# 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 \(0.31% Antimony and 0.19 g/t Au\) From Surface

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b

Original source: https://www.globenewswire.com/news-release/2026/08/25/3350350/0/en/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-0-31-antimony-and-0-19-g-t-au-from-s.html

Publisher: globenewswire

Original announcement: 2026-08-25T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: NevGold Corp.

- Ticker: NAU

- Exchange: Unavailable

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Antimony

- Document categories: Drill results, Resource update

- Extracted: 2026-08-25 12:42:00 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

NevGold Corp. announced high-grade antimony-gold drill results from the first three holes of its 2026 program at the Limousine Butte Project in Nevada. These results significantly expanded the maiden oxide antimony-gold Mineral Resource Estimate \(MRE\) by over 100 meters outside the current block model, with grades consistently higher than the existing MRE. The company aims to increase both the grade and size of the MRE through its 20,000-meter drill program, with 25 additional holes pending assays.

Reasoning: The drill results from the first three holes of the 2026 program at Limousine Butte show significant antimony-gold mineralization, with several high-grade intercepts, and importantly, expand the MRE by over 100 meters outside the current block model. The grades are consistently higher than the existing MRE, indicating strong potential for resource upgrade and expansion. The company explicitly states the program's focus on MRE expansion and conversion, and these initial results directly support that objective.

- Positive factor: Significant intercepts outside current MRE block model

- Positive factor: Grades consistently higher than current MRE

- Positive factor: Resource conversion and expansion focus of drill program

- Positive factor: High-grade antimony intercepts

- Positive factor: Strong AuEq grades from surface

- Negative factor: True width is not explicitly stated, only an approximation

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 32

## 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 explicitly states that NevGold QA/QC protocols are followed, including insertion of duplicate, blank and standard samples, and that assays were completed by an ISO 17025 certified lab and approved by a Qualified Person.

Evidence · text

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

**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,' but does not provide specific true width values 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.

**Metal Equivalent Opaque**

Polarity: negative

Definition: Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: The metal equivalent grades are reported with clear assumptions for metal prices and recoveries.

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.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The drillholes intercepted mineralization over 100 meters outside of the MRE block model, indicating an extension of the known mineralization.

Evidence · text

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

**Resource Update**

Polarity: neutral

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

Why it applies: The drill program's main focus areas are 'expansion and resource conversion of the MRE'.

Evidence · text

> The expansion and resource conversion of the MRE are the main focus areas of the targeted 20,000 meter drill program in 2026.

## Extracted facts

Stored fact records: 32. Some facts used in scoring do not have a stored record.

## Drill Results (32)

### LB26-001

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-expands-recent-mineral-resource-estimate-with-first-2026-drillholes-1-16--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-0)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 intercept, while having a low gold grade, is significant due to its shallow depth and contribution to the overall MRE expansion, especially when considering the antimony content and AuEq grade.

- Positive factor: Intercept from surface

- Positive factor: Contributes to MRE expansion

- Negative factor: Low gold grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-1)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 antimony intercept is positive due to its grade and shallow depth, contributing to the overall expansion of the MRE and the project's polymetallic nature.

- Positive factor: Significant antimony grade

- Positive factor: Intercept from surface

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-2)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 sub-interval shows a higher AuEq grade over a narrower width, indicating a more concentrated zone of mineralization within the broader intercept, which is positive for resource quality.

- Positive factor: Higher AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-3)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 sub-interval shows a strong antimony grade, which is a key commodity for the project and contributes positively to the overall resource quality and expansion.

- Positive factor: High antimony grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-4)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 intercept provides good width at moderate depth, contributing to the overall resource size, despite the low individual gold grade.

- Positive factor: Significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Low gold grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-5)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 antimony intercept, while not exceptionally high-grade, contributes to the overall polymetallic resource and its expansion at a moderate depth.

- Positive factor: Significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-6)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 sub-interval shows an improved AuEq grade over a narrower width, indicating a more concentrated zone of mineralization within the broader intercept, which is positive for resource quality.

- Positive factor: Higher AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-7)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 sub-interval shows an improved antimony grade, which is a key commodity for the project and contributes positively to the overall resource quality and expansion.

- Positive factor: Improved antimony grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-8)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 intercept provides a substantial width at depth, contributing to the overall resource size, despite the low individual gold grade.

- Positive factor: Significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Low gold grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-9)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 antimony intercept, while low-grade, contributes to the overall polymetallic resource and its expansion at depth.

- Positive factor: Significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Low antimony grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-10)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 sub-interval shows a strong gold grade and high AuEq grade over a narrower width, indicating a concentrated high-value zone within the broader intercept, which is very positive for resource quality.

- Positive factor: High gold grade sub-interval

- Positive factor: High AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-11)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-001
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417174
- CRS: unknown
- 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 sub-interval shows a good antimony grade, contributing to the overall polymetallic resource and its expansion.

- Positive factor: Good antimony grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

Evidence · table

> 0.23%

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-12)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 intercept, while having a low gold grade, is significant due to its shallow depth and contribution to the overall MRE expansion, especially when considering the antimony content and AuEq grade.

- Positive factor: Intercept from surface

- Positive factor: Contributes to MRE expansion

- Negative factor: Low gold grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-13)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 antimony intercept is positive due to its grade and shallow depth, contributing to the overall expansion of the MRE and the project's polymetallic nature.

- Positive factor: Significant antimony grade

- Positive factor: Intercept from surface

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-14)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 intercept has a low gold and AuEq grade, making its individual contribution to resource quality limited, though it still adds to the overall MRE footprint.

- Positive factor: Contributes to MRE expansion

- Negative factor: Low gold grade

- Negative factor: Low AuEq grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-15)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 intercept has a very low antimony grade, making its individual contribution to resource quality limited, though it still adds to the overall MRE footprint.

- Positive factor: Contributes to MRE expansion

- Negative factor: Very low antimony grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-16)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 intercept provides a very substantial width at depth, significantly contributing to the overall resource size, especially when considering the antimony content and AuEq grade.

- Positive factor: Very significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Low gold grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-17)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 antimony intercept is positive due to its grade and very significant width, contributing substantially to the overall expansion of the MRE and the project's polymetallic nature.

- Positive factor: Significant antimony grade

- Positive factor: Very significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-18)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 sub-interval shows a significant length with an improved AuEq grade, indicating a more concentrated zone of mineralization within the broader intercept, which is positive for resource quality.

- Positive factor: Significant intercept length

- Positive factor: Higher AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-19)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 sub-interval shows a strong antimony grade over a significant width, which is very positive for the project's polymetallic nature and resource expansion.

- Positive factor: Significant antimony grade

- Positive factor: Significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-20)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 sub-interval shows a very high AuEq grade over a moderate width, indicating a highly concentrated high-value zone within the broader intercept, which is very positive for resource quality.

- Positive factor: Very high AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-21)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-002
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417175
- CRS: unknown
- 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 sub-interval shows an exceptional antimony grade over a moderate width, which is highly significant for the project's polymetallic nature and resource expansion.

- Positive factor: Exceptional antimony grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

Evidence · table

> 0.95%

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-22)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- 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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 intercept is highly positive due to its very significant length from surface and good AuEq grade, indicating substantial shallow mineralization that will contribute significantly to MRE expansion.

- Positive factor: Very significant intercept length

- Positive factor: Intercept from surface

- Positive factor: Good AuEq grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Low gold grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-23)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

- Grade: 0.31
- Grade Unit: %
- 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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 antimony intercept is highly positive due to its grade and very significant width from surface, contributing substantially to the overall expansion of the MRE and the project's polymetallic nature.

- Positive factor: Significant antimony grade

- Positive factor: Very significant intercept length

- Positive factor: Intercept from surface

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-24)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 sub-interval shows a strong AuEq grade over a good width, indicating a concentrated high-value zone within the broader shallow intercept, which is positive for resource quality.

- Positive factor: Higher AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-25)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 sub-interval shows a high antimony grade over a good width, which is very positive for the project's polymetallic nature and resource expansion.

- Positive factor: High antimony grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-26)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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: Despite the very low gold grade, this sub-interval shows an exceptional AuEq grade driven by very high antimony, indicating a highly concentrated high-value zone, which is very positive for resource quality.

- Positive factor: Exceptional AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Very low gold grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-27)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 sub-interval shows an exceptional antimony grade over a moderate width, which is highly significant for the project's polymetallic nature and resource expansion.

- Positive factor: Exceptional antimony grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-28)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 intercept provides a significant width at depth, contributing to the overall resource size, though the AuEq grade is moderate.

- Positive factor: Significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Low AuEq grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-29)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 antimony intercept, while low-grade, contributes to the overall polymetallic resource and its expansion at depth.

- Positive factor: Significant intercept length

- Positive factor: Contributes to MRE expansion

- Negative factor: Low antimony grade

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-30)

Limousine Butte Project · gold

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: gold
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 sub-interval shows a good AuEq grade over a significant width, indicating a concentrated high-value zone within the broader intercept, which is positive for resource quality.

- Positive factor: Good AuEq grade sub-interval

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

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--cabbb559-20e6-4572-ab95-c4d5e2c1dc0b#fact-drill-facts-31)

Limousine Butte Project · antimony

#### Identity

- Hole ID: LB26-003
- Project: Limousine Butte Project
- Commodity: antimony
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: NAU

#### Geometry

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

#### Classification

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

#### Location

- Easting: 667041
- Northing: 4417176
- CRS: unknown
- 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 sub-interval shows a good antimony grade over a significant width, contributing to the overall polymetallic resource and its expansion.

- Positive factor: Good antimony grade

- Positive factor: Contributes to MRE expansion

- Negative factor: Apparent width only

Evidence · table

> 0.18%

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.