NevGold Intercepts 5.89% Antimony Over 3.0 Meters Within 2.67 g/t AuEq Over 53.3 Meters (0.59% Antimony And 0.36 g/t Au) At Bullet Zone, and Makes New Oxide Gold Discovery Over 150 Meters East Vancouver, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further positive oxide gold-antimony drill results and a new oxide-gold discovery at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company has been focused on expanding the mineralization potential with step-out drilling to advance the Project to an initial gold-antimony Mineral Resource Estimate (“MRE”). Aerial Drone Footage of 2025 Drilling & Bullet Zone Discovery (Click Here): Key Highlights High-grade oxide antimony intercepted with 5.89% Sb over 3.0 meters, collared from a newly constructed drill pad over 50 meters away from the Bullet Zone discovery hole: LB25-018 Upper Zone (from surface, step-out, expansion from new drill pad): 23.01 g/t AuEq* over 3.0 meters (5.89% Sb and 0.13 g/t Au), within 2.67 g/t AuEq* over 53.3 meters (0.59% Sb and 0.36 g/t Au)LB25-010 Upper Zone (expansion): 1.00% Sb over 4.5 meters, within 2.03 g/t AuEq* over 24.3 meters (0.50% Sb and 0.10 g/t Au), within 1.53 g/t AuEq* over 53.3 meters (0.35% Sb and 0.17 g/t Au)LB25-010 Lower Zone (expansion): 1.07 g/t AuEq* over 7.6 meters (0.71 g/t Au and 0.09% Sb) within 0.66 g/t AuEq* over 22.9 meters (0.45 g/t Au and 0.05% Sb); Hole LB25-010 terminated in 1.38 g/t Au; follow-up drilling in 2026 is planned to expand the zone at depth*Gold equivalents (“AuEq”) are based on assumed metals prices of US$3,000/oz of gold and US$40,000 per tonne of antimony, and assumed metals recoveries of 80% for gold and 75% for antimony. Significant new oxide gold discovery with step-out drilling over 150 meters to the east of all previous drilling at Resurrection Ridge (see Figure 1, 2, 3) testing new NevGold geological model: LB25-012 (step-out over 150 meters east): 1.03 g/t AuEq* over 21.3 meters (0.71 g/t Au and 0.08% Sb) within 0.80 g/t AuEq* over 39.6 meters (0.46 g/t Au and 0.09% Sb), and also 0.80 g/t AuEq* over 10.6 meters (0.22 g/t Au and 0.15% Sb)LB25-011 (step-out over 150 meters east): 0.87 g/t AuEq* over 7.6 meters (0.73 g/t Au and 0.04% Sb) within 0.34 g/t AuEq* over 54.8 meters (0.20 g/t Au and 0.04% Sb)New NevGold geological model is confirmed with 2025 drill program, and all holes with assays have intercepted significant gold-antimony mineralization below the older thrusted upper dolomite unit; with these positive results, follow-up drilling is planned in this area in 2026 30 holes completed in the current 2025-2026 drill program Antimony is one of the highest priority Critical Minerals due to its strategic importance and military applications; Limo Butte is a brownfield mine site located in the State of Nevada with near-surface, high-grade antimony mineralization Limo Butte Planned 2025-2026 Activities / Status UpdateNevGold will continue its active exploration program at Limo Butte including: Evaluating the historical geological database with focus on gold and antimony (completed); Advancing metallurgical testwork (Phase II completed); Continuing to drill test gold-antimony targets (ongoing, 30 drillholes completed to date); Advancing the Crushed and Run of Mine (“ROM”) leach pads toward near-term antimony production (Phase I sampling completed, Company has engaged sonic drill contractor to drill leach pads, metallurgical testwork is continuing); Completing initial gold-antimony Mineral Resource Estimate (MRE) (in progress). NevGold CEO, Brandon Bonifacio, comments: “The discovery of additional high-grade antimony-gold mineralization with step-out drilling is a major positive development that significantly expands the mineralization footprint at Resurrection Ridge including the recent high-grade antimony Bullet Zone discovery. The positive drill results continue to validate the new NevGold geological model at the Project with our first program testing the “under the upper dolomite” target concept. We have also added a large area of mineralization potential over 150 meters to the east of previous drilling at Resurrection Ridge with a new oxide gold discovery. We believe there is further extension potential utilizing the “under the upper dolomite” target model, as this target extends a further 1 kilometer from existing drilling. Every hole that we have drilled to date in the Bullet Zone area with assays has intercepted significant gold-antimony mineralization, and with further assays pending, this is becoming an important gold-antimony discovery in the State of Nevada and United States.” Bonifacio continues: “After our recently released results from the historical gold leach pads and the current drill program, we are in an advantageous position as we have project development optionality as we look to advance Limo Butte towards a production and cash-flo