# NevGold Expands Recent Mineral Resource Estimate With First 2026 Drillholes; 1.16% Antimony Over 3.0 Meters Within 1.38 g/t AuEq Over 50.3 Meters From Surface

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a

Original source: https://investingnews.com/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16-antimony-over-3-0-meters-within-1-38-g-t-aueq-over-50-3-meters-from-surface/

Publisher: investingnews

Original announcement: 2026-08-25T10:45:00.000Z

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: Gold

- Secondary commodities: Antimony

- Document categories: Drill results, Resource update

- Extracted: 2026-08-25 15:22:02 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

NevGold Corp. announced the first drill results from its 2026 program at the Limousine Butte Project in Nevada, which significantly expanded the maiden oxide antimony-gold Mineral Resource Estimate. The initial three drillholes intercepted high-grade antimony-gold mineralization over 100 meters outside the current MRE block model, with grades consistently higher than those in the MRE. These results immediately delivered on the company's objective to increase the grade and size of the resource.

Reasoning: The initial 2026 drill results from the Limousine Butte Project show significant antimony-gold mineralization, expanding the recently announced MRE by over 100 meters with grades consistently higher than the MRE, indicating strong growth potential and successful exploration. The program is also focused on resource conversion and advancing economic studies.

- Positive factor: MRE significantly expanded by over 100 meters outside of current block model

- Positive factor: Antimony and gold grades consistently higher than the grades in the MRE

- Positive factor: First 3 drillholes immediately delivered on objective to increase grade and size of MRE

- Positive factor: Significant intercepts from surface \(e.g., 50.3m from surface\)

- Positive factor: QA/QC protocols followed, ISO 17025 certified lab, and QP sign-off

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: True width is an estimate \(70-90%\) and not explicitly stated for each intercept

Facts used in scoring: 48

## Classification and evidence

**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 states that 'NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes.'

Evidence · text

> NevGold QA/QC protocols are followed on the Project and include insertion of duplicate, blank and standard samples in all drill holes.

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: Technical information has been reviewed and approved by Greg French, CPG, NevGold's Qualified Person \('QP'\) under National Instrument 43-101.

Evidence · text

> 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.

**Metal Equivalent Assumptions Disclosed**

Polarity: positive

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The gold equivalents \('AuEq'\) are based on assumed metals prices and recoveries for gold and antimony.

Evidence · text

> The gold equivalents \("AuEq"\) are based on assumed metals prices of US$3,000/oz of gold and US$40,000 per tonne of antimony, and assumed metals recoveries of 80% for gold and 75% for antimony.

**Apparent Width Only**

Polarity: negative

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

Why it applies: The document states that 'Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness,' indicating true width is an estimate and not explicitly stated for each intercept.

Evidence · text

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

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: Antimony-gold mineralization was intercepted over 100 meters outside of the MRE block model, indicating an extension of known mineralization.

Evidence · text

> antimony-gold mineralization intercepted over 100 meters outside of the MRE block model

**Tonnage Growth**

Polarity: positive

Definition: Significant tonnage increase \(≥15%\) vs prior estimate with grade maintained or improved.

Why it applies: The company states that the MRE was 'significantly expanded' by the new drillholes, implying an increase in tonnage.

Evidence · text

> MRE significantly expanded with first 3 drillholes from 2026

**Grade Improvement**

Polarity: positive

Definition: Average resource grade improved vs prior estimate — better deposit economics.

Why it applies: The CEO comments that 'antimony and gold grades consistently higher than the grades in the MRE'.

Evidence · text

> antimony and gold grades consistently higher than the grades in the MRE

**Resource Update**

Polarity: neutral

Definition: Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document describes the drill results as expanding the 'Recent Mineral Resource Estimate'.

Evidence · text

> Expands Recent Mineral Resource Estimate

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The company is 'Advancing Preliminary Economic Assessment and Engineering Studies at Limo Butte'.

Evidence · text

> Advancing Preliminary Economic Assessment and Engineering Studies at Limo Butte

## Extracted facts

Stored fact records: 48. Some facts used in scoring do not have a stored record.

## Drill Results (48)

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-0)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.14
- Grade Unit: g/t
- Intercept: 9.1 m
- From: 0 m
- To: 9.1 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:0.0-9.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.34
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.14

Context: 9.1

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-1)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.31
- Grade Unit: %
- Intercept: 9.1 m
- From: 0 m
- To: 9.1 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:0.0-9.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows moderate grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Antimony grade is moderate

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.31%

Context: 9.1

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-2)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 1.34
- Grade Unit: g/t AuEq
- Intercept: 9.1 m
- From: 0 m
- To: 9.1 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:0.0-9.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.34
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows moderate grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is moderate for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.34

Context: 9.1

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-3)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.21
- Grade Unit: g/t
- Intercept: 3 m
- From: 4.6 m
- To: 7.6 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:4.6-7.6
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 2.81
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.21

Context: 3.0

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-4)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.67
- Grade Unit: %
- Intercept: 3 m
- From: 4.6 m
- To: 7.6 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:4.6-7.6
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows moderate grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Antimony grade is moderate

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.67%

Context: 3.0

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-5)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 2.81
- Grade Unit: g/t AuEq
- Intercept: 3 m
- From: 4.6 m
- To: 7.6 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:4.6-7.6
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 2.81
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows strong grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is strong for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 2.81

Context: 3.0

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-6)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.12
- Grade Unit: g/t
- Intercept: 24.4 m
- From: 129.5 m
- To: 153.9 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:129.5-153.9
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.7
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.12

Context: 24.4

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-7)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.15
- Grade Unit: %
- Intercept: 24.4 m
- From: 129.5 m
- To: 153.9 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:129.5-153.9
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows weak grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is weak

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.15%

Context: 24.4

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-8)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.7
- Grade Unit: g/t AuEq
- Intercept: 24.4 m
- From: 129.5 m
- To: 153.9 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:129.5-153.9
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.7
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows weak grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: AuEq grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.70

Context: 24.4

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-9)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 4.6 m
- From: 129.5 m
- To: 134.1 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:129.5-134.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### 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: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.34

Context: 4.6

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-10)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 4.6 m
- From: 129.5 m
- To: 134.1 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:129.5-134.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows weak grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is weak

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.23%

Context: 4.6

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-11)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 1.23
- Grade Unit: g/t AuEq
- Intercept: 4.6 m
- From: 129.5 m
- To: 134.1 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:129.5-134.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### 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: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows moderate grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is moderate for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.23

Context: 4.6

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-12)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.24
- Grade Unit: g/t
- Intercept: 45.7 m
- From: 211.8 m
- To: 257.6 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:211.8-257.6
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.42
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.24

Context: 45.7

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-13)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.05
- Grade Unit: %
- Intercept: 45.7 m
- From: 211.8 m
- To: 257.6 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:211.8-257.6
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows very low grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is below weak threshold

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.05%

Context: 45.7

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-14)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.42
- Grade Unit: g/t AuEq
- Intercept: 45.7 m
- From: 211.8 m
- To: 257.6 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:211.8-257.6
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.42
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows weak grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: AuEq grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.42

Context: 45.7

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-15)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 2.39
- Grade Unit: g/t
- Intercept: 3 m
- From: 230.1 m
- To: 233.2 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:230.1-233.2
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 3.3
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval shows strong grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Gold grade is strong for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 2.39

Context: 3.0

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-16)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 3 m
- From: 230.1 m
- To: 233.2 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:230.1-233.2
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows weak grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is weak

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.23%

Context: 3.0

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-17)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 3.3
- Grade Unit: g/t AuEq
- Intercept: 3 m
- From: 230.1 m
- To: 233.2 m
- Hole Depth: 257.6 m

#### Classification

- Sample Type: drill
- Group ID: LB26-001:230.1-233.2
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417174
- Elevation: 2173 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 3.3
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows strong grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is strong for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 3.30

Context: 3.0

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-18)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.15
- Grade Unit: g/t
- Intercept: 10.7 m
- From: 0 m
- To: 10.7 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:0.0-10.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.04
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.15

Context: 10.7

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-19)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.23
- Grade Unit: %
- Intercept: 10.7 m
- From: 0 m
- To: 10.7 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:0.0-10.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows weak grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is weak

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.23%

Context: 10.7

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-20)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 1.04
- Grade Unit: g/t AuEq
- Intercept: 10.7 m
- From: 0 m
- To: 10.7 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:0.0-10.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.04
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows moderate grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is moderate for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.04

Context: 10.7

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-21)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 4.6 m
- From: 73.2 m
- To: 77.7 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:73.2-77.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.27
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade and contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.18

Context: 4.6

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-22)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.02
- Grade Unit: %
- Intercept: 4.6 m
- From: 73.2 m
- To: 77.7 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:73.2-77.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows very low grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is below weak threshold

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.02%

Context: 4.6

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-23)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.27
- Grade Unit: g/t AuEq
- Intercept: 4.6 m
- From: 73.2 m
- To: 77.7 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:73.2-77.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.27
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows weak grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: AuEq grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.27

Context: 4.6

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-24)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 65.5 m
- From: 161.5 m
- To: 227.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:161.5-227.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.04
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.18

Context: 65.5

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-25)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.22
- Grade Unit: %
- Intercept: 65.5 m
- From: 161.5 m
- To: 227.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:161.5-227.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows weak grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is weak

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.22%

Context: 65.5

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-26)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 1.04
- Grade Unit: g/t AuEq
- Intercept: 65.5 m
- From: 161.5 m
- To: 227.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:161.5-227.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.04
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows moderate grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is moderate for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.04

Context: 65.5

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-27)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.22
- Grade Unit: g/t
- Intercept: 36.6 m
- From: 161.5 m
- To: 198.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:161.5-198.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.34
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.22

Context: 36.6

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-28)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.29
- Grade Unit: %
- Intercept: 36.6 m
- From: 161.5 m
- To: 198.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:161.5-198.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows moderate grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Antimony grade is moderate

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.29%

Context: 36.6

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-29)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 1.34
- Grade Unit: g/t AuEq
- Intercept: 36.6 m
- From: 161.5 m
- To: 198.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:161.5-198.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.34
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows moderate grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is moderate for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.34

Context: 36.6

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-30)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.25
- Grade Unit: g/t
- Intercept: 6.1 m
- From: 192 m
- To: 198.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:192.0-198.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 3.94
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.25

Context: 6.1

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-31)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.95
- Grade Unit: %
- Intercept: 6.1 m
- From: 192 m
- To: 198.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:192.0-198.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows moderate grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Antimony grade is moderate

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.95%

Context: 6.1

### LB26-002

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-32)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 3.94
- Grade Unit: g/t AuEq
- Intercept: 6.1 m
- From: 192 m
- To: 198.1 m
- Hole Depth: 239.3 m

#### Classification

- Sample Type: drill
- Group ID: LB26-002:192.0-198.1
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417175
- Elevation: 2173 m
- Azimuth: 200 °
- Dip: -68 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 3.94
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows strong grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is strong for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 3.94

Context: 6.1

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-33)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.19
- Grade Unit: g/t
- Intercept: 50.3 m
- From: 0 m
- To: 50.3 m
- Hole Depth: 266.7 m

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### 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: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.19

Context: 50.3

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-34)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.31
- Grade Unit: %
- Intercept: 50.3 m
- From: 0 m
- To: 50.3 m
- Hole Depth: 266.7 m

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows moderate grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Antimony grade is moderate

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.31%

Context: 50.3

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-35)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 1.38
- Grade Unit: g/t AuEq
- Intercept: 50.3 m
- From: 0 m
- To: 50.3 m
- Hole Depth: 266.7 m

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### 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: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows moderate grade over a good length from surface, contributing to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is moderate for open pit

- Positive factor: Good intercept length

- Positive factor: From surface

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.38

Context: 50.3

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-36)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.34
- Grade Unit: g/t
- Intercept: 10.7 m
- From: 16.8 m
- To: 27.4 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:16.8-27.4
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 2.3
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.34

Context: 10.7

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-37)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.5
- Grade Unit: %
- Intercept: 10.7 m
- From: 16.8 m
- To: 27.4 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:16.8-27.4
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows moderate grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Antimony grade is moderate

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.50%

Context: 10.7

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-38)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 2.3
- Grade Unit: g/t AuEq
- Intercept: 10.7 m
- From: 16.8 m
- To: 27.4 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:16.8-27.4
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 2.3
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows strong grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is strong for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 2.30

Context: 10.7

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-39)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.06
- Grade Unit: g/t
- Intercept: 3 m
- From: 41.1 m
- To: 44.2 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:41.1-44.2
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 4.55
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.06

Context: 3.0

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-40)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 1.16
- Grade Unit: %
- Intercept: 3 m
- From: 41.1 m
- To: 44.2 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:41.1-44.2
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows strong grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Antimony grade is strong

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.16%

Context: 3.0

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-41)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 4.55
- Grade Unit: g/t AuEq
- Intercept: 3 m
- From: 41.1 m
- To: 44.2 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:41.1-44.2
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 4.55
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows strong grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is strong for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 4.55

Context: 3.0

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-42)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.35
- Grade Unit: g/t
- Intercept: 38.1 m
- From: 135.6 m
- To: 173.7 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:135.6-173.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.71
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold intercept is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.35

Context: 38.1

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-43)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.1
- Grade Unit: %
- Intercept: 38.1 m
- From: 135.6 m
- To: 173.7 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:135.6-173.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony intercept shows very low grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is below weak threshold

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.10%

Context: 38.1

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-44)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.71
- Grade Unit: g/t AuEq
- Intercept: 38.1 m
- From: 135.6 m
- To: 173.7 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:135.6-173.7
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.71
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq intercept shows weak grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: AuEq grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.71

Context: 38.1

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-45)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 0.59
- Grade Unit: g/t
- Intercept: 13.7 m
- From: 143.3 m
- To: 157 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:143.3-157.0
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.31
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This gold sub-interval is weak in grade but contributes to the overall MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Gold grade is weak for open pit

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.59

Context: 13.7

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-46)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Ticker: NAU

#### Geometry

- Grade: 0.18
- Grade Unit: %
- Intercept: 13.7 m
- From: 143.3 m
- To: 157 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:143.3-157.0
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This antimony sub-interval shows weak grade and contributes to the MRE expansion. True width is an estimate.

- Positive factor: Part of initial 2026 drill program expanding MRE

- Negative factor: Antimony grade is weak

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 0.18%

Context: 13.7

### LB26-003

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--274c5149-040a-4523-94ac-92ffa7c1dd5a#fact-drill-facts-47)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Ticker: NAU

#### Geometry

- Grade: 1.31
- Grade Unit: g/t AuEq
- Intercept: 13.7 m
- From: 143.3 m
- To: 157 m
- Hole Depth: 266.7 m

#### Classification

- Sample Type: drill
- Group ID: LB26-003:143.3-157.0
- Mining Method: open\_pit

#### Location

- Easting: 667041
- Northing: 4417176
- Elevation: 2173 m
- Azimuth: 153 °
- Dip: -60 °
- Loc. Confidence: high

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.31
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-08-25T00:00:00.000Z

Reasoning: This AuEq sub-interval shows moderate grade and contributes to the MRE expansion, with metal equivalent assumptions disclosed. True width is an estimate.

- Positive factor: AuEq grade is moderate for open pit

- Positive factor: Part of initial 2026 drill program expanding MRE

- Positive factor: Metal equivalent assumptions disclosed

- Negative factor: Apparent width only, true width is an estimate

Evidence · table

> 1.31

Context: 13.7

## 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.