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Nevada Canyon Gold ( (NGLD) ) has issued an update.
On February 25, 2026, Nevada Canyon Gold reported final drill results from the 2025 reverse circulation program at the Lapon Canyon Gold Project in Nevada’s Walker Lane trend, where it is earning a 50% interest and holds a 3% net smelter royalty. Highlights included 3.79 g/t gold over 85.34 meters, with higher-grade intervals up to 16.49 g/t, confirming thick, continuous mineralization hosted in monzonite and extending gold zones south and east of the Hotspot area.
The program, fully funded by Nevada Canyon under its US$5 million earn-in, also identified intrusive-related mineralization in monzonitic units, suggesting potential for larger-scale porphyry-style gold systems and deeper feeder structures. These 2025 results underpin plans to complete a maiden NI 43-101-compliant mineral resource estimate by year-end 2026 and to continue geophysical surveys and drilling, which could materially enhance the project’s resource base and Nevada Canyon’s long-term royalty and joint-venture value proposition.
More about Nevada Canyon Gold
Nevada Canyon Gold Corp. is a U.S.-based natural resource company headquartered in Reno, Nevada, focused on gold and mining-related assets. The company holds a large strategic land position and a portfolio of royalties across multiple projects in Nevada’s high-grade historical mining districts, leveraging good infrastructure and year-round access to build a flexible, royalty-centered business model that aims to create shareholder value.
Average Trading Volume: 27,053
Technical Sentiment Signal: Sell
Current Market Cap: $16.93M
See more data about NGLD stock on TipRanks’ Stock Analysis page.