Nevada Canyon Gold Corp (OTC: NGLD) is a gold exploration company focused on advancing the Lapon Canyon Project, a gold-mineralized property located in Nevada. The company generates no revenue. It funds operations through equity financing and cash on hand, spending capital on drilling and geological exploration rather than production. As of December 31, 2025, the company held working capital of $4,100,734, down from $6,234,471 at December 31, 2024, with cash flows used in operating activities of $1,909,016 for the year ended December 31, 2025. Drilling at the Lapon Canyon Project has returned intercepts including 3.35 g/t Au over 64.0 meters and 2.17 g/t Au over 86.9 meters, with mineralization hosted in diorite, monzonite, and granite. The Lazy Man Mine on the property carries historical production of approximately 1,200 ounces of gold from 2,800 feet of underground workings, first discovered in 1933. The company is a pre-revenue exploration stage issuer with no disclosed production plans, no named competitors in the filing, and operations subject to Nevada state and U.S. federal environmental regulation.

Revenue model

No revenue. The company is a pre-revenue mineral exploration stage company that funds operations through equity financing and existing cash balances.

Products and services

Mineral exploration at the Lapon Canyon Project in Nevada, targeting gold mineralization. Drilling and assay programs at the Hotspot zone and Lazy Man Mine area, with samples processed at American Assays Laboratories in Sparks, NV.

Customers and end markets

No customers. Pre-revenue exploration company with no disclosed offtake agreements or production.

Value-chain role

Early-stage exploration. The company drills, samples, and assays mineral targets but does not mine, process, or sell gold.

Geographic exposure

Nevada, United States. The Lapon Canyon Project is subject to Nevada Department of Conservation and Natural Resources regulation and U.S. federal environmental statutes including CERCLA, RCRA, CAA, and the Safe Drinking Water Act.

Source: SEC 10-K, filed 2026-03-31

Industry: Gold and Silver Ores