NEVADA CANYON ANNOUNCES SIGNIFICANT GOLD INTERCEPTS REPORTED AT THE LAPON CANYON GOLD PROJECT
Globenewswire·2025-10-06 13:00

Core Insights - Nevada Canyon Gold Corp. announced additional drill results from the 2025 reverse circulation drill program at the Lapon Canyon Gold Project, indicating significant gold mineralization and potential resource growth [1][4][22] Drill Program Overview - The 2025 drill program at Lapon Canyon focuses on resource definition, with drilling both infill and offset along the Hotspot Zone and exploring a new upper drill road extension [2] - Drilling has confirmed that gold mineralization extends to the south and east of the Hotspot Zone, hosted in multiple bedrock units beyond the previously known altered granite [3] Significant Findings - Recent drill results show substantial gold mineralization in various rock types, including granodiorite, diorite, monzonite, and biotite-granite, with notable copper sulphide (chalcopyrite) observed [3] - The geometry of the gold system is largely sub-horizontal, with steeply dipping high-grade shoots indicating the potential for discovering new mineralized zones [3] Drill Results Highlights - Significant drill results include: - Hole LC-25-149: 2.35 g/t Au over 45.7 m starting at 126.5 m [5][6] - Hole LC-25-142: 1.62 g/t Au over 45.7 m starting at 112.8 m [5][6] - Additional notable results from other drill holes, with various intervals showing gold grades above 1 g/t [6][7] Future Prospects - The ongoing work at Lapon Canyon includes data compilation, interpretation, and resource modeling, aiming to complete an initial NI 43-101 compliant mineral resource [18] - Further drill results are anticipated, with ongoing fieldwork and drilling [18]