# 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-staging.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--fa6723e0-1b8e-4ba1-996c-dae18f6575e7

Original source: https://investingnews.com/first-three-holes-of-a-20000-meter-program-just-pushed-a-u-s-antimony-gold-resource-beyond-its-own-boundaries/

Publisher: investingnews

Original announcement: 2026-08-26T11:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: NevGold Corp.

- Ticker: NAU

- Exchange: TSXV

- Region: Nevada

- Primary commodity: Antimony

- Secondary commodities: Gold

- Document categories: Drill results, Other

- Extracted: 2026-08-26 15:03:51 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

NevGold Corp. has reported high-grade antimony-gold intercepts from the first three holes of its 2026 drilling program at the Limousine Butte project in Nevada. The results successfully expanded the resource boundary by over 100 meters and intercepted mineralization at or near the surface, which is favorable for potential open-pit mining.

Reasoning: The drill results represent significant step-out expansion \(100m+\) beyond the current resource boundary with grades higher than the existing MRE, providing high novelty and strategic value for a critical mineral.

- Positive factor: Step-Out Extension

- Positive factor: High-grade intercepts

- Positive factor: Resource expansion

- Positive factor: Near-surface mineralization

Facts used in scoring: 6

## 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 block model.

Evidence · text

> intercepted mineralization more than 100 meters outside the current resource block model

**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 release mentions that technical content was reviewed by a Qualified Person \(QP\) under NI 43-101.

Evidence · text

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

## Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

## Drill Results (6)

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--fa6723e0-1b8e-4ba1-996c-dae18f6575e7#fact-drill-facts-0)

Limousine Butte · antimony

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: LB26-003:0.0-3.0
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Strong antimony grade \(1.16%\) in a near-surface intercept that expands the known resource boundary.

- Positive factor: High grade

- Positive factor: Near-surface

Evidence · text

> Hole LB26-003 returned 1.16% antimony over 3.0 meters

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--fa6723e0-1b8e-4ba1-996c-dae18f6575e7#fact-drill-facts-1)

Limousine Butte · gold

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: LB26-003:0.0-50.3
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Broad interval of 50.3m providing continuity, though gold grade is relatively low.

- Positive factor: 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

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--fa6723e0-1b8e-4ba1-996c-dae18f6575e7#fact-drill-facts-2)

Limousine Butte · gold

#### 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
- Intercept: 13.7 m

#### Classification

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

#### Review

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

#### Dates

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

Reasoning: Significant gold-equivalent sub-interval reported.

- Positive factor: Higher grade sub-interval

Evidence · text

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

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--fa6723e0-1b8e-4ba1-996c-dae18f6575e7#fact-drill-facts-3)

Limousine Butte · antimony

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: LB26-002:6.1m-zone
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Solid antimony grade within a high-grade gold-equivalent zone.

- Positive factor: Strong grade

Evidence · text

> LB26-002 returned a lower zone of 3.94 g/t gold-equivalent over 6.1 meters \(0.95% antimony and 0.25 g/t gold\)

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--fa6723e0-1b8e-4ba1-996c-dae18f6575e7#fact-drill-facts-4)

Limousine Butte · gold

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: LB26-002:6.1m-zone
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Gold grade is modest within the high-grade antimony zone.

Evidence · text

> 0.95% antimony and 0.25 g/t gold

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/first-three-holes-of-a-20-000-meter-program-just-pushed-a-u-s-antimony-gold-reso--fa6723e0-1b8e-4ba1-996c-dae18f6575e7#fact-drill-facts-5)

Limousine Butte · gold

#### 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

- Program: exploration
- Sample Type: drill
- Group ID: LB26-001:3.0m-zone
- Mining Method: open\_pit

#### Review

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

#### Dates

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

Reasoning: Strong gold intercept driving the gold-equivalent value.

- Positive factor: Strong gold hit

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

## 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.