other material
confidence high
sentiment positive
materiality 0.75
Nevada Canyon reports significant gold intercepts; 21.8 g/t Au over 4.6m at Lapon Canyon
Nevada Canyon Gold Corp.
- Hole LC-25-156 returned 2.17 g/t Au over 86.9m including 21.8 g/t Au over 4.6m.
- Hole LC-25-150: 3.35 g/t Au over 64m, including 8.01 g/t Au over 19.9m; mineralization continues at hole bottom.
- Gold mineralization extended to the south and east of the Hotspot zone, hosted in multiple bedrock units.
- Nevada Canyon has a $5M exploration earn-in for 50% of Lapon Canyon and holds a 3% NSR royalty.