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
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
- Extracted
- 2026-09-17 12:18:44 UTC
Analysis by Minestarters Atlas
Atlas analysis published:
Minestarters Atlas analysis
Summary
NevGold announced additional oxide-gold assays from its 2026 drill program at the Limousine Butte Project in Nevada, significantly expanding mineralization both inside and outside the 2026 MRE pit-shell. Key intercepts include 1.06 g/t oxide Au over 42.7 meters outside the pit-shell and 5.00 g/t oxide Au over 3.0 meters within a broader 1.23 g/t oxide Au over 27.4 meters inside the pit-shell. The company is fully funded for the next 12-18 months and continues to advance its Preliminary Economic Assessment and engineering studies.
Reasoning: The drill program successfully expanded oxide gold mineralization both within and outside the existing MRE pit-shell, including a high-grade intercept of 5.00 g/t Au over 3.0 meters and a significant width of 1.06 g/t Au over 42.7 meters, which are above the project's average grade and contribute to resource growth potential.
Positive factors
- High-grade gold intercept (5.00 g/t Au) significantly above project average and 75th percentile for deposit type
- Significant width gold intercept (42.7 m at 1.06 g/t Au) expanding mineralization outside the MRE pit-shell
- Mineralization expanded both inside and outside the existing MRE pit-shell, indicating resource growth potential
- Drill program is focused on resource expansion and conversion, aligning with strategic goals
- Company is fully funded for the next 12-18 months with over $45 million in treasury
- QA/QC protocols are disclosed, including certified lab and QP sign-off
Negative factors
- Antimony grades are generally below the project's prior average
- True width is reported as a range (70% to 90% of downhole thickness) rather than a specific value for each intercept
Low confidence — this extraction should be reviewed alongside the original source.
Facts used in scoring: 12
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release states that NevGold QA/QC protocols are followed, including insertion of duplicate, blank and standard samples, and that a 30g gold fire assay and multi-elemental analysis ICP-OES method was completed by ISO 17025 certified American Assay Labs, Reno.
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 · Story-specific tag
Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.
Why it applies: Technical information in the news release has been reviewed and approved by Greg French, CPG, NevGold’s Qualified Person (“QP”) under National Instrument 43-101.
Evidence · text
“Technical information contained in this news release has been reviewed and approved by Greg French, CPG, the Company’s Vice President, Exploration, who is NevGold’s Qualified Person (“QP”) under National Instrument 43-101 and responsible for technical matters of this release.”
Metal Equivalent Opaquenegative
Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.
Why it applies: 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, which are disclosed.
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 footnote states that 'Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness,' indicating that only apparent width is reported for the intercepts.
Evidence · text
“Downhole thickness reported; true width varies depending on drill hole dip and is approximately 70% to 90% of downhole thickness.”
Bonanza Interceptpositive
Exceptionally high-grade zone, well above the deposit-type norm.
Why it applies: The intercept of 5.00 g/t oxide Au over 3.0 meters is above the exceptional threshold of 5 g/t for open-pit gold deposits.
Evidence · table
“5.00”
Context: 3.0
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: The release highlights 'High-grade oxide gold mineralization significantly expanded outside 2026 MRE pit-shell with 1.06 g/t oxide Au over 42.7 meters,' indicating an extension of mineralization.
Evidence · text
“High-grade oxide gold mineralization significantly expanded outside 2026 MRE pit-shell with 1.06 g/t oxide Au over 42.7 meters”
Extracted facts
Stored fact records: 12. Some facts used in scoring do not have a stored record.
Drill Results (12)
LB26-004Limousine Butte · goldGrade: 1.23Grade Unit: g/tIntercept: 27.4 mView all detailsHide details
Identity
- Hole ID
- LB26-004
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 1.23
- Grade Unit
- g/t
- Intercept
- 27.4 m
- From
- 164.6 m
- To
- 192 m
- Hole Depth
- 202.7 m
- Intercept Depth
- 164.6 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-004:164.6-192
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417168
- Elevation
- 2241 m
- Azimuth
- 90 °
- Dip
- -80 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This intercept expands mineralization inside the existing pit-shell with a grade above the project average, contributing to resource conversion and expansion.
Positive factors
- Intercept grade (1.23 g/t Au) is above the project's average grade (1.051 g/t Au)
- Intercept expands mineralization inside the 2026 MRE pit-shell
- Good intercept length (27.4 m)
Negative factors
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“1.23”
Context: 27.4
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-004Limousine Butte · goldGrade: 5Grade Unit: g/tIntercept: 3 mView all detailsHide details
Identity
- Hole ID
- LB26-004
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 5
- Grade Unit
- g/t
- Intercept
- 3 m
- From
- 178.3 m
- To
- 181.4 m
- Hole Depth
- 202.7 m
- Intercept Depth
- 164.6 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-004:178.3-181.4
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417168
- Elevation
- 2241 m
- Azimuth
- 90 °
- Dip
- -80 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This high-grade intercept significantly exceeds both the project's best prior grade and the 75th percentile for similar deposit types, representing a bonanza-grade zone within the pit-shell.
Positive factors
- Bonanza Intercept (5.00 g/t Au) significantly above the 75th percentile for gold in similar deposit types (3.5 g/t Au)
- Intercept grade (5.00 g/t Au) is well above the project's best prior grade (4.55 g/t Au)
- Intercept expands mineralization inside the 2026 MRE pit-shell
Negative factors
- Relatively narrow intercept length (3.0 m)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“5.00”
Context: 3.0
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-005Limousine Butte · goldGrade: 0.13Grade Unit: g/tIntercept: 36.6 mView all detailsHide details
Identity
- Hole ID
- LB26-005
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.13
- Grade Unit
- g/t
- Intercept
- 36.6 m
- From
- 83.8 m
- To
- 120.4 m
- Hole Depth
- 278.9 m
- Intercept Depth
- 83.8 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-005:83.8-120.4
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417167
- Elevation
- 2241 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This intercept shows low-grade gold mineralization, significantly below the project's average, indicating less economic significance for this interval.
Positive factors
- Good intercept length (36.6 m)
Negative factors
- Low grade (0.13 g/t Au) significantly below the project's average grade (1.051 g/t Au)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.13”
Context: 36.6
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-005Limousine Butte · goldGrade: 0.2Grade Unit: g/tIntercept: 10.7 mView all detailsHide details
Identity
- Hole ID
- LB26-005
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.2
- Grade Unit
- g/t
- Intercept
- 10.7 m
- From
- 109.7 m
- To
- 120.4 m
- Hole Depth
- 278.9 m
- Intercept Depth
- 83.8 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-005:109.7-120.4
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417167
- Elevation
- 2241 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Metal Eq. Grade
- 0.57
- 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: This sub-interval shows low-grade gold mineralization, below the project's average, with limited economic significance.
Negative factors
- Low grade (0.20 g/t Au) significantly below the project's average grade (1.051 g/t Au)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.20”
Context: 10.7
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-005Limousine Butte · antimonyGrade: 0.09Grade Unit: %Intercept: 10.7 mView all detailsHide details
Identity
- Hole ID
- LB26-005
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.09
- Grade Unit
- %
- Intercept
- 10.7 m
- From
- 109.7 m
- To
- 120.4 m
- Hole Depth
- 278.9 m
- Intercept Depth
- 83.8 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-005:109.7-120.4
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417167
- Elevation
- 2241 m
- Azimuth
- 0 °
- Dip
- -90 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: This antimony intercept is significantly below the project's average grade, indicating limited economic contribution from antimony in this interval.
Negative factors
- Low grade (0.09% Sb) significantly below the project's average grade (0.35% Sb)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.09%”
Context: 10.7
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-006Limousine Butte · goldGrade: 0.18Grade Unit: g/tIntercept: 30.5 mView all detailsHide details
Identity
- Hole ID
- LB26-006
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.18
- Grade Unit
- g/t
- Intercept
- 30.5 m
- From
- 68.6 m
- To
- 99.1 m
- Hole Depth
- 288 m
- Intercept Depth
- 68.6 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-006:68.6-99.1
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417168
- Elevation
- 2241 m
- Azimuth
- 35 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This intercept shows low-grade gold mineralization, significantly below the project's average, limiting its economic significance.
Positive factors
- Good intercept length (30.5 m)
Negative factors
- Low grade (0.18 g/t Au) significantly below the project's average grade (1.051 g/t Au)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.18”
Context: 30.5
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-006Limousine Butte · antimonyGrade: 0.08Grade Unit: %Intercept: 30.5 mView all detailsHide details
Identity
- Hole ID
- LB26-006
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.08
- Grade Unit
- %
- Intercept
- 30.5 m
- From
- 68.6 m
- To
- 99.1 m
- Hole Depth
- 288 m
- Intercept Depth
- 68.6 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-006:68.6-99.1
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417168
- Elevation
- 2241 m
- Azimuth
- 35 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: This antimony intercept is significantly below the project's average grade, indicating limited economic contribution from antimony in this interval.
Negative factors
- Low grade (0.08% Sb) significantly below the project's average grade (0.35% Sb)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.08%”
Context: 30.5
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-006Limousine Butte · goldGrade: 0.51Grade Unit: g/tIntercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- LB26-006
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.51
- Grade Unit
- g/t
- Intercept
- 6.1 m
- From
- 74.7 m
- To
- 80.8 m
- Hole Depth
- 288 m
- Intercept Depth
- 68.6 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-006:74.7-80.8
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417168
- Elevation
- 2241 m
- Azimuth
- 35 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This sub-interval shows gold mineralization below the project's average grade, offering limited economic upside.
Negative factors
- Grade (0.51 g/t Au) is below the project's average grade (1.051 g/t Au)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.51”
Context: 6.1
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-006Limousine Butte · antimonyGrade: 0.14Grade Unit: %Intercept: 6.1 mView all detailsHide details
Identity
- Hole ID
- LB26-006
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.14
- Grade Unit
- %
- Intercept
- 6.1 m
- From
- 74.7 m
- To
- 80.8 m
- Hole Depth
- 288 m
- Intercept Depth
- 68.6 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-006:74.7-80.8
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667217
- Northing
- 4417168
- Elevation
- 2241 m
- Azimuth
- 35 °
- Dip
- -70 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Metal Equivalent
- Assumptions Disclosed
- Yes
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-17T00:00:00.000Z
Reasoning: This antimony intercept is below the project's average grade, indicating limited economic contribution from antimony in this interval.
Negative factors
- Grade (0.14% Sb) is below the project's average grade (0.35% Sb)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.14%”
Context: 6.1
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-007Limousine Butte · antimonyGrade: 0.2Grade Unit: %Intercept: 16.8 mView all detailsHide details
Identity
- Hole ID
- LB26-007
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 0.2
- Grade Unit
- %
- Intercept
- 16.8 m
- From
- 29 m
- To
- 45.7 m
- Hole Depth
- 285 m
- Intercept Depth
- 29 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-007:29-45.7
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667173
- Northing
- 4417250
- Elevation
- 2189 m
- Azimuth
- 120 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This antimony intercept is below the project's average grade, indicating limited economic contribution from antimony in this interval.
Positive factors
- Good intercept length (16.8 m)
Negative factors
- Grade (0.20% Sb) is below the project's average grade (0.35% Sb)
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“0.20%”
Context: 16.8
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-007Limousine Butte · goldGrade: 1.06Grade Unit: g/tIntercept: 42.7 mView all detailsHide details
Identity
- Hole ID
- LB26-007
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 1.06
- Grade Unit
- g/t
- Intercept
- 42.7 m
- From
- 242.3 m
- To
- 285 m
- Hole Depth
- 285 m
- Intercept Depth
- 242.3 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-007:242.3-285
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667173
- Northing
- 4417250
- Elevation
- 2189 m
- Azimuth
- 120 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This intercept represents a significant expansion of gold mineralization outside the existing pit-shell with a good grade over a substantial width, contributing positively to resource growth potential.
Positive factors
- Significant intercept length (42.7 m) with a good grade (1.06 g/t Au)
- Intercept grade (1.06 g/t Au) is above the project's average grade (1.051 g/t Au)
- Intercept expands mineralization outside the 2026 MRE pit-shell, indicating potential resource growth
Negative factors
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“1.06”
Context: 42.7
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
LB26-007Limousine Butte · goldGrade: 1.89Grade Unit: g/tIntercept: 18.3 mView all detailsHide details
Identity
- Hole ID
- LB26-007
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- usa_nv
- Ticker
- NAU.V
Geometry
- Grade
- 1.89
- Grade Unit
- g/t
- Intercept
- 18.3 m
- From
- 263.7 m
- To
- 281.9 m
- Hole Depth
- 285 m
- Intercept Depth
- 242.3 m
Classification
- Program
- mixed
- Sample Type
- drill
- Group ID
- LB26-007:263.7-281.9
- Mining Method
- open_pit
Location
- Location
- RR
- Easting
- 667173
- Northing
- 4417250
- Elevation
- 2189 m
- Azimuth
- 120 °
- Dip
- -60 °
- Loc. Confidence
- high
- Loc. Source
- document
QA/QC
- Laboratory
- American Assay Labs, Reno
- 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: This sub-interval shows good gold grades over a solid width, contributing to the expansion of mineralization outside the existing pit-shell.
Positive factors
- Good intercept grade (1.89 g/t Au) well above the project's average grade (1.051 g/t Au)
- Good intercept length (18.3 m)
- Intercept expands mineralization outside the 2026 MRE pit-shell
Negative factors
- True width is not explicitly stated, only a range (70% to 90% of downhole thickness)
Evidence · table
“1.89”
Context: 18.3
Tags used in scoring
QA/QC Disclosedpositive
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 Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Infill Drillingneutral
Confirmatory drilling to raise resource confidence, not new discovery.
Why it applies: drill_program_type is "mixed"
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.