NevGold Corp. announced that it has identified significant copper porphyry potential after completing a geological review and 3-D model of the newly staked Zeus Copper Project in the emerging Hercules Copper Trend in southwestern Idaho. The Company's geological review included detailed assessments of historical records, compilations and reinterpretation of numerous published geological maps, creation of a 3-D geological model, and analysis of rock chip samples collected by the NevGold Team while staking the mineral claims over the past 6 months.

The Hercules Copper Trend is hosted in the Blue Mountain Province, a series of accreted terrains of Permian-Triassic intrusive rocks (plutons) and Triassic-Jurassic volcanic and sedimentary rocks. At the Hercules Project the existence of historically mined silver-base metal veins in the Jurassic volcanic rocks led Hercules to drill beneath the volcanic rocks into the underlying Triassic intrusive rocks where porphyry-style copper mineralization was discovered. The same geologic conditions identified at the Hercules Project exist at the Zeus Project, where historical production of silver-base metal veins in Jurassic-Triassic volcanic and sedimentary rocks on the western side of the district transitions to Triassic intrusive rocks with porphyry-style alteration and copper mineralization present at surface.

NevGold plans an active exploration program at Zeus in 2024. This program includes: Geological review and 3-D model creation (completed); Geological mapping (in process); Comprehensive surface geochemical sampling (in preparation); Geophysics such as magnetics, gravity, EM, CSAMT, or IP (in preparation); and, Drill testing copper targets identified by the above activities (subject to the above activities).