NEVADA CANYON ANNOUNCES SIGNIFICANT RESULTS FROM INITIAL EXPLORATION PROGRAM ON THE AGAI PAH PROPERTY
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.
Nevada Canyon Gold Corp (OTCQX: NGLD) ha annunciato risultati significativi dal suo programma di esplorazione Fase I presso la proprietà Agai-Pah nel Nord Nevada. I primi campionamenti hanno rivelato un contenuto impressionante di argento, con un campione che ha raggiunto fino a 1.829 g/t di argento da una vena mineralizzata esposta.
La proprietà, che si estende su 162 ettari con 20 concessioni minerarie non brevettate, è strategicamente situata all'interno della zona di taglio Walker Lane. Cinque campioni prelevati da affioramenti superficiali hanno mostrato concentrazioni notevoli di argento, rame, zinco, piombo e antimonio. I campioni con la più alta concentrazione (009285 e 009286) contenevano oltre 1.100 g/t di argento insieme a una significativa quantità di metalli di base.
Il programma Fase I ha incluso prospezione di ricognizione, mappatura geologica e campionamenti superficiali, ponendo le basi per la Fase II di esplorazione prevista per la fine del 2025. La proprietà presenta numerosi lavori storici, tra cui operazioni sotterranee a più livelli, cunicoli e pozzi di prospezione, con attività minerarie risalenti ai primi anni del 1900.
Nevada Canyon Gold Corp (OTCQX: NGLD) ha anunciado resultados significativos de su programa de exploración Fase I en la propiedad Agai-Pah en el norte de Nevada. El muestreo inicial reveló un contenido impresionante de plata, con una muestra que alcanzó hasta 1.829 g/t de plata de una veta mineralizada expuesta.
La propiedad, que abarca 162 hectáreas con 20 concesiones mineras no patentadas, está estratégicamente ubicada dentro de la zona de cizalla Walker Lane. Cinco muestras de afloramientos superficiales mostraron concentraciones notables de plata, cobre, zinc, plomo y antimonio. Las muestras de mayor ley (009285 y 009286) contenían más de 1.100 g/t de plata junto con un contenido significativo de metales base.
El programa Fase I incluyó prospección de reconocimiento, mapeo geológico y muestreo superficial, sentando las bases para la exploración de Fase II prevista para finales de 2025. La propiedad cuenta con numerosos trabajos históricos, incluyendo operaciones subterráneas de varios niveles, galerías y pozos de prospección, con actividad minera que data de principios de 1900.
Nevada Canyon Gold Corp (OTCQX: NGLD)는 네바다 북부에 위치한 Agai-Pah 부동산의 1단계 탐사 프로그램에서 중요한 결과를 발표했습니다. 초기 탐사 샘플링에서 노출된 광화대 정맥에서 최대 1,829 g/t 은이 확인되어 인상적인 은 함량을 보였습니다.
이 부동산은 162헥타르에 걸쳐 있으며 20개의 미특허 광산 청구권을 포함하고, 워커 레인 전단대 내에 전략적으로 위치해 있습니다. 지표 노두에서 채취한 5개의 샘플은 은, 구리, 아연, 납, 안티몬의 주목할 만한 농도를 보여주었습니다. 최고 등급 샘플(009285 및 009286)은 1,100 g/t 이상의 은과 상당한 기본 금속 함량을 포함하고 있습니다.
1단계 프로그램은 정찰 탐사, 지질 지도 작성, 지표 샘플링을 포함했으며, 2025년 후반에 계획된 2단계 탐사의 기초를 마련했습니다. 이 부동산에는 다층 지하 작업장, 갱도, 탐사 구덩이 등 수많은 역사적 작업장이 있으며, 광산 활동은 1900년대 초반까지 거슬러 올라갑니다.
Nevada Canyon Gold Corp (OTCQX : NGLD) a annoncé des résultats significatifs issus de son programme d'exploration Phase I sur la propriété Agai-Pah dans le nord du Nevada. Les premiers échantillonnages ont révélé une teneur impressionnante en argent, avec un échantillon atteignant jusqu'à 1 829 g/t d'argent provenant d'une veine minéralisée exposée.
La propriété, qui s'étend sur 162 hectares avec 20 concessions minières non brevetées, est stratégiquement située dans la zone de cisaillement de Walker Lane. Cinq échantillons prélevés sur des affleurements de surface ont montré des concentrations notables d'argent, de cuivre, de zinc, de plomb et d'antimoine. Les échantillons les plus riches (009285 et 009286) contenaient plus de 1 100 g/t d'argent ainsi qu'une teneur significative en métaux de base.
Le programme Phase I comprenait une prospection de reconnaissance, une cartographie géologique et des prélèvements de surface, posant les bases pour la Phase II d'exploration prévue pour la fin 2025. La propriété comprend de nombreux travaux historiques, notamment des opérations souterraines à plusieurs niveaux, des galeries et des puits de prospection, avec une activité minière remontant au début des années 1900.
Nevada Canyon Gold Corp (OTCQX: NGLD) hat bedeutende Ergebnisse aus seinem Phase-I-Explorationsprogramm auf dem Agai-Pah-Grundstück im Norden Nevadas bekannt gegeben. Erste Probenahmen ergaben beeindruckende Silbergehalte, wobei eine Probe bis zu 1.829 g/t Silber aus einer freiliegenden mineralisierten Ader lieferte.
Das Grundstück erstreckt sich über 162 Hektar mit 20 nicht patentierten Bergbaurechten und befindet sich strategisch innerhalb der Walker Lane Scherzone. Fünf Proben von Oberflächenaufschlüssen zeigten bemerkenswerte Konzentrationen von Silber, Kupfer, Zink, Blei und Antimon. Die Proben mit den höchsten Gehalten (009285 und 009286) enthielten über 1.100 g/t Silber sowie bedeutende Mengen an Basismetallen.
Das Phase-I-Programm umfasste Erkundungsprospektion, geologische Kartierung und Oberflächenprobenahme und legte die Grundlage für die für Ende 2025 geplante Phase-II-Erkundung. Das Grundstück weist zahlreiche historische Arbeiten auf, darunter mehrstufige Untertagebetriebe, Stollen und Prospektionsgruben, mit Bergbautätigkeiten, die bis in die frühen 1900er Jahre zurückreichen.
- High-grade silver discovery with samples up to 1,829 g/t silver
- Strategic location within prolific Walker Lane shear zone
- Extensive historical mining infrastructure in place
- Excellent year-round access and pro-mining jurisdiction
- Property remains largely underexplored with minimal modern exploration
- Results to only five significant surface samples
Reno, Nevada, April 23, 2025 (GLOBE NEWSWIRE) -- Canyon Gold Corp. (OTCQX Markets: NGLD) (The “Company” or “Nevada Canyon”) is pleased to announce results from the initial Phase I exploration program on one of the Company’s Accelerator properties, the Agai-Pah Property, located in Northern Nevada, within the prolific Walker Lane shear zone.
Initial prospect sampling of the Agai-Pah Property by the Company returned up to 1829 g/t (58.8 oz/t) silver (Ag) from an exposed mineralized vein on a surface outcrop. Of the samples collected from surface outcrops that focused on mineralized shear zones and associated quartz veins, five (5) samples returned significant results and are detailed in Table 1 below.
Table 1. Initial Prospecting Results.
| Sample Number | Material | Au g/t | Ag g/t | Cu g/t | Zn g/t | Pb g/t | Sb g/t |
| 009282 | Outcrop | 0.026 | 0.7 | 63 | 30 | 290 | 9 |
| 009283 | Outcrop | 0.012 | 0.4 | 85 | 66 | 51 | 5 |
| 009284 | Outcrop | 0.004 | 5.1 | 55 | 223 | 186 | 197 |
| 009285 | Outcrop | 0.752 | 1132.0 | 2014 | 2390 | 11514 | 3441 |
| 009286 | Outcrop | 0.546 | 1829.0 | 2142 | 2965 | 9213 | 3472 |
Phase I of the Agai-Pah exploration program consisted of reconnaissance prospecting, geological mapping, and surface sampling on the property. This initial Phase I exploration program will provide accurate modern data to assist in the planning of the Phase II exploration program later in 2025. The Phase I reconnaissance program was designed to expand and provide confirmation of historical geological mapping and sampling programs on the Property.
The Agai-Pah Property consists of 20 unpatented mining claims with a combined area of 162 hectares (400 acres). The Property is located in the northwestern portion of the Gillis Range, within the Buckley Mining District, in Mineral County, Nevada, 13 miles north-east of the town of Hawthorne, and 22 miles SW of the Rawhide Mine. The Property is within the Walker Lane shear zone, a 60-mile-wide structural corridor extending in a southeast direction from Reno, Nevada. The project has excellent year-round access and infrastructure within Mineral County, one of the most pro-mining counties and gold trends of Nevada.
The Agai-Pah property contains numerous historical workings consisting of underground workings with multi-levels, several adits, declines and a number of prospects pits along structures. An existing road network provide access to the numerous historical workings. Historical sampling on the project has revealed the presence of silver, copper, gold, lead, zinc, barium and barite. There have been at least two periods of mining on the property, the first period in the early 1900’s, and then later in the late 1980’s. The work consisted of excavation of at least 15 adits, 5 vertical shafts, declines and numerous prospects pits along structures.
The Agai-Pah Property is in close proximity to several past producing mines including the Rawhide, Aurora, Borealis, Pamlico, Evening Star, Mabel, Mindoro and Camp Douglas Mines. Held by private interests for most of its history, the Agai-Pah Property remains very underexplored with minimal modern-day exploration. These factors clearly demonstrate the exceptional potential of this relatively unexplored project for new discoveries of significant mineralization on several exploration targets in multiple zones.
About Nevada Canyon Gold Corp.
Nevada Canyon Gold Corp. is a US-based natural resource company headquartered in Reno, Nevada. The Company has a large, strategic land position and royalties in multiple projects, within some of Nevada’s highest-grade historical mining districts, offering year-round access and good infrastructure in proven and active mining districts. The Company has a three-fold business model; i) mineral royalty creation and acquisition; ii) precious-metals and exploration streaming & financing; and iii) exploration project accelerator.
For further information please contact:
Corporate Communications
Larry Heuchert
Tel: 1-888-909-5548 Ext. 2
Email: ir@nevadacanyongold.com
Web: www.nevadacanyongold.com
Forward-Looking Statements
The information posted in this release may contain forward-looking statements. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of exploration, delays in completing various engineering and exploration programs, and any potential results from such programs. Specifically, forward-looking statements in this news release include statements with respect to the potential mineralization and geological merits of the Company properties, its royalties owned on properties and various other factors beyond the Nevada Canyon Gold Corp.'s control. The Company's actual results could differ materially from those discussed in this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation. Investors are advised to carefully review the reports and documents that Nevada Canyon Gold Corp. files from time to time with the SEC, including its Annual Form 10K for the fiscal year ended December 31, 2024, Quarterly Reports and Current Reports.
FAQ
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