09:11 AM EDT, 04/10/2025 (MT Newswires) -- NevGold ( NAUFF ) said Thursday it discovered further significant oxide gold-antimony drill results at the Cadillac Valley target area within its Limousine Butte project in Nevada.

Highlights include 1.70 grams per tonne (g/t) gold equivalent over 169.2 meters, or 0.89 g/t gold and 0.18% antimony, including 2.85 g/t gold equivalent over 54.4 meters, or 2.26 g/t gold and 0.13% antimony.

"The discovery of more significant oxide gold-antimony drill results in drillholes at Cadillac Valley is a key development at our Limo Butte oxide gold-antimony project," CEO Brandon Bonifacio said.

"The oxide gold-antimony grades, near-surface mineralization, and hole thickness highlight the significant gold-antimony potential that we have at the project," Bonifacio said.

For 2025, NevGold ( NAUFF ) said it will continue to advance its exploration program including evaluation of the historical geological database, re-analysis of historical drilling, drill testing of gold-antimony targets, and commencement of preliminary metallurgical studies.

NevGold's ( NAUFF ) share price fell 3.3% on Wednesday to $0.29 on the TSXV.