Welcome to our dedicated page for Nevada Canyon Go news (Ticker: NGLD), a resource for investors and traders seeking the latest updates and insights on Nevada Canyon Go stock.
Nevada Canyon Gold Corp. (OTCQX: NGLD) issues frequent updates on its Nevada-focused royalty, streaming and exploration portfolio, giving investors insight into drill results, property transactions and project milestones. Much of the company’s recent news centers on the Lapon Canyon Gold Project, where Nevada Canyon holds a 3% Net Smelter Royalty and an Exploration Stream Earn-in Agreement that can lead to a 50% interest in the project.
News releases summarize reverse circulation drill programs carried out by Walker River Resources Corp. at Lapon Canyon, including significant gold intercepts in the Central and Hotspot zones and extensions of mineralization to the south and east. These updates often describe the geometry of the gold system, the host rock units, and the use of multi-element geochemistry and geophysical surveys to refine future drill targets. Nevada Canyon also reports on data compilation and resource modelling work that is expected to support an initial NI 43-101 compliant mineral resource estimate for Lapon Canyon.
Beyond Lapon Canyon, NGLD news covers exploration on accelerator properties such as the Agai-Pah Property in Mineral County, Nevada, where initial prospect sampling has returned notable silver and associated metals from surface outcrops. The company also reports on corporate developments, including management changes and the sale of the Swales Property in Elko County to Metals One Nevada Inc., under which Nevada Canyon retained a 2% net smelter royalty on an expanded claim package.
Investors following the NGLD news page can review these project updates, technical highlights and corporate announcements in one place, using them to track how Nevada Canyon’s Nevada-based royalties, streams and accelerator projects are progressing over time.
Nevada Canyon Gold Corp. (OTCQX: NGLD) has responded to OTC Markets' inquiry regarding promotional activities of its common shares. The company addressed promotional newsletter emails distributed by Sideways Frequency (SFL) through its subsidiaries Trading Wire and Huge Alerts on January 17, 2025. These materials discussed the company, Nevada's mining industry, and the gold market.
The company confirmed that SFL is an arm's length third-party digital marketing firm they retained for corporate marketing and advertising services. While Nevada Canyon provided publicly available information and reviewed materials for accuracy, they maintained editorial control. The promotional activity coincided with increased trading activity starting January 10, 2025.
The company disclosed that no directors, officers, or control persons were involved in creating or distributing promotional materials, and none have traded company securities in the past 90 days. Nevada Canyon also listed its engagement with other marketing service providers: i2i Marketing Group, Sideways Frequency , and Gold Standard Media,
Nevada Canyon Gold Corp. (OTC: NGLD) announced additional drill results from the 2024 reverse circulation drill program at the Lapon Canyon Project, a royalty-owned project in Mineral County, Nevada. Nevada Canyon holds a 3% Net Smelter Royalty (NSR) on the project owned by Walker River Resources Corp. (TSX.V: WRR).
Key highlights include:
- Drill hole LC-24-117: 3.88 g/t Au over 77.72 meters, including 12.09 g/t Au over 16.77 meters.
- Drill hole LC-24-118: 1.96 g/t Au over 59.44 meters, including 8.17 g/t Au over 6.10 meters.
- Drill hole LC-24-110: 2.70 g/t Au over 33.53 meters, including 5.99 g/t Au over 12.19 meters.
- Drill hole LC-24-113: 2.58 g/t Au over 27.34 meters, including 4.13 g/t Au over 6.09 meters.
- Drill hole LC-24-114: 0.61 g/t Au over 155.45 meters.
These results highlight the robust nature and continuity of gold mineralization within the Hotspot Zone. Notably, LC-24-117 and LC-24-119 reached significant depths while remaining in mineralization, extending the Hotspot Zone.
The 2024 drill program aimed to define the extent and geometry of the mineralized system, with plans for ongoing data compilation, interpretation, and resource modeling. An initial NI 43-101 compliant mineral resource estimate is expected upon completion.
Nevada Canyon Gold Corp. (OTC: NGLD) announced initial drill results from the 2024 reverse circulation drill program at the Lapon Canyon Project in Mineral County, Nevada. The company owns a 3% Net Smelter Royalty on the project. Key highlights include:
- Drill hole LC-24-100 returned 4.5 g/t Au over 56.5 meters, including 20.3 g/t Au over 4.8 metres
- Drill hole LC-24-99 returned 1.17 g/t Au over 73.1 metres, including 6.9 g/t Au over 6.0 metres
- Results demonstrate continuity of the gold mineralized alteration zone at Hotspot
- Drilling is ongoing, with additional results expected from the Central and Hotspot Zones
The 2024 drill program aims to define the extent and geometry of the mineralized system and test for new zones. An initial NI 43-101 compliant mineral resource is planned based on the results.
Nevada Canyon Gold Corp. (OTC: NGLD) has exercised an amended Option to Purchase Agreement, acquiring a 1% production royalty on the Olinghouse Project in Nevada. The company paid $1.5 million in cash, including previous payments of $240,000, for a total consideration of $1.74 million. This acquisition strengthens Nevada Canyon's royalty portfolio at a lower cost basis than originally planned.
The Olinghouse Project, located 30 miles east of Reno, has a historical resource based on over 600 drill holes. The current owner, Lake Mountain Mining , is reviewing plans for additional exploration, permitting, and potential production restart. Nevada Canyon's CEO, Alan Day, stated that this acquisition offers excellent leverage to gold prices and continues their Nevada-based royalty acquisition strategy.
Nevada Canyon Gold Corp. (NGLD) announced a binding Purchase Agreement to acquire a 2% net smelter returns royalty (NSR) on the Pikes Peak Project in Mineral County, Nevada. The agreement, made through Nevada Canyon's subsidiary, involves acquiring the NSR from Walker River Resources, The Pikes Peak Project includes 36 unpatented lode mining claims and has significant historical mining activity. A regional sampling program returned values of 9 g/t Au and 2.2% Cu. Walker River's 2022 RC drill program made a gold mineralization discovery despite geological data. Ongoing efforts to rehabilitate underground workings will support future exploration. Nevada Canyon will pay $150,000 for the NSR. The acquisition enhances Nevada Canyon's royalty portfolio, adding leverage to both gold and copper prices.
Nevada Canyon Gold Corp. (OTC: NGLD) announces the commencement of drilling at the Lapon Canyon Project in Mineral County, Nevada. The project, owned by Walker River Resources Corp. (TSX.V: WRR), consists of 96 unpatented lode mining claims. Nevada Canyon holds a 3% Net Smelter Royalty (NSR) on the project. The 2024 drill program focuses on extending known gold-bearing zones and exploring new areas, particularly the Hot Spot Zone. The drilling will involve grid-style drilling and surficial mapping to collect structural data, managed by Serac Exploration. The results may lead to an NI 43-101 compliant mineral resource report.
Nevada Canyon Gold Corp. (NGLD) has signed a binding Purchase Agreement to acquire a 2% net smelter returns royalty (NSR) on the Lapon Canyon Project in Mineral County, Nevada. The Project, owned by Walker River Resources, , encompasses 96 unpatented lode mining claims in the Walker Lane gold trend. Nevada Canyon will pay USD $300,000 for the NSR. The Lapon Canyon site features historical high-grade gold mining with significant exploration work already completed, including numerous drill hole intercepts indicating gold mineralization. The acquisition is expected to enhance Nevada Canyon's royalty portfolio and provide leverage to gold prices.
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