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NevGold upsizes financing to C$42M, reports strong antimony-gold drill results, targets maiden resource estimate in Q2 2026.

Market News
06 May 2026
PRNewsWire
Bullish
pluang ai news

NevGold Corp. has raised C$42.2 million in a brokered private placement to advance its gold-antimony projects in Nevada and Idaho. The company reported promising drill results with up to 1.11% antimony and 1.93 g/t gold equivalent over 100.6 meters at Limousine Butte, alongside metallurgical tests showing up to 99% gold recovery. NevGold aims to release its first antimony-gold Mineral Resource Estimate in Q2 2026 and targets near-term antimony production by 2027 using existing leach pads. This positions NevGold well amid strong gold prices and U.S. federal support for critical minerals like antimony.

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