Nevada Canyon Hits 2.07 g/t Gold Across 47.25 m in Lapon Canyon Drilling
Nevada Canyon's 2026 Lapon Canyon drilling returned several gold intervals, led by 2.07 g/t over 47.25 metres, per a TradingView summary of SEC filings.
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what happened
Nevada Canyon has released fresh gold assay results from its 2026 drilling at Lapon Canyon, according to a TradingView summary of documents filed with the SEC. The strongest run came from hole LC-26-175, which graded 2.07 g/t over 47.25 metres, with a richer 3.07 g/t section over 30.48 metres inside it.
Hole LC-26-179 cut 2.02 g/t across 48.77 metres, including 6.61 g/t over 7.62 metres. Other intercepts included 3.63 g/t over 12.19 metres in LC-26-183 and 1.29 g/t across 38.10 metres in LC-26-186. The company says these data will feed its geological model and its first NI 43-101 resource estimate, now slated for the first half of 2027. The work is being paid for by Nevada Canyon, which is acquiring a 50% position in the property through a three-year deal and keeps a 3% NSR royalty.
why it matters
For gold markets this is a project-level update rather than a market mover, since one exploration property does not shift global supply. For investors in the stock, the timing of the resource estimate and how the earn-in is funded are the key points to track.
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sources
- Nevada Canyon Reports 2.07 g/t Gold Over 47.25 Metres at Lapon Canyon — TradingView, 22 October 2026 at 15:53 UTC
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