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

Original announcement by orestocks on

Company
NevGold Corp.
Ticker
NAU.V
Exchange
Unavailable
Region
Nevada
Primary commodity
Gold
Secondary commodities
Antimony
Document categories
Drill results, Resource update
Extracted
2026-08-25 12:26:13 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

NevGold Corp. announced positive assay results from the first three drillholes of its 2026 program at the Limousine Butte Project in Nevada. These results significantly expand the maiden oxide antimony-gold Mineral Resource Estimate (MRE) by over 100 meters outside the current block model, with grades consistently higher than those in the MRE. The drilling successfully converted unmineralized blocks within the MRE pit-shell to ore, supporting the company's objective to increase the grade and size of the resource.

Reasoning: The drill results from the first three holes of the 2026 program at Limousine Butte demonstrate significant expansion of the recently announced MRE, with high-grade gold and antimony intercepts extending mineralization over 100 meters outside the current block model. The results also indicate higher grades than the existing MRE and conversion of waste to ore, which are strong positive indicators for the project's economics and future resource updates.

Positive factors

  • Significant expansion of the maiden MRE outside the current block model
  • Intercepted grades are consistently higher than the grades in the MRE
  • Conversion of unmineralized blocks within the MRE pit-shell to ore
  • Early success in the 2026 drill program with first three holes delivering strong results
  • High-grade antimony intercepts, which is a critical metal

Negative factors

  • True width is not explicitly stated for individual intercepts, only a general range

Facts used in scoring: 48

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill results expanded the MRE by over 100 meters outside of the current block model, indicating an extension of mineralization.

Evidence · text

“significantly expanded the maiden oxide antimony-gold Mineral Resource Estimate (“MRE”) with antimony-gold mineralization intercepted over 100 meters outside of the MRE block model”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes disclosure of QA/QC protocols, including insertion of duplicates, blanks, and standards, and mentions an ISO 17025 certified lab.

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.”

QP/CP Signedpositive

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: The technical information 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.

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 Opaquenegative

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

Why it applies: Metal equivalent grades are reported with disclosure of assumed metal prices and recoveries, providing transparency for the calculation.

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 Onlynegative

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

Why it applies: The document explicitly states that downhole thickness is reported and true width varies, 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.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The drill program aims to convert unmineralized blocks within the MRE pit-shell and upgrade inferred classification, which are characteristics of infill drilling.

Evidence · text

“Convert Waste to Ore and Upgrade Inferred Classification within current 2026 MRE pit-shell”

Extracted facts

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

Drill Results (48)

LB26-001Limousine Butte · goldGrade: 0.14Grade Unit: g/tIntercept: 9.1 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 from surface and contributes to the MRE expansion, but the gold grade is moderate. Its significance is enhanced by the associated antimony and AuEq grades.

Positive factors

  • Intercept from surface, indicating potential for open-pit mining
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Relatively low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.14”

Context: 9.1

LB26-001Limousine Butte · antimonyGrade: 0.31Grade Unit: %Intercept: 9.1 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.31
Grade Unit
%
Intercept
9.1 m
From
0 m
To
9.1 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 from surface and contributes significantly to the overall value of the intercept, supporting the MRE expansion and critical metals focus.

Positive factors

  • Significant antimony grade, contributing to the critical metals aspect of the project
  • Intercept from surface, indicating potential for open-pit mining
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.31%”

Context: 9.1

LB26-001Limousine Butte · goldGrade: 1.34Grade Unit: g/t AuEqIntercept: 9.1 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.34
Grade Unit
g/t AuEq
Intercept
9.1 m
From
0 m
To
9.1 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 represents a strong start to the 2026 drill program, indicating significant mineralization from surface and supporting the expansion of the MRE.

Positive factors

  • Strong AuEq grade over a good width from surface
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“1.34”

Context: 9.1

LB26-001Limousine Butte · goldGrade: 0.21Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 gold grade within the broader upper intercept of LB26-001, contributing to the overall positive results.

Positive factors

  • Higher gold grade within a broader intercept
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Narrow intercept width
  • True width not explicitly stated

Evidence · table

“0.21”

Context: 3.0

LB26-001Limousine Butte · antimonyGrade: 0.67Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.67
Grade Unit
%
Intercept
3 m
From
4.6 m
To
7.6 m
Intercept Depth
4.6 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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, significantly contributing to the overall value and supporting the MRE expansion.

Positive factors

  • High antimony grade over a good width, indicating significant critical metal mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.67%”

Context: 3.0

LB26-001Limousine Butte · goldGrade: 2.81Grade Unit: g/t AuEqIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
2.81
Grade Unit
g/t AuEq
Intercept
3 m
From
4.6 m
To
7.6 m
Intercept Depth
4.6 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 high-grade AuEq sub-interval is a significant positive, demonstrating the potential for high-value zones within the broader mineralization and supporting the MRE expansion.

Positive factors

  • Very strong AuEq grade over a good width, indicating high-value mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“2.81”

Context: 3.0

LB26-001Limousine Butte · goldGrade: 0.12Grade Unit: g/tIntercept: 24.4 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept shows good width but a low gold grade, suggesting broader, lower-grade mineralization that still contributes to the overall resource.

Positive factors

  • Good intercept length, indicating continuity of mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.12”

Context: 24.4

LB26-001Limousine Butte · antimonyGrade: 0.15Grade Unit: %Intercept: 24.4 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.15
Grade Unit
%
Intercept
24.4 m
From
129.5 m
To
153.9 m
Intercept Depth
129.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 resource and demonstrates the presence of critical metals over a significant width.

Positive factors

  • Good intercept length, indicating continuity of antimony mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.15%”

Context: 24.4

LB26-001Limousine Butte · goldGrade: 0.7Grade Unit: g/t AuEqIntercept: 24.4 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.7
Grade Unit
g/t AuEq
Intercept
24.4 m
From
129.5 m
To
153.9 m
Intercept Depth
129.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 good width and a moderate grade, contributing to the overall resource and demonstrating the project's potential.

Positive factors

  • Good intercept length, indicating continuity of mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • Moderate AuEq grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.70”

Context: 24.4

LB26-001Limousine Butte · goldGrade: 0.34Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 gold grade within the broader middle intercept of LB26-001, contributing positively to the overall results.

Positive factors

  • Improved gold grade within a broader intercept
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.34”

Context: 4.6

LB26-001Limousine Butte · antimonyGrade: 0.23Grade Unit: %Intercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.23
Grade Unit
%
Intercept
4.6 m
From
129.5 m
To
134.1 m
Intercept Depth
129.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 positively to the overall resource and demonstrating the presence of critical metals.

Positive factors

  • Good antimony grade over a reasonable width, indicating significant critical metal mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.23%”

Context: 4.6

LB26-001Limousine Butte · goldGrade: 1.23Grade Unit: g/t AuEqIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.23
Grade Unit
g/t AuEq
Intercept
4.6 m
From
129.5 m
To
134.1 m
Intercept Depth
129.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 high-grade AuEq sub-interval is a significant positive, demonstrating the potential for high-value zones within the broader mineralization and supporting the MRE expansion.

Positive factors

  • Strong AuEq grade over a good width, indicating high-value mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“1.23”

Context: 4.6

LB26-001Limousine Butte · goldGrade: 0.24Grade Unit: g/tIntercept: 45.7 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This long intercept shows broad, lower-grade gold mineralization, contributing to the overall resource size but with moderate individual grade.

Positive factors

  • Very good intercept length, indicating broad mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.24”

Context: 45.7

LB26-001Limousine Butte · antimonyGrade: 0.05Grade Unit: %Intercept: 45.7 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This long intercept shows broad, lower-grade antimony mineralization, contributing to the overall resource size but with moderate individual grade.

Positive factors

  • Very good intercept length, indicating broad antimony mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low antimony grade
  • True width not explicitly stated

Evidence · table

“0.05%”

Context: 45.7

LB26-001Limousine Butte · goldGrade: 0.42Grade Unit: g/t AuEqIntercept: 45.7 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 long intercept shows broad, lower-grade AuEq mineralization, contributing to the overall resource size but with moderate individual grade.

Positive factors

  • Very good intercept length, indicating broad mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • Low AuEq grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.42”

Context: 45.7

LB26-001Limousine Butte · goldGrade: 2.39Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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, significantly contributing to the overall value and demonstrating the presence of high-grade zones.

Positive factors

  • High gold grade over a good width, indicating a significant high-value zone
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“2.39”

Context: 3.0

LB26-001Limousine Butte · antimonyGrade: 0.23Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.23
Grade Unit
%
Intercept
3 m
From
230.1 m
To
233.2 m
Intercept Depth
230.1 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 positively to the overall resource and demonstrating the presence of critical metals.

Positive factors

  • Good antimony grade over a reasonable width, indicating significant critical metal mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.23%”

Context: 3.0

LB26-001Limousine Butte · goldGrade: 3.3Grade Unit: g/t AuEqIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-001
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
3.3
Grade Unit
g/t AuEq
Intercept
3 m
From
230.1 m
To
233.2 m
Intercept Depth
230.1 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 high-grade AuEq sub-interval is a significant positive, demonstrating the potential for high-value zones within the broader mineralization and supporting the MRE expansion.

Positive factors

  • Very strong AuEq grade over a good width, indicating high-value mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“3.30”

Context: 3.0

LB26-002Limousine Butte · goldGrade: 0.15Grade Unit: g/tIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 from surface and contributes to the MRE expansion, but the gold grade is moderate. Its significance is enhanced by the associated antimony and AuEq grades.

Positive factors

  • Intercept from surface, indicating potential for open-pit mining
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Relatively low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.15”

Context: 10.7

LB26-002Limousine Butte · antimonyGrade: 0.23Grade Unit: %Intercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.23
Grade Unit
%
Intercept
10.7 m
From
0 m
To
10.7 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 from surface and contributes significantly to the overall value of the intercept, supporting the MRE expansion and critical metals focus.

Positive factors

  • Significant antimony grade, contributing to the critical metals aspect of the project
  • Intercept from surface, indicating potential for open-pit mining
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.23%”

Context: 10.7

LB26-002Limousine Butte · goldGrade: 1.04Grade Unit: g/t AuEqIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.04
Grade Unit
g/t AuEq
Intercept
10.7 m
From
0 m
To
10.7 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 represents a strong start to the 2026 drill program, indicating significant mineralization from surface and supporting the expansion of the MRE.

Positive factors

  • Strong AuEq grade over a good width from surface
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“1.04”

Context: 10.7

LB26-002Limousine Butte · goldGrade: 0.18Grade Unit: g/tIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept shows a low gold grade over a narrow width, indicating minor mineralization in this section.

Positive factors

  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low gold grade for a primary commodity
  • Narrow intercept width
  • True width not explicitly stated

Evidence · table

“0.18”

Context: 4.6

LB26-002Limousine Butte · antimonyGrade: 0.02Grade Unit: %Intercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.02
Grade Unit
%
Intercept
4.6 m
From
73.2 m
To
77.7 m
Intercept Depth
73.2 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This intercept shows a very low antimony grade over a narrow width, indicating minimal critical metal mineralization in this section.

Positive factors

  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Very low antimony grade
  • Narrow intercept width
  • True width not explicitly stated

Evidence · table

“0.02%”

Context: 4.6

LB26-002Limousine Butte · goldGrade: 0.27Grade Unit: g/t AuEqIntercept: 4.6 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.27
Grade Unit
g/t AuEq
Intercept
4.6 m
From
73.2 m
To
77.7 m
Intercept Depth
73.2 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 shows a low AuEq grade over a narrow width, indicating minor mineralization in this section.

Positive factors

  • Part of the initial 2026 drill program expanding the MRE
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • Low AuEq grade over a narrow width
  • True width not explicitly stated

Evidence · table

“0.27”

Context: 4.6

LB26-002Limousine Butte · goldGrade: 0.18Grade Unit: g/tIntercept: 65.5 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This exceptionally long intercept shows broad, lower-grade gold mineralization, significantly contributing to the overall resource size.

Positive factors

  • Exceptional intercept length, indicating very broad mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.18”

Context: 65.5

LB26-002Limousine Butte · antimonyGrade: 0.22Grade Unit: %Intercept: 65.5 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.22
Grade Unit
%
Intercept
65.5 m
From
161.5 m
To
227.1 m
Intercept Depth
161.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This exceptionally long intercept shows broad, good-grade antimony mineralization, significantly contributing to the overall resource size and critical metals potential.

Positive factors

  • Exceptional intercept length, indicating very broad antimony mineralization
  • Good antimony grade, contributing to the critical metals aspect of the project
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.22%”

Context: 65.5

LB26-002Limousine Butte · goldGrade: 1.04Grade Unit: g/t AuEqIntercept: 65.5 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.04
Grade Unit
g/t AuEq
Intercept
65.5 m
From
161.5 m
To
227.1 m
Intercept Depth
161.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 exceptionally long AuEq intercept is a significant positive, demonstrating very broad and valuable mineralization that supports the MRE expansion.

Positive factors

  • Exceptional intercept length with strong AuEq grade, indicating very broad and valuable mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“1.04”

Context: 65.5

LB26-002Limousine Butte · goldGrade: 0.22Grade Unit: g/tIntercept: 36.6 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This long sub-interval shows broad, lower-grade gold mineralization, contributing to the overall resource size.

Positive factors

  • Very good intercept length, indicating broad mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.22”

Context: 36.6

LB26-002Limousine Butte · antimonyGrade: 0.29Grade Unit: %Intercept: 36.6 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.29
Grade Unit
%
Intercept
36.6 m
From
161.5 m
To
198.1 m
Intercept Depth
161.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This long sub-interval shows broad, good-grade antimony mineralization, significantly contributing to the overall resource size and critical metals potential.

Positive factors

  • Very good intercept length, indicating broad antimony mineralization
  • Good antimony grade, contributing to the critical metals aspect of the project
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.29%”

Context: 36.6

LB26-002Limousine Butte · goldGrade: 1.34Grade Unit: g/t AuEqIntercept: 36.6 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.34
Grade Unit
g/t AuEq
Intercept
36.6 m
From
161.5 m
To
198.1 m
Intercept Depth
161.5 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 long AuEq intercept is a significant positive, demonstrating broad and valuable mineralization that supports the MRE expansion.

Positive factors

  • Very good intercept length with strong AuEq grade, indicating broad and valuable mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“1.34”

Context: 36.6

LB26-002Limousine Butte · goldGrade: 0.25Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 gold grade within the broader lower intercept of LB26-002, contributing positively to the overall results.

Positive factors

  • Improved gold grade within a broader intercept
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.25”

Context: 6.1

LB26-002Limousine Butte · antimonyGrade: 0.95Grade Unit: %Intercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.95
Grade Unit
%
Intercept
6.1 m
From
192 m
To
198.1 m
Intercept Depth
192 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 strong antimony grade, significantly contributing to the overall value and demonstrating the presence of high-grade critical metals.

Positive factors

  • Very high antimony grade over a good width, indicating significant critical metal mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.95%”

Context: 6.1

LB26-002Limousine Butte · goldGrade: 3.94Grade Unit: g/t AuEqIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
LB26-002
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
3.94
Grade Unit
g/t AuEq
Intercept
6.1 m
From
192 m
To
198.1 m
Intercept Depth
192 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 exceptionally high-grade AuEq sub-interval is a significant positive, demonstrating the potential for very high-value zones within the broader mineralization and supporting the MRE expansion.

Positive factors

  • Exceptional AuEq grade over a good width, indicating very high-value mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“3.94”

Context: 6.1

LB26-003Limousine Butte · goldGrade: 0.19Grade Unit: g/tIntercept: 50.3 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.19
Grade Unit
g/t
Intercept
50.3 m
From
0 m
To
50.3 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This exceptionally long intercept from surface shows broad, lower-grade gold mineralization, significantly contributing to the overall resource size and open-pit potential.

Positive factors

  • Exceptional intercept length from surface, indicating very broad mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.19”

Context: 50.3

LB26-003Limousine Butte · antimonyGrade: 0.31Grade Unit: %Intercept: 50.3 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.31
Grade Unit
%
Intercept
50.3 m
From
0 m
To
50.3 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This exceptionally long intercept from surface shows broad, good-grade antimony mineralization, significantly contributing to the overall resource size and critical metals potential.

Positive factors

  • Exceptional intercept length from surface, indicating very broad antimony mineralization
  • Good antimony grade, contributing to the critical metals aspect of the project
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.31%”

Context: 50.3

LB26-003Limousine Butte · goldGrade: 1.38Grade Unit: g/t AuEqIntercept: 50.3 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.38
Grade Unit
g/t AuEq
Intercept
50.3 m
From
0 m
To
50.3 m
Intercept Depth
0 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 exceptionally long AuEq intercept from surface is a significant positive, demonstrating very broad and valuable mineralization that supports the MRE expansion and open-pit potential.

Positive factors

  • Exceptional intercept length with strong AuEq grade from surface, indicating very broad and valuable mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“1.38”

Context: 50.3

LB26-003Limousine Butte · goldGrade: 0.34Grade Unit: g/tIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 gold grade over a good width within the broader upper intercept of LB26-003, contributing positively to the overall results.

Positive factors

  • Improved gold grade within a broader intercept
  • Good intercept length
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.34”

Context: 10.7

LB26-003Limousine Butte · antimonyGrade: 0.5Grade Unit: %Intercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.5
Grade Unit
%
Intercept
10.7 m
From
16.8 m
To
27.4 m
Intercept Depth
16.8 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 good width, significantly contributing to the overall value and demonstrating the presence of critical metals.

Positive factors

  • High antimony grade over a good width, indicating significant critical metal mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.50%”

Context: 10.7

LB26-003Limousine Butte · goldGrade: 2.3Grade Unit: g/t AuEqIntercept: 10.7 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
2.3
Grade Unit
g/t AuEq
Intercept
10.7 m
From
16.8 m
To
27.4 m
Intercept Depth
16.8 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 high-grade AuEq sub-interval is a significant positive, demonstrating the potential for high-value zones within the broader mineralization and supporting the MRE expansion.

Positive factors

  • Very strong AuEq grade over a good width, indicating high-value mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“2.30”

Context: 10.7

LB26-003Limousine Butte · goldGrade: 0.06Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 low gold grade over a narrow width, indicating minor gold mineralization in this section, but is offset by very high antimony.

Positive factors

  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Very low gold grade for a primary commodity
  • Narrow intercept width
  • True width not explicitly stated

Evidence · table

“0.06”

Context: 3.0

LB26-003Limousine Butte · antimonyGrade: 1.16Grade Unit: %Intercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.16
Grade Unit
%
Intercept
3 m
From
41.1 m
To
44.2 m
Intercept Depth
41.1 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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, significantly contributing to the overall value and demonstrating the presence of very high-grade critical metals.

Positive factors

  • Exceptional antimony grade over a good width, indicating very significant critical metal mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“1.16%”

Context: 3.0

LB26-003Limousine Butte · goldGrade: 4.55Grade Unit: g/t AuEqIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
4.55
Grade Unit
g/t AuEq
Intercept
3 m
From
41.1 m
To
44.2 m
Intercept Depth
41.1 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 exceptionally high-grade AuEq sub-interval is a significant positive, demonstrating the potential for very high-value zones within the broader mineralization and supporting the MRE expansion.

Positive factors

  • Exceptional AuEq grade over a good width, indicating very high-value mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

Evidence · table

“4.55”

Context: 3.0

LB26-003Limousine Butte · goldGrade: 0.35Grade Unit: g/tIntercept: 38.1 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This long intercept shows broad, lower-grade gold mineralization, contributing to the overall resource size but with moderate individual grade.

Positive factors

  • Very good intercept length, indicating broad mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low gold grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.35”

Context: 38.1

LB26-003Limousine Butte · antimonyGrade: 0.1Grade Unit: %Intercept: 38.1 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.1
Grade Unit
%
Intercept
38.1 m
From
135.6 m
To
173.7 m
Intercept Depth
135.6 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: This long intercept shows broad, lower-grade antimony mineralization, contributing to the overall resource size but with moderate individual grade.

Positive factors

  • Very good intercept length, indicating broad antimony mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • Low antimony grade
  • True width not explicitly stated

Evidence · table

“0.10%”

Context: 38.1

LB26-003Limousine Butte · goldGrade: 0.71Grade Unit: g/t AuEqIntercept: 38.1 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.71
Grade Unit
g/t AuEq
Intercept
38.1 m
From
135.6 m
To
173.7 m
Intercept Depth
135.6 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 long AuEq intercept shows broad, moderate-grade mineralization, contributing to the overall resource size and demonstrating the project's potential.

Positive factors

  • Very good intercept length, indicating broad mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • Moderate AuEq grade for a primary commodity
  • True width not explicitly stated

Evidence · table

“0.71”

Context: 38.1

LB26-003Limousine Butte · goldGrade: 0.59Grade Unit: g/tIntercept: 13.7 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

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

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 gold grade over a good width within the broader lower intercept of LB26-003, contributing positively to the overall results.

Positive factors

  • Good gold grade over a good width, indicating significant mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.59”

Context: 13.7

LB26-003Limousine Butte · antimonyGrade: 0.18Grade Unit: %Intercept: 13.7 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
antimony
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
0.18
Grade Unit
%
Intercept
13.7 m
From
143.3 m
To
157 m
Intercept Depth
143.3 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

Metal Equivalent

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 good width, contributing positively to the overall resource and demonstrating the presence of critical metals.

Positive factors

  • Good antimony grade over a good width, indicating significant critical metal mineralization
  • Part of the initial 2026 drill program expanding the MRE

Negative factors

  • True width not explicitly stated

Evidence · table

“0.18%”

Context: 13.7

LB26-003Limousine Butte · goldGrade: 1.31Grade Unit: g/t AuEqIntercept: 13.7 mView all details
Link to this fact

Identity

Hole ID
LB26-003
Project
Limousine Butte
Commodity
gold
Region
usa_nv
Reported Region
Nevada
Ticker
NAU.V

Geometry

Grade
1.31
Grade Unit
g/t AuEq
Intercept
13.7 m
From
143.3 m
To
157 m
Intercept Depth
143.3 m

Classification

Deposit Type
other
Program
resource
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

Deleterious

Deleterious Flag
No

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 high-grade AuEq sub-interval is a significant positive, demonstrating the potential for high-value zones within the broader mineralization and supporting the MRE expansion.

Positive factors

  • Strong AuEq grade over a good width, indicating high-value mineralization
  • Contributes to MRE expansion and conversion of waste to ore
  • Assumptions for metal equivalent calculation are disclosed

Negative factors

  • True width not explicitly stated

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.