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NevGold upsizes financing to C$42M, advancing US antimony-gold project with near-term production plans.

Market News
13 May 2026
Usa News Group
View Source
Bullish
pluang ai news

NevGold Corp. has increased its brokered private placement financing from C$25 million to over C$42 million due to strong institutional demand. The Vancouver-based junior miner is developing the Limousine Butte gold-antimony project in Nevada, targeting a maiden antimony-gold Mineral Resource Estimate in Q2 2026 and aiming for near-term antimony production by 2027. The project benefits from sequential recovery of antimony and gold with high gold recovery rates, positioning NevGold uniquely in the US critical minerals market amid supply chain disruptions from China. This funding boost supports advancing exploration and development, highlighting NevGold's potential as a domestic supplier of critical minerals.

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