NSR holds a 100% interest in the Gold Canyon Project (Au, Ag), located
in Eureka County, Nevada and is one of its key focus properties. Gold
Canyon is located in the Gold Bar District in the southern Roberts
Mountains, a prolific precious metals mining area in the southern
portion of the Battle Mountain-Eureka trend consisting of a 200km long,
N-NW trending structural zone. The district itself contains a calculated
resource of 1.6 million ounces of gold. The Gold Canyon project
consists of 26 unpatented lode claims covering approximately 460 acres.
The claims are on BLM ground and include the original Gold Canyon pit as
well as an ore stockpile west of the pit. The claims were staked in
2015 and therefore have no underlying royalties.