The Crushed Pile in Nevada: How a Forgotten 1989 Gold Heap Is Becoming One of America's Few Near-Term Antimony Solutions
Original announcement by tmx on
- Company
- NevGold Corp.
- Ticker
- NAU
- Exchange
- TSX
- Region
- Nevada
- Primary commodity
- Antimony
- Secondary commodities
- Gold
- Document categories
- Drill results, Metallurgy, Capital raise
- Extracted
- 2026-08-20 22:43:53 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
NevGold Corp. has reported consistent antimony and gold mineralization across all sonic drillholes targeting the historic Crushed leach pad at the Limousine Butte project in Nevada. The company highlights the low-cost nature of the project as the material is already crushed and on the surface, with metallurgical testing showing high recoveries for both metals.
Reasoning: The announcement reports consistent, high-grade antimony and gold intercepts from a historic leach pad, supported by strong metallurgical results and a recent capital raise, positioning the project for near-term production.
Positive factors
- consistent antimony and gold mineralization in all drillholes
- material is already crushed and on surface (low capex/permitting)
- strong metallurgical recoveries for both metals
- recent successful C$42M capital raise
Facts used in scoring: 10
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 document mentions sonic drilling and consistent results, though specific lab names for these specific intercepts are not in the immediate text, the context of the May 14 release is cited.
Evidence · text
“NevGold reported the following results from its sonic drilling on the Crushed leach pad.”
Extracted facts
Stored fact records: 10. Some facts used in scoring do not have a stored record.
Drill Results (10)
LBS26-014Limousine Butte · antimonyGrade: 0.32Grade Unit: %Intercept: 14.9 mView all detailsHide details
Identity
- Hole ID
- LBS26-014
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.32
- Grade Unit
- %
- Intercept
- 14.9 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-014:0-14.9
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.32% Sb is a consistent intercept in the Crushed pad program.
Positive factors
- consistent mineralization
Evidence · text
“Drillhole LBS26-014 returned 0.32% antimony and 0.39 grams per tonne gold over 14.9 meters.”
LBS26-014Limousine Butte · goldGrade: 0.39Grade Unit: g/tIntercept: 14.9 mView all detailsHide details
Identity
- Hole ID
- LBS26-014
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.39
- Grade Unit
- g/t
- Intercept
- 14.9 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-014:0-14.9
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.39 g/t Au is a consistent intercept in the Crushed pad program.
Evidence · text
“Drillhole LBS26-014 returned 0.32% antimony and 0.39 grams per tonne gold over 14.9 meters.”
LBS26-019Limousine Butte · antimonyGrade: 0.3Grade Unit: %Intercept: 16.5 mView all detailsHide details
Identity
- Hole ID
- LBS26-019
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.3
- Grade Unit
- %
- Intercept
- 16.5 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-019:0-16.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.30% Sb is a consistent intercept in the Crushed pad program.
Positive factors
- consistent mineralization
Evidence · text
“LBS26-019 returned 0.30% antimony and 0.37 grams per tonne gold over 16.5 meters.”
LBS26-019Limousine Butte · goldGrade: 0.37Grade Unit: g/tIntercept: 16.5 mView all detailsHide details
Identity
- Hole ID
- LBS26-019
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.37
- Grade Unit
- g/t
- Intercept
- 16.5 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-019:0-16.5
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.37 g/t Au is a consistent intercept in the Crushed pad program.
Evidence · text
“LBS26-019 returned 0.30% antimony and 0.37 grams per tonne gold over 16.5 meters.”
LBS26-016Limousine Butte · antimonyGrade: 0.27Grade Unit: %Intercept: 14 mView all detailsHide details
Identity
- Hole ID
- LBS26-016
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.27
- Grade Unit
- %
- Intercept
- 14 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-016:0-14.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.27% Sb is a consistent intercept in the Crushed pad program.
Positive factors
- consistent mineralization
Evidence · text
“LBS26-016 came in at 0.27% antimony and 0.37 grams per tonne gold over 14.0 meters.”
LBS26-016Limousine Butte · goldGrade: 0.37Grade Unit: g/tIntercept: 14 mView all detailsHide details
Identity
- Hole ID
- LBS26-016
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.37
- Grade Unit
- g/t
- Intercept
- 14 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-016:0-14.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.37 g/t Au is a consistent intercept in the Crushed pad program.
Evidence · text
“LBS26-016 came in at 0.27% antimony and 0.37 grams per tonne gold over 14.0 meters.”
LBS26-015Limousine Butte · antimonyGrade: 0.27Grade Unit: %Intercept: 18 mView all detailsHide details
Identity
- Hole ID
- LBS26-015
- Project
- Limousine Butte
- Commodity
- antimony
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.27
- Grade Unit
- %
- Intercept
- 18 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-015:0-18.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.27% Sb is a consistent intercept in the Crushed pad program.
Positive factors
- consistent mineralization
Evidence · text
“LBS26-015 hit 0.27% antimony and 0.41 grams per tonne gold over 18.0 meters.”
LBS26-015Limousine Butte · goldGrade: 0.41Grade Unit: g/tIntercept: 18 mView all detailsHide details
Identity
- Hole ID
- LBS26-015
- Project
- Limousine Butte
- Commodity
- gold
- Region
- usa_nv
- Reported Region
- Nevada
- Ticker
- NAU
Geometry
- Grade
- 0.41
- Grade Unit
- g/t
- Intercept
- 18 m
Classification
- Sample Type
- drill
- Group ID
- LBS26-015:0-18.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: 0.41 g/t Au is a consistent intercept in the Crushed pad program.
Evidence · text
“LBS26-015 hit 0.27% antimony and 0.41 grams per tonne gold over 18.0 meters.”
Fact 9antimonyView all detailsHide details
Identity
- Commodity
- antimony
- Ticker
- NAU
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: Antimony extraction ranged from 54% to 92%, with an average implied in the range.
Positive factors
- strong recovery
Evidence · text
“Antimony extraction across the tested samples ranged from 54% to 92%”
Fact 10goldView all detailsHide details
Identity
- Commodity
- gold
- Ticker
- NAU
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-05-25T00:00:00.000Z
Reasoning: Residual gold recoveries averaged above 93%.
Positive factors
- strong recovery
Evidence · text
“residual gold recoveries after antimony leaching averaged above 93%”
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.