NevGold Intercepts 1.06 g/t Oxide Au Over 42.7 Meters Outside of 2026 MRE Pit-shell; Mineralization Also Expanded Inside Pit-Shell With 5.00 g/t Oxide Au Over 3.0 Meters Within 1.23 g/t Oxide Au Over 27.4 Meters at Limo Butte, Nevada

Original announcement by orestocks on

Company
NevGold Corp.
Ticker
NAU.V
Exchange
Unavailable
Region
Nevada
Primary commodity
Gold
Secondary commodities
Antimony
Document categories
Drill results, Resource update, Economic study, Other
Extracted
2026-09-17 12:21:39 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NevGold announced new drill results from its Limousine Butte Project in Nevada, highlighting significant oxide gold and antimony mineralization. Key intercepts include 1.06 g/t oxide Au over 42.7 meters outside the 2026 MRE pit-shell and 5.00 g/t oxide Au over 3.0 meters within 1.23 g/t oxide Au over 27.4 meters inside the pit-shell. The company is well-funded for the next 12-18 months and is advancing Preliminary Economic Assessment and engineering studies for the project.

Reasoning: NevGold's latest drill results from Limousine Butte show significant high-grade oxide gold mineralization, expanding the resource both inside and outside the existing MRE pit-shell with grades exceeding the average MRE profile. The company is well-funded and advancing towards a PEA, indicating strong project progression, though true widths are not specified and compositing parameters are undisclosed.

Positive factors

  • high-grade intercepts
  • expansion of mineralization outside MRE pit-shell
  • expansion of mineralization inside MRE pit-shell
  • grades higher than average MRE grade profile
  • fully funded for next 12-18 months
  • advancing to economic study phase

Negative factors

  • apparent width only
  • compositing cut-off undisclosed
  • significant number of assays pending

Facts used in scoring: 13

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

LB26-004Limousine Butte · goldGrade: 1.23Grade Unit: g/tIntercept: 27.4 mView all details
Link to this fact

Identity

Hole ID
LB26-004
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
1.23
Grade Unit
g/t
Intercept
27.4 m
From
164.6 m
To
192 m
Hole Depth
202.7 m
Intercept Depth
164.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-004:164.6-192
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417168
Elevation
2241 m
Azimuth
90 °
Dip
-80 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.23
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept expands mineralization inside the 2026 MRE pit-shell and converted unmineralized blocks, showing moderate gold grade and grade-thickness product.

Positive factors

  • expansion inside MRE pit-shell
  • converted unmineralized blocks
  • moderate gold grade
  • moderate grade-thickness product

Negative factors

  • apparent width only
  • cut-off undisclosed

Evidence · table

“1.23”

Context: 27.4

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · text

“LB26-004 | 27.4 | **1.23** | - | **1.23** | 164.6 | 192.0”

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Infill DrillingRejected · neutral

Confirmatory drilling to raise resource confidence, not new discovery.

Reason: Drillhole LB26-004 converted unmineralized blocks within the 2026 MRE pit-shell, indicating infill drilling.

Evidence · text

“Drillhole LB26-004 converted unmineralized blocks within the 2026 MRE pit-shell”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-004Limousine Butte · goldGrade: 5Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-004
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
5
Grade Unit
g/t
Intercept
3 m
From
178.3 m
To
181.4 m
Hole Depth
202.7 m
Intercept Depth
164.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-004:178.3-181.4
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417168
Elevation
2241 m
Azimuth
90 °
Dip
-80 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
5
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This high-grade intercept of 5.00 g/t gold is exceptional for an open-pit setting and contributes to the expansion of mineralization inside the MRE pit-shell.

Positive factors

  • bonanza gold grade
  • expansion inside MRE pit-shell
  • converted unmineralized blocks

Negative factors

  • narrow intercept length
  • apparent width only
  • cut-off undisclosed

Evidence · table

“5.00”

Context: 3.0

Tags used in scoring

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: The intercept of 5.00 g/t Au meets the exceptional threshold for open-pit gold (>=5 g/t).

Evidence · table

“5.00”

Context: 3.0

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“5.00”

Context: 3.0

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Infill DrillingRejected · neutral

Confirmatory drilling to raise resource confidence, not new discovery.

Reason: Drillhole LB26-004 converted unmineralized blocks within the 2026 MRE pit-shell, indicating infill drilling.

Evidence · text

“Drillhole LB26-004 converted unmineralized blocks within the 2026 MRE pit-shell”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-005Limousine Butte · goldGrade: 0.13Grade Unit: g/tIntercept: 36.6 mView all details
Link to this fact

Identity

Hole ID
LB26-005
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.13
Grade Unit
g/t
Intercept
36.6 m
From
83.8 m
To
120.4 m
Hole Depth
278.9 m
Intercept Depth
83.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-005:83.8-120.4
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417167
Elevation
2241 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.13
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization over a significant length.

Positive factors

  • long intercept length

Negative factors

  • weak gold grade
  • apparent width only
  • cut-off undisclosed

Evidence · table

“0.13”

Context: 36.6

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.13”

Context: 36.6

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-005Limousine Butte · goldGrade: 0.2Grade Unit: g/tIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-005
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.2
Grade Unit
g/t
Intercept
10.7 m
From
109.7 m
To
120.4 m
Intercept Depth
83.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-005:109.7-120.4
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417167
Elevation
2241 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.57
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This included intercept shows weak gold mineralization with associated antimony.

Positive factors

  • antimony mineralization present

Negative factors

  • weak gold grade
  • apparent width only
  • cut-off undisclosed

Evidence · table

“0.20”

Context: 10.7

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.20”

Context: 10.7

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-005Limousine Butte · antimonyGrade: 0.09Grade Unit: %Intercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-005
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.09
Grade Unit
%
Intercept
10.7 m
From
109.7 m
To
120.4 m
Intercept Depth
83.8 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-005:109.7-120.4
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417167
Elevation
2241 m
Azimuth
0 °
Dip
-90 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.57
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This included intercept shows antimony mineralization alongside weak gold.

Positive factors

  • antimony mineralization present

Negative factors

  • apparent width only
  • no specific grade rubric for antimony
  • cut-off undisclosed

Evidence · table

“0.09%”

Context: 10.7

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.09%”

Context: 10.7

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-006Limousine Butte · goldGrade: 0.18Grade Unit: g/tIntercept: 30.5 mView all details
Link to this fact

Identity

Hole ID
LB26-006
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.18
Grade Unit
g/t
Intercept
30.5 m
From
68.6 m
To
99.1 m
Hole Depth
288 m
Intercept Depth
68.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-006:68.6-99.1
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417168
Elevation
2241 m
Azimuth
35 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.47
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows weak gold mineralization with associated antimony.

Positive factors

  • antimony mineralization present

Negative factors

  • weak gold grade
  • apparent width only
  • cut-off undisclosed

Evidence · table

“0.18”

Context: 30.5

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.18”

Context: 30.5

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-006Limousine Butte · antimonyGrade: 0.08Grade Unit: %Intercept: 30.5 mView all details
Link to this fact

Identity

Hole ID
LB26-006
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.08
Grade Unit
%
Intercept
30.5 m
From
68.6 m
To
99.1 m
Hole Depth
288 m
Intercept Depth
68.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-006:68.6-99.1
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417168
Elevation
2241 m
Azimuth
35 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.47
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows antimony mineralization alongside weak gold.

Positive factors

  • antimony mineralization present

Negative factors

  • apparent width only
  • no specific grade rubric for antimony
  • cut-off undisclosed

Evidence · table

“0.08%”

Context: 30.5

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.08%”

Context: 30.5

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-006Limousine Butte · goldGrade: 0.51Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
LB26-006
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
6.1 m
From
74.7 m
To
80.8 m
Intercept Depth
68.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-006:74.7-80.8
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417168
Elevation
2241 m
Azimuth
35 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.06
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This included intercept shows moderate gold mineralization with associated antimony.

Positive factors

  • moderate gold grade
  • antimony mineralization present

Negative factors

  • apparent width only
  • cut-off undisclosed

Evidence · table

“0.51”

Context: 6.1

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.51”

Context: 6.1

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-006Limousine Butte · antimonyGrade: 0.14Grade Unit: %Intercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
LB26-006
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.14
Grade Unit
%
Intercept
6.1 m
From
74.7 m
To
80.8 m
Intercept Depth
68.6 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-006:74.7-80.8
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667217
Northing
4417168
Elevation
2241 m
Azimuth
35 °
Dip
-70 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.06
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This included intercept shows antimony mineralization alongside moderate gold.

Positive factors

  • antimony mineralization present

Negative factors

  • apparent width only
  • no specific grade rubric for antimony
  • cut-off undisclosed

Evidence · table

“0.14%”

Context: 6.1

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.14%”

Context: 6.1

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-007Limousine Butte · antimonyGrade: 0.2Grade Unit: %Intercept: 16.8 mView all details
Link to this fact

Identity

Hole ID
LB26-007
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
0.2
Grade Unit
%
Intercept
16.8 m
From
29 m
To
45.7 m
Intercept Depth
29 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-007:29-45.7
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667173
Northing
4417250
Elevation
2189 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.79
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept shows antimony mineralization, contributing to the overall understanding of the polymetallic nature of the deposit.

Positive factors

  • antimony mineralization

Negative factors

  • apparent width only
  • no specific grade rubric for antimony
  • cut-off undisclosed

Evidence · table

“0.20%”

Context: 16.8

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“0.20%”

Context: 16.8

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-007Limousine Butte · goldGrade: 1.06Grade Unit: g/tIntercept: 42.7 mView all details
Link to this fact

Identity

Hole ID
LB26-007
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
1.06
Grade Unit
g/t
Intercept
42.7 m
From
242.3 m
To
285 m
Hole Depth
285 m
Intercept Depth
242.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-007:242.3-285
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667173
Northing
4417250
Elevation
2189 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.06
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This intercept significantly expands oxide gold mineralization outside the 2026 MRE pit-shell with a moderate gold grade and grade-thickness product.

Positive factors

  • expansion outside MRE pit-shell
  • moderate gold grade
  • moderate grade-thickness product

Negative factors

  • apparent width only
  • cut-off undisclosed

Evidence · table

“1.06”

Context: 42.7

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“1.06”

Context: 42.7

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept expanded mineralization outside the 2026 MRE pit-shell.

Evidence · text

“High-grade oxide gold mineralization significantly expanded outside 2026 MRE pit-shell with 1.06 g/t oxide Au over 42.7 meters”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
LB26-007Limousine Butte · goldGrade: 1.89Grade Unit: g/tIntercept: 18.3 mView all details
Link to this fact

Identity

Hole ID
LB26-007
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
NAU.V

Geometry

Grade
1.89
Grade Unit
g/t
Intercept
18.3 m
From
263.7 m
To
281.9 m
Intercept Depth
242.3 m

Classification

Program
mixed
Sample Type
drill
Group ID
LB26-007:263.7-281.9
Mining Method
open_pit

Location

Location
Resurrection Ridge
Easting
667173
Northing
4417250
Elevation
2189 m
Azimuth
120 °
Dip
-60 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
American Assay Labs, Reno
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
1.89
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-17T00:00:00.000Z

Reasoning: This included intercept further expands oxide gold mineralization outside the 2026 MRE pit-shell with a moderate gold grade and grade-thickness product.

Positive factors

  • expansion outside MRE pit-shell
  • moderate gold grade
  • moderate grade-thickness product

Negative factors

  • apparent width only
  • cut-off undisclosed

Evidence · table

“1.89”

Context: 18.3

Tags used in scoring

Apparent Width Onlynegative

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

Why it applies: Downhole thickness is reported, but true width is only given as a range (70% to 90%) and not specifically for this intercept.

Evidence · text

“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”

Cut-off Undisclosednegative

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

Why it applies: The cut-off grade used for compositing the reported interval is not stated.

Evidence · table

“1.89”

Context: 18.3

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill_program_type is "mixed"

Rejected tags

Rejected tags — excluded from scoring because their label or evidence could not be verified.

Step-Out ExtensionRejected · positive

Mineralization extended beyond the previously known limit.

Reason: This intercept is part of the expansion of mineralization outside the 2026 MRE pit-shell.

Evidence · text

“LB26-007 Lower (expansion outside of 2026 pit-shell): 1.89 g/t oxide Au over 18.3 meters within 1.06 g/t oxide Au over 42.7 meters”

QA/QC DisclosedRejected · positive

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

Reason: The release mentions QA/QC protocols, ISO 17025 certified lab, and QP sign-off.

Evidence · text

“NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno. Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”

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.