Nevada Canyon Gold Corp V.NGLD

Primary Symbol: NGLD

Industrials Conglomerates

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.

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Nevada Canyon Gold Corp > Results to Date

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Comment by SuneeDazeon Nov 04, 2019 6:56pm

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Post# 30307756

RE:RE:Results to Date

Typically yes. Having said that, though, you have to realize that the attractiveness of the oxide zones is the cost effective manner that they can be mined (open pit) and especially processed (heap leaching).

There are mines in Nevada operating profitably with grades as low as 0.5 g/t gold...yes, 1/2 g. We have grades over considerable thicknesses up to 4 g/t gold....yep, up to 8 x the grade of other profitable Nevada mines.

There’s currently under 45 million shares (under $ 10 mil. market cap). At some point, the metrics of this company will be recognized and rewarded.

hillcrester18 wrote: Okay. So these results all came from an oxidized zone, right? So...would there not be a deeper more rich sulphide zone? May be not as convenient to mine depending on depth but just curious.

SuneeDaze wrote: Impressive to look at the first 3 holes that have been released of the 10 hole program. As we know, every one hit significant mineralization over considerable widths at shallow depths.

BL-19-01

84 m of 1.4 g/t gold
Including 29 m of 3.3 g/t gold
Including 14 m of 4.97 g/t gold

BL-19-02

85 m of 1.01 g/t gold
Including 32 m of 2.01 g/t gold

BL-19-04

122 m of 1.19 g/t gold
Including 37 m of 2.1 g/t gold (including 15 m of 3.3 g/t gold)
AND 12 m of 3.3 g/t gold