other material
confidence high
sentiment positive
materiality 0.55
Nevada Canyon completes airborne survey at Lapon Canyon; identifies deep alteration zone
Nevada Canyon Gold Corp.
- Survey of 496 line-km includes magnetic and radiometric data; 3D inversion model traces alteration to >900m depth.
- Geophysical anomalies correlate with 2025 drill results, suggesting larger hydrothermal system than previously known.
- 2026 drill program starts in early June; first NI 43-101 resource estimate expected later this year.
- Nevada Canyon has $5M earn-in for 50% of project and a 3% NSR royalty.
- Results highlight drill targets north and south of Central Zone, beyond current drilling limits.