---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-032186"
form_type: "8-K"
ticker: "NGLD"
cik: "0001605481"
company_name: "Nevada Canyon Gold Corp."
filed_at: "2021-12-21T23:59:59+00:00"
generated_at: "2026-06-27T23:20:18.650658+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nevada Canyon Gold signs option to acquire 1% royalty on Olinghouse Project for up to $2M

## Summary
- Initial $200,000 cash option payment made; $2M purchase price in cash or 2M shares based on VWAP above/below $1.25.
- Olinghouse Project has historic resource of 695,128 oz gold (0.0381 oz/ton) from 1997 Alta Gold feasibility study.
- Option term is 1 year, extendable; current owner Lake Mountain Mining LLC plans to review financing for restart.
- CEO Jeffrey Cocks says this royalty is a significant milestone for building Nevada Canyon's royalty inventory.

## SEC filing metadata
- accession: 0001493152-21-032186
- form_type: 8-K
- ticker: NGLD
- cik: 0001605481
- company_name: Nevada Canyon Gold Corp.
- filed_at: 2021-12-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605481/000149315221032186/0001493152-21-032186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605481/000149315221032186/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-032186
- JSON: https://secwatch.observer/filing/0001493152-21-032186.json
- Plain text: https://secwatch.observer/filing/0001493152-21-032186.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.