NevGold Corp. said it released a maiden antimony-gold mineral resource estimate Monday after completing a year of drilling at its Nevada project [1], [2].
The discovery is significant because antimony is a critical component for defense ammunition. By developing a domestic source, the company aims to close the U.S. supply gap and reduce reliance on foreign imports [3], [4].
The resource was defined at the Limo Butte brownfield project, also referred to as Limousine Butte [2], [3]. The company said the find is a large-scale oxide antimony-gold resource [1], [2].
To reach this estimate, NevGold conducted a drill program totaling 20,000 meters [3]. This effort followed a year of active drilling to define the mineral boundaries [1].
While the company previously targeted the second quarter of 2026 for the release of the maiden resource [3], the updated announcement was issued on Aug. 10 [1]. The project is part of a broader push to secure critical minerals within U.S. borders to stabilize military and industrial supply chains [3], [4].
NevGold, which is listed on the TSXV as NAU, issued the announcement from its base in Vancouver, British Columbia [1], [3]. The company said it is positioning the Limo Butte site as one of the largest domestic resources of antimony in the U.S. [4].
“NevGold aims to close the U.S. antimony supply gap.”
The identification of a large-scale antimony resource in Nevada represents a strategic shift toward mineral independence for the U.S. defense sector. Because antimony is essential for hardening lead in ammunition and various high-tech applications, domestic production mitigates the geopolitical risk associated with relying on foreign adversaries for critical raw materials.
