The price of gold has skyrocketed in 2024, reaching new highs and shattering price records. The dollar has lost a lot of purchasing power in recent years, but gold's price has gone UP! If you don't want the hassle of owning a physical gold bullion or trading gold futures, gold stocks are another way to get involved with the gold rally. This makes it a prime time to get your eyes on one company that could see exponential growth if gold continues its rally.
Nevada Canyon Gold Corp. (NGLD) is standing out in the gold boom in a unique way. (NGLD) is a US-based natural resource company headquartered in Reno, Nevada that has a large, strategic land position and royalties in multiple projects, within some of Nevada's highest-grade historical mining districts, offering year-round access and good infrastructure in proven and active mining districts!
The company recently announced big news that it has been informed that initial drill results have been released from the 2024 reverse circulation drill program on the Lapon Canyon Project, a Nevada Canyon owned royalty, located in Mineral County, Nevada. NGLD owns a 3% Net Smelter Royalty ("NSR") on the Project, (see news release 05-28-2024) Walker River Resources Corp. ("Walker River") owns a 100% undivided interest in the Project consisting of 96 unpatented lode mining claims identified as the Sleeper and Lapon Rose claim groups situated in Mineral County, Nevada, within the northern portion of the Walker Lane gold trend. Why is this exciting? Lapon Canyon hosts historical, high grade gold mining with approximately 2,000 feet of underground workings in three adits. Historical underground work returned numerous assay values in the one-ounce-per-ton range!
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