10:24 AM EDT, 03/12/2025 (MT Newswires) -- NevGold ( NAUFF ) was edging up on Wednesday after the company defined a new 2.4 km copper-gold-molybdenum soil anomaly at the Poseidon Target, and a new 1.0 km copper-gold-molybdenum soil anomaly at the Thorn Springs Target from its geochemical soil sampling program at the Zeus Copper Project in southwestern Idaho's emerging Hercules Copper District.
NevGold ( NAUFF ) said it continues to confirm the project's "significant" copper-gold-molybdenum porphyry potential and will continue its active exploration program in 2025 due to the "positive" results. It has selected a geophysical contractor to complete surface programs.
"It is also encouraging to see the comparison in the footprint, grade, and geological signatures between the initial Zeus results and the early results from the Hercules Metals copper porphyry discovery," said NevGold ( NAUFF ) Chief Executive Brandon Bonifacio.
"Two of our strongest targets at Poseidon and Thorn Springs are on Bureau of Land Management (BLM) ground which simplifies and accelerates exploration and drill permitting. Our objective at Zeus is to have drill-targets defined and permitted by the 2025 summer field season."
NevGold ( NAUFF ) continues to plan a Notice of Intent to permit drill-ready targets on the BLM ground for a potential 2025 drill program.
Shares of the company were last seen up $0.010 at $0.25 on the TSX Venture Exchange.
Price: 0.25, Change: +0.01, Percent Change: +4.17