Nevada Canyon acquired an 2% net smelter returns royalty (NSR) on the Pikes Peak Project. Pikes Peaks hosts significant historical mining activity (numerous shafts, adits, mill) in a copper gold environment at Pikes Peak.
The Project’s owner Walker River Resources Corp has completed the first known modern day exploration work. Walker River has made initial significant discoveries of gold mineralization, through a regional sampling program, a small drill program and underground channel sampling. A recent underground channel sampling from a re-opened adit returned assay results of 36.4 g/t Au, 10.7 g/t Au, and 19.8 g/t Au.
The Pikes Peak Project consists of 36 unpatented lode mining claims situated in Mineral County, Nevada, within the northern portion of the Walker Lane gold trend,40 miles southeast of Yerington, Nevada. A state power grid transmission line passes within 3 miles of the Project.
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