# NevGold Intercepts 1.06 g/t Oxide Au Over 42.7 Meters Outside of 2026 MRE Pit-shell; Mineralization Also Expanded Inside Pit-Shell With 5.00 g/t Oxide Au Over 3.0 Meters Within 1.23 g/t Oxide Au Over 27.4 Meters at Limo Butte, Nevada

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383

Original source: https://www.globenewswire.com/news-release/2026/09/17/3363884/0/en/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-shell-mineralization-also-expanded-inside-pit-shell-with-5-00-g-t-oxide-au-over-3-0-meters-within-1-23.html

Publisher: globenewswire

Original announcement: 2026-09-17T00:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-17T12:35:33.688Z

Atlas analysis updated: 2026-09-17T12:35:33.688Z

- Company: NevGold Corp.

- Ticker: NAU

- Exchange: Unavailable

- Region: Nevada

- Primary commodity: Gold

- Secondary commodities: Antimony

- Document categories: Drill results, Resource update

- Extracted: 2026-09-17 12:35:34 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

NevGold Corp. has reported significant oxide gold and antimony expansion at its Limo Butte Project in Nevada. Drilling has successfully intercepted high-grade mineralization both inside and outside the 2026 Mineral Resource Estimate pit-shell, including a 5.00 g/t Au intercept.

Reasoning: The drill results demonstrate significant expansion of the resource footprint both within and beyond the existing pit-shell, with high-grade gold and antimony intercepts.

- Positive factor: Expansion of mineralization both inside and outside the 2026 MRE pit-shell

- Positive factor: High-grade intercepts \(5.00 g/t Au\) within the pit-shell

- Positive factor: Thick intercepts \(42.7 m\) outside the pit-shell

- Positive factor: QA/QC protocols disclosed including certified lab and QP sign-off

- Negative factor: Apparent width only \(true width not explicitly stated for all intercepts\)

Facts used in scoring: 9

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: LB26-007 Lower expands mineralization outside the 2026 MRE pit-shell.

Evidence · text

> significantly expanded oxide gold mineralization both inside and outside of the 2026 Mineral Resource Estimate

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: Release mentions insertion of duplicates, blanks, and standards and uses an ISO 17025 certified lab.

Evidence · text

> insertion of duplicate, blank and standard samples in all drill holes. A 30g gold fire assay... was completed by ISO 17025 certified American Assay Labs

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: LB26-007 Upper is explicitly described as infill.

Evidence · text

> LB26-007 Upper \(infill\)

## Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

## Drill Results (9)

### LB26-004

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-0)

Limo Butte · gold

#### Identity

- Hole ID: LB26-004
- Project: Limo Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 1.23
- Grade Unit: g/t
- Intercept: 27.4 m
- From: 164.6 m
- To: 192 m
- Intercept Depth: 164.6 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-004:164.6-192
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667217
- Northing: 4417168
- Elevation: 2241 m
- Azimuth: 90 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### 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: 2026-09-17T00:00:00.000Z

Reasoning: Solid intercept expanding the resource inside the existing pit-shell.

- Positive factor: Expansion inside pit-shell

Evidence · table

> 1.23

Context: 27.4

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-004

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-1)

Limo Butte · gold

#### Identity

- Hole ID: LB26-004
- Project: Limo Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 5
- Grade Unit: g/t
- Intercept: 3 m
- From: 178.3 m
- To: 181.4 m
- Intercept Depth: 178.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-004:178.3-181.4
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667217
- Northing: 4417168
- Elevation: 2241 m
- Azimuth: 90 °
- Dip: -80 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 5
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Strong high-grade gold intercept within the pit-shell.

- Positive factor: High grade intercept

Evidence · table

> 5.00

Context: 3.0

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-005

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-2)

Limo Butte · gold

#### Identity

- Hole ID: LB26-005
- Project: Limo Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.13
- Grade Unit: g/t
- Intercept: 36.6 m
- From: 83.8 m
- To: 120.4 m
- Intercept Depth: 83.8 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-005:83.8-120.4
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667217
- Northing: 4417167
- Elevation: 2241 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.13
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Low grade intercept.

- Negative factor: Low grade

Evidence · table

> 0.13

Context: 36.6

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-005

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-3)

Limo Butte · antimony

#### Identity

- Hole ID: LB26-005
- Project: Limo Butte
- Commodity: antimony
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.09
- Grade Unit: %
- Intercept: 10.7 m
- From: 109.7 m
- To: 120.4 m
- Intercept Depth: 109.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-005:109.7-120.4
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667217
- Northing: 4417167
- Elevation: 2241 m
- Azimuth: 0 °
- Dip: -90 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Trace antimony reported in sub-interval.

Evidence · table

> 0.09%

Context: 10.7

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-4)

Limo Butte · gold

#### Identity

- Hole ID: LB26-006
- Project: Limo Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.18
- Grade Unit: g/t
- Intercept: 30.5 m
- From: 68.6 m
- To: 99.1 m
- Intercept Depth: 68.6 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-006:68.6-99.1
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667217
- Northing: 4417168
- Elevation: 2241 m
- Azimuth: 35 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.47
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

> 0.18

Context: 30.5

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-006

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-5)

Limo Butte · antimony

#### Identity

- Hole ID: LB26-006
- Project: Limo Butte
- Commodity: antimony
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.14
- Grade Unit: %
- Intercept: 6.1 m
- From: 74.7 m
- To: 80.8 m
- Intercept Depth: 74.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-006:74.7-80.8
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667217
- Northing: 4417168
- Elevation: 2241 m
- Azimuth: 35 °
- Dip: -70 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Sub-interval with antimony mineralization.

Evidence · table

> 0.14%

Context: 6.1

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-007 Upper

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-6)

Limo Butte · antimony

#### Identity

- Hole ID: LB26-007 Upper
- Project: Limo Butte
- Commodity: antimony
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 0.2
- Grade Unit: %
- Intercept: 16.8 m
- From: 29 m
- To: 45.7 m
- Intercept Depth: 29 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-007 Upper:29-45.7
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667173
- Northing: 4417250
- Elevation: 2189 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 0.79
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Infill drilling confirming antimony mineralization.

Evidence · table

> 0.20%

Context: 16.8

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-007 Lower

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-7)

Limo Butte · gold

#### Identity

- Hole ID: LB26-007 Lower
- Project: Limo Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 1.06
- Grade Unit: g/t
- Intercept: 42.7 m
- From: 242.3 m
- To: 285 m
- Intercept Depth: 242.3 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-007 Lower:242.3-285
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667173
- Northing: 4417250
- Elevation: 2189 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.06
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Significant expansion of mineralization outside the 2026 MRE pit-shell with a thick, high-grade intercept.

- Positive factor: Expansion outside pit-shell

- Positive factor: Thick intercept

Evidence · table

> 1.06

Context: 42.7

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

### LB26-007 Lower

[Link to this fact](https://atlas-staging.minestarters.com/news/nevgold-intercepts-1-06-g-t-oxide-au-over-42-7-meters-outside-of-2026-mre-pit-sh--1d471393-a638-4e67-8837-adfe36c1b383#fact-drill-facts-8)

Limo Butte · gold

#### Identity

- Hole ID: LB26-007 Lower
- Project: Limo Butte
- Commodity: gold
- Region: usa\_nv
- Reported Region: usa\_nv
- Ticker: NAU

#### Geometry

- Grade: 1.89
- Grade Unit: g/t
- Intercept: 18.3 m
- From: 263.7 m
- To: 281.9 m
- Intercept Depth: 263.7 m

#### Classification

- Program: resource
- Sample Type: drill
- Group ID: LB26-007 Lower:263.7-281.9
- Mining Method: open\_pit

#### Location

- Location: Resurrection Ridge
- Easting: 667173
- Northing: 4417250
- Elevation: 2189 m
- Azimuth: 120 °
- Dip: -60 °
- Loc. Confidence: high
- Loc. Source: document

#### QA/QC

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

#### Metal Equivalent

- Metal Eq. Grade: 1.89
- Metal Eq. Unit: g/t AuEq
- Assumptions Disclosed: Yes

#### Review

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

#### Dates

- Event date: 2026-09-17T00:00:00.000Z

Reasoning: Strong high-grade sub-interval within the expansion hole.

- Positive factor: High-grade sub-interval

Evidence · table

> 1.89

Context: 18.3

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

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

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "resource"

## 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.