NevGold's Gold-Antimony Discovery: A Dual-Commodity Opportunity in Nevada

NevGold Corp. (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) has made a significant discovery at its Limousine Butte Project in Nevada, with high-grade gold-antimony results that include 1.20 g/t Au and 0.64% antimony (Sb) over 54.9 meters, including an impressive 2.12 g/t Au and 1% antimony (Sb) over 12.2 meters. This discovery presents a compelling dual-commodity opportunity for the company and has strategic implications for its market position and valuation.

The Limousine Butte Project is fully permitted for drilling under the November 2024 Plan of Operations, allowing NevGold to advance the gold and antimony potential at the project more quickly. The discovery of significant antimony potential at Limousine Butte positions NevGold to contribute to the domestic supply of this critical mineral, which is currently 90% controlled by China, Russia, and Tajikistan. Antimony is classified as a "Critical Mineral" in the United States, essential for national security, clean energy, and technology applications.



The high-grade antimony intersections discovered at NevGold's Limousine Butte Project are significant for several reasons. Firstly, the discovery of high-grade antimony, with samples containing up to 10% Sb, is notable because antimony is classified as a "Critical Mineral" by the United States. This classification is based on the U.S. Geological Survey's 2022 list, which designates metals and non-metals essential to the economy and national security (U.S.G.S. (2022)). Antimony's criticality is due to its wide range of applications, including military uses such as armor piercing bullets and night vision equipment, as well as clean energy and technology applications.

Secondly, the high-grade antimony intersections are significant in the context of global supply chain concerns. Currently, approximately 90% of global antimony supply is produced by China, Russia, and Tajikistan (NevGold News Release, Feb. 20, 2025). The discovery of a significant domestic source of high-grade antimony in the United States could help alleviate these supply chain concerns and reduce dependence on foreign producers.

Lastly, the high-grade antimony intersections at Limousine Butte are significant because they coincide with priority gold targets at the project. This creates a compelling dual-commodity opportunity, as the project already has significant gold potential. The discovery of high-grade antimony further enhances the project's value and potential for future development.



In conclusion, NevGold's discovery of significant gold-antimony results at the Limousine Butte Project presents a strategic opportunity for the company to explore and develop both gold and antimony prospects, contribute to the domestic supply of a critical mineral, and potentially enhance its market position and valuation. The dual-commodity opportunity, coupled with the project's fully permitted status, positions NevGold well for future exploration and development. Investors should closely monitor NevGold's progress at the Limousine Butte Project and consider the strategic implications of this discovery for the company's market position and valuation.