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.
Nevada Canyon Gold Corp. (OTC: NGLD) announces the commencement of drilling at the Lapon Canyon Project in Mineral County, Nevada. The project, owned by Walker River Resources Corp. (TSX.V: WRR), consists of 96 unpatented lode mining claims. Nevada Canyon holds a 3% Net Smelter Royalty (NSR) on the project. The 2024 drill program focuses on extending known gold-bearing zones and exploring new areas, particularly the Hot Spot Zone. The drilling will involve grid-style drilling and surficial mapping to collect structural data, managed by Serac Exploration. The results may lead to an NI 43-101 compliant mineral resource report.
Nevada Canyon Gold Corp. (NGLD) has signed a binding Purchase Agreement to acquire a 2% net smelter returns royalty (NSR) on the Lapon Canyon Project in Mineral County, Nevada. The Project, owned by Walker River Resources, , encompasses 96 unpatented lode mining claims in the Walker Lane gold trend. Nevada Canyon will pay USD $300,000 for the NSR. The Lapon Canyon site features historical high-grade gold mining with significant exploration work already completed, including numerous drill hole intercepts indicating gold mineralization. The acquisition is expected to enhance Nevada Canyon's royalty portfolio and provide leverage to gold prices.
Nevada Canyon Gold Corp. (OTC Markets: NGLD) has completed planning for its Phase I exploration program at the Swales Property in Elko County, Nevada. This phase will include reconnaissance prospecting, geological mapping, and surface trenching to gather modern data for future exploration phases. The Swales Property, consisting of 40 unpatented mining claims covering 800 acres, is situated within the Carlin Trend, a renowned gold mining district. With minimal recorded modern exploration, the area shows promise, having produced over 100 million ounces of gold historically, with current reserves exceeding 21 million ounces. The Phase I program is expected to commence soon, subject to weather conditions.
