## Nevada King Unveils High-Grade Gold Zones at Atlanta Mine, Expanding Mineralized Area
Nevada King Gold Corp. (NKG, NKGFF) is thrilled to announce impressive gold assay results from its ongoing drilling program at the Atlanta Gold Mine Project. This project, located 264km northeast of Las Vegas, Nevada, within the prolific Battle Mountain Trend, continues to yield remarkable discoveries. Recent drilling focused on the northern portion of the West Atlanta Graben Zone (WAGZ) and resulted in two vertical diamond drill holes and eight reverse circulation (RC) holes, all of which showcased significant gold mineralization.
Key Highlights:
*
Hole AT23WS-44C
intersected a substantial3.95 g/t Au over 106.7m
, including a high-grade zone of9.39 g/t Au over 38.4m
. This hole was drilled approximately 10 meters west of the previously reported AT23WS-44, which intersected11.64 g/t Au over 108.3m
. These results demonstrate the consistent lateral continuity of mineralization within this zone.*
Hole AT23WS-52
returned2.29 g/t Au over 123.5m
, including5.24 g/t Au over 35.1m
. This hole intersected mineralization on the north side of the North Fault, highlighting the potential for significant gold mineralization across this structural feature.Understanding the Mineralization:
These intercepts are interpreted to represent a sub-vertical feeder zone intersecting a flat-lying horizon of mineralization that dips westward. The high-grade gold horizons are largely associated with a rhyolitic intrusion and surrounding silica breccia, suggesting a strong link between these geological features and the deposition of gold. The presence of a 70m to 100m thick horizon, rich in carbonates, within which gold is preferentially deposited, further supports this theory.
Expanding Mineralized Area:
The recent drilling has resulted in a significant expansion of the mineralized area in the northern WAGZ, now measuring 250m E-W by 170m N-S. This area hosts thick packages of consistent oxide mineralization, with grades particularly strong within the graben bounded by the West Atlanta Fault on the east side. The mineralization remains open to the west, highlighting the potential for further discoveries through deeper drilling planned for Phase III. Notably, all mineralization intersected in this area is heavily oxidized, indicating a favorable geological environment for efficient gold recovery.
A Robust Exploration Strategy:
Nevada King has completed a comprehensive drilling program, encompassing 39 holes from Phase I and Phase II drilling, along both sections 14 and 15. This represents an 84% increase in drilling compared to historical data, effectively developing a solid footprint of consistent, thick mineralization. The company’s exploration strategy is anchored by the observed connection between high-grade mineralization and rhyolitic intrusions, a model that will be pursued in previously untested target areas located up to 4km outside of the current resource zone, in all directions.
Cal Herron, Exploration Manager of Nevada King, stated:
“Holes reported today complete sections 22-15N(3) and 22-14N(2) for the Phase II drilling program. Drilling in the northern portion of the WAGZ has resulted in a large mineralized area measuring 250m E-W by 170m N-S hosting thick packages of consistent oxide mineralization. Grades are strongest within the graben bounded by the West Atlanta Fault on the east side and remain open to the west awaiting further deep drilling in Phase III following the discovery of AT24WS-83 and AT24WS-84 (see October 21, 2024 release). All mineralization intersected in this area is heavily oxidized and many of the holes drilled often have intervals exceeding 10g/t. Nevada King completed 39 holes from Phase I and Phase II drilling along both sections 14 and 15, thereby increasing the drilling by 84% from historical drill data (six drill holes) and developing a strong footprint of consistent, thick mineralization. The close connection we have consistently observed between high-grade mineralization and rhyolitic intrusions, as shown in Figure 4, exemplifies one such model that will soon be pursued in previously untested target areas located 0.5km to 4km outside of the current resource zone — in all directions.”
Looking Ahead:
The Atlanta Gold Mine Project continues to demonstrate significant potential. Nevada King’s ongoing exploration program, coupled with its strategic approach to understanding the key geological factors driving gold mineralization, positions the company for continued success and potentially significant resource expansion in the future.
About Nevada King Gold Corp.
The Atlanta Mine, Nevada King’s flagship project, has a long history of gold and silver production. It boasts a NI 43-101 compliant pit-constrained resource of 460,000 oz Au in the measured and indicated category (11.0M tonnes at 1.3 g/t) plus an inferred resource of 142,000 oz Au (5.3M tonnes at 0.83 g/t).
For more information about Nevada King Gold Corp., please visit their website at www.nevadaking.ca
