other material
confidence high
sentiment positive
materiality 0.60
Initial 2024 drill results at Lapon Canyon show high-grade gold; Nevada Canyon holds 3% NSR
Nevada Canyon Gold Corp.
- Drill hole LC-24-100 returned 4.5 g/t Au over 56.5 meters, including 20.3 g/t Au over 4.8 meters.
- Drill hole LC-24-99 returned 1.17 g/t Au over 73.1 meters, including 6.9 g/t Au over 6.0 meters.
- Results extend Hotspot Zone mineralization 125m laterally east and to 100m depth; drilling ongoing.
- Nevada Canyon owns a 3% NSR royalty on the Lapon Canyon Project, operated by Walker River Resources.
- Additional drill results expected from Central and Hotspot Zones; drill program continues through 2024.