Brandon BonifacioFounder & CEO

NevGold is an exploration and development company focused on projects in the Western United States. The company has exposure to both gold and antimony, a critical mineral that has become increasingly important due to supply shortages and national security concerns.

Antimony gained attention after China restricted exports to the United States in 2024. Since the U.S. previously relied heavily on imported antimony, the restrictions created supply concerns and increased the urgency to develop domestic sources.

The price of antimony increased dramatically, rising from approximately $10,000 per ton to around $60,000 per ton. This increase reflects growing demand and limited supply, especially in Western countries.

Antimony is primarily used in defense and military applications, including missiles, bullets, and night vision equipment. It is also used in fire-retardant materials, electronics, manufacturing, and data center infrastructure.

Limousine Butte is a historical gold mine where antimony was previously left behind. The project contains near-surface antimony resources that could potentially be processed more quickly and cost-effectively than many competing projects.

The company is preparing to release its first formal mineral resource estimate, which will quantify the amount of antimony and gold contained within the project. This is a significant step toward advancing development plans

It provides investors and stakeholders with a formal measurement of the project's resources and establishes the scale of the opportunity. It also serves as a foundation for future economic studies and development decisions.

Both companies are focused on antimony opportunities in the United States. NevGold believes its project offers advantages such as oxide mineralization, lower capital requirements, and a potentially faster path to production.

Oxide deposits are generally easier and less expensive to process than sulfide deposits. This can reduce development costs and simplify operations.

The company believes it could begin production within approximately 18 months, thanks to the project's existing infrastructure and near-surface antimony material.

According to Brandon Bonifacio, NevGold currently has sufficient capital to advance the project and is exploring strategic partnerships and potential government support rather than raising equity capital.

Since antimony is considered a critical mineral for national security, government programs and strategic funding initiatives may help support domestic production projects like NevGold.

The company aims to become one of the first significant domestic antimony producers in the United States while continuing to advance its gold assets and expand shareholder value.

The United States currently faces a shortage of domestic antimony production. By supplying this critical mineral, NevGold could contribute to defense supply chains and reduce dependence on foreign sources.

He believes NevGold has a unique opportunity to capitalize on rising demand for antimony while advancing a project that aligns with national security priorities and domestic resource development initiatives.