Past year: ▼ 45%(37.2c – 72.2c USD)
Each one in plain English, with the numbers worked through for a shareholder.
11 June 2026farm in farm out agreement▲ Good
A new reverse-circulation drill program began at Lapon Canyon, the next exploration phase following the completed 2025 program and the airborne geophysical survey, aimed at testing the deeper intrusive targets identified so far.
5 June 2026auditor change● Neutral
Auditor Assure CPA merged into Sadler, Gibb & Associates and ceased operating as an independent firm; Sadler, Gibb was engaged to continue as auditor for fiscal 2026 -- a firm-level merger, not a dismissal for cause.
3 June 2026farm in farm out agreement▲ Good
Completed the first airborne geophysical survey over Lapon Canyon, the next step (flagged back in February) toward identifying drill targets in the deeper intrusive rock units.
25 Feb 2026farm in farm out agreement▲ GoodMajor
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.
11 Dec 2025farm in farm out agreement▲ GoodMajor
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.
14 Oct 2025farm in farm out agreement▲ GoodMajor
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.
7 Oct 2025farm in farm out agreement▲ GoodMajor
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.
22 May 2025farm in farm out agreement● Neutral
Walker River Resources, which owns 100% of Lapon Canyon, began a reverse-circulation drill programme there. Nevada Canyon holds a 3% net smelter royalty over the project and an exploration earn-in giving it the exclusive right to earn and purchase up to a 50% interest; the filing does not say who is funding the drilling.
4 Feb 2025material agreement▲ GoodMajor
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.
4 Oct 2024capital raising announcement● NeutralMajor
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.
15 Aug 2024material agreement▲ GoodMajor
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.
18 June 2024material agreement▲ Good
Bought a 2% net smelter royalty on Walker River Resources' Pikes Peak project (36 claims, Mineral County) for $150,000 -- a new royalty asset outside the core Lapon Canyon relationship.
29 May 2024material agreement▲ Good
Bought a 2% net smelter royalty on its own flagship Lapon Canyon project from Walker River Resources for $300,000, building toward the 3% royalty position (combined with an earlier 1% Sleeper 36 royalty) it would later hold on the property.
14 Apr 2023auditor change● Neutral
Replaced DMCL with Assure CPA LLC as auditor for fiscal 2023, approved by 64% shareholder consent; no disagreements with the outgoing firm were reported.
27 Feb 2023material agreement● Neutral
Signed consulting agreements with a new VP of Operations (Ryan McMillan) and two outside firms (RNR Enterprises, Little Hill Holdings), paying for their services with roughly 4 million vesting shares rather than cash.
1 Feb 2022material agreement● Neutral
Agreed to buy a 2% net smelter royalty on the Palmetto project from Smooth Rock Ventures for $350,000 cash -- a related-party deal, since director Alan Day also sits on Smooth Rock's board and abstained from the vote.
30 Dec 2021capital raising announcement▼ BadMajor
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.
28 Dec 2021material agreement▲ Good
Leased the 800-acre Swales property in Elko County from W. Wright Parks III for a 10-year term with a $750,000 purchase option, continuing the portfolio buildout.
21 Dec 2021material agreement▲ Good
Optioned Target Minerals' 1% production royalty on the Olinghouse gold project for a $200,000 upfront payment, with the balance payable later in cash or stock -- the start of a royalty-buying strategy alongside direct property leases.
14 Sept 2021capital raising announcement▼ BadMajor
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.
7 June 2021material agreement▲ Good
Leased the 200-acre Belshazzar property in Boise County, Idaho from Belshazzar Holdings for a 10-year term with an $800,000 purchase option and a 1% royalty -- the company's first property outside Nevada.
19 May 2021material agreement▲ Good
After a multi-year quiet period, resumed portfolio-building: leased the 400-acre Agai-Pah property from MSM Resource for a 10-year term with a $750,000 purchase option.
12 July 2018material agreement● Neutral
Sold the year-old Garfield Flats exploration lease to Walker River Resources for $55,000 cash, exiting a property it had just picked up in 2017.
7 Aug 2017material agreement▲ Good
Leased the 3-claim Lazy Claims property from Tarsis Resources for a 10-year term with a 2% production royalty -- a small addition to the exploration portfolio.
7 July 2017material agreement▲ GoodMajor
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.
8 June 2017material agreement▲ Good
Now renamed Nevada Canyon Gold Corp., leased the 12-claim Garfield Flats property from Goodsprings Development for a 10-year term with a $300,000 purchase option, expanding the exploration portfolio beyond Lapon Canyon.
24 June 2016asset acquisition disposition▲ GoodMajor
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.
22 Dec 2015material agreement● NeutralMajor
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.
3 Dec 2015auditor change▼ Bad
Tech Foundry Ventures dismissed auditor Anton & Chia -- whose last report had flagged going-concern doubt and material weaknesses -- and engaged DMCL ahead of a pending pivot into mineral exploration.
