NevGold Files NI 43-101 Maiden Resource Estimate for Limousine Butte Gold-Antimony Project, Nevada

The Quick Take

• NevGold Corp (TSXV: NAU) filed its maiden NI 43-101 Technical Report for the Limousine Butte gold-antimony project in Nevada
• The inaugural Mineral Resource Estimate provides a formal SEDAR+-compliant resource base for the Nevada project
• The filing enables NevGold to advance discussions with potential project financiers and strategic partners

NevGold Corp has filed its maiden NI 43-101-compliant Technical Report for the Limousine Butte gold-antimony project in Nevada, a critical milestone that transforms the exploration-stage asset into a formally resource-defined project eligible for development financing. The Mineral Resource Estimate published via SEDAR+ establishes a regulatory-compliant resource base under Canadian securities standards — a prerequisite for project financing, stream or royalty deals, and strategic acquisition discussions with larger mining companies. Nevada is a Tier-1 mining jurisdiction with established permitting pathways, adding credibility to the project's development timeline.

The inclusion of antimony as a co-product alongside gold gives Limousine Butte strategic significance beyond a standalone gold play. Antimony is a critical mineral designation in both the United States and Canada, with supply chains heavily dependent on Chinese production — China controls approximately 70% of global antimony supply, creating significant strategic motivation for Western governments and defence contractors to develop alternative sources. Any Nevada-based antimony resource adds optionality for government-backed offtake agreements or critical minerals loan guarantees under US Department of Defence and DOE programmes.

The forward signal is NevGold's updated resource size and grade profile from the maiden estimate, which will determine the project's economic threshold and attractiveness to joint-venture or acquisition interest. Regulatory triggers include Nevada's permitting timeline for any progressed drilling or prefeasibility studies. The macro variable is gold price — at current elevated levels, marginal and development-stage gold projects attract stronger capital market interest, while an antimony price above $15,000/tonne (reflecting recent Chinese export restrictions) further enhances the project's economic potential and creates urgency for Western supply development.

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