# From China's Export Ban To A Nevada Leach Pad: The Junior With a Domestic Solution to the US Antimony Supply Chain Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio--9eb73c34-6f63-47b8-a89d-cbb4fe8c1ed1 Original source: https://money.tmx.com/en/quote/OLA/news/5978085991058877/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio Publisher: tmx Original announcement: 2026-05-13T12:53:00.000Z 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, Metallurgy, Capital raise - Extracted: 2026-09-16 14:54:05 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary NevGold Corp. has reported significant drill results at its Resurrection Ridge site, including a 1.11% antimony intercept over 6.1 meters. The company also validated a sequential metallurgical process capable of recovering up to 99% gold after antimony leaching and successfully upsized a private placement to C$42.2 million. Reasoning: The company has delivered a series of high-impact catalysts including significant drill intercepts, validated sequential metallurgy, and a substantial capital raise, positioning it as a key domestic antimony play. - Positive factor: High-grade antimony intercept \(1.11% over 6.1m\) - Positive factor: Strong metallurgical recoveries \(up to 99% Au after Sb leaching\) - Positive factor: Upsized capital raise \(C$42.2M\) on strong demand - Positive factor: Near-term production pathway \(2027\) from brownfield site Facts used in scoring: 6 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: 1.11% antimony over 6.1m is a high-grade intercept for an antimony project. Evidence · text > high-grade interval of 1.11% antimony over 6.1 meters **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: The document names a Qualified Person \(Greg French, CPG\) responsible for technical disclosures. Evidence · text > reviewed and approved by Greg French, CPG, the Company's Vice President, Exploration, who is NevGold's Qualified Person **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: Gold recoveries reached up to 99% in Phase II testwork. Evidence · text > individual samples reaching 99% **Heap Leach Route** Polarity: neutral Definition: Processing via heap leach — lower CAPEX and OPEX, lower recovery expected. Why it applies: the document describes a heap\_leach route \("heap leach"\) **Multi-Domain Tested** Polarity: positive Definition: Variability across ore domains \(oxide, transition, fresh\) has been addressed. Why it applies: 2 distinct composites were tested ## Extracted facts Stored fact records: 6. Some facts used in scoring do not have a stored record. ## Drill Results (4) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio--9eb73c34-6f63-47b8-a89d-cbb4fe8c1ed1#fact-drill-facts-0) Limousine Butte · antimony Needs review: drill\_no\_hole\_id #### Identity - Project: Limousine Butte - Commodity: antimony - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 1.11 - Grade Unit: % - Intercept: 6.1 m #### Classification - Sample Type: drill - Group ID: Resurrection\_Ridge:1.11%-6.1m - Mining Method: open\_pit #### Location - Location: Resurrection Ridge - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Significant high-grade antimony intercept reported. - Positive factor: High grade antimony intercept Evidence · text > high-grade interval of 1.11% antimony 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 ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio--9eb73c34-6f63-47b8-a89d-cbb4fe8c1ed1#fact-drill-facts-1) Limousine Butte · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Limousine Butte - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 1.07 - Grade Unit: g/t - Intercept: 100.6 m #### Classification - Sample Type: drill - Group ID: Resurrection\_Ridge:1.11%-6.1m - Mining Method: open\_pit #### Location - Location: Resurrection Ridge - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Broad gold intercept supporting bulk-tonnage potential. - Positive factor: Large width intercept Evidence · text > 1.07 g/t gold + 0.22% 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 ### LB25-024 [Link to this fact](https://atlas-extractions.minestarters.com/news/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio--9eb73c34-6f63-47b8-a89d-cbb4fe8c1ed1#fact-drill-facts-2) Limousine Butte · antimony #### Identity - Hole ID: LB25-024 - Project: Limousine Butte - Commodity: antimony - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 2.64 - Grade Unit: % - Intercept: 7.7 m #### Classification - Sample Type: drill - Group ID: LB25-024:2.64%-7.7m - Mining Method: open\_pit #### Location - Location: Limousine Butte - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Strong historical drill result. - Positive factor: High grade antimony Evidence · text > 2.64% Sb + 1.17 g/t Au #### 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 ### LB25-024 [Link to this fact](https://atlas-extractions.minestarters.com/news/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio--9eb73c34-6f63-47b8-a89d-cbb4fe8c1ed1#fact-drill-facts-3) Limousine Butte · gold #### Identity - Hole ID: LB25-024 - Project: Limousine Butte - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 1.17 - Grade Unit: g/t - Intercept: 7.7 m #### Classification - Sample Type: drill - Group ID: LB25-024:2.64%-7.7m - Mining Method: open\_pit #### Location - Location: Limousine Butte - Loc. Source: document #### QA/QC - QP Signed: Yes - QA/QC Methods: standards #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Gold component of historical intercept. Evidence · text > 2.64% Sb + 1.17 g/t Au #### 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 ## Metallurgical Results (2) ### cyanide shake test [Link to this fact](https://atlas-extractions.minestarters.com/news/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio--9eb73c34-6f63-47b8-a89d-cbb4fe8c1ed1#fact-metallurgical-facts-4) Limousine Butte · gold #### Identity - Project: Limousine Butte - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NAU #### Test Work - Program Status: detailed - Test Type: cyanide shake test - Sample: residual tailings after antimony leaching #### Recovery - Recovery: 99 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Very high gold recovery from residual material. - Positive factor: Exceptional gold recovery Evidence · text > individual samples reaching 99% #### Tags used in scoring **High Recovery** Polarity: positive Definition: Recovery at or above the exceptional band for the commodity and processing route. Why it applies: 99% is at or above the exceptional band \(95%\) ### acid leach [Link to this fact](https://atlas-extractions.minestarters.com/news/from-china-s-export-ban-to-a-nevada-leach-pad-the-junior-with-a-domestic-solutio--9eb73c34-6f63-47b8-a89d-cbb4fe8c1ed1#fact-metallurgical-facts-5) Limousine Butte · antimony #### Identity - Project: Limousine Butte - Commodity: antimony - Region: usa\_nv - Reported Region: Nevada - Ticker: NAU #### Test Work - Program Status: detailed - Test Type: acid leach - Sample: oxide antimony-gold material #### Recovery - Recovery: 92 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-13T00:00:00.000Z Reasoning: Solid antimony recovery reported. - Positive factor: Strong antimony extraction Evidence · text > Acid leach antimony extraction across the tested samples ranged from 54% to 92% ## 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.