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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 Corp. (TSXV: NKG, OTCQX: NKGFF) announced positive assay results from six RC holes and one core hole at its Atlanta Gold Mine Project in Nevada, revealing significant gold (Au) and silver (Ag) mineralization. Highlights include hole AT22NS-54, which returned 45.7m at 4.21 g/t Au and 79.6 g/t Ag, and AT22HG-3T, with 93.6m averaging 2.18 g/t Au and 17.1 g/t Ag. Continuous mineralization across various sections supports the geologic model, indicating robust potential for resource expansion. The company plans to focus on defining high-grade zones and increasing drilling efforts in 2023.