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Overview of Nevgold Corp
Nevgold Corp (NAUFF) is a specialized mineral exploration and development company that focuses on unlocking significant resource potential across its key properties. Operating in robust and geopolitically stable regions, the company undertakes advanced mineral exploration and geological surveying with properties strategically located in Nevada and southeast British Columbia. These district-scale projects, including the expansive Limousine Butte and Cedar Wash properties in Nevada and the extensive Ptarmigan property in British Columbia, are developed with a focus on identifying and evaluating high-potential mineral resources.
Core Business Areas
The primary focus of Nevgold Corp is on the exploration and early-stage development of mineral resources. The company applies advanced sampling techniques, field studies, and detailed geochemical analysis—evidenced by copper analysis of surface samples—to delineate promising zones within its properties. With a rigorous and methodical approach, Nevgold seeks to generate a robust geological framework that informs its exploration strategy, ensuring that potential resource targets are identified with high accuracy.
Exploration & Resource Development
Nevgold Corp emphasizes comprehensive field studies combined with state-of-the-art analytical techniques to evaluate the mineral potential of each project. The Limousine Butte property, covering an extensive area, is subjected to thorough exploration processes aimed at uncovering diverse mineralization zones. Similarly, the Cedar Wash property benefits from systematic exploration due to its favorable geological settings. The Ptarmigan property in southeast British Columbia further diversifies the company’s portfolio, adding a unique geographic and geologic dimension to its operations.
Methodology and Advanced Techniques
The company incorporates industry-specific methodologies such as remote sensing, geophysical surveys, and detailed geochemical assays to better understand the subsurface conditions across its projects. An example of this is the use of copper analysis, which is pivotal in identifying viable mineral targets and informing subsequent, more detailed exploration activities. By leveraging such sophisticated techniques, Nevgold optimizes its exploration workflow and ensures that resource development initiatives are rooted in solid scientific data and proven methodologies.
Market Position and Competitive Landscape
Nevgold Corp finds itself in a competitive segment of the mining and exploration industry where technical expertise and robust geological data are paramount. Its focus on high-potential properties in stable jurisdictions distinguishes it from other companies in the sector. The clear delineation of exploration areas on a district scale provides investors and market analysts with an added layer of credibility. While the company operates in a sector characterized by inherent exploration risk, its strategic property locations and rigorous exploration methods underpin a resilient business model aimed at long-term resource identification and development.
Strategic Advantages
- Geopolitical Stability: Operating in regions with solid regulatory frameworks minimizes operational risks and enhances project viability.
- Advanced Exploration Techniques: Utilization of modern geochemical and geophysical exploration technologies ensures high-precision analysis of mineral deposits.
- District-Scale Projects: The expansive nature of its key properties offers a holistic view of potential resource distribution and long-term exploration opportunities.
Understanding the Value Proposition
By adopting a detailed, scientific approach to mineral exploration, Nevgold Corp establishes itself as a methodical and data-driven player in the resource sector. The company's integrated strategy of combining traditional field exploration with innovative analytical technologies underscores its commitment to identifying concealed resource potential. This measured and research-intensive approach not only enhances the credibility of its existing projects but also positions the company as a noteworthy contributor within the broader mining industry.
Conclusion
Nevgold Corp remains a quintessential example of a mining exploration entity that leverages comprehensive geological studies and robust analysis techniques to navigate the complexities of mineral resource development. Through its focused exploration efforts in Nevada and British Columbia, the company underscores its commitment to advancing exploration boundaries while operating within secure geopolitical landscapes. This leaves stakeholders with a clear understanding of how meticulous geological analysis can translate to uncovering hidden resource opportunities within expansive mineral properties.
NevGold Corp. (NAUFF) has discovered significant oxide gold-antimony drill results at the Cadillac Valley target area of its Limousine Butte Project in Nevada. Key findings include:
- LB22-007: 1.70 g/t AuEq over 169.2 meters (0.89 g/t Au and 0.18% Sb)
- LB22-006: 1.34 g/t AuEq over 124.7 meters (0.84 g/t Au and 0.11% Sb)
The Cadillac Valley oxide gold-antimony mineralization footprint spans over 1.5 km by 500 m and is over 2 km from Resurrection Ridge. The company plans to continue its exploration program including:
- Evaluating historical geological database
- Re-analyzing historical drilling
- Drill testing gold-antimony targets
- Initiating preliminary metallurgical studies
The project's timing aligns with the March 2025 US Executive Order to strengthen domestic mineral production, with antimony designated as a critical mineral for national security and technology applications.
NevGold Corp (OTCQX:NAUFF) has discovered significant gold-antimony results at its Limousine Butte Project in Nevada. Key drilling highlights include:
- LB-006: 2.46 g/t AuEq over 86.9 meters (1.11 g/t Au and 0.30% Sb)
- LB-001: 1.69 g/t AuEq over 63.9 meters (0.21 g/t Au and 0.33% Sb)
- LB-003: 3.69 g/t AuEq over 22.3 meters (2.26 g/t Au and 0.32% Sb)
- LB-004: 0.73 g/t AuEq over 110.40 meters (0.19 g/t Au and 0.12% Sb)
Historical geochemical sampling revealed numerous results exceeding 1% antimony, with some samples above 5% and one reaching 9.6% antimony. The project includes two past-producing antimony mines. The discovery is particularly significant as antimony is designated a critical mineral by the U.S., with current global supply dominated by China, Russia, and Tajikistan.
NevGold Corp. (NAUFF) has expanded its Zeus Copper Project in Idaho's Hercules Copper Trend by approximately 50%, adding 147 claims covering about 1,000 hectares. The project now encompasses 392 claims totaling 2,900 hectares of strategic ground.
The newly staked area contains two primary copper mineralization host rocks: the Lower Huntington Formation and Triassic age intrusive rocks, sharing geological similarities with Hercules Metals' copper porphyry discovery. The expansion is adjacent to Barrick Gold Corp.'s claim block in the region.
NevGold's 2025 exploration program includes:
- Completed geological database review and surface geochemical sampling
- Ongoing geological mapping
- Planned ground geophysical program
- Preparation of drill permit application
- Future drill testing of identified copper targets
NevGold Corp. (NAUFF) has announced significant findings from its geochemical soil sampling program at the Zeus Copper Project in Idaho's Hercules Copper District. The company has identified two major copper-gold-molybdenum soil anomalies: a 2.4 km trend at the Poseidon Target and a 1.0 km trend at the Thorn Springs Target, both located on Bureau of Land Management (BLM) ground.
At Poseidon, soil samples yielded up to 1,000 ppm copper, 183 ppb gold, and 23 ppm molybdenum. The Thorn Springs target showed values up to 720 ppm copper, 886 ppb gold, and 11.5 ppm molybdenum. The company has selected a geophysical contractor and plans to initiate drill-ready targets for a potential 2025 drill program.
The Zeus Project shows geological similarities to Hercules Metals' copper porphyry discovery, with comparable surface sample geochemical results. NevGold's 2025 activities will include ground geophysical programs, drill permit applications, and continued geological mapping.
NevGold Corp (OTCQX:NAUFF) has discovered significant historical gold-antimony drill results at its Limousine Butte Project in Nevada. Key findings include high-grade intersections from Newmont's historical drilling:
- LIM-40: 4.07 g/t AuEq over 54.9m (1.20 g/t Au and 0.64% Sb)
- LIM-45: 3.02 g/t AuEq over 36.6m (1.23 g/t Au and 0.40% Sb)
- LIM-48: 2.61 g/t AuEq over 61.0m (0.77 g/t Au and 0.41% Sb)
The project features historical small-scale antimony mining sites and demonstrates extensive gold-antimony mineralization across multiple zones. The project is fully permitted for drilling under the November 2024 Plan of Operations. Antimony, designated as a critical mineral by the US Department of Defense, currently has no domestic mining supply, with 90% of global production controlled by China, Russia, and Tajikistan.
NevGold Corp. (NAUFF) has discovered significant antimony potential at its Limousine Butte Project in Nevada, with historical surface rock samples containing up to 10% Antimony. The discovery area includes a large 3 km by 1 km geochemical anomaly at Resurrection Ridge. The project is fully permitted for drilling under the Plan of Operations approved in November 2024.
Key findings include multiple high-grade antimony samples ranging from 1.5% to 10% Sb, coinciding with priority gold targets. This creates a dual-commodity opportunity as antimony is classified as a 'Critical Mineral' in the United States, with approximately 90% of global supply currently controlled by China, Russia, and Tajikistan.
The company plans to re-evaluate historical drilling data focusing on both oxide gold and antimony potential, as most historical drilling was not analyzed for antimony. The 2025 activities include database evaluation, re-analysis of historical drilling, and potential drill testing of gold-antimony targets.
NevGold Corp. (NAUFF) has announced additional high-grade copper, gold, and silver mineralization at its Zeus Copper Project in Idaho. Key surface sampling results include 3.79% Cu, 0.412 g/t Au, 18.6 g/t Ag at ZRS-22 and 2.19% Cu, 0.393 g/t Au, 26.1 g/t Ag at ZNR-05.
The company has identified multiple target areas including Thorn Springs, Poseidon, Iron Mountain, Abundance, and Mortimer. The strongest copper targets, Thorn Springs and Poseidon, are located on BLM ground, which simplifies permitting for future drilling. NevGold has completed a soil sampling survey and plans to initiate geophysical programs in Q1-2025.
The company notes strong geological similarities between Zeus and the nearby Hercules Metals copper porphyry discovery, particularly in grade and mineralization footprint.
NevGold Corp (NAUFF) has received approval for its Limousine Butte Exploration Plan of Operations Permit from the Bureau of Land Management, expanding allowable disturbance area from 15 to 200 acres. This significant milestone enables increased exploration activities across the entire project area, targeting both gold and base metals. The project is strategically located near active exploration by Freeport-McMoran, South32, and Centerra Gold. The company also announced the appointment of Greg French as Vice-President Exploration, replacing Derick Unger. Additionally, NevGold granted 4,025,000 stock options to directors, officers, and consultants at $0.25 per share.
NevGold Corp. has announced high-grade copper, gold, and silver mineralization at the Zeus Copper Project in Idaho. Samples include ZRS-07 with 1.22% copper, 8.19 g/t gold, and 21.9 g/t silver. The results indicate significant copper porphyry potential, similar to Hercules Silver's discovery. NevGold plans further surface geochemical sampling and geophysical surveys to identify drill targets. Key areas like Thorn Springs, Mortimer, and Golden Goose have shown promising results, with Mortimer extending a 4-km mineralized trend. Modern exploration will continue to define the project's potential.
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