Nevada Canyon Gold Secures Royalty in Strategic Deal

Nevada Canyon Gold (NGLD) has issued an update.

Nevada Canyon Gold Corp. has secured a 100% interest in a 1% production royalty on the Olinghouse Project in Nevada, belonging to Target Minerals, Inc., through a cash deal totaling $1.74 million. This strategic move, which involves a one-time payment and previous cash payments, was made under revised terms that resulted in a reduced purchase price for Nevada Canyon. The company publicized this transaction in a news release, highlighting its forward-looking nature and the inherent uncertainties in such financial projections.

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