M&A
confidence high
sentiment positive
materiality 0.55
Nevada Canyon Gold signs earn-in agreement to acquire up to 50% of Lapon Canyon Project
Nevada Canyon Gold Corp.
- Total exploration commitment of US$5M over three years to earn up to a 50% interest.
- Minimum US$1M in first year; US$2M in each of second and third Annual Periods.
- US$200k promissory note credited toward first-year exploration expenses.
- Nevada Canyon will act as operator; project located in Walker Lane gold trend, 40 miles SE of Yerington, NV.
- Nevada Canyon already holds a 3% NSR royalty on the Lapon Canyon Project.