other material
confidence high
sentiment positive
materiality 0.60
Nevada Canyon Gold leases Swales Property in Carlin Trend for gold exploration
Nevada Canyon Gold Corp.
- Acquired 40 unpatented mining claims covering 800 acres in Elko County, Nevada, near major gold mines.
- Initial cash payment of $20,000 due within 90 days; annual payments of $20,000 thereafter.
- Exclusive option to purchase 100% of the property for $750,000, payable in cash and/or equity.
- Agreement term is 10 years, with two optional 10-year extensions.