# America's Antimony Supply Chain Is Being Rebuilt From Scratch - And One Explorer in Nevada Just Pulled 99% Gold Recovery Off a Brownfield Pad *2026-04-23T09:00:00-04:00* America’s Antimony Supply Chain Is Being Rebuilt From Scratch — And One Explorer in Nevada Just Pulled 99% Gold Recovery Off a Brownfield Pad _Issued on behalf of NevGold Corp._ _NevGold Corp. (TSX-V: NAU | OTCQX: NAUFF | FRA: 5E50) has upsized its brokered private placement to C$42.2 million, reported drill intercepts up to 1.11% antimony over 6.1 meters at Limousine Butte, and confirmed phase II metallurgical gold recoveries as high as 99% — all inside a six-week window as Washington continues to rebuild a U.S. antimony supply chain that currently depends 100% on imports, following China’s December 2024 export ban on the United States and the licensing controls that remain in effect after its November 2025 suspension._ NEW YORK, April 23, 2026 (GLOBE NEWSWIRE) -- [World Street Intelligence](https://www.globenewswire.com/Tracker?data=4PHI-KWZCOb6m61WjFFtXmHMoM8Bt-jm0TWQP2TjWjghWEyfZ7fEf-UimfcXv-yDFQ-KBD1HkBok3P3tzZSyFzrZ6mzi9xI5GztspNl-UFSJwdoOakZTjP_CAAbuK51oSj-1Dpq5PAJALihcUzuBTg==)**- News Commentary — **The antimony market was a rounding error on the critical minerals ledger a few years ago. Today it is a full-blown national security file. In December 2024, China imposed antimony export restrictions specifically targeting the United States; those restrictions were suspended in November 2025 for a one-year pause running through November 27, 2026, but licensing controls and the ban on exports to U.S. military end-users remain in place. The U.S. Geological Survey designates antimony as a Critical Mineral, and domestic import reliance sits at 100%. Antimony is required for armor-piercing bullets, night-vision optics, infrared sensors, precision munitions, nuclear applications, flame retardants, and — increasingly — advanced batteries and semiconductors. [1] Against that backdrop, Washington has started writing checks. The U.S. Department of War (“DoW”) and the U.S. Export-Import Bank have both committed hundreds of millions of dollars — and, in one case, $2.7 billion — to a short list of publicly traded operators with domestic antimony assets. [2] [3] [4] The bottleneck is not capital. The bottleneck is advanced-stage, permitted, near-surface projects that can deliver oxide antimony ore into a U.S. smelter within the next 12 to 36 months. In that very specific window, one TSX-V-listed, U.S. project-focused junior has stacked three news releases in the last three weeks that deserve a closer look. [Review The Entire Report on NevGold Corp. Written by: By Robert Ross • Chief Editor of the Let's Analyze Newsletter by clicking here](https://www.globenewswire.com/Tracker?data=v7bUfj1kEfAvRroFyxQaTAy5YpWY0FVMMFWxHNXC5l7emdnNhFxDjwTu6vYr6Ib2hFCVOUPlEwmcMAUwBoES-4aiUsXWSIwZD0zSNVyA9yaaxUwgWfg_Xxz18kAJGdfOXTfJU9v2Uur8raRAPQC-42CGAQJUIioVTpPPjeaONG_aYXPyonwit5mfmgm2FI9JZR8K4BlajGPRBLFdIvLlc5ZVVu73cos8Hba4TpzNvvISSzEE7YGibUcMQh-41X82kjA9xky8Y235iGXzN2FKMFz4uBH9yaq5w_j1neflOus=)[ ](https://www.globenewswire.com/Tracker?data=buDoto3GNF-nZF_91QR_6aqwPCM37mTfzBifLEYFfMBj4V5SAbY-DnXBlOUb-13sqLbVMxh_R34-GrfsaH9ldSh2V2amKdal8xcPlF2S6q8=) **The NevGold Six-Week News Stack** On April 20, 2026, **NevGold Corp. (TSX-V: NAU) (OTCQX: NAUFF) (Frankfurt: 5E50)**announced the upsizing of its previously announced C$25 million brokered private placement to **C$42,225,497**(22,223,946 shares at C$1.90), with Clarus Securities Inc. as sole agent and bookrunner. [5] The financing is expected to close on or about May 12, 2026, and is earmarked for advancing Limousine Butte (gold-antimony, Nevada), Nutmeg Mountain (gold, Idaho), working capital, and general corporate purposes. [5] A previously announced C$25 million deal getting upsized by roughly 69% on strong demand is a signal, not a line item. That capital is landing at a moment where NevGold’s drill bit is returning numbers that have been difficult to ignore. On April 9, 2026, NevGold disclosed oxide antimony-gold intercepts at its Limousine Butte Project in Nevada, including **1.93 g/t gold equivalent over 100.6 meters from surface**(1.07 g/t Au + 0.22% Sb) at Resurrection Ridge, **incorporating 1.11% antimony over 6.1 meters**. [6] CEO **Brandon Bonifacio**described Limo Butte as “one of the highest grade antimony projects in North America that is near-surface and oxide.” [6] The third news release in the sequence is arguably the most economically meaningful. On April 2, 2026, NevGold disclosed phase II metallurgical testwork results on oxide antimony-gold material from the Limo Butte historical gold leach pads showing cyanide shake test average gold recoveries above 93%, **with individual samples reaching 99%**, on residual tailings after the antimony had already been leached out. Acid leach antimony extraction ranged from 54% to 92% across the tested samples, and the company identified additional antimony mineral