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Nevada Canyon Gold Enters Agreement for Lapon Canyon Exploration

Story Highlights
  • Nevada Canyon Gold Corp. entered into a strategic agreement with Walker River Resources.
  • The agreement aims to explore the Lapon Canyon Project by investing $5 million over three years.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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Nevada Canyon Gold ( (NGLD) ) has issued an announcement.

On February 3, 2025, Nevada Canyon Gold Corp. announced an Exploration Stream Earn-in Agreement with Walker River Resources, LLC to explore and develop the Lapon Canyon Gold Project in Nevada. The agreement allows Nevada Canyon to earn up to a 50% interest in the project by investing $5 million in exploration over three years, aiming to enhance their royalty portfolio and leverage gold prices.

More about Nevada Canyon Gold

Nevada Canyon Gold Corp. is a US-based natural resource company headquartered in Reno, Nevada. It focuses on mineral royalty creation and acquisition, precious-metals and exploration streaming, and exploration project acceleration. The company has strategic land positions and royalties in multiple projects in Nevada’s historical mining districts, known for high-grade mineral deposits.

YTD Price Performance: 143.35%

Average Trading Volume: 63,491

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $51.85M

See more insights into NGLD stock on TipRanks’ Stock Analysis page.

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