Nevada Canyon Announces Significant Gold Intercepts Including 2.07 g/t Au over 47.3 Metres at the Lapon Canyon Gold Project
Nevada Canyon Gold announced 2026 reverse-circulation drill results from the Lapon Canyon Gold Project, headlined by 2.07 g/t Au over 47.25 metres in hole LC-26-175, including 3.07 g/t Au over 30.48 metres. Nevada Canyon is earning 50% of Lapon Canyon under a $5M, three-year earn-in agreement and holds a 3% NSR on the project; results will feed an initial NI 43-101 mineral resource estimate now expected in the first half of 2027.
Key figures
- Nsr royalty
- 3%
- Best interval
- 2.07 g/t Au over 47.25 m (LC-26-175)
- Best high grade
- 6.61 g/t Au over 7.62 m (LC-26-179)
- Earn in stake pct
- 50
- Earn in agreement value
- $5M
- Resource estimate timing
- first half of 2027
AI analysis
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