NevGold intercepts 1.06 g/t Au over 42.7 m outside pit-shell at Limo Butte

Vancouver, British Columbia, Sept. 17, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“ NevGold ” or the “ Company ”) ( TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50 ) is pleased to announce additional oxide-gold assays from the 2026 drill program at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. These results have significantly expanded oxide gold mineralization both inside and outside of the 2026 Mineral Resource Estimate (“MRE”) pit-shell released on July 15, 2026 ( see News Release ). The focus of the 2026 20,000 meter drill program is resource expansion and conversion of the MRE.

NevGold CEO, Brandon Bonifacio, comments: “It is extremely encouraging to have thick intercepts of high-grade oxide gold grades over 1.00 g/t Au that have expanded mineralization inside and outside of the 2026 MRE pitshell . The initial 2026 drillholes at the Bullet Zone have delivered on expanding both oxide gold and antimony mineralization, and the grades intercepted have been higher than the average MRE grade profile . Our geological interpretation is that gold and antimony were deposited in the same general area during two separate mineralizing events, which explains why certain parts of the deposit are higher-grade oxide gold and others are higher-grade oxide antimony. This is important to highlight as it creates future operational and development flexibility as Limo is advanced. With two drill rigs and approximately 9,000 meters of drilling completed to date, and 33 drillholes with assays pending , our Technical Team continues to test the resource expansion potential with each drillhole. We are fully funded for the next 12-18 months with over $45 million in treasury , and our team is focused on delivering on one of the most important gol