First Three Holes of a 20,000-Meter Program Just Pushed a U.S. Antimony-Gold Resource Beyond Its Own Boundaries
Original announcement by orestocks on
- Company
- NevGold Corp.
- Ticker
- NAU
- Exchange
- Unavailable
- Region
- Nevada
- Primary commodity
- Antimony
- Secondary commodities
- Gold
- Document categories
- Drill results, Other
- Extracted
- 2026-08-26 13:35:40 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NevGold Corp. has reported successful step-out drill results at its Limousine Butte project in Nevada, intercepting antimony-gold mineralization more than 100 meters beyond the current resource boundary. The results include a standout near-surface intercept in hole LB26-003 and indicate grades higher than the existing maiden resource estimate.
Reasoning: The first three holes of a new program intercepted mineralization >100m outside the existing resource boundary with grades higher than the current MRE, representing significant step-out success.
Positive factors
- Step-Out Extension
- Resource expansion outside current model
- High-grade intercepts
- Near-surface mineralization
Negative factors
- Downhole widths reported without explicit true width
Facts used in scoring: 9
Extracted facts
Stored fact records: 9. Some facts used in scoring do not have a stored record.
Drill Results (9)
LB26-003Limousine Butte · antimonyGrade: 1.16Grade Unit: %Intercept: 3 mView all detailsHide details
Identity
- Hole ID
- LB26-003
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 1.16
- Grade Unit
- %
- Intercept
- 3 m
- From
- 0 m
- To
- 3 m
Classification
- Sample Type
- drill
- Group ID
- LB26-003:0.0-3.0
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High-grade antimony intercept starting from surface.
Positive factors
- High grade
- Near surface
Evidence · text
“Hole LB26-003 returned 1.16% antimony over 3.0 meters”
LB26-003Limousine Butte · goldGrade: 0.19Grade Unit: g/tIntercept: 50.3 mView all detailsHide details
Identity
- Hole ID
- LB26-003
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.19
- Grade Unit
- g/t
- Intercept
- 50.3 m
- From
- 0 m
- To
- 50.3 m
Classification
- Sample Type
- drill
- Group ID
- LB26-003:0.0-50.3
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Broad low-grade gold interval within a gold-equivalent intercept.
Positive factors
- Large width
Evidence · text
“within a broader 1.38 g/t gold-equivalent interval over 50.3 meters (0.31% antimony and 0.19 g/t gold) starting from surface”
LB26-003Limousine Butte · goldGrade: 1.38Grade Unit: g/t AuEqIntercept: 50.3 mView all detailsHide details
Identity
- Hole ID
- LB26-003
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 1.38
- Grade Unit
- g/t AuEq
- Intercept
- 50.3 m
- From
- 0 m
- To
- 50.3 m
Classification
- Sample Type
- drill
- Group ID
- LB26-003:0.0-50.3
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Metal Equivalent
- Metal Eq. Grade
- 1.38
- Metal Eq. Unit
- g/t AuEq
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Significant gold-equivalent interval over 50m.
Positive factors
- Large width
Evidence · text
“1.38 g/t gold-equivalent interval over 50.3 meters”
LB26-003Limousine Butte · goldGrade: 1.31Grade Unit: g/t AuEqIntercept: 13.7 mView all detailsHide details
Identity
- Hole ID
- LB26-003
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 1.31
- Grade Unit
- g/t AuEq
- Intercept
- 13.7 m
Classification
- Sample Type
- drill
- Group ID
- LB26-003:unknown-unknown
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Separate lower zone gold-equivalent intercept.
Evidence · text
“returned a separate lower zone of 1.31 g/t gold-equivalent over 13.7 meters”
LB26-002Limousine Butte · antimonyGrade: 0.95Grade Unit: %Intercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- LB26-002
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.95
- Grade Unit
- %
- Intercept
- 6.1 m
Classification
- Sample Type
- drill
- Group ID
- LB26-002:unknown-unknown
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Significant antimony intercept within a gold-equivalent zone.
Evidence · text
“LB26-002 returned a lower zone of 3.94 g/t gold-equivalent over 6.1 meters (0.95% antimony and 0.25 g/t gold)”
LB26-002Limousine Butte · goldGrade: 0.25Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- LB26-002
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.25
- Grade Unit
- g/t
- Intercept
- 6.1 m
Classification
- Sample Type
- drill
- Group ID
- LB26-002:unknown-unknown
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: Gold component of the gold-equivalent intercept.
Evidence · text
“0.95% antimony and 0.25 g/t gold”
LB26-002Limousine Butte · goldGrade: 3.94Grade Unit: g/t AuEqIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- LB26-002
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 3.94
- Grade Unit
- g/t AuEq
- Intercept
- 6.1 m
Classification
- Sample Type
- drill
- Group ID
- LB26-002:unknown-unknown
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High-grade gold-equivalent intercept.
Evidence · text
“LB26-002 returned a lower zone of 3.94 g/t gold-equivalent over 6.1 meters”
LB26-001Limousine Butte · goldGrade: 2.39Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- LB26-001
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 2.39
- Grade Unit
- g/t
- Intercept
- 3 m
Classification
- Sample Type
- drill
- Group ID
- LB26-001:unknown-unknown
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
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 value.
Evidence · text
“LB26-001 returned a lower zone of 3.30 g/t gold-equivalent over 3.0 meters, driven by a strong 2.39 g/t gold hit”
LB26-001Limousine Butte · goldGrade: 3.3Grade Unit: g/t AuEqIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- LB26-001
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 3.3
- Grade Unit
- g/t AuEq
- Intercept
- 3 m
Classification
- Sample Type
- drill
- Group ID
- LB26-001:unknown-unknown
- Mining Method
- open_pit
QA/QC
- QA/QC Disclosed
- Yes
- QP Signed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-26T00:00:00.000Z
Reasoning: High-grade gold-equivalent intercept.
Evidence · text
“LB26-001 returned a lower zone of 3.30 g/t gold-equivalent over 3.0 meters”
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.