NevGold Discovers More Significant Oxide Gold-Antimony Results: 2.11 g/t AuEq Over 67.1 Meters (1.30 g/t Au And 0.18% Antimony), Including 4.29 g/t AuEq Over 30.5 Meters (2.79 g/t Au And 0.33% Antimony), and Also Including 7.12 g/t AuEq Over 16.8 Meters (5.05 g/t Au And 0.46% Antimony) at the Limousine Butte Project, Nevada

NevGold Corp. (“NevGold” or the “Firm”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is happy to announce that it has found additional important oxide gold-antimony (“Antimony”, “Sb”) drill outcomes at its Limousine Butte Venture (the “Venture”, “Limo Butte”) in Nevada. The Firm continues to unlock the substantial gold-antimony potential of the Venture, highlighting its promising prospects for additional exploration and improvement in Nevada, one of many world’s prolific mining jurisdictions.

Key Highlights

• Additional constructive, near-surface, oxide gold-antimony historic drillholes at Resurrection Ridge embrace:
  • LB023: 2.11 g/t AuEq* over 67.1 meters (1.30 g/t Au and 0.18% Sb), together with 4.29 g/t AuEq* over 30.5 meters (2.79 g/t Au and 0.33% Sb), and likewise together with 7.12 g/t AuEq* over 16.8 meters (5.05 g/t Au and 0.46% Sb)
  • LB029: 1.16 g/t AuEq* over 79.3 meters (0.53 g/t Au and 0.14% Sb), together with 1.86 g/t AuEq* over 18.3 meters (0.53 g/t Au and 0.14% Sb)
  • *Gold equivalents (“AuEq”) are based mostly on assumed metals costs of US$2,000/oz of gold and US$35,000 per tonne of antimony (~30% low cost to present spot costs), and assumed metals recoveries of 85% for gold and 70% for antimony.

• Drillholes at Resurrection Ridge are drilled with spacing exhibiting sturdy potential to advance the Venture to an preliminary gold-antimony Mineral Useful resource Estimate (“MRE”) (see Determine 1)

• Resurrection Ridge and Cadillac Valley oxide gold-antimony mineralization footprint demonstrates the numerous oxide gold-antimony potential throughout a massive, open mineralized footprint (Determine 1)

• Important antimony (Sb) upside: historic drilling had an higher detection restrict of 1% Sb however many drill intervals exceeded the restrict; these holes are at present being re-assayed at American Assay Lab in Reno, Nevada with out the 1% higher detection restrict

• NevGold will proceed re-evaluating historic drilling from the Venture, specializing in each oxide gold and antimony; massive parts of the present database have been not analyzed for antimony making a important, low-cost alternative to re-assay historic drilling

Limo Butte Deliberate 2025 Actions / Standing Replace
NevGold will proceed its energetic exploration program at Limo Butte together with:

• Consider the historic geological database with give attention to gold and antimony (in progress);

• Re-analyze historic drilling with give attention to gold and antimony (in progress);

• Drill check gold-antimony targets (topic to the outcomes of the analysis);

• Provoke preliminary metallurgical research (in preparation).

Determine 1 – Limousine Butte Gold-Antimony Venture with chosen gold-antimony drillhole outcomes.
To view image please click here

Determine 2 – Limousine Butte Gold-Antimony Venture cross-section with chosen gold-antimony drillhole outcomes. Skinny coloured discs present Antimony (Sb ppm) in drilling, and extensive coloured discs present Gold (Au ppm) in drilling.
To view image please click here

Determine 3 – Limousine Butte Gold-Antimony Venture with chosen gold-antimony drillhole outcomes.
To view image please click here

NevGold CEO, Brandon Bonifacio, feedback: “The invention of extra important oxide gold-antimony drill outcomes at Resurrection Ridge continues to be a key improvement at our rising Limo Butte oxide gold-antimony undertaking. Drillholes at Resurrection Ridge have been drilled with spacing exhibiting sturdy potential to advance the goal space to an preliminary Mineral Useful resource Estimate (“MRE”). We’ve got now outlined two massive mineralization footprints at each Resurrection Ridge and Cadillac Valley, and the oxide gold-antimony grades, near-surface mineralization, and gap thickness spotlight the numerous gold-antimony alternative on the Venture. As we now have said in earlier information releases, we proceed to investigate and re-assay holes from each Resurrection Ridge and Cadillac Valley and we nonetheless have a lot of holes to launch with mixed gold-antimony outcomes. Up to now, we now have launched a complete of 15 holes, and we may have frequent updates as we obtain additional assays from the lab. The timing and market situations proceed to enhance, and that is an optimum surroundings to advance the gold-antimony potential at Limo Butte as there’s a clear dedication from america to advance high-quality, home, mineral initiatives.”

Historic and Re-Assayed Drill Outcomes

*Downhole thickness reported; true width varies relying on drill gap dip and is roughly 70% to 90% of downhole thickness.
**The gold equivalents (“AuEq”) are based mostly on assumed metals costs of US$2,000/oz of gold and US$35,000 per tonne of antimony (~30% low cost to present spot costs), and assumed metals recoveries of 85% for gold and 70% for antimony.
***Chosen drillholes launched in earlier Information Releases on February 27, 2025, March 26, 2025, and April 10, 2025.
**** Historic drilling had an higher detection restrict of 1% Sb however many drill intervals exceeded the restrict.

Limo Butte Geology & Antimony Potential
A evaluate of historic geochemical and drilling knowledge on the Limousine Butte Venture has recognized a number of areas with sturdy gold-antimony potential. These zones correlate intently with outcrops of the Devonian Pilot Shale, the first host rock for Carlin-type gold mineralization within the space. Optimistic gold grade at Limousine Butte is often related to silicification and the formation of jasperoid breccias inside the Pilot Shale, an alteration function additionally noticed within the constructive antimony outcomes.

By the Venture knowledge evaluate, the Firm uncovered experiences detailing two small-scale historic mining operations on the Nevada Antimony Mine and Lage Antimony Prospect inside the Limo Butte Venture boundary. The Nevada Antimony Mine featured two prospect pits that extracted stibnite (components: Sb2S3) from a hydrothermal breccia. The Lage Antimony Prospect reported historic unverified sampling outcomes with as much as 14.46% Antimony with extra prospect pits extracting antimony.

Historic geochemical rock chip sampling inside the past-producing Golden Butte pit from a Brigham Younger College (“BYU”) Thesis research produced quite a few outcomes that exceeded 1% antimony in jasperoid breccias (see Determine 1). A number of outcomes have been larger then 5% antimony, together with a pattern of 9.6% antimony with seen stibnite and stibiconite. BYU Thesis Report

NevGold VP Exploration, Greg French, feedback: “The re-assay program continues to supply constructive gold-antimony outcomes. The gold-antimony mineralization within the northwest-southeast course at Resurrection Ridge extends roughly 500 meters (Determine 2) and stays open to the east. Earlier geological fashions have interpreted the dolomite cowl to be the bottom unit that’s beneath mineralization. Re-logging drill holes and the outcroppings to the east point out that the dolomite cowl is definitely a thrust plate over the host Pilot Shale unit, increasing the potential goal space. We’ve got at present outlined over 5 km of strike size between Resurrection Ridge and Cadillac Valley, and we’ll proceed to investigate the info from each of those goal areas to include ends in the planning for the following drill program and metallurgical check work.”

Determine 4 – Limousine Butte Venture with historic antimony in rock chips and soils. The entire strike size between Resurrection Ridge and Cadillac Valley is +5km. To view image please click here

US Govt Order – Introduced March 20, 2025
The Firm is happy to report the current, sweeping Executive Order to strengthen American mineral manufacturing and cut back U.S. reliance on international nations for its mineral provide. Antimony (Sb) has been recognized as an essential “Important Mineral” in america important for nationwide safety, clear power, and expertise purposes, but no domestically mined provide at present exists.

The Govt Order invokes the usage of the Protection Manufacturing Act as a part of a broad United States (“US”) Authorities effort to broaden home minerals manufacturing on nationwide safety grounds. Because it pertains to undertaking allowing, the Order states that it’ll “determine precedence initiatives that may be instantly authorized or for which allows may be instantly issued, and take all vital or acceptable actions…to expedite and situation the related permits or approvals.” Moreover, the Order contains provisions to speed up entry to non-public and public capital for home initiatives, together with the creation of a “devoted mineral and mineral manufacturing fund for home investments” beneath the Improvement Finance Company (“DFC”).

This decisive motion by the US Authorities highlights the pressing must broaden home minerals output to help provide chain safety in america. This essential Order will assist revitalize home mineral manufacturing by bettering the allowing course of and offering monetary help to qualifying home initiatives.

Significance of Antimony
Antimony is taken into account a “Important Mineral” by america based mostly on the U.S. Geological Survey’s 2022 checklist (U.S.G.S. (2022)). “Important Minerals” are metals and non-metals important to the economic system and nationwide safety. Antimony is utilized in all manners of army purposes, together with the manufacturing of armor piercing bullets, night time imaginative and prescient goggles, infrared sensors, precision optics, laser sighting, explosive formulations, hardened lead for bullets and shrapnel, ammunition primers, tracer ammunition, nuclear weapons and manufacturing, tritium manufacturing, flares, army clothes, and communication tools. Different makes use of embrace expertise (semi-conductors, circuit boards, electrical switches, fluorescent lighting, top quality clear glass and lithium-ion batteries) and clean-energy storage.

Globally, roughly 90% of the world’s present antimony provide is produced by China, Russia, and Tajikistan. Starting on September 15, 2024, China, which is liable for practically half of all international mined antimony output and dominates international refinement and processing, introduced that it’ll limit antimony exports. In December-2024, China explicitly restricted antimony exports to america citing its twin army and civilian makes use of, which additional exacerbated international provide chain issues. (Lv, A. and Munroe, T. (2024)) The U.S. Division of Protection (“DOD”) has designated antimony as a “Important Mineral” on account of its significance in nationwide safety, and governments are actually prioritizing home manufacturing to mitigate provide chain disruptions. Initiatives exploring antimony sources in North America play a key position in addressing these challenges.

Perpetua Sources Corp. (“Perpetua”, NASDAQ:PPTA, TSX:PPTA) has essentially the most superior home gold-antimony undertaking in america. Perpetua’s undertaking, referred to as Stibnite, is positioned in Idaho roughly 130 km northeast of NevGold’s Nutmeg Mountain and Zeus initiatives. Optimistic developments at Stibnite together with the technical improvement and allowing has led to US$75 million in Division of Protection (“DOD”) awards, and over $1.8 billion in indicative financing from the Export Import Financial institution of america (“US EXIM”) (see Perpetua Resources News Release from April 8, 2024) (Perpetua Sources. (2025))

Drillhole Orientation Particulars

Determine 4 – Limousine Butte Land Holdings and District Exploration Exercise To view image please click here

ON BEHALF OF THE BOARD
“Signed”

Brandon Bonifacio, President & CEO

For additional data, please contact Brandon Bonifacio at bbonifacio@nev-gold.com, name 604-337-4997, or go to our web site at www.nev-gold.com.

Historic Knowledge Validation
NevGold QA/QC protocols are adopted on the Venture and embrace insertion of duplicate, clean and normal samples in all drill holes. A 30g gold hearth assay and multi-elemental evaluation ICP-OES technique was accomplished by ISO 17025 licensed American Assay Labs, Reno.

The Firm’s Certified Particular person (“QP”), Greg French, Vice President, Exploration has accomplished a evaluate of the historic knowledge on this press launch. The historic knowledge assortment chain of custody procedures and analytical outcomes by earlier operators seem enough and have been accomplished to trade normal practices. For the Newmont and US Gold knowledge a 30g gold hearth assay and multi-elemental evaluation ICP-OES technique MS-41 was accomplished by ISO 17025 licensed ALS Chemex, Reno or Elko Nevada.

Geochemical ICP (5g) evaluation for the Wilson, Christianson and Tingey report was accomplished by Geochemical Companies Inc. and the XRF analyses (glass disk or pellets) by Brigham Younger College.

Technical data contained on this information launch has been reviewed and authorized by Greg French, CPG, the Firm’s Vice President, Exploration, who’s NevGold’s Certified Particular person beneath Nationwide Instrument 43-101 and liable for technical issues of this launch.

In regards to the Firm

NevGold is an exploration and improvement firm focusing on large-scale mineral methods within the confirmed districts of Nevada and Idaho. NevGold owns a 100% curiosity within the Limousine Butte and Cedar Wash gold initiatives in Nevada, and the Nutmeg Mountain gold undertaking and Zeus copper undertaking in Idaho.

Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.

Cautionary Notice Relating to Ahead Trying Statements

This information launch incorporates forward-looking statements which might be based mostly on the Firm’s present expectations and estimates. Ahead-looking statements are ceaselessly characterised by phrases reminiscent of “plan”, “anticipate”, “undertaking”, “intend”, “consider”, “anticipate”, “estimate”, “counsel”, “point out” and different comparable phrases or statements that sure occasions or situations “could” or “will” happen. Ahead-looking statements embrace, however usually are not restricted to, the proposed work applications at Limousine Butte, and the exploration potential at Limousine Butte. Such forward-looking statements contain recognized and unknown dangers, uncertainties and different elements that might trigger precise occasions or outcomes to vary materially from estimated or anticipated occasions or outcomes implied or expressed in such forward-looking statements. Such dangers embrace, however usually are not restricted to, basic financial, market and enterprise situations, and the flexibility to acquire all vital regulatory approvals. There may be some threat that the forward-looking statements won’t show to be correct, that the administration’s assumptions is probably not appropriate or that precise outcomes could differ materially from such forward-looking statements. Accordingly, readers mustn’t place undue reliance on the forward-looking statements. Any forward-looking assertion speaks solely as of the date on which it’s made and, besides as could also be required by relevant securities legal guidelines, the Firm disclaims any intent or obligation to replace any forward-looking assertion, whether or not because of new data, future occasions or outcomes or in any other case. Ahead-looking statements usually are not ensures of future efficiency and accordingly undue reliance shouldn’t be placed on such statements as a result of inherent uncertainty therein.

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