11:05 AM EDT, 05/13/2025 (MT Newswires) -- NevGold ( NAUFF ) on Tuesday said it discovered further significant oxide gold-antimony drill results at its Limousine Butte Project in Nevada.

Highlights include 2.19 grams per tonne (g/t) gold equivalent over 64 meters (0.72 g/t gold AND 0.33% antimony), including 4.17 g/t gold equivalent over 24.1 meters (1.47 g/t gold and 0.60% antimony), and also including 10.86 g/t gold equivalent over 4.5 meters (1.43 g/t gold and 2.10% antimony).

The company said it will continue re-evaluating historical drilling from the Project, focusing on both oxide gold and antimony.

"We are pleased with the level of consistency in thickness and oxide gold-antimony grades that we are seeing in the historic data and the re-assay program. It is clear that we have two large mineralization footprints at Resurrection Ridge and Cadillac Valley with over 5 km of strike length defined between the target areas," said the VP of Exploration, Greg French.

NevGold ( NAUFF ) has also begun a metallurgical program which will help define the optimal flowsheet to recover both gold and antimony.

The company's shares were last seen up $0.02 to $0.34 on the Toronto Stock Exchange.

Price: 0.34, Change: +0.02, Percent Change: +6.25