NevGold defines large gold-antimony resource in Nevada with near-term potential
Jul 15, 2026, 10:41 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
The maiden MRE defines a sizable gold-antimony resource in a premier US jurisdiction, aligning with a shift toward domestic critical minerals; near-term catalysts include surface material production potential and 2026 drill results, which could de-risk and expand the resource. Promotional framing lowers conviction but data supports a potential re-rating if assays and MRE updates advance.
AI summary
What happened, with direct paths to the underlying reporting
NevGold announced a maiden Mineral Resource Estimate for Limousine Butte in Nevada, signaling significant near-term antimony production potential from surface material. The MRE shows 29,600 t Sb M&I at 0.26% and 48,100 t Sb Inferred at 0.18%, plus 181,400 oz Au Indicated at 0.37 g/t and 1,203,500 oz Au Inferred at 0.32 g/t, with a 20,000 m, 2026 drill program to expand the resource.
Maiden gold-antimony MRE defined at Limousine Butte, Nevada.
Sb: 29,600 t M&I; 48,100 t Inferred.
Au: 181,400 oz Indicated; 1,203,500 oz Inferred.
2026 drill program: two rigs, 20,000 m.
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