NevGold Drills 8.51 g/t Oxide AuEq Over 10.6 Meters (8.11 g/t Au And 0.10% Antimony) Within 2.32 g/t Oxide AuEq Over 86.8 Meters (1.94 g/t Au And 0.10% Antimony); Discovers High-Grade Oxide Gold-Antimony “Armory Fault” Structure At Bullet Zone

Core Insights - NevGold Corp. announced a significant high-grade oxide gold-antimony discovery at the "Armory Fault" within the Bullet Zone of its Limousine Butte Project in Nevada, marking a transformational development in understanding the structural controls of mineralization [1][4] - The ongoing exploration program aims to advance both near-term antimony production from historical gold leach pads and the definition of an initial gold-antimony Mineral Resource Estimate (MRE) [1][3] Exploration and Drilling Results - The "Armory Fault" discovery has revealed high-grade oxide gold-antimony mineralization with notable drill results, including 8.51 g/t AuEq over 10.6 meters and 12.34 g/t AuEq over 3.0 meters in the LB25-017 Lower Zone [3][10] - All drillholes in the Bullet Zone have intercepted significant oxide gold-antimony mineralization, validating the new geological model and expanding the mineralization footprint [3][15] - The 2025-2026 drill program has completed 30 holes, with 12 additional holes pending results, focusing on testing the new high-grade discoveries and project-wide targets [3][6] Geological Model and Mineralization - The updated geological model indicates that the older dolomite unit was thrust over the prospective Pilot Shale unit, creating favorable conditions for mineralization [14][19] - The preserved Pilot Shale extends over one kilometer east of prior drilling, suggesting significant potential for further mineralization [15][17] - The discovery of the "Armory Fault" is expected to replicate across the project, with multiple high-priority targets emerging for future drilling [4][19] Importance of Antimony - Antimony is classified as a "Critical Mineral" by the U.S. due to its strategic importance in military applications and technology, with a significant portion of global supply coming from China, Russia, and Tajikistan [20][21] - The U.S. Department of Defense has prioritized domestic production of antimony to mitigate supply chain disruptions, highlighting the relevance of projects like Limousine Butte [21][22]