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Nevada Canyon Go - NGLD STOCK NEWS

Welcome to our dedicated page for Nevada Canyon Go news (Ticker: NGLD), a resource for investors and traders seeking the latest updates and insights on Nevada Canyon Go stock.

Nevada Canyon Go (NGLD) provides investors and industry observers with essential resource for tracking developments in gold exploration and mineral extraction. This dedicated news hub consolidates all official communications and verified updates from the Nevada-based mining specialist.

Access timely reports on resource discoveries, operational milestones, and strategic initiatives within Nevada's mining sector. The curated collection includes earnings announcements, partnership disclosures, and technical updates about geological survey methodologies. Investors gain critical insights into the company's exploration progress and operational efficiency through primary-source documentation.

Key updates cover permit acquisitions, drilling results analysis, and sustainability initiatives in mineral extraction. Content is rigorously verified to ensure alignment with financial disclosure standards. Bookmark this page for direct access to Nevada Canyon Go's evolving position in precious metals markets, without promotional commentary or speculative analysis.

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Nevada Canyon Gold Corp (OTCQX: NGLD) has announced significant results from its Phase I exploration program at the Agai-Pah Property in Northern Nevada. Initial prospect sampling revealed impressive silver content, with one sample yielding up to 1,829 g/t silver from an exposed mineralized vein.

The property, spanning 162 hectares with 20 unpatented mining claims, is strategically located within the Walker Lane shear zone. Five samples from surface outcrops showed notable concentrations of silver, copper, zinc, lead, and antimony. The highest-grade samples (009285 and 009286) contained over 1,100 g/t silver along with significant base metal content.

The Phase I program included reconnaissance prospecting, geological mapping, and surface sampling, laying groundwork for Phase II exploration planned for later in 2025. The property features numerous historical workings, including multi-level underground operations, adits, and prospect pits, with mining activity dating back to the early 1900s.

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Nevada Canyon Gold Corp. (OTCQX: NGLD) has announced new drill results from the 2024 reverse circulation drill program at the Lapon Canyon Project, where it holds a 3% Net Smelter Royalty and Exploration Stream. The project, located in Nevada's Walker Lane gold trend, showed significant results including:

Key highlight includes drill hole LC-24-122 which returned 2.62 g/t Au over 41.1 meters, including 6.81 g/t Au over 7.6 meters in the Hotspot zone. Additional discoveries include gold mineralization in the overlying granite in LC-24-120, returning 1.11 g/t Au over 10.7 meters.

The 2024 drilling program focused on defining the mineralized system's extent and geometry, with drill pads placed every 30-60 meters. The company is currently compiling data and working on resource modeling, with plans to complete an initial NI 43-101 compliant mineral resource.

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Nevada Canyon Gold Corp (OTCQX: NGLD) has announced key management changes effective March 19, 2025. Lisa Doddridge has been appointed as President and Director, succeeding Alan Day who will remain CEO and has been appointed Chairman of the Board. Jeffrey Cocks, former Chairman and interim CFO, has transitioned to full-time Chief Financial Officer while maintaining his Director position.

Doddridge brings over 20 years of mining industry experience, having led investor relations and communications strategies for major mining companies including Iamgold, Kinross, Yamana, and First Quantum Minerals. She has extensive experience in multibillion-dollar mergers and acquisitions, debt, and equity transactions. Doddridge holds an Honors Bachelor of Commerce degree from the University of Guelph.

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Nevada Canyon Gold Corp. (OTCQX: NGLD) has signed an Exploration Stream Earn-in Agreement with Walker River Resources to explore and develop the Lapon Canyon Gold Project in Nevada's Walker Lane gold trend. The agreement allows Nevada Canyon to earn up to a 50% interest by funding US$5 million in exploration expenses over three years.

The exploration program includes drilling, mineral resource estimates, and a Preliminary Economic Assessment. Nevada Canyon will invest US$1 million in the first year and US$2 million in each of the following two years. Upon earning the 50% interest, both parties will form a Joint Venture , with each funding their pro-rata share of future expenses. If a party's interest falls below 10%, it converts to a 2% Net Smelter Returns royalty, with a buy-down option to 1% for US$2.5 million.

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Nevada Canyon Gold Corp. (NGLD) has completed Phase I exploration programs on two properties: the Agai-Pah Property in Mineral County and the Swales Property in Elko County, Nevada.

The Agai-Pah Property, spanning 400 acres within the Walker Lane shear zone, features historical workings that previously yielded over 600 oz of silver from sample testing. The property contains multiple underground workings, adits, and declines, with historical sampling revealing silver, copper, gold, lead, zinc, barium, and barite deposits.

The Swales Property, consisting of 40 unpatented mining claims covering 800 acres, is strategically located within the Carlin Trend, near major gold mines including Gold Quarry and Goldstrike. The Carlin Trend has produced over 100 million ounces of gold and maintains reserves exceeding 21 million ounces.

Both properties remain underexplored, with Phase II exploration programs planned for later in 2025.

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Nevada Canyon Gold Corp. (OTCQX: NGLD) has responded to OTC Markets' inquiry regarding promotional activities of its common shares. The company addressed promotional newsletter emails distributed by Sideways Frequency (SFL) through its subsidiaries Trading Wire and Huge Alerts on January 17, 2025. These materials discussed the company, Nevada's mining industry, and the gold market.

The company confirmed that SFL is an arm's length third-party digital marketing firm they retained for corporate marketing and advertising services. While Nevada Canyon provided publicly available information and reviewed materials for accuracy, they maintained editorial control. The promotional activity coincided with increased trading activity starting January 10, 2025.

The company disclosed that no directors, officers, or control persons were involved in creating or distributing promotional materials, and none have traded company securities in the past 90 days. Nevada Canyon also listed its engagement with other marketing service providers: i2i Marketing Group, Sideways Frequency , and Gold Standard Media,

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Nevada Canyon Gold Corp. (OTC: NGLD) announced additional drill results from the 2024 reverse circulation drill program at the Lapon Canyon Project, a royalty-owned project in Mineral County, Nevada. Nevada Canyon holds a 3% Net Smelter Royalty (NSR) on the project owned by Walker River Resources Corp. (TSX.V: WRR).

Key highlights include:

  • Drill hole LC-24-117: 3.88 g/t Au over 77.72 meters, including 12.09 g/t Au over 16.77 meters.
  • Drill hole LC-24-118: 1.96 g/t Au over 59.44 meters, including 8.17 g/t Au over 6.10 meters.
  • Drill hole LC-24-110: 2.70 g/t Au over 33.53 meters, including 5.99 g/t Au over 12.19 meters.
  • Drill hole LC-24-113: 2.58 g/t Au over 27.34 meters, including 4.13 g/t Au over 6.09 meters.
  • Drill hole LC-24-114: 0.61 g/t Au over 155.45 meters.

These results highlight the robust nature and continuity of gold mineralization within the Hotspot Zone. Notably, LC-24-117 and LC-24-119 reached significant depths while remaining in mineralization, extending the Hotspot Zone.

The 2024 drill program aimed to define the extent and geometry of the mineralized system, with plans for ongoing data compilation, interpretation, and resource modeling. An initial NI 43-101 compliant mineral resource estimate is expected upon completion.

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Nevada Canyon Gold Corp. (OTC: NGLD) announced initial drill results from the 2024 reverse circulation drill program at the Lapon Canyon Project in Mineral County, Nevada. The company owns a 3% Net Smelter Royalty on the project. Key highlights include:

- Drill hole LC-24-100 returned 4.5 g/t Au over 56.5 meters, including 20.3 g/t Au over 4.8 metres
- Drill hole LC-24-99 returned 1.17 g/t Au over 73.1 metres, including 6.9 g/t Au over 6.0 metres
- Results demonstrate continuity of the gold mineralized alteration zone at Hotspot
- Drilling is ongoing, with additional results expected from the Central and Hotspot Zones

The 2024 drill program aims to define the extent and geometry of the mineralized system and test for new zones. An initial NI 43-101 compliant mineral resource is planned based on the results.

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Nevada Canyon Gold Corp. (OTC: NGLD) has exercised an amended Option to Purchase Agreement, acquiring a 1% production royalty on the Olinghouse Project in Nevada. The company paid $1.5 million in cash, including previous payments of $240,000, for a total consideration of $1.74 million. This acquisition strengthens Nevada Canyon's royalty portfolio at a lower cost basis than originally planned.

The Olinghouse Project, located 30 miles east of Reno, has a historical resource based on over 600 drill holes. The current owner, Lake Mountain Mining , is reviewing plans for additional exploration, permitting, and potential production restart. Nevada Canyon's CEO, Alan Day, stated that this acquisition offers excellent leverage to gold prices and continues their Nevada-based royalty acquisition strategy.

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Nevada Canyon Gold Corp. (NGLD) announced a binding Purchase Agreement to acquire a 2% net smelter returns royalty (NSR) on the Pikes Peak Project in Mineral County, Nevada. The agreement, made through Nevada Canyon's subsidiary, involves acquiring the NSR from Walker River Resources, The Pikes Peak Project includes 36 unpatented lode mining claims and has significant historical mining activity. A regional sampling program returned values of 9 g/t Au and 2.2% Cu. Walker River's 2022 RC drill program made a gold mineralization discovery despite geological data. Ongoing efforts to rehabilitate underground workings will support future exploration. Nevada Canyon will pay $150,000 for the NSR. The acquisition enhances Nevada Canyon's royalty portfolio, adding leverage to both gold and copper prices.

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40.24M
18.67M
30.86%
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