 52.69 +1.4% Copper 6.38 +2.3% Oil 86.38 −4.9% Palladium 1,037.50 +2.0% HMMC 5.30 +2.7% EQX 17.02 +4.8% URE 1.13 +7.6% VRB 0.050 −9.1% GGO 1.22 +9.9% EFF 0.030 +0.0% AXO 1.07 +0.9% VGZ 4.01 +3.1% WGLD 0.120 +0.0% AAUC 33.15 +1.9% EDR 11.80 +6.7% CNRI 0.195 +0.0% STND 0.065 +8.3% SHL 0.375 +0.0% MAI 4.39 +3.0% GCN 0.030 +0.0%
Drill Results

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.

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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