11:53 AM EDT, 06/12/2025 (MT Newswires) -- (Updates shares.)

NevGold ( NAUFF ) on Thursday reported additional oxide gold-antimony results that extended mineralization over 1.7 kilometers at the Cadillac Valley target within the Limousine Butte project in Nevada.

Results include 2.28 grams per tonne (g/t) gold equivalent over 30.5 meters or 1.29 g/t gold and 0.22% antimony, within 1.61 g/t gold equivalent over 61.0 meters or 1.08 g/t gold and 0.12% antimony.

"It is extremely encouraging to see the consistent hole thickness and oxide gold-antimony grades at both of our advanced target areas," chief executive Brandon Bonifacio said.

NevGold ( NAUFF ) said it is focused on advancing both the Resurrection Ridge and Cadillac Valley targets to the mineral resource estimate stage in 2025.

"We strongly believe we have one of the most advanced gold-antimony assets in the US, and we will continue to focus on unlocking the value at the project over 2025," Bonifacio said.

NevGold ( NAUFF ) shares were last seen up $0.01 to $0.34 on the TSX Venture Exchange.

Price: 0.34, Change: +0.01, Percent Change: +3.03