secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nevada Canyon Gold Corp. (NGLD)
CIK:        0001605481
Form:       8-K
Filed at:   2023-06-22T23:59:59+00:00
Accession:  0001493152-23-022123
Event type: other_material
Sentiment:  positive
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1605481/000149315223022123/0001493152-23-022123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1605481/000149315223022123/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-022123

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer