Nevgold Files NI 43-101 Technical Report For Mineral Resource Estimate on the Limousine Butte Gold-Antimony Project, Nevada
Original announcement by orestocks on
- Company
- Nevgold Corp.
- Ticker
- NAU.V
- Exchange
- Unavailable
- Region
- Nevada
- Primary commodity
- Gold
- Secondary commodities
- Antimony, Silver
- Document categories
- Resource update
- Extracted
- 2026-08-31 13:58:09 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Nevgold Corp. has filed a NI 43-101 compliant technical report for its maiden Mineral Resource Estimate on the Limousine Butte Gold-Antimony Project in Nevada. The MRE outlines a large resource, including 15.2 Mt Measured & Indicated at 0.37 g/t gold and 0.21% antimony, and 117.5 Mt Inferred at 0.32 g/t gold and 0.09% antimony. However, the resource is predominantly in the Inferred category (88.55% of total) and the gold grades are relatively low for an open-pit project.
Reasoning: The company filed a technical report for its maiden Mineral Resource Estimate for the Limousine Butte gold-antimony project. While the MRE establishes a large overall resource, the majority (88.55%) is in the Inferred category, and the average gold grades (0.32-0.37 g/t) are low for an open-pit scenario, leading to a slightly negative sentiment despite the positive spin from the CEO.
Positive factors
- Maiden MRE establishes a baseline for the project
- NI 43-101 compliant
- QP/CP signed
- Large overall contained metal (gold and antimony)
- Open-pit mining scenario
Negative factors
- Very high proportion of Inferred resources (88.55% of total)
- Low average gold grades for an open-pit project (around 25th percentile of peers)
- Low average antimony grades
- The filing of the technical report is less novel than the initial MRE announcement
Facts used in scoring: 46
Classification and evidence
Maiden Resourceneutral
First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component.
Why it applies: This is the first formal Mineral Resource Estimate for the Limousine Butte project, establishing a baseline.
Evidence · text
“maiden Mineral Resource Estimate (“MRE”) for the Limousine Butte gold-antimony project”
NI 43-101 Compliantpositive
Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.
Why it applies: The resource estimate was prepared in accordance with National Instrument 43-101 standards.
Evidence · text
“in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects(“NI 43-101”)”
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 report was prepared by Gregory Z. Mosher, P. Geo., M.Sc. Applied, and Daniel W. Kappes, P.E., and technical information approved by Greg French, CPG.
Evidence · text
“prepared by Gregory Z. Mosher, P. Geo., M.Sc. Applied, and Daniel W. Kappes, P.E. in accordance with National Instrument 43-101”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: A very high proportion (88.55%) of the total resource is in the Inferred category, indicating lower geological confidence.
Evidence · table
“117.5”
Context: Total Inferred
Cut-off Disclosedpositive
Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.
Why it applies: The cut-off grades used for the resource estimate are clearly stated in the notes to the tables.
Evidence · text
“Mineral Resources for Leach Pads, Pre-Strip Dump, Resurrection, and Cadillac Valley are reported at a cut-off grade of 0.30 g/t AuEq.”
Extracted facts
Stored fact records: 46. Some facts used in scoring do not have a stored record.
Resource Estimates (46)
measuredLimousine Butte · goldTonnes: 1000000Grade: 0.31Grade Unit: g/tContained Metal: 9500Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- measured
- Tonnes
- 1000000
- Grade
- 0.31
- Grade Unit
- g/t
- Contained Metal
- 9500
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Measured resource at low gold grade for an open-pit scenario.
Positive factors
- Measured category provides high confidence
- Part of maiden MRE
Negative factors
- Low gold grade for open-pit
Evidence · table
“0.31”
Context: 1.0
measuredLimousine Butte · silverTonnes: 1000000Grade: 2.8Grade Unit: g/tContained Metal: 87000Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- measured
- Tonnes
- 1000000
- Grade
- 2.8
- Grade Unit
- g/t
- Contained Metal
- 87000
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Measured resource for silver, likely a byproduct.
Evidence · table
“2.80”
Context: 1.0
measuredLimousine Butte · antimonyTonnes: 1000000Grade: 0.26Grade Unit: %Contained Metal: 2600Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- measured
- Tonnes
- 1000000
- Grade
- 0.26
- Grade Unit
- %
- Contained Metal
- 2600
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Measured resource for antimony, contributing to the project's critical metals profile.
Positive factors
- Measured category provides high confidence
- Part of maiden MRE
Evidence · table
“0.26%”
Context: 1.0
indicatedLimousine Butte · goldTonnes: 1200000Grade: 0.29Grade Unit: g/tContained Metal: 11600Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 1200000
- Grade
- 0.29
- Grade Unit
- g/t
- Contained Metal
- 11600
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource at low gold grade for an open-pit scenario.
Positive factors
- Indicated category provides reasonable confidence
- Part of maiden MRE
Negative factors
- Low gold grade for open-pit
Evidence · table
“0.29”
Context: 1.2
indicatedLimousine Butte · silverTonnes: 1200000Grade: 2.43Grade Unit: g/tContained Metal: 96700Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 1200000
- Grade
- 2.43
- Grade Unit
- g/t
- Contained Metal
- 96700
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for silver, likely a byproduct.
Evidence · table
“2.43”
Context: 1.2
indicatedLimousine Butte · antimonyTonnes: 1200000Grade: 0.3Grade Unit: %Contained Metal: 3700Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 1200000
- Grade
- 0.3
- Grade Unit
- %
- Contained Metal
- 3700
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for antimony, contributing to the project's critical metals profile.
Positive factors
- Indicated category provides reasonable confidence
- Part of maiden MRE
Evidence · table
“0.30%”
Context: 1.2
indicatedLimousine Butte · goldTonnes: 90000Grade: 0.3Grade Unit: g/tContained Metal: 900Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 90000
- Grade
- 0.3
- Grade Unit
- g/t
- Contained Metal
- 900
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Small indicated resource at low gold grade.
Positive factors
- Indicated category provides reasonable confidence
Negative factors
- Low gold grade for open-pit
Evidence · table
“0.30”
Context: 0.09
indicatedLimousine Butte · silverTonnes: 90000Grade: 0.13Grade Unit: g/tContained Metal: 400Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 90000
- Grade
- 0.13
- Grade Unit
- g/t
- Contained Metal
- 400
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Small indicated resource for silver, likely a byproduct.
Evidence · table
“0.13”
Context: 0.09
indicatedLimousine Butte · antimonyTonnes: 90000Grade: 0.65Grade Unit: %Contained Metal: 600Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 90000
- Grade
- 0.65
- Grade Unit
- %
- Contained Metal
- 600
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Small indicated resource with a relatively higher antimony grade.
Positive factors
- Relatively higher antimony grade for this zone
Evidence · table
“0.65%”
Context: 0.09
indicatedLimousine Butte · goldTonnes: 12900000Grade: 0.38Grade Unit: g/tContained Metal: 159400Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 12900000
- Grade
- 0.38
- Grade Unit
- g/t
- Contained Metal
- 159400
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Largest indicated gold resource, but with low grades for an open-pit scenario.
Positive factors
- Indicated category provides reasonable confidence
- Largest indicated gold resource by contained metal
Negative factors
- Low gold grade for open-pit
Evidence · table
“0.38”
Context: 12.9
indicatedLimousine Butte · silverTonnes: 12900000Grade: 0.91Grade Unit: g/tContained Metal: 378100Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 12900000
- Grade
- 0.91
- Grade Unit
- g/t
- Contained Metal
- 378100
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for silver, likely a byproduct.
Evidence · table
“0.91”
Context: 12.9
indicatedLimousine Butte · antimonyTonnes: 12900000Grade: 0.19Grade Unit: %Contained Metal: 24900Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 12900000
- Grade
- 0.19
- Grade Unit
- %
- Contained Metal
- 24900
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Largest indicated antimony resource, contributing to the project's critical metals profile.
Positive factors
- Indicated category provides reasonable confidence
- Largest indicated antimony resource by contained metal
Evidence · table
“0.19%”
Context: 12.9
inferredLimousine Butte · goldTonnes: 50000Grade: 0.28Grade Unit: g/tContained Metal: 400Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 50000
- Grade
- 0.28
- Grade Unit
- g/t
- Contained Metal
- 400
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Small inferred resource at low gold grade.
Negative factors
- Inferred category has lower confidence
- Low gold grade for open-pit
Evidence · table
“0.28”
Context: 0.05
inferredLimousine Butte · silverTonnes: 50000Grade: 0.03Grade Unit: g/tContained Metal: 40Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 50000
- Grade
- 0.03
- Grade Unit
- g/t
- Contained Metal
- 40
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Small inferred resource for silver, likely a byproduct.
Evidence · table
“0.03”
Context: 0.05
inferredLimousine Butte · antimonyTonnes: 50000Grade: 0.99Grade Unit: %Contained Metal: 500Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 50000
- Grade
- 0.99
- Grade Unit
- %
- Contained Metal
- 500
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Small inferred resource with a relatively higher antimony grade.
Positive factors
- Relatively higher antimony grade for this zone
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.99%”
Context: 0.05
inferredLimousine Butte · goldTonnes: 28500000Grade: 0.29Grade Unit: g/tContained Metal: 261600Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 28500000
- Grade
- 0.29
- Grade Unit
- g/t
- Contained Metal
- 261600
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred gold resource, but with low grades and lower confidence.
Positive factors
- Large inferred gold resource
Negative factors
- Inferred category has lower confidence
- Low gold grade for open-pit
Evidence · table
“0.29”
Context: 28.5
inferredLimousine Butte · silverTonnes: 28500000Grade: 0.87Grade Unit: g/tContained Metal: 799100Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 28500000
- Grade
- 0.87
- Grade Unit
- g/t
- Contained Metal
- 799100
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred resource for silver, likely a byproduct, with lower confidence.
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.87”
Context: 28.5
inferredLimousine Butte · antimonyTonnes: 28500000Grade: 0.12Grade Unit: %Contained Metal: 34600Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 28500000
- Grade
- 0.12
- Grade Unit
- %
- Contained Metal
- 34600
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred antimony resource, contributing to the project's critical metals profile, but with lower confidence.
Positive factors
- Large inferred antimony resource
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.12%”
Context: 28.5
inferredLimousine Butte · goldTonnes: 57200000Grade: 0.37Grade Unit: g/tContained Metal: 686500Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 57200000
- Grade
- 0.37
- Grade Unit
- g/t
- Contained Metal
- 686500
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Largest inferred gold resource, but with low grades and lower confidence.
Positive factors
- Largest inferred gold resource by contained metal
Negative factors
- Inferred category has lower confidence
- Low gold grade for open-pit
Evidence · table
“0.37”
Context: 57.2
inferredLimousine Butte · silverTonnes: 57200000Grade: 0.49Grade Unit: g/tContained Metal: 895700Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 57200000
- Grade
- 0.49
- Grade Unit
- g/t
- Contained Metal
- 895700
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred resource for silver, likely a byproduct, with lower confidence.
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.49”
Context: 57.2
inferredLimousine Butte · antimonyTonnes: 57200000Grade: 0.07Grade Unit: %Contained Metal: 40600Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 57200000
- Grade
- 0.07
- Grade Unit
- %
- Contained Metal
- 40600
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred antimony resource, but with low grades and lower confidence.
Positive factors
- Large inferred antimony resource
Negative factors
- Inferred category has lower confidence
- Low antimony grade
Evidence · table
“0.07%”
Context: 57.2
inferredLimousine Butte · goldTonnes: 31700000Grade: 0.25Grade Unit: g/tContained Metal: 255000Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 31700000
- Grade
- 0.25
- Grade Unit
- g/t
- Contained Metal
- 255000
- Contained Unit
- oz
- Cutoff Grade
- 0.15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred gold resource, but with low grades and lower confidence, and no antimony data.
Positive factors
- Large inferred gold resource
Negative factors
- Inferred category has lower confidence
- Low gold grade for open-pit
Evidence · table
“0.25”
Context: 31.7
indicatedLimousine Butte · goldTonnes: 8900000Grade: 0.51Grade Unit: g/tContained Metal: 144200Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 8900000
- Grade
- 0.51
- Grade Unit
- g/t
- Contained Metal
- 144200
- Contained Unit
- oz
- Cutoff Grade
- 0.6
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource at a higher cut-off grade, showing improved gold grade.
Positive factors
- Higher gold grade at higher cut-off
Evidence · table
“0.51”
Context: 8.9
indicatedLimousine Butte · silverTonnes: 8900000Grade: 1.41Grade Unit: g/tContained Metal: 400000Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 8900000
- Grade
- 1.41
- Grade Unit
- g/t
- Contained Metal
- 400000
- Contained Unit
- oz
- Cutoff Grade
- 0.6
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for silver at a higher cut-off grade.
Evidence · table
“1.41”
Context: 8.9
indicatedLimousine Butte · antimonyTonnes: 8900000Grade: 0.28Grade Unit: %Contained Metal: 25100Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 8900000
- Grade
- 0.28
- Grade Unit
- %
- Contained Metal
- 25100
- Contained Unit
- t
- Cutoff Grade
- 0.6
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for antimony at a higher cut-off grade.
Evidence · table
“0.28%”
Context: 8.9
inferredLimousine Butte · goldTonnes: 51800000Grade: 0.41Grade Unit: g/tContained Metal: 690700Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 51800000
- Grade
- 0.41
- Grade Unit
- g/t
- Contained Metal
- 690700
- Contained Unit
- oz
- Cutoff Grade
- 0.6
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred gold resource at a higher cut-off grade, but with low grades and lower confidence.
Positive factors
- Large inferred gold resource at higher cut-off
Negative factors
- Inferred category has lower confidence
- Low gold grade for open-pit
Evidence · table
“0.41”
Context: 51.8
inferredLimousine Butte · silverTonnes: 51800000Grade: 1.08Grade Unit: g/tContained Metal: 700220Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 51800000
- Grade
- 1.08
- Grade Unit
- g/t
- Contained Metal
- 700220
- Contained Unit
- oz
- Cutoff Grade
- 0.6
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred resource for silver at a higher cut-off grade, with lower confidence.
Negative factors
- Inferred category has lower confidence
Evidence · table
“1.08”
Context: 51.8
inferredLimousine Butte · antimonyTonnes: 51800000Grade: 0.14Grade Unit: %Contained Metal: 28600Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 51800000
- Grade
- 0.14
- Grade Unit
- %
- Contained Metal
- 28600
- Contained Unit
- t
- Cutoff Grade
- 0.6
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred antimony resource at a higher cut-off grade, but with low grades and lower confidence.
Positive factors
- Large inferred antimony resource at higher cut-off
Negative factors
- Inferred category has lower confidence
- Low antimony grade
Evidence · table
“0.14%”
Context: 51.8
indicatedLimousine Butte · goldTonnes: 11300000Grade: 0.44Grade Unit: g/tContained Metal: 160600Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 11300000
- Grade
- 0.44
- Grade Unit
- g/t
- Contained Metal
- 160600
- Contained Unit
- oz
- Cutoff Grade
- 0.45
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource at a moderate cut-off grade, still showing low gold grade.
Positive factors
- Indicated category provides reasonable confidence
Negative factors
- Low gold grade for open-pit
Evidence · table
“0.44”
Context: 11.3
indicatedLimousine Butte · silverTonnes: 11300000Grade: 1.28Grade Unit: g/tContained Metal: 463100Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 11300000
- Grade
- 1.28
- Grade Unit
- g/t
- Contained Metal
- 463100
- Contained Unit
- oz
- Cutoff Grade
- 0.45
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for silver at a moderate cut-off grade.
Evidence · table
“1.28”
Context: 11.3
indicatedLimousine Butte · antimonyTonnes: 11300000Grade: 0.25Grade Unit: %Contained Metal: 28400Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 11300000
- Grade
- 0.25
- Grade Unit
- %
- Contained Metal
- 28400
- Contained Unit
- t
- Cutoff Grade
- 0.45
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for antimony at a moderate cut-off grade.
Evidence · table
“0.25%”
Context: 11.3
inferredLimousine Butte · goldTonnes: 70300000Grade: 0.38Grade Unit: g/tContained Metal: 868000Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 70300000
- Grade
- 0.38
- Grade Unit
- g/t
- Contained Metal
- 868000
- Contained Unit
- oz
- Cutoff Grade
- 0.45
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred gold resource at a moderate cut-off grade, but with low grades and lower confidence.
Positive factors
- Large inferred gold resource
Negative factors
- Inferred category has lower confidence
- Low gold grade for open-pit
Evidence · table
“0.38”
Context: 70.3
inferredLimousine Butte · silverTonnes: 70300000Grade: 0.83Grade Unit: g/tContained Metal: 1036340Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 70300000
- Grade
- 0.83
- Grade Unit
- g/t
- Contained Metal
- 1036340
- Contained Unit
- oz
- Cutoff Grade
- 0.45
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred resource for silver at a moderate cut-off grade, with lower confidence.
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.83”
Context: 70.3
inferredLimousine Butte · antimonyTonnes: 70300000Grade: 0.12Grade Unit: %Contained Metal: 46000Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 70300000
- Grade
- 0.12
- Grade Unit
- %
- Contained Metal
- 46000
- Contained Unit
- t
- Cutoff Grade
- 0.45
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Large inferred antimony resource at a moderate cut-off grade, but with low grades and lower confidence.
Positive factors
- Large inferred antimony resource
Negative factors
- Inferred category has lower confidence
- Low antimony grade
Evidence · table
“0.12%”
Context: 70.3
indicatedLimousine Butte · goldTonnes: 15200000Grade: 0.37Grade Unit: g/tContained Metal: 181400Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 15200000
- Grade
- 0.37
- Grade Unit
- g/t
- Contained Metal
- 181400
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource at the base case cut-off grade, showing low gold grade.
Positive factors
- Indicated category provides reasonable confidence
- Part of maiden MRE
Negative factors
- Low gold grade for open-pit
Evidence · table
“0.37”
Context: 15.2
indicatedLimousine Butte · silverTonnes: 15200000Grade: 1.15Grade Unit: g/tContained Metal: 562200Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 15200000
- Grade
- 1.15
- Grade Unit
- g/t
- Contained Metal
- 562200
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for silver at the base case cut-off grade.
Evidence · table
“1.15”
Context: 15.2
indicatedLimousine Butte · antimonyTonnes: 15200000Grade: 0.21Grade Unit: %Contained Metal: 31800Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 15200000
- Grade
- 0.21
- Grade Unit
- %
- Contained Metal
- 31800
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for antimony at the base case cut-off grade.
Positive factors
- Part of maiden MRE
Evidence · table
“0.21%”
Context: 15.2
inferredLimousine Butte · goldTonnes: 117500000Grade: 0.32Grade Unit: g/tContained Metal: 1203500Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 117500000
- Grade
- 0.32
- Grade Unit
- g/t
- Contained Metal
- 1203500
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Very large inferred gold resource, but with low grades and lower confidence, contributing to the overall low M&I percentage.
Positive factors
- Large inferred gold resource
Negative factors
- Inferred category has lower confidence
- Low gold grade for open-pit
Evidence · table
“0.32”
Context: 117.5
inferredLimousine Butte · silverTonnes: 117500000Grade: 0.61Grade Unit: g/tContained Metal: 1694840Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 117500000
- Grade
- 0.61
- Grade Unit
- g/t
- Contained Metal
- 1694840
- Contained Unit
- oz
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Very large inferred resource for silver, likely a byproduct, with lower confidence.
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.61”
Context: 117.5
inferredLimousine Butte · antimonyTonnes: 117500000Grade: 0.09Grade Unit: %Contained Metal: 75700Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 117500000
- Grade
- 0.09
- Grade Unit
- %
- Contained Metal
- 75700
- Contained Unit
- t
- Cutoff Grade
- 0.3
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Very large inferred antimony resource, but with low grades and lower confidence.
Positive factors
- Large inferred antimony resource
Negative factors
- Inferred category has lower confidence
- Low antimony grade
Evidence · table
“0.09%”
Context: 117.5
indicatedLimousine Butte · goldTonnes: 23100000Grade: 0.28Grade Unit: g/tContained Metal: 204900Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 23100000
- Grade
- 0.28
- Grade Unit
- g/t
- Contained Metal
- 204900
- Contained Unit
- oz
- Cutoff Grade
- 0.15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource at a very low cut-off grade, resulting in very low gold grade.
Positive factors
- Indicated category provides reasonable confidence
Negative factors
- Very low gold grade for open-pit
- Lower cut-off grade
Evidence · table
“0.28”
Context: 23.1
indicatedLimousine Butte · silverTonnes: 23100000Grade: 0.98Grade Unit: g/tContained Metal: 729300Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 23100000
- Grade
- 0.98
- Grade Unit
- g/t
- Contained Metal
- 729300
- Contained Unit
- oz
- Cutoff Grade
- 0.15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for silver at a very low cut-off grade.
Evidence · table
“0.98”
Context: 23.1
indicatedLimousine Butte · antimonyTonnes: 23100000Grade: 0.16Grade Unit: %Contained Metal: 36100Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- indicated
- Tonnes
- 23100000
- Grade
- 0.16
- Grade Unit
- %
- Contained Metal
- 36100
- Contained Unit
- t
- Cutoff Grade
- 0.15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Indicated resource for antimony at a very low cut-off grade, resulting in low antimony grade.
Negative factors
- Low antimony grade
- Lower cut-off grade
Evidence · table
“0.16%”
Context: 23.1
inferredLimousine Butte · goldTonnes: 221900000Grade: 0.23Grade Unit: g/tContained Metal: 1628900Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 221900000
- Grade
- 0.23
- Grade Unit
- g/t
- Contained Metal
- 1628900
- Contained Unit
- oz
- Cutoff Grade
- 0.15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Very large inferred gold resource at a very low cut-off grade, resulting in very low gold grade and lower confidence.
Positive factors
- Very large inferred gold resource
Negative factors
- Inferred category has lower confidence
- Very low gold grade for open-pit
- Lower cut-off grade
Evidence · table
“0.23”
Context: 221.9
inferredLimousine Butte · silverTonnes: 221900000Grade: 0.49Grade Unit: g/tContained Metal: 2997940Contained Unit: ozView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- silver
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 221900000
- Grade
- 0.49
- Grade Unit
- g/t
- Contained Metal
- 2997940
- Contained Unit
- oz
- Cutoff Grade
- 0.15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Very large inferred resource for silver at a very low cut-off grade, with lower confidence.
Negative factors
- Inferred category has lower confidence
Evidence · table
“0.49”
Context: 221.9
inferredLimousine Butte · antimonyTonnes: 221900000Grade: 0.06Grade Unit: %Contained Metal: 114000Contained Unit: tView all detailsHide details
Identity
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU.V
Resource Data
- Category
- inferred
- Tonnes
- 221900000
- Grade
- 0.06
- Grade Unit
- %
- Contained Metal
- 114000
- Contained Unit
- t
- Cutoff Grade
- 0.15
Review
- Needs Review
- No
- Historical
- No
Dates
- Event date
- 2026-08-31T00:00:00.000Z
Reasoning: Very large inferred antimony resource at a very low cut-off grade, resulting in very low antimony grade and lower confidence.
Positive factors
- Very large inferred antimony resource
Negative factors
- Inferred category has lower confidence
- Very low antimony grade
- Lower cut-off grade
Evidence · table
“0.06%”
Context: 221.9
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.