Nevada Canyon Gold Corp.

Final results from the completed 2025 drill program included the project's best hole yet -- 3.79 g/t gold over 85.34m, including 16.49 g/t over 6.1m -- confirming the monzonite-hosted discovery; the company is now advancing toward a maiden NI 43-101 resource estimate targeted by year-end 2026.

farm in farm out agreement

Further Lapon Canyon results (3.05 g/t over 53.3m, including 6.67 g/t) came with a geological discovery: gold hosted in monzonite, raising the possibility of a larger porphyry-style gold-copper system. About $1.4M of the $5M earn-in commitment has been spent, with a maiden NI 43-101 resource estimate now targeted for 2026.

farm in farm out agreement

More high-grade results from Lapon Canyon, headlined by 21.8 g/t gold over 4.6m within a broader 86.9m/2.17 g/t intercept -- among the best grades yet seen at the project.

farm in farm out agreement

First major assay batch from the 2025 program: strong intercepts including 2.35 g/t gold over 45.7m (with 8.08 g/t over 4.6m inside it), and drilling confirmed mineralization extends into new rock types south and east of the Hotspot zone -- pointing to a larger system than previously mapped.

farm in farm out agreement

Signed a pivotal earn-in agreement with Walker River Resources giving Nevada Canyon the right to earn back a direct 50% interest in Lapon Canyon by funding $5M of exploration over three years -- reversing the 2017 sale of its stake and setting up the drill campaign that follows.

material agreement

Signed a $25M equity line with an institutional investor -- the company can sell stock at its own discretion at 95% of market price, with no obligation to draw on it -- giving it a standing, non-toxic source of growth capital.

capital raising announcement

Exercised its option to buy out Target Minerals' full 1% Olinghouse royalty for $1.74M cash total -- a favorably renegotiated price versus the original $2M-or-2M-shares terms set in 2021.

material agreement

Insiders reshuffled the cap table: founders Michael Levine and BCIM Management (Ron Tattum) cancelled 1.775M shares back to treasury, and the company then issued 6.005M new shares to its directors and an officer for a nominal $600.50 total -- a large, low-cost insider allocation that roughly doubled the outstanding share count.

capital raising announcement

Began raising up to $1M through 15%-interest convertible notes to accredited investors, convertible at $0.375/share or a 25% discount to a future qualified offering -- costly, dilutive terms typical of a cash-constrained small explorer.

capital raising announcement

Sold its 30% interest in the Lapon Canyon project to Walker River Resources in exchange for 9.1M Walker River shares plus warrants for 11.9M more -- converting a direct project stake into a position in the property's owner, a relationship the company would keep rebuilding for the next decade.

material agreement

Completed a $375,000 private placement and used the proceeds to fund the Lapon Canyon option, formally shifting the company's business from a management-consulting shell toward mineral exploration.

asset acquisition disposition

Shell company Tech Foundry Ventures acquired Nevada Canyon Gold Corporation's rights to an exploration deal on the Lapon Canyon gold property near Yerington, NV (via Walker River Resources) for $65,000 -- a related-party deal, since Jeffrey Cocks was an officer/director of both companies. This property becomes the company's flagship asset for the next decade.

material agreement