NevGold Starts Drilling And Identifies Additional Stibiconite (Oxide Antimony Mineral) Outcrops at Gold-Antimony Limo Butte Project

Core Viewpoint - NevGold Corp. has initiated its 2025 drill program at the Limousine Butte Project in Nevada, focusing on the potential for oxide gold-antimony mineralization and aiming to advance towards an initial Mineral Resource Estimate [1][3]. Group 1: Drill Program Details - The company has commenced a 5,000 meter Reverse Circulation drill program targeting the Resurrection Ridge and Cadillac Valley areas, with the initial phase starting at Resurrection Ridge [4]. - This drill program is the first to focus on both gold and antimony at the project, utilizing a large historical drillhole database for delineation and expansion [4]. - The program is conducted under an approved Plan of Operations permit, allowing exploration of previously untested targets, which enhances mineralization expansion potential [4]. Group 2: Geological Insights - Recent construction activities have exposed new stibiconite outcrops, indicating strong geological potential on the eastern side of Resurrection Ridge, with mineralization open to the east [4]. - The technical team has developed a comprehensive understanding of the regional and project geology, which supports the advancement of the project [3]. Group 3: Company Strategy and Market Context - The company emphasizes its capability to rapidly advance project development due to its institutional knowledge and the favorable macroeconomic environment for domestic mineral projects in the United States [3]. - The focus remains on unlocking the gold-antimony potential at Limousine Butte, reflecting a commitment to high-quality mineral exploration and development [3].