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Nevada Canyon Gold Corp V.NGLD


Primary Symbol: NGLD

Nevada Canyon Gold Corp. is natural resource company. The Company is involved in acquiring and exploring mineral properties and royalty interests in Nevada and Idaho. The Company's mineral property interests are comprised of the Lazy Claims Property, the Loman Property, and the Agai-Pah Property located in Mineral County, Nevada, the Swales Property located in Elko County, Nevada, and the Belshazzar Property located in Quartzburg mining district, Boise County, Idaho. Its Lazy Claims consist of three claims (60 acres) and are located within the Walker Lane shear zone, a 60-mile-wide structural corridor extending in a southeast direction from Reno, Nevada. Belshazzar Property consists of 10 unpatented mineral claims and seven placer mineral claims in a combined area of approximately 200 acres situated along the upper reaches of Fall Creek within the Quartzburg mining district. Swales Property consists of approximately 40 unpatented mining claims with a combined area of 800 acres.


OTCQX:NGLD - Post by User

Comment by hillcrester18on Nov 01, 2019 3:38pm
68 Views
Post# 30298962

RE:50% to 75%

RE:50% to 75%I also see that they can accelerate their payments at their discretion.  This means that really they can earn 75% by performing the necessary exploration, which they’d do anyway if the property was wholly theirs, as well as make the cash/share payments.  

I also suspect that at sometime we’ll be hearing about a significant backer/financier taking a stake whether that be a company or individual.  If they keep producing results in line  with what they have, investors will come!
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