NEVADA CANYON ANNOUNCES SIGNIFICANT GOLD INTERCEPTS INCLUDING 21.8 G/T AU OVER 4.6 METERS REPORTED AT THE LAPON CANYON GOLD PROJECT

Core Insights - Nevada Canyon Gold Corp. announced additional drill results from the 2025 reverse circulation drill program at the Lapon Canyon Gold Project, confirming the extension of gold mineralization to the south and east of the Hotspot [1][2][3] Company Overview - Nevada Canyon Gold Corp. has a $5 million Exploration Stream Earn-in Agreement for 50% of the Lapon Canyon Gold Project, which is 100% owned by Walker River Resources [1][3] - The company holds a 3% Net Smelter Royalty on the project [1] Drilling Results - The drilling results indicate significant extensions of gold mineralization, with notable findings including: - 3.35 g/t Au over 64m starting at 149.4m in hole LC-25-150, including 8.01 g/t Au over 19.9m [5] - 2.17 g/t Au over 86.9m starting at 126.5m in hole LC-25-156, including 21.8 g/t Au over 4.6m [5] - 1.38 g/t Au over 68.6m starting at 97.5m in hole LC-25-154 [5] - The drill program is focused on resource definition and exploration of new areas, with drilling extending significantly to the south and east [3][4] Project Potential - The occurrence of mineralization in different host rocks suggests the potential for a significant resource at the Lapon Canyon Project [3] - Ongoing work includes data compilation, interpretation, and resource modeling, aiming to complete an initial NI 43-101 compliant mineral resource [8] Management Commentary - The President of Nevada Canyon expressed optimism regarding the drill results, indicating that the exploration spending is expected to create value for shareholders [3] - The Chairman and CEO highlighted the consistent and significant results from the Lapon Canyon Project, emphasizing the quality of Nevada-based royalties and streams [4]