# 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--514b62eb-27c1-4773-98ce-1876681f6c86

Original source: https://orestocks.com/company/NAU.V/press-releases/8335504570043004

Publisher: orestocks

Original announcement: 2026-09-17T11:45:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-09-17T12:18:43.457Z

Atlas analysis updated: 2026-09-17T12:18:43.457Z

- 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

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas 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 factor: High-grade gold intercept \(5.00 g/t Au\) significantly above project average and 75th percentile for deposit type

- Positive factor: Significant width gold intercept \(42.7 m at 1.06 g/t Au\) expanding mineralization outside the MRE pit-shell

- Positive factor: Mineralization expanded both inside and outside the existing MRE pit-shell, indicating resource growth potential

- Positive factor: Drill program is focused on resource expansion and conversion, aligning with strategic goals

- Positive factor: Company is fully funded for the next 12-18 months with over $45 million in treasury

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

- Negative factor: Antimony grades are generally below the project's prior average

- Negative factor: 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 Disclosed**

Polarity: positive

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

Why it applies: The release 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 Signed**

Polarity: positive

Story-specific tag

Definition: 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 Opaque**

Polarity: negative

Definition: 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 Only**

Polarity: negative

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

Why it applies: The 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 Intercept**

Polarity: positive

Definition: 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 Extension**

Polarity: positive

Definition: 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)

### LB26-004

[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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-0)

Limousine Butte · gold

#### 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 factor: Intercept grade \(1.23 g/t Au\) is above the project's average grade \(1.051 g/t Au\)

- Positive factor: Intercept expands mineralization inside the 2026 MRE pit-shell

- Positive factor: Good intercept length \(27.4 m\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-1)

Limousine Butte · gold

#### 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 factor: Bonanza Intercept \(5.00 g/t Au\) significantly above the 75th percentile for gold in similar deposit types \(3.5 g/t Au\)

- Positive factor: Intercept grade \(5.00 g/t Au\) is well above the project's best prior grade \(4.55 g/t Au\)

- Positive factor: Intercept expands mineralization inside the 2026 MRE pit-shell

- Negative factor: Relatively narrow intercept length \(3.0 m\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-2)

Limousine Butte · gold

#### 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 factor: Good intercept length \(36.6 m\)

- Negative factor: Low grade \(0.13 g/t Au\) significantly below the project's average grade \(1.051 g/t Au\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-3)

Limousine Butte · gold

#### 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 factor: Low grade \(0.20 g/t Au\) significantly below the project's average grade \(1.051 g/t Au\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-4)

Limousine Butte · antimony

#### 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 factor: Low grade \(0.09% Sb\) significantly below the project's average grade \(0.35% Sb\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-5)

Limousine Butte · gold

#### 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 factor: Good intercept length \(30.5 m\)

- Negative factor: Low grade \(0.18 g/t Au\) significantly below the project's average grade \(1.051 g/t Au\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-6)

Limousine Butte · antimony

#### 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 factor: Low grade \(0.08% Sb\) significantly below the project's average grade \(0.35% Sb\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-7)

Limousine Butte · gold

#### 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 factor: Grade \(0.51 g/t Au\) is below the project's average grade \(1.051 g/t Au\)

- Negative factor: 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 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 "mixed"

### 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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-8)

Limousine Butte · antimony

#### 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 factor: Grade \(0.14% Sb\) is below the project's average grade \(0.35% Sb\)

- Negative factor: 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 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 "mixed"

### LB26-007

[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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-9)

Limousine Butte · antimony

#### 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 factor: Good intercept length \(16.8 m\)

- Negative factor: Grade \(0.20% Sb\) is below the project's average grade \(0.35% Sb\)

- Negative factor: 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 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 "mixed"

### LB26-007

[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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-10)

Limousine Butte · gold

#### 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 factor: Significant intercept length \(42.7 m\) with a good grade \(1.06 g/t Au\)

- Positive factor: Intercept grade \(1.06 g/t Au\) is above the project's average grade \(1.051 g/t Au\)

- Positive factor: Intercept expands mineralization outside the 2026 MRE pit-shell, indicating potential resource growth

- Negative factor: 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 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 "mixed"

### LB26-007

[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--514b62eb-27c1-4773-98ce-1876681f6c86#fact-drill-facts-11)

Limousine Butte · gold

#### 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 factor: Good intercept grade \(1.89 g/t Au\) well above the project's average grade \(1.051 g/t Au\)

- Positive factor: Good intercept length \(18.3 m\)

- Positive factor: Intercept expands mineralization outside the 2026 MRE pit-shell

- Negative factor: 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 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 "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.