NevGold (NAU.V) announced in December it has staked an additional 90 claims at the Limousine Butte gold-antimony project, adding about 1,500 acres (six square kilometers) to the existing land package.
Adding the additional claims was based on historical sampling results (some newer samples were completed by NevGold’s technical team), returning 1.23 g/t gold and 0.49% Antimony with other rock samples in the dolomite thrust returning up to 8.74 g/t gold and 0.67% antimony. That’s of course very encouraging, and it looks like the antimony focus has pushed Limousine Butte back to the top of the list of priorities for the company, as antimony is one of the highest priority critical minerals. The company has already completed almost three dozen drill holes in the 2025-2026 drill program and assays for those holes are pending.
The company also sampled the crushed and ROM leach pads from the past-producing Golden Butte pit to determine the antimony grades left, and we should see an update on that soon. All these elements should result in maiden gold-antimony resource estimate at Limousine Butte, and we hope to see the antimony angle adding value to the project.
Disclosure: The author has a long position in NevGold but recently sold some shares. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
