---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-022123"
form_type: "8-K"
ticker: "NGLD"
cik: "0001605481"
company_name: "Nevada Canyon Gold Corp."
filed_at: "2023-06-22T23:59:59+00:00"
generated_at: "2026-06-13T19:04:03.077279+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Nevada Canyon Gold's Canyon Carbon subsidiary starts second phase of carbon project development

## Summary
- Second phase includes grants research, biochar feasibility report, and IRS 45Q tax credit analysis.
- Company has already submitted one grant proposal to support rangeland soil carbon sequestration study.
- Potential development of an initial biochar facility in Idaho based on feasibility results.
- 45Q tax credit amendments allow up to $180/ton for direct air capture; seen as a game-changer for CCUS.
- Canyon Carbon aims to couple carbon credits with sage grouse ecosystem credits in arid mountain-west ecosystems.

## SEC filing metadata
- accession: 0001493152-23-022123
- form_type: 8-K
- ticker: NGLD
- cik: 0001605481
- company_name: Nevada Canyon Gold Corp.
- filed_at: 2023-06-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1605481/000149315223022123/0001493152-23-022123-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1605481/000149315223022123/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-022123
- JSON: https://secwatch.observer/filing/0001493152-23-022123.json
- Plain text: https://secwatch.observer/filing/0001493152-23-022123.txt

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