# The Critical Mineral Hiding in Plain Sight on a Past-Producing Nevada Gold Mine Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82 Original source: https://money.tmx.com/en/quote/FDR/news/5277774529924461/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine Publisher: tmx Original announcement: 2026-04-29T13:20:00.000Z 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: Gold - Secondary commodities: Antimony - Document categories: Drill results, Metallurgy - Extracted: 2026-09-12 03:46:10 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary NevGold Corp. has reported significant antimony-gold drill intercepts at its Limousine Butte project in Nevada, including a 7.7m intercept at 11.42 g/t AuEq. Metallurgical testwork also confirmed high gold recoveries \(up to 99%\) following antimony leaching, supporting a sequential recovery flowsheet. Reasoning: The document reports high-grade drill intercepts and strong metallurgical results for a strategic critical mineral \(antimony\) at a brownfield gold site. - Positive factor: High-grade antimony-gold intercepts - Positive factor: Strong metallurgical gold recoveries after antimony leaching - Positive factor: Strategic critical mineral \(antimony\) focus - Positive factor: Near-surface oxide deposit profile - Negative factor: Upcoming maiden MRE still pending Facts used in scoring: 9 ## Classification and evidence **Bonanza Intercept** Polarity: positive Definition: Exceptionally high-grade zone, well above the deposit-type norm. Why it applies: Hole LB25-024 hit 11.42 g/t AuEq over 7.7m, which is high grade for this context. Evidence · text > Hole LB25-024 at the Resurrection Ridge target hit 11.42 g/t gold-equivalent over 7.7 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 mentions metallurgical testwork results and re-assays of historical drill core. Evidence · text > Re-assays of historical drill core have also upgraded the database **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("concentrate"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 9. Some facts used in scoring do not have a stored record. ## Drill Results (8) ### LB25-024 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-0) 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 - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB25-024:null-null - Mining Method: open\_pit #### Location - Location: Resurrection Ridge - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: High grade gold intercept within a gold-equivalent zone. - Positive factor: High grade intercept #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ### LB25-024 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-1) 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 - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB25-024:null-null - Mining Method: open\_pit #### Location - Location: Resurrection Ridge - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: Significant antimony grade reported in a strategic mineral context. - Positive factor: High grade antimony intercept #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ### LB25-024 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-2) Limousine Butte · gold #### Identity - Hole ID: LB25-024 - Project: Limousine Butte - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 0.67 - Grade Unit: g/t - Intercept: 27.4 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB25-024:null-null - Mining Method: open\_pit #### Location - Location: Resurrection Ridge - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: Wide intercept of gold-equivalent mineralization. - Positive factor: Wide intercept #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ### LB25-024 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-3) Limousine Butte · antimony #### Identity - Hole ID: LB25-024 - Project: Limousine Butte - Commodity: antimony - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 1.09 - Grade Unit: % - Intercept: 27.4 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB25-024:null-null - Mining Method: open\_pit #### Location - Location: Resurrection Ridge - Loc. Source: document #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: Wide intercept of antimony mineralization. - Positive factor: Wide intercept #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ### LB22-025 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-4) Limousine Butte · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: LB22-025 - Project: Limousine Butte - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 1.75 - Grade Unit: g/t - Intercept: 73.2 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB22-025:null-null - Mining Method: open\_pit #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: Wide historical re-assay intercept. - Positive factor: Very wide intercept #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ### LB22-025 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-5) Limousine Butte · antimony Historical result Needs review: historical\_restatement #### Identity - Hole ID: LB22-025 - Project: Limousine Butte - Commodity: antimony - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 1.3 - Grade Unit: % - Intercept: 9.1 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB22-025:null-null - Mining Method: open\_pit #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2022-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: High grade antimony intercept. - Positive factor: Strong grade #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ### LB21-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-6) Limousine Butte · gold Historical result Needs review: historical\_restatement #### Identity - Hole ID: LB21-001 - Project: Limousine Butte - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 1.41 - Grade Unit: g/t - Intercept: 46.8 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB21-001:null-null - Mining Method: open\_pit #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: Wide historical re-assay intercept. - Positive factor: Wide intercept #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ### LB21-001 [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-drill-facts-7) Limousine Butte · antimony Historical result Needs review: historical\_restatement #### Identity - Hole ID: LB21-001 - Project: Limousine Butte - Commodity: antimony - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NAU #### Geometry - Grade: 0.22 - Grade Unit: % - Intercept: 46.8 m #### Classification - Deposit Type: other - Program: exploration - Sample Type: drill - Group ID: LB21-001:null-null - Mining Method: open\_pit #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2021-01-01T00:00:00.000Z #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: Low grade antimony intercept. #### 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 **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "The company also flagged the discovery of additional antimony mineralization at surface in the historical pre-strip wast" ## Metallurgical Results (1) ### cyanide shake leach [Link to this fact](https://atlas-extractions.minestarters.com/news/the-critical-mineral-hiding-in-plain-sight-on-a-past-producing-nevada-gold-mine--136469f7-bfee-4e15-a0b2-ed31f2de6f82#fact-metallurgical-facts-8) 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 leach - Processing Route: cyanide shake leach on residual tailings - Sample: residual tailings left over after antimony leaching #### Recovery - Recovery: 93 % - Recovery Basis: actual\_test #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-04-29T00:00:00.000Z Reasoning: Strong gold recovery from tailings after antimony extraction. - Positive factor: High gold recovery ## 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.