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Nevada King Gold Corp. reports exploration and corporate developments for its 100% owned Atlanta Gold Mine Project in eastern Nevada. News releases focus on drilling and assay results across the Atlanta Resource Zone, Silver Park East, Atlanta North, Atlanta South and Western Rim targets, with recurring references to oxide gold-silver mineralization, reverse-circulation drilling and target expansion.
Company updates also cover project permitting under BLM processes, acquisition of Silver Park patented mining claims, NI 43-101 mineral-resource disclosure, leadership and governance changes, investor-relations engagements, financing activity and share-capital actions tied to the company's public listings on the TSX Venture Exchange and OTCQB.
Nevada King Gold (NKGFF) has allocated C$8M of its treasury to exchange-traded securities backed by physical gold bullion held by the Royal Canadian Mint, giving exposure to approximately 1,240 oz of gold at an average acquisition cost of about US$4,340 per ounce.
The company does not expect to liquidate this gold position for at least 12 months and plans to fund anticipated spending, including its Phase 4 drill program, from interest-bearing operating accounts and about C$5M in short-term investments such as GICs and short-duration investment-grade debentures. As of September 21, 2026, cash, short-term investments, and gold holdings totaled roughly C$16M. Management notes this approach ties a portion of the treasury to movements in the gold price.
Nevada King Gold (TSXV: NKG, OTCQX: NKGFF) has secured a fourth drill rig, a second Rotary Air Blast (RAB) rig, for its 100%-owned Atlanta Gold Mine Project in southeast Nevada. The additional RAB rig, expected on site in September, will complement two reverse circulation (RC) rigs and work outside the 40,000m Phase 4 RC program, which is about 20,000m complete.
Road construction at Atlanta South is now finished, enabling RC drilling to start, while equipment is moving to build access on East Ridge. This will allow RC drilling below the 30m depth limit of RAB holes in Q4. Nevada King has also outlined a new, undrilled Splay Zone target (about 500m by 300m) immediately north and east of the Atlanta pit, on strike with structures hosting the Company’s 1,020koz M&I oxide resource. Recent East Ridge RAB drilling returned intercepts including 4.68 g/t Au over 7.3m and 1.00 g/t Au over 26.8m, and the Company now interprets the Splay Zone, East Ridge Target, and Atlanta Resource Zone as parts of a single mineralizing system offset around an uplifted fault block.
Nevada King Gold (OTCQX: NKGFF) reported the results of its shareholder meeting held on August 20, 2026. Shareholders approved the re-election of Collin Kettell, John Sclodnick, William Hayden and Michael Doolin to the Board of Directors. A total of 65,425,430 common shares, representing about 65.19% of outstanding shares as of the record date, were represented in person or by proxy. Shareholders also approved the re-appointment of Davidson & Company LLP as auditor, with remuneration to be set by the Board, and renewed the Company’s stock option plan, in line with the Management Information Circular dated July 2, 2026.
Nevada King Gold (TSXV: NKG, OTCQX: NKGFF) received Bureau of Land Management approval for its fifth and largest Plan of Operations modification at the 100%-owned Atlanta Gold Mine Project in Nevada, adding 482 new drill sites (78 RC and 404 RAB).
The company is mobilizing a third drill rig, a second RC rig that will operate alongside the existing RC and RAB rigs on continuous two 12-hour shifts. According to Nevada King, it holds approximately C$18.1 million in cash and equivalents, fully funding the 40,000m Phase 4 RC drill program, of which about 12,000m have been drilled. PoO Mod 5 adds 21.1 acres of disturbance, bringing the project total to 73.4 acres, with new sites concentrated in the Atlanta South, Silver Park, and Western Rim target areas.
Nevada King (OTCQX:NKGFF) reported new RAB drill results from the East Ridge Target at its Atlanta Gold Mine Project in Nevada.
Key near-surface oxide gold intercepts include 4.68 g/t Au over 7.3m and 1.00 g/t Au over 26.8m, both bottoming in mineralization and located east of the current resource.
Nevada King (OTCQX:NKGFF) began trading on the OTCQX Best Market on June 26, 2026, graduating from the OTCQB Venture Market. OTCQX is the top OTC tier, requiring higher financial standards, strong governance, and regulatory compliance.
The move aims to boost U.S. investor visibility, particularly as the company advances its 40,000-metre Phase 4 drill program at the Atlanta Gold Mine project. Nevada King’s shares continue trading on the TSX Venture Exchange (TSXV:NKG), with no change to share capital.
Nevada King Gold Corp (OTCQB: NKGFF) will consolidate its issued common shares on a 1-for-5 basis, effective May 7, 2026. The company expects post-consolidation share count of 100,366,913 from 501,834,569 pre-Consolidation shares, with rounding rules for fractions. New ISIN: CA64135V2049; new CUSIP: 64135V204. The company retains the name Nevada King Gold Corp and trading symbol NKG. Outstanding options will be adjusted proportionately and registered holders will receive transmittal instructions from the transfer agent.
Nevada King (OTCQB: NKGFF) doubled its Phase 4 RC drill program to 40,000 metres, reports assay results from Silver Park East and advances project-wide permitting.
Key items: BLM approved an NOI for 33 Western Rim RC sites; PoO Mod 5 is being advanced to permit 78 RC and 404 RAB sites; Silver Park drill highlights include 0.30 g/t Au over 39.6m and 0.14 g/t Au over 158.5m.
Nevada King (OTCQB: NKGFF) released assays from Silver Park East (SPE), including RAB and RC drilling that intercepted at-surface oxide gold-silver mineralization. Highlights include 0.93 g/t AuEq over 14.6m and confirmation of mineralization across a 300m by 500m footprint, plus surface mineralization 350m south of SPE. Phase 4 is ongoing; 2,100m of a fully funded 20,000m RC program is complete and additional RC assays are due later this month.
Nevada King (OTCQB: NKGFF) reviewed 2025 achievements and outlined a 2026 exploration plan at its 100% owned 130 km2 Atlanta Gold Mine Project in Nevada. Key 2025 results include a 122% increase in measured and indicated oxide resources to >1.0 Moz contained in 27.7 Mt grading 1.14 g/t Au, completion of a 30,000 m Phase 3 drill program that discovered multiple oxide targets (notably Silver Park East), and metallurgical work supporting a simplified flowsheet with ROM heap leach and two-stage crushing. Leadership additions and QA/QC protocols were announced. The company is fully funded for a Phase 4 20,000 m 2026 program focused on Silver Park East, Atlanta South/North, and Western Rim.