NEVADA CANYON ANNOUNCES SIGNIFICANT GOLD INTERCEPTS REPORTED AT THE LAPON CANYON GOLD PROJECT

Executive Summary

• Nevada Canyon Gold Corp. announced additional 2025 RC drill results from the Lapon Canyon Gold Project, highlighting multiple high‑grade gold intercepts that extend mineralization south and east of the historic Hotspot Zone.
• Notable intercepts include 2.35 g/t Au over 45.7 m (hole LC-25-149) and a 3.23 g/t Au over 3.0 m interval in a newly tested upper drill road extension (hole LC-24-124).
• The results suggest the potential discovery of a new mineralized zone, expanding the project's resource upside and supporting ongoing NI 43‑101 resource modeling.

Key Details

• Project Ownership: Lapon Canyon is 100% owned by Walker River Resources; Nevada Canyon holds a 3% NSR and an Exploration Stream Earn‑in Agreement.
• Drill Program Focus: Infill/offset drilling of the Hotspot Zone and exploration of a new upper drill road extension ~125 m NE of the Hotspot.
• Key Intercepts – Hotspot Extension:
• Hole LC-25-149: 2.35 g/t Au over 45.7 m (126.5–172.2 m); includes 8.08 g/t Au over 4.6 m (160.0–164.6 m).
• Hole LC-25-142: 1.62 g/t Au over 45.7 m (112.8–158.5 m); includes 2.75 g/t Au over 13.7 m (126.5–140.2 m).
• Hole LC-25-143: 1.76 g/t Au over 35.1 m (155.4–190.5 m); includes 2.55 g/t Au over 19.8 m (164.6–184.4 m).
• Hole LC-25‑135: 1.65 g/t Au over 42.7 m (71.6–114.3 m); includes 3.93 g/t Au over 13.7 m (100.6–114.3 m) and a 13.42 g/t Au over 3 m interval.
• New Upper Drill Road Extension Intercepts:
• Hole LC‑24‑128: 1.04 g/t Au over 30.5 m (86.9–117.4 m).
• Hole LC‑24‑124: 3.23 g/t Au over 3.0 m (118.9–121.9 m).
• Additional Notable Intercepts: (selected)
• LC‑25‑138: 2.68 g/t Au over 12.2 m.
• LC‑25‑137: 4.37 g/t Au over 7.6 m; includes 18.13 g/t Au over 1.5 m.
• Geology: Gold now confirmed in granodiorite, diorite, monzonite, and biotite‑granite, expanding beyond historic FeOx‑sericite altered granite. Presence of chalcopyrite noted.
• Assay Methodology: Fire assay with 50 g gravimetric finish; QA/QC includes blanks/CRMs every tenth sample; samples processed by American Assays Laboratories (Sparks, NV).
• Qualified Person: Dave Nuttal, P.Geo., President of Geo Exploration Ltd. (NI 43‑101 QP).
• Future Work: Ongoing data compilation, interpretation, and resource modeling aimed at completing an initial NI 43‑101 compliant mineral resource estimate; additional holes (LC‑25‑146, LC‑25‑147) to be released when available.

Notable Quotes

“It’s exciting to see the drilling at Lapon Canyon consistently hitting near surface gold mineralization… confirm the possibility of significantly growing the resources at the Project,” – Lisa Doddridge, President, Nevada Canyon Gold Corp.

“The continued consistent results from Lapon Canyon show the potential of our Nevada‑based royalties and streams,” – Alan Day, Chairman & CEO, Nevada Canyon Gold Corp.