Articles from NevGold Corp.

Vancouver, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered further significant oxide gold-antimony (“Antimony”, “Sb”) drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific mining jurisdictions.

Vancouver, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered further significant oxide gold-antimony (“Antimony”, “Sb”) drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific mining jurisdictions.

Vancouver, British Columbia, May 13, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered further significant oxide gold-antimony (“Antimony”, “Sb”) drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific mining jurisdictions.

Vancouver, British Columbia, April 24, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered further significant oxide gold-antimony (“Antimony”, “Sb”) drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific mining jurisdictions.

Vancouver, British Columbia, April 10, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered further significant oxide gold-antimony (“Antimony”, “Sb”) drill results at the Cadillac Valley target area at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific mining jurisdictions.

Vancouver, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered further significant gold-antimony (“Antimony”, “Sb”) historical drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in Nevada, one of the world’s prolific mining jurisdictions.

Vancouver, British Columbia, March 20, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has staked an additional 147 claims, approximately 1,000 hectares or 10 square kilometers, with strong geological prospectivity at the Zeus Copper Project in the emerging Hercules Copper Trend of southwestern Idaho. As highlighted in NevGold’s previous News Releases from 2024 and 2025 to date (see NevGold News Releases), the Zeus Copper Project shares many geological similarities with Hercules Metals Corp.’s (“Hercules Metals”, TSXV:BIG) copper porphyry discovery at the Hercules Project (see Hercules Metals News Releases), including comparable soil survey geochemical results (see Figure 1, Figure 4).

Vancouver, British Columbia, March 12, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce results from its recent geochemical soil sampling program at the Zeus Copper Project in southwestern Idaho’s emerging Hercules Copper District. A total of 628 soil samples were collected and the Company has 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 (See Figure 1). NevGold continues to confirm the project’s significant copper-gold-molybdenum porphyry potential, and the Company will continue its active exploration program in 2025 due to the positive results.

Vancouver, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered significant gold-antimony (“Antimony”, “Sb”) historical drill results at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. Leveraging a robust historical geological database, the Company continues to unlock the substantial gold-antimony potential of the Project, highlighting its promising prospects for further exploration and development in one of the world’s prolific mining jurisdictions.

Vancouver, British Columbia, Feb. 20, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has discovered significant antimony (“Antimony”, “Sb”) potential at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. Limousine Butte has a robust historical geological database with surface and drilling geochemical results, and many areas at the Project have high-grade oxide gold and antimony potential. The Company remains focused on unlocking value from its portfolio, and the addition of antimony to gold at Limousine Butte creates a significant opportunity at the Project.

Vancouver, British Columbia, Jan. 30, 2025 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has identified additional high-grade copper, gold, and silver mineralization at surface at the Zeus Copper Project in the emerging Hercules Copper District of southwestern Idaho. The additional positive sampling results highlight the significant copper porphyry potential at the Zeus Copper Project. As detailed in NevGold’s News Releases dated April 18, 2024 and June 20, 2024 (see NevGold News Releases), there are many similar geological characteristics between Hercules Metals Corp.’s (“Hercules Metals”, TSXV:BIG) copper porphyry discovery at the Hercules Project (see Hercules Metals News Release dated October 10, 2023), and the Zeus Copper Project, and both projects show similar surface sample results.

Vancouver, British Columbia, Nov. 27, 2024 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has received approval of the Limousine Butte Exploration Plan of Operations Permit (“PoO”) from the Bureau of Land Management (“BLM”). This is a significant permitting milestone for the Limousine Butte Project (“Limo Butte”) and expands the amount of disturbance allowed for exploration drilling and other activities to 200 acres, from the current 15 acres allowed under three Exploration Notices at the Project. The BLM announced their decision by posting a positive Record of Decision (ROD) and Finding of No Significant Impact (FONSI) regarding the Exploration Plan of Operations permit.

Vancouver, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has identified significant copper porphyry potential after completing a geological review and 3-D model of the newly staked Zeus Copper Project in the emerging Hercules Copper Trend in southwestern Idaho. The Company’s geological review included detailed assessments of historical records, compilations and reinterpretation of numerous published geological maps, creation of a 3-D geological model, and analysis of rock chip samples collected by the NevGold Team while staking the mineral claims over the past 6 months.

Vancouver, British Columbia, Nov. 30, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further oxide, gold drill results for drillhole NMD0004 which intercepted mineralization from surface at the Nutmeg Mountain project (the “Project”, “Nutmeg Mountain”) in Washington County, Idaho. The Project has a 2023 Mineral Resource Estimate (“MRE”) of 1,007,000 Indicated ounces of gold (51.7 Mt @ 0.61 g/t Au), and 275,000 Inferred ounces of gold (17.9 Mt @ 0.48 g/t Au) (see Note 1).

Vancouver, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has identified high-grade copper, gold, and silver mineralization at surface at the newly staked Zeus Copper Project (“Zeus”, “Zeus Project”) in the emerging Hercules Copper District of southwestern Idaho. The positive sampling results highlight the significant copper porphyry potential at Zeus. As detailed in NevGold’s News Release dated April 18, 2024 (see NevGold News Release dated April 18, 2024), there are many similar geological characteristics between Hercules Silver Corp.’s (“Hercules Silver”, TSXV:BIG) copper porphyry discovery at the Hercules Project (see Hercules Silver News Release dated October 10, 2023), and the Zeus Copper Project. NevGold will continue its active field program at Zeus throughout the summer.

Vancouver, British Columbia, Oct. 16, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce the closing of a previously-announced shares for debt transaction, as described in the press release of the Company dated September 21, 2023 (the “Shares-for-Debt Transaction”). NevGold has settled debt in the amount of C$169,580 (the “Debt”) previously owed to two arm’s-length creditors by issuing an aggregate of 403,761 common shares in the capital of the Company (the “Common Shares”) at a price of $0.42 per Common Share, reflecting a plus 40% premium to NevGold closing share price on October 13, 2023, to the creditors. The NevGold Board of Directors determined that it was in the best interests of the Company to settle the outstanding Debt by the issuance of Common Shares at a significant premium to market in order to preserve the Company’s cash for ongoing operations.

Vancouver, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is very pleased to announce that it was a first mover staking approximately 20 square kilometers (approximately 2,000 hectares, or 4,900 acres) contiguous tomineral claims held by Hercules Silver Corp. (“Hercules”, TSXV:BIG) within the emerging Hercules Copper Trend of southwestern Idaho. The Zeus Copper Project (“Zeus” or the “Project”) is located approximately 20 kilometres (Figure 1) southwest of the copper porphyry discovery made by Hercules (see Hercules Silver News Release dated October 10, 2023). Subsequent to the Hercules copper porphyry discovery, Barrick Gold Corp. (“Barrick", TSX:ABX, NYSE:GOLD) invested approximately $30 million for an approximate 15% equity stake in Hercules (Hercules Silver News Release dated November 6, 2023; and Barrick Gold News Release dated November 13, 2023).

Vancouver, British Columbia, Sept. 21, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has entered into two debt settlement agreements dated September 21, 2023 to settle outstanding debt in the amount of C$169,580 (the “Debt”) owing to two arm’s-length creditors, by issuing an aggregate of 403,761 common shares in the capital of the Company (the “Common Shares”) at a price of $0.42 per Common Share (the “Shares-for-Debt Transaction”), reflecting a plus 50% premium to the current NevGold share price, to the creditors. The NevGold Board of Directors has determined that it is in the best interests of the Company to settle the outstanding Debt by the issuance of Common Shares at a significant premium to market in order to preserve the Company’s cash for ongoing operations.

Vancouver, British Columbia, Aug. 17, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce the Company’s initial Mineral Resource Estimate (“MRE”) for the Nutmeg Mountain gold project (the “Project”, “Nutmeg Mountain”) in southwest Idaho. The Company completed a short video to explain the MRE results which can be seen here.

Vancouver, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has closed an Option Agreement (the “Option Agreement”) that was previously announced on May 31, 2023. This Option Agreement is part of a larger transaction that contemplated, firstly, the establishment of a new British Columbia subsidiary, 1416753 B.C. Ltd. (“SubCo”) to focus on its high-grade Ptarmigan silver-copper-lead-zinc project in southeastern BC and, secondly, enter into the Option Agreement.

Vancouver, British Columbia, July 06, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce the completion of an updated geological model and 2023 drill targeting at its Limousine Butte Project, Nevada (the “Project”) located on the southern part of the Carlin Trend. The Company is also well-advanced in completing an updated NI 43-101 Technical Report for the Project, with targeted completion in July.

Vancouver, British Columbia, June 22, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further oxide, gold results intercepted from surface at the Nutmeg Mountain gold project (the “Project”, “Nutmeg Mountain”) in Idaho. The Project hosts a 2020 historical mineral resource estimate of 910,000 Indicated ounces of gold (43.5 Mt @ 0.65 g/t Au), and 160,000 Inferred ounces of gold (9.1 Mt @ 0.56 g/t Au) (see Note 1). A Nevgold Qualified Person has not done sufficient work to classify this historical resource estimate as current mineral resources, and NevGold is not treating the estimate as current mineral resources or mineral reserves. The Company also announces that it is well-advanced on completing a current Mineral Resource Estimate (“MRE”) at Nutmeg Mountain with targeted completion in early July.

Vancouver, British Columbia, May 31, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that it has established a new British Columbia subsidiary, 1416753 B.C. Ltd. (“SubCo”) to focus on its high-grade Ptarmigan silver-copper-lead-zinc project in southeastern BC. SubCo has also entered into an option agreement dated May 26, 2023 (the “Option Agreement”) to acquire a portfolio of advanced exploration assets including two copper-gold-silver projects and three lithium projects in British Columbia (collectively, the “Option Projects”) from Eagle Plains Resources Ltd. (“EPL” or the “Optionor”, TSXV:EPL). The Option Agreement and Option Projects are described in more detail below.

Vancouver, British Columbia, May 04, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further drilling has intercepted strongly oxidized, silicified sandstone with quartz veining from surface at the Nutmeg Mountain gold project (the “Project”, “Nutmeg Mountain”) in Idaho. The Project hosts a 2020 historic Mineral Resource Estimate of 910,000 Indicated ounces of gold (43.5 Mt @ 0.65 g/t Au), and 160,000 Inferred ounces of gold (9.1 Mt @ 0.56 g/t Au) (see Note 1). The Company is awaiting assay results from the further drilling completed at the Project.

News Release Video: NevGold completed a short video to explain the drill results which can be seen here.

Vancouver, British Columbia, March 28, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce results from the Company’s 2022 surface exploration program at its district scale 93 km2 Ptarmigan project located in southeast British Columbia (the “Project”). The 2022 work program was focused on advancing the Project to the “drill ready” stage.

Vancouver, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- Dear Shareholders, it has been a fast paced start to 2023 for NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50), with a lot of positive operational progress since closing our oversubscribed +C$4.1M financing on December 5, 2022. I write this update to shareholders very excited about what the future has in store as we drill our first holes at Nutmeg Mountain in Idaho, and continue our resource development and exploration at Limousine Butte in Nevada. The NevGold story has significantly advanced and evolved since our first day of public trading on June 29, 2021 and we are dedicated to becoming one of the “go-to” oxide, heap-leach gold resource development and exploration companies in the Western USA.

Vancouver, British Columbia, Feb. 14, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce that on February 8, 2023, the Company submitted an Exploration Plan of Operations (“EPO”) to the Bureau of Land Management (the “BLM”) for its Limousine Butte Project in Nevada (the “Project"). The submission of the EPO is an important milestone for the Project as the process included many key de-risking activities critical to project development. Once approved the permit will allow for significant expansion of drilling around mineralization and into untested areas.

Vancouver, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce the approval of the Exploration Notice (the “Notice”) permit by the Bureau of Land Management (the “BLM”) at the Nutmeg Mountain gold project (the “Project”, “Nutmeg Mountain”) in Idaho, which hosts a 2020 mineral resource estimate of 910,000 Indicated ounces of gold (43.5 Mt @ 0.65 g/t Au), and 160,000 Inferred ounces of gold (9.1 Mt @ 0.56 g/t Au) (see Note 1). The approval of the Notice will enable disturbance on the federal unpatented mining claims at the Project, which historically only saw limited drilling, as approximately 85% of the 2020 resource estimate is situated on the patented mining claims and other private land (see Figure 1). There are a number of identified high-quality resource expansion and exploration targets on the unpatented mining claims creating significant opportunity for growth.

Vancouver, British Columbia, Jan. 23, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to provide an update on the positive progress made on the Company’s inaugural drill program at Nutmeg Mountain, Idaho (the “Project”) which hosts a 2020 mineral resource estimate of 910,000 Indicated ounces of gold (43.5 Mt @ 0.65 g/t Au), and 160,000 Inferred ounces of gold (9.1 Mt @ 0.56 g/t Au) with significant resource expansion and exploration upside (see Note 1). The Company has organized all key areas for the program, and drilling has started.

Vancouver, British Columbia , Jan. 03, 2023 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) announces the issuance (the “Share Issuance Payment”) of 3,658,536 NevGold common shares to GoldMining Inc. (TSX:GOLD, NYSE:GLDG) (“GoldMining”) pursuant to the Nutmeg Mountain Option Agreement dated June 14, 2022 (see June 14, 2022 News Release). NevGold has the right to acquire 100% of the advanced stage Nutmeg Mountain Gold Project in Idaho (“Nutmeg Mountain”) which hosts a 2020 mineral resource estimate of 910,000 Indicated ounces of gold (43.5 Mt @ 0.65 g/t Au), and 160,000 Inferred ounces of gold (9.1 Mt @ 0.56 g/t Au) with significant resource expansion and exploration upside (see Note 1). The total Share Issuance Payment of 3,658,536 shares equates to $1.5 million issued at $0.41 per share representing the 30-day VWAP share price as of market close on December 19, 2022.

Vancouver, British Columbia, Nov. 11, 2022 (GLOBE NEWSWIRE) --

Vancouver, British Columbia , Nov. 10, 2022 (GLOBE NEWSWIRE) --

Vancouver, British Columbia, Oct. 06, 2022 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further assays from the Company’s drill program at the Cadillac Valley target area at its Limousine Butte Project, Nevada (the “Project”) located on the southern part of the Carlin Trend. The Company has intercepted more oxide gold at the newly discovered Cadillac Valley South area expanding the mineralized footprint by over 100 meters to the northwest. Further assays from the Company’s inaugural 10,000 meter drill program at the Project are expected to be released over the coming weeks.

Vancouver, British Columbia, July 26, 2022 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce a non-brokered private placement financing of flow-through units (the “FT Units”) at a price of C$0.65 to raise proceeds of approximately C$1M.