$NGLD
Nevada Canyon Gold Corp. Stock $ngld

$ngld Overview Financials Valuation SEC Filings Company Website

2023 Q1 Form 10-K Financial Statement

#000149315223009060 Filed on March 27, 2023

Income Statement

Concept	2023 Q1	2022 Q4	2022
Revenue	$0.00	$0.00	$0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$392.8K	$1.145M	$1.267M
YoY Change	395.06%	1657.47%	1034.95%
% of Gross Profit
Research & Development		$0.00	$20.76K
YoY Change		-100.0%	34.11%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$392.8K	$469.6K	$1.288M
YoY Change	395.06%	501.5%	913.08%
Operating Profit
YoY Change
Interest Expense	$6.492K	$74.01K	$10.08K
YoY Change	-98.99%	-146.44%	-102.14%
% of Operating Profit
Other Income/Expense, Net	$0.00	-$21.93K	-$719.5K
YoY Change	-100.0%	-76.77%	662.14%
Pretax Income	-$475.1K	-$417.5K	-$1.556M
YoY Change	-208.86%	25.82%	124.68%
Income Tax
% Of Pretax Income
Net Earnings	-$475.1K	-$417.5K	-$1.556M
YoY Change	-208.87%	25.82%	124.68%
Net Earnings / Revenue
Basic Earnings Per Share	-$0.10		-$0.51
Diluted Earnings Per Share	-$0.10	-$0.10	-$0.51
COMMON SHARES
Basic Shares Outstanding	11.08M shares	8.685M shares	3.034M shares
Diluted Shares Outstanding	4.682M shares		3.034M shares

Balance Sheet

Concept	2023 Q1	2022 Q4	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$912.2K	$1.007M	$1.007M
YoY Change	-33.98%	-29.13%	-29.13%
Cash & Equivalents	$912.2K	$1.007M	$1.007M
Short-Term Investments
Other Short-Term Assets	$25.54K	$4.830K	$4.830K
YoY Change	-20.56%	-77.85%	-77.85%
Inventory
Prepaid Expenses	$25.54K	$4.829K
Receivables
Other Receivables
Total Short-Term Assets	$937.7K	$1.012M	$1.012M
YoY Change	-33.68%	-29.86%	-29.86%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$788.5K	$877.2K	$877.2K
YoY Change	-33.12%	48.98%	48.98%
Other Assets
YoY Change
Total Long-Term Assets	$788.5K	$877.2K	$877.2K
YoY Change	-33.12%	48.98%	48.98%
TOTAL ASSETS
Total Short-Term Assets	$937.7K	$1.012M	$1.012M
Total Long-Term Assets	$788.5K	$877.2K	$877.2K
Total Assets	$1.726M	$1.889M	$1.889M
YoY Change	-33.42%	-7.01%	-7.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$833.2K	$802.7K	$802.7K
YoY Change	0.34%	102.55%	102.55%
Accrued Expenses		$41.80K	$41.80K
YoY Change		45.69%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$520.00	$520.00
YoY Change	-100.0%	-99.88%	-99.88%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.293M	$1.322M	$1.322M
YoY Change	-30.9%	-26.21%	-26.21%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.293M	$1.322M	$1.322M
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$1.293M	$1.322M	$1.322M
YoY Change	-30.9%	-26.21%	-26.21%
SHAREHOLDERS EQUITY
Retained Earnings	-$2.983M	-$2.508M
YoY Change		163.55%
Common Stock	$1.107K	$1.107K
YoY Change		27.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$432.9K	$567.1K	$567.1K
YoY Change
Total Liabilities & Shareholders Equity	$1.726M	$1.889M	$1.889M
YoY Change	-33.42%	-7.01%	-7.01%

Cashflow Statement

Concept	2023 Q1	2022 Q4	2022
OPERATING ACTIVITIES
Net Income	-$475.1K	-$417.5K	-$1.556M
YoY Change	-208.87%	25.82%	124.68%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$74.85K	-$103.1K	-$429.9K
YoY Change	4.42%	-37.29%	93.46%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$20.00K	-$40.00K	$164.7K
YoY Change	-180.35%	-83.33%	-169.23%
Cash From Investing Activities	-$20.00K	-$40.00K	$164.7K
YoY Change	-180.35%	-83.33%	-169.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities		-148.0K	-$147.6K
YoY Change		-117.83%	-115.06%
NET CHANGE
Cash From Operating Activities	-$74.85K	-103.1K	-$429.9K
Cash From Investing Activities	-$20.00K	-40.00K	$164.7K
Cash From Financing Activities		-148.0K	-$147.6K
Net Change In Cash	-$94.85K	-291.1K	-$413.8K
YoY Change	104.46%	-168.42%	-179.6%
FREE CASH FLOW
Cash From Operating Activities	-$74.85K	-$103.1K	-$429.9K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2022	dei	Document Type DocumentType	10-K
CY2022	dei	Document Annual Report DocumentAnnualReport	true
CY2022	dei	Document Period End Date DocumentPeriodEndDate	2022-12-31
CY2022	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022	dei	Document Transition Report DocumentTransitionReport	false
CY2022	dei	Entity File Number EntityFileNumber	333-196075
CY2022	dei	Entity Registrant Name EntityRegistrantName	Nevada Canyon Gold Corp.
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2022	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	46-5152859
CY2022	dei	Entity Address Address Line1 EntityAddressAddressLine1	316 California Avenue
CY2022	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 543
CY2022	dei	Entity Address City Or Town EntityAddressCityOrTown	Reno
CY2022	dei	Entity Address State Or Province EntityAddressStateOrProvince	NV
CY2022	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	89509
CY2022	dei	City Area Code CityAreaCode	(888)
CY2022	dei	Local Phone Number LocalPhoneNumber	909-5548
CY2022	dei	Security12b Title Security12bTitle	Common Stock, $0.0001 par value per share
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CY2022	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
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CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	4829	usd
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CY2022Q4	us-gaap	Mineral Properties Net MineralPropertiesNet	720395	usd
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CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	844448	usd
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CY2022Q4	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	477031	usd
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CY2021Q4	us-gaap	Notes Payable Current NotesPayableCurrent	1100	usd
CY2021Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	430538	usd
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CY2021Q4	us-gaap	Liabilities Liabilities	1791539	usd
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
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CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1007018	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1420864	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	118699	usd
CY2022	NGLD	Cash Received For Interest CashReceivedForInterest	5285	usd
CY2021	NGLD	Cash Received For Interest CashReceivedForInterest	755	usd
CY2022	NGLD	Fair Value Gain On Equity Investment FairValueGainOnEquityInvestment	241513	usd
CY2021	NGLD	Fair Value Gain On Equity Investment FairValueGainOnEquityInvestment	-474287	usd
CY2022	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_801_eus-gaap--NatureOfOperations_zBNDHtUG8aq3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1 - <span id="xdx_826_zYSu2zaNNzD6">NATURE OF BUSINESS</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Nevada Canyon Gold Corp. (the “Company”) was incorporated under the laws of the state of <span id="xdx_90A_edei--EntityIncorporationStateCountryCode_c20220101__20221231_zO0SVFFYfwf8" title="Entity state of incorporation">Nevada</span> on <span id="xdx_907_edei--EntityIncorporationDateOfIncorporation_dd_c20220101__20221231_zmgugCQUUhMi" title="Date of incorporation">February 27, 2014</span>. On July 6, 2016, the Company changed its name from Tech Foundry Ventures, Inc. to Nevada Canyon Gold Corp. On December 15, 2021, the Company incorporated two subsidiaries, Nevada Canyon LLC and Canyon Carbon LLC. Both subsidiaries were incorporated under the laws of the state of Nevada. The Company is involved in acquiring and exploring mineral properties and royalty interests in Nevada and Idaho.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Going Concern</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s consolidated financial statements are prepared using accounting principles generally accepted in the United States of America (“GAAP”) applicable to a going concern, which contemplates the realization of assets and liquidation of liabilities in the normal course of business. The Company is a mineral exploration company and has not generated or realized any revenues from its business operations. The ability of the Company to continue as a going concern is dependent on the Company obtaining adequate capital to fund operating losses until it becomes profitable. If the Company is unable to obtain adequate capital, it could be forced to cease operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The outcome of these matters cannot be predicted with any certainty at this time and raises substantial doubt that the Company will be able to continue as a going concern. These consolidated financial statements do not include any adjustments to the amounts and classifications of assets and liabilities that may be necessary should the Company be unable to continue as a going concern. Management intends to obtain additional funding by borrowing funds, and/or a private placement of common stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2022	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2014-02-27
CY2022	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_843_eus-gaap--UseOfEstimates_zq00Vd9skW05" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zdhAcJaA1gqf">Use of Estimates and Assumptions</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results could differ from those estimates. The Company regularly evaluates estimates and assumptions related to the fair value of director compensation, impairment of its interest in mineral properties, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	12500000	shares
CY2022Q3	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	1.20
CY2022Q3	NGLD	Agent Fee From Percentageof Gross Proceeds AgentFeeFromPercentageofGrossProceeds	1	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P3Y
CY2022	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4003333	shares
CY2021	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2764815	shares
CY2022Q4	us-gaap	Related Party Transaction Due From To Related Party RelatedPartyTransactionDueFromToRelatedParty	477031	usd
CY2021Q4	us-gaap	Related Party Transaction Due From To Related Party RelatedPartyTransactionDueFromToRelatedParty	963631	usd
CY2022	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	1008471	usd
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1 ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1	P3Y
CY2022Q1	us-gaap	Share Price SharePrice	0.4938
CY2022Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	1976943	usd
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1	P2Y
CY2022Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	802648	usd
CY2021Q4	us-gaap	Accounts Payable Trade Current AccountsPayableTradeCurrent	367578	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	41800	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	28692	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	844448	usd
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	396270	usd
CY2021	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	980000	usd
CY2022Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	1000000	usd
CY2022	us-gaap	Stock Issued During Period Shares Conversion Of Convertible Securities StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities	2666667	shares
CY2022	us-gaap	Debt Instrument Convertible Beneficial Conversion Feature DebtInstrumentConvertibleBeneficialConversionFeature	677200	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	663867	usd
CY2022Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	1000000	usd
CY2022	us-gaap	Debt Instrument Increase Accrued Interest DebtInstrumentIncreaseAccruedInterest	160813	usd
CY2022	us-gaap	Extinguishment Of Debt Amount ExtinguishmentOfDebtAmount	1160813	usd
CY2022	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	263699	usd
CY2022	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	2392301	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2022	us-gaap	Common Stock Voting Rights CommonStockVotingRights	50% of the common stock
CY2021Q4	us-gaap	Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation	1775000	shares
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1556055	usd
CY2021	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-692571	usd
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2021	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.21	pure
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-326771	usd
CY2021	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-145440	usd
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	299253	usd
CY2021	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	119633	usd
CY2022	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	-27518	usd
CY2021	us-gaap	Valuation Allowance Deferred Tax Asset Change In Amount ValuationAllowanceDeferredTaxAssetChangeInAmount	-25807	usd
CY2021Q4	us-gaap	Deferred Tax Assets Unrealized Losses On Trading Securities DeferredTaxAssetsUnrealizedLossesOnTradingSecurities	13235	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	197276	usd
CY2021Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	169757	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	197276	usd
CY2021Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	182992	usd
CY2021Q4	NGLD	Deferred Tax Liabilities Convertible Notes DeferredTaxLiabilitiesConvertibleNotes	-119587	usd
CY2022Q4	NGLD	Deferred Tax Liabilities Marketable Securities DeferredTaxLiabilitiesMarketableSecurities	-12230	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	185046	usd
CY2021Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	63405	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards Domestic DeferredTaxAssetsOperatingLossCarryforwardsDomestic	939000	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards State And Local DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal	90000	usd
CY2022	NGLD	Income Tax Description IncomeTaxDescription	The remaining balance of $849,000 will never expire but its utilization is limited to 80% of taxable income in any future year.

Files In Submission

Name	View Source	Status
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form10-k.htm	Edgar Link	pending
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ngld-20221231_cal.xml	Edgar Link	unprocessable
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form10-k_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
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ngld-20221231_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$NGLD
Nevada Canyon Gold Corp. Stock $ngld

2023 Q1 Form 10-K Financial Statement

#000149315223009060 Filed on March 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NGLD Nevada Canyon Gold Corp. Stock $ngld

2023 Q1 Form 10-K Financial Statement

#000149315223009060 Filed on March 27, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NGLD
Nevada Canyon Gold Corp. Stock $ngld