# First Three Holes of a 20,000-Meter Program Just Pushed a U.S. Antimony-Gold Resource Beyond Its Own Boundaries

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344

Original source: https://money.tmx.com/en/quote/NAU/news/4672783831854223/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso

Publisher: tmx

Original announcement: 2026-08-26T12:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: NevGold Corp.

- Ticker: NAU

- Exchange: TSX

- Region: Nevada

- Primary commodity: Antimony

- Secondary commodities: Gold

- Document categories: Drill results, Other

- Extracted: 2026-09-12 14:22:30 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

NevGold Corp. reported high-grade antimony-gold drill results from the first three holes of its 20,000-meter program at the Limousine Butte project in Nevada. The intercepts extended mineralization more than 100 meters beyond the current resource boundary and included near-surface intercepts.

Reasoning: The first three holes of a 20,000m program intercepted mineralization &gt;100m outside the current resource boundary with grades higher than the existing MRE, representing significant step-out success.

- Positive factor: Step-Out Extension

- Positive factor: Resource expansion outside current boundary

- Positive factor: High-grade intercepts relative to existing MRE

- Positive factor: Near-surface mineralization

- Negative factor: Apparent width only \(true width not explicitly stated for all intercepts\)

Facts used in scoring: 10

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Intercepted mineralization more than 100 meters outside the current resource boundary.

Evidence · text

> intercepted mineralization more than 100 meters outside the current resource boundary

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release mentions technical content was reviewed by a Qualified Person under NI 43-101.

Evidence · text

> The technical content of the underlying release was reviewed by the company's Qualified Person under National Instrument 43-101.

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Reported thicknesses are downhole widths with true widths estimated at 70-90%.

Evidence · text

> reported thicknesses are downhole widths, with true widths estimated at roughly 70% to 90% of those figures.

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Drill Results (10)

### LB26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-0)

Limousine Butte · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte
- Commodity: antimony
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 1.16
- Grade Unit: %
- Intercept: 3 m
- From: 0 m
- To: 3 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LB26-003:0-3
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Metal Equivalent

- Metal Eq. Grade: 1.38
- Metal Eq. Unit: g/t gold-equivalent
- Assumptions Disclosed: Yes

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: High-grade antimony intercept \(1.16%\) that extends the resource boundary by over 100m.

- Positive factor: Bonanza Intercept

- Positive factor: Step-Out Extension

Evidence · text

> Hole LB26-003 returned 1.16% antimony over 3.0 meters within a broader 1.38 g/t gold-equivalent interval over 50.3 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-1)

Limousine Butte · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 50.3 m
- From: 0 m
- To: 50.3 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LB26-003:0-50.3
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: Broad gold-equivalent interval associated with the antimony intercept, extending the resource footprint.

- Positive factor: Step-Out Extension

Evidence · text

> 0.19 g/t gold\) starting from surface

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-2)

Limousine Butte · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte
- Commodity: antimony
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.31
- Grade Unit: %
- Intercept: 50.3 m
- From: 0 m
- To: 50.3 m
- Intercept Depth: 0 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LB26-003:0-50.3
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: Part of the broad 50.3m interval extending the resource boundary.

- Positive factor: Step-Out Extension

Evidence · text

> 0.31% antimony

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-003

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-3)

Limousine Butte · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 1.31
- Grade Unit: g/t
- Intercept: 13.7 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: A separate lower zone of gold-equivalent mineralization reported in the same hole.

Evidence · text

> returned a separate lower zone of 1.31 g/t gold-equivalent over 13.7 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-4)

Limousine Butte · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 3.94
- Grade Unit: g/t
- Intercept: 6.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: High-grade gold-equivalent lower zone intercept.

Evidence · text

> LB26-002 returned a lower zone of 3.94 g/t gold-equivalent over 6.1 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-5)

Limousine Butte · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte
- Commodity: antimony
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.95
- Grade Unit: %
- Intercept: 6.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LB26-002:lower\_zone
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: Antimony component of the 6.1m gold-equivalent intercept.

Evidence · text

> 0.95% antimony

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-6)

Limousine Butte · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 6.1 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LB26-002:lower\_zone
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: Gold component of the 6.1m gold-equivalent intercept.

Evidence · text

> 0.25 g/t gold

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-7)

Limousine Butte · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 1.04
- Grade Unit: g/t
- Intercept: 65.5 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: Broader gold-equivalent interval in LB26-002.

Evidence · text

> within a broader 1.04 g/t gold-equivalent interval over 65.5 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-8)

Limousine Butte · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 3.3
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: High-grade gold-equivalent lower zone intercept.

Evidence · text

> LB26-001 returned a lower zone of 3.30 g/t gold-equivalent over 3.0 meters

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### LB26-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--86e3020b-3675-42ca-acc7-e46592048344#fact-drill-facts-9)

Limousine Butte · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 2.39
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Program: exploration
- Sample Type: drill
- Group ID: LB26-001:lower\_zone
- Mining Method: open\_pit

#### Location

- Location: Bullet Zone and Armory Fault area
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-08-26T00:00:00.000Z

Reasoning: Strong gold hit driving the gold-equivalent grade.

Evidence · text

> driven by a strong 2.39 g/t gold hit

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
