Bullboard - Stock Discussion Forum NevGold Corp V.NAU

Alternate Symbol(s): NAUFF

Metals & Mining Industrial Metals & Minerals

NevGold Corp. is a Canada-based exploration and development company targeting large-scale mineral systems in the districts of Nevada and Idaho. The Company owns a 100% interest in the Limousine Butte and Cedar Wash gold projects in Nevada, and the Nutmeg Mountain gold project and Zeus copper project in Idaho. The Limousine Butte Project is located within the Basin and Range physiographic... see more

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NevGold Corp > NevGold Intercepts 0.80 g/t Au Over 51.5 Meters

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Post by Betteryear2 on Jun 22, 2023 2:53pm

NevGold Intercepts 0.80 g/t Au Over 51.5 Meters

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.

NevGold Intercepts 0.80 g/t Au Over 51.5 Meters From (globenewswire.com)

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