# The Crushed Pile in Nevada: How a Forgotten 1989 Gold Heap Is Becoming One of America's Few Near-Term Antimony Solutions Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb Original source: https://money.tmx.com/en/quote/NAU/news/6000004761670719/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame Publisher: tmx Original announcement: 2026-05-25T16:10:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: consistent antimony and gold mineralization in all drillholes - Positive factor: material is already crushed and on surface \(low capex/permitting\) - Positive factor: strong metallurgical recoveries for both metals - Positive factor: recent successful C$42M capital raise Facts used in scoring: 10 ## 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 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) ### LBS26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-0) Limousine Butte · antimony #### 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 factor: consistent mineralization Evidence · text > Drillhole LBS26-014 returned 0.32% antimony and 0.39 grams per tonne gold over 14.9 meters. ### LBS26-014 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-1) Limousine Butte · gold #### 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. ### LBS26-019 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-2) Limousine Butte · antimony #### 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 factor: consistent mineralization Evidence · text > LBS26-019 returned 0.30% antimony and 0.37 grams per tonne gold over 16.5 meters. ### LBS26-019 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-3) Limousine Butte · gold #### 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. ### LBS26-016 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-4) Limousine Butte · antimony #### 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 factor: consistent mineralization Evidence · text > LBS26-016 came in at 0.27% antimony and 0.37 grams per tonne gold over 14.0 meters. ### LBS26-016 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-5) Limousine Butte · gold #### 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. ### LBS26-015 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-6) Limousine Butte · antimony #### 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 factor: consistent mineralization Evidence · text > LBS26-015 hit 0.27% antimony and 0.41 grams per tonne gold over 18.0 meters. ### LBS26-015 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-7) Limousine Butte · gold #### 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 9 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-8) antimony #### 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 factor: strong recovery Evidence · text > Antimony extraction across the tested samples ranged from 54% to 92% ### Fact 10 [Link to this fact](https://atlas-staging.minestarters.com/news/the-crushed-pile-in-nevada-how-a-forgotten-1989-gold-heap-is-becoming-one-of-ame--c229eed4-2525-4aa7-bfff-268241bba1eb#fact-drill-facts-9) gold #### 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 factor: 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.