other material
confidence high
sentiment positive
materiality 0.65
Nevada Canyon announces high-grade drill results from Lapon Canyon and Pikes Peak
Nevada Canyon Gold Corp.
- LC-24-102 intersected 3.4 g/t Au over 56.4 m, including 6.1 g/t over 27.4 m and 12.4 g/t over 6.1 m.
- Hotspot zone extended ~125 m east and >100 m deep; mineralized area now ~0.27 sq km.
- Pikes Peak adit channel samples returned 36.4 g/t Au, 19.8 g/t Au, and 10.7 g/t Au.
- LC-24-104 was lost due to technical issues; will be redrilled. Drilling continues.
- Nevada Canyon owns a 3% NSR on Lapon Canyon and a royalty on Pikes Peak.