NAU:TSX.V; NAUFF:OTC; 5E50:FSE

NevGold Corp.

NevGold is an advanced stage gold exploration and development company with projects in Nevada (Limousine Butte and Cedar Wash) and British Columbia (Ptarmigan). The company is well funded with ~C$4M in cash as of 12/31/2021, and focused on building a multi-million ounce resource base at its 3 district scale projects.

Currently, the company is focused on the 10,000 meter drilling program at its Limousine Butte Project in Nevada, and advancing the project to a near-term, high-grade oxide, multi-million ounce gold resource. The Cedar Wash and Ptarmigan projects are being systematically advanced in parallel and will also be drilled in 2022.
NAU:TSX.V NAUFF:OTC 5E50:FSE

Expert Comments:

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

(6/22/22)
"NevGold Corp. appears to be serious about building a multimillion ounce gold exploration company as it recently entered into an agreement with GoldMining to acquire the Almaden property (which will now be renamed Nutmeg Mountain). . .this project already contains a NI 43-101 compliant resource estimate with 910 Koz of gold in the Indicated resource category and an additional 160 Koz in the Inferred resource category (based on in excess of 900 holes drilled). The average grade is, respectively, 0.65 g/t and 0.56 g/t."

One junior explorer just added a project in Idaho to a healthy stable of assets. Management believes the deal creates a lot of upside for shareholders, as the focus now turns toward extracting that value.
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It's still in the early stages but one junior gold explorer in Nevada's Carlin Trend has outlined an oxide gold system that looks similar to others being mined nearby in America's most prolific gold-mining state.
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Clive Maund, CliveMaund.com

(5/27/22)
"NevGold Corp.'s stock has a candle forming on the former market, suggesting that we may see a minor reaction back again, but basically it is still in what is viewed as an intermediate basing pattern that should lead to renewed advance. The company continues to be a Buy in this area and especially on any dips back towards its lows of the past week or so."

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

(3/15/22)
"NevGold Corp. is now almost halfway through its maiden drill program on the Limousine Butte gold project. . .although it's still early days, the assay results from the first few holes exceeded our expectations, and the company is now well on its way to releasing a maiden resource including 1 Moz gold in oxide mineralization."

Thibaut Lepouttre, Caesars Report

(2/25/22)
"NevGold Corp.'s technical team has now completed a data compilation and interpretation program, and this resulted in identifying potential extensions to the known high-grade vein structures at Ptarmigan that were discovered by historical drill programs. . .the company thinks there's plenty of opportunity to expand the mineralized trend. . .NevGold plans to kick off an exploration program in Q2/22."

Clive Maund, CliveMaund.com

(2/21/22)
"After we bought Nevgold Corp. stock, it rallied further to hit resistance at the top of the triangle. . .the marked volume dieback on the reaction that followed is bullish and suggests renewed advance. . .it is a Buy again here. The recent strong volume is a sign that it is powering up to break out of the triangle soon."

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headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

(2/9/22)
"NevGold Corp. published the results from the first four holes of the 2021 drill program on the Resurrection Ridge area of the Limousine Butte project. . .all mineralized intervals exceed the cutoff grades typically used in Nevada. With thick layers of mineralization like 44m of 1.3 g/t or even 79m containing 0.65 g/t gold, the company kicks off the exploration season with a strong start as all four holes contain relatively thick intervals with good gold grades."

More Expert Comments

Experts Following This Company

headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
headshot of Ivan Lo
Ivan Lo The Equedia Weekly Letter
Clive Maund – CliveMaund.com

Company News 

6/14/2022 – NevGold Executes Option To Acquire The Nutmeg Mountain Gold Project And Announces Strategic Investment By GoldMining Inc.

6/2/2022 – NevGold Makes Cadillac Valley South Discovery With 650 Meter Step-Out And Intercepts More Oxide Gold

5/11/2022 – NevGold Begins Trading on The OTCQX Best Market

5/11/2022 – OTC Markets Group Welcomes NevGold Corp. to OTCQX

4/6/2022 – NevGold Intercepts 0.86 g/t Oxide Au Over 175.2 Meters And 0.83 g/t Oxide Au Over 126.2 Meters at Limousine Butte

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
 
Path to multi-million ounce oxide gold resource in Nevada
 
Significant value extraction to occur with news from current 10,000m drill program at Limo Butte
 
Experienced team with track record of mining project development success
catalyst Calendar
Q1
2022
Initial drill assay release – February 1 or 2
Q1
2022
Advancement of Cedar Wash and Ptarmigan – news releases will be put out in February/March on explora
Q2
2022
Further drill assays from 10,000m program at Limo Butte, Nevada – steady over February/March/April