NevGold Corp.
NevGold Corp. is a gold explorer/developer with a multi-project US/Canada portfolio. Its flagship, Nutmeg Mountain in Idaho, envisioned as an open-pit, oxide heap-leach operation, carries 1,186,000 oz of gold Indicated in an updated 2025 estimate, and company-wide Measured and Indicated resources, including the maiden July 2026 estimate at Limousine Butte, total 1,367,400 oz of gold; no PEA, NPV or IRR has been published yet. The Nevada portfolio adds Limousine Butte -- which also hosts the Bullet Zone antimony discovery, with intercepts up to 5.51% Sb over 4.6m -- and Cedar Wash, alongside Zeus in Idaho and the Ptarmigan project in British Columbia.
Notable vs. Peers
- Financials score of 9.1/10 is stronger than the peer average of 5.3/10.
- Trading within 7% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Combined view across 2 projects. Figures below are only combined where the underlying basis genuinely matches -- see the notes under each.
Jurisdiction (40%)9/10
Idaho: Fraser PPI 2025 is 77.16 of 100 (rank 27 of 68), which maps to 9 on this site's scale. Flagship Nutmeg Mountain resource is in Idaho; the broader portfolio (Limousine Butte, Cedar Wash in Nevada; Zeus in Idaho; Ptarmigan in BC, Canada) is entirely US/Canada -- Tier-1 mining jurisdictions throughout.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Nutmeg Mountain Gold Project, Idaho, USA (checked Sep 30, 2026; recheck due Mar 29, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer stake on file; largest strategic holder is GoldMining Inc. (11.17%) See holders
Not an operating producer, so it isn't the toehold-then-takeout pattern the research documents; a missing producer stake isn't held against a company.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:3.5/10
Stage: Resource Definition
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
United States: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
Founder, President, Chief Executive Officer and Director of NevGold Corp. Mining executive with over 10 years of experience in project development, M&A, and project evaluations. Previously finance director for the Norte Abierto Joint Venture (Cerro Casale/Caspiche) in Chile and part of the corporate development team at Goldcorp Inc. (now Newmont Corporation). Holds a MASc in Mining Engineering and an MBA from the University of Nevada, Reno, and a Bachelor of Commerce in Finance from the University of British Columbia.
Executive Vice President, Chief Financial Officer and Corporate Development of NevGold Corp. Mining executive with over 40 years of industry experience, directly involved in over $1.5 billion in project debt, equity, stream and M&A transactions. Previously Executive VP and CFO of Nevada Copper Corp., arranging over $500 million in debt, equity and metal stream financings. Holds P.Eng., B.A.Sc. and MBA credentials.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
NevGold's largest outside shareholder, GoldMining Inc., holds just over 11% as a resource-focused holding company. Swiss fund manager Konwave AG holds a smaller stake, and director Timothy Dyhr bought shares on the open market in late July 2026.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
NevGold is a gold explorer with projects in Idaho, Nevada and British Columbia, led by the 100%-owned Nutmeg Mountain oxide heap-leach gold project in Idaho and Limousine Butte gold-antimony project in Nevada, along with Zeus in Idaho, Cedar Wash in Nevada and Ptarmigan in British Columbia. Company-wide measured and indicated resources contain 1,367,400 oz of gold (9,500 oz measured and 1,357,900 oz indicated), plus 1,751,500 oz inferred: Nutmeg Mountain's 1,186,000 oz indicated from an August 2025 update and Limousine Butte's 181,400 oz from a maiden estimate effective 15 July 2026, which also contains antimony. Metallurgical testing at Nutmeg Mountain returned 99% gold recovery; a preliminary economic assessment for Limousine Butte is advancing and one for Nutmeg Mountain is planned after further metallurgical work, so no study economics have been published yet. In May 2026 NevGold closed an upsized financing to advance both projects.