NevGold's Limousine Butte: A Beacon of U.S. Mineral Security in a Turbulent World

In a world grappling with supply chain vulnerabilities and geopolitical tensions, the U.S. has turned its focus inward to secure critical minerals vital for national defense and technological advancement. Among the emerging players in this strategic shift is NevGold Corp and its flagship Limousine Butte Project in Nevada—a project poised to deliver a dual punch of high-grade gold and antimony, two minerals that are both economically valuable and geopolitically indispensable. With a 2025 Mineral Resource Estimate (MRE) on the horizon, the project's timing aligns perfectly with U.S. policies aimed at reducing reliance on foreign supply chains. Let's dissect why this could be a once-in-a-decade opportunity.

The Critical Minerals Crisis and Antimony's Strategic Role

The U.S. government's designation of antimony as a “Critical Mineral” underscores its irreplaceable role in defense, fire retardants, and advanced batteries. Yet, over 90% of global antimony production comes from China, Russia, and Tajikistan—a stark imbalance worsened by China's export restrictions since September 2024. These actions have created a supply vacuum that the U.S. is desperate to fill.

Enter the Limousine Butte Project, which sits atop one of Nevada's most historically productive antimony zones. The project's oxide gold-antimony mineralization, hosted in Devonian Pilot Shale—a bedrock famously rich in Carlin-type gold deposits—offers a rare domestic source of both gold and antimony. With the U.S. Executive Order (March 20, 2025) fast-tracking permits and funding for critical mineral projects, NevGold is positioned to capitalize on this policy tailwind.

Limousine Butte: A Gold-Antimony Powerhouse

The project's high-grade intersections are nothing short of impressive. At Resurrection Ridge, drill hole LB21-004 returned 9.68 g/t AuEq over 11.6 meters within a broader interval of 2.85 g/t AuEq over 60.3 meters—a standout result that hints at the project's grade potential. Meanwhile, Cadillac Valley's LB22-007 delivered 1.70 g/t AuEq over 169.2 meters, demonstrating continuity across a 5km strike length. These results are critical for building a robust MRE, with over 30 pending drill results expected to feed into the 2025 estimate.

But antimony's role is equally compelling. Historic rock chip samples from the area have yielded up to 9.6% Sb, and metallurgical testwork underway—with over 100kg of bulk samples—aims to optimize recovery flowsheets for both gold and antimony. Success here could unlock a dual revenue stream, especially as antimony prices remain elevated due to global shortages.

2025 Mineral Resource Estimate: The Catalyst for Value

The 2025 MRE is the linchpin of this story. NevGold plans to re-analyze historical data and drill new high-grade zones starting in July . Once completed, this estimate will define the project's economic viability and attract serious development interest.

Crucially, the U.S. government's $750M DOD funding for critical minerals (as seen in Perpetua Resources' Stibnite project) could be a template for Limousine Butte. With Nevada's mining-friendly regulatory environment and an already-approved Plan of Operations (PoO), permitting risks are minimized. This sets the stage for a potential rapid path to production if the MRE delivers as expected.

Risks and Considerations

No investment is without risk. Metallurgical challenges loom large: re-assays for samples exceeding 1% Sb (historical limits) could alter resource estimates. Additionally, while China's antimony restrictions are a tailwind, a sudden easing of those policies could dampen prices. Geopolitical shifts and permitting delays also pose risks. However, the project's advanced stage, strategic location, and alignment with U.S. policy mitigate these concerns significantly.

Investment Thesis: A Premier Play for Domestic Mineral Security

NevGold Corp is more than a mining stock—it's a national security asset. The combination of high-grade gold-antimony mineralization, policy tailwinds, and an imminent MRE creates a compelling risk-reward profile. With the U.S. government prioritizing domestic critical mineral production, Limousine Butte is primed to become a cornerstone of the country's supply chain resilience.

For investors, this is a buy-and-hold opportunity with multiple catalysts: the MRE release, metallurgical results, and potential funding announcements. While volatility is inevitable in exploration stocks, the strategic importance of the project's commodities and NevGold's execution to date suggest this is a rare chance to back a company at the forefront of a global mineral renaissance.

Final Verdict: Consider accumulating shares of NevGold Corp ahead of the 2025 MRE. This project isn't just about profits—it's about securing the minerals that will power the future.