NevGold Corp NAUFF

Identifies Multiple Potential High-Grade Vein Structures

[Betteryear2]

VANCOUVER, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQB:NAUFF) (Frankfurt:5E50) is pleased to provide the following update on the 100%-owned Ptarmigan Project, British Columbia (the “Project”). After recent completion of the historical data compilation and interpretation, the Company has identified possible extensions spanning over 4 kilometers to the known high-grade parallel vein structures based on historical drilling, soil and rock chip sampling, and geophysics. Historical drilling intercepted grades up to 22,945 g/t Ag, 37 g/t Au, 8.24% Cu, and 3.70% Pb. The Project also has indications of Carbonate Replacement style mineralization (“CRD”) with elevated levels of silver, lead, and zinc seen in historical drilling, underground workings, and sampling. NevGold will advance the project to an active field program including drilling starting in Q2-2022.


NevGold Identifies Multiple Potential High-Grade Vein Structures Over 4 Km At Ptarmigan And Provides 2022 Exploration Plans

[Gold64K]

If you look at page 16 of the Corporate Presentation, which was just posted on Feb. 8th, they showed nothing being done at Ptarmigan until 2nd half of 2022. There's something there they really like.