Welcome to our dedicated page for Nevada King Gold news (Ticker: NKGFF), a resource for investors and traders seeking the latest updates and insights on Nevada King Gold stock.
Nevada King Gold Corp. (NKGFF) generates a steady flow of technical and corporate news centered on its 100% owned Atlanta Gold Mine Project in eastern Nevada. Company releases frequently update investors on drilling progress, resource work, permitting, and corporate developments related to this past producing, oxide-focused gold and silver project along the Battle Mountain trend.
News coverage often highlights results from multi-phase reverse-circulation drill programs at key targets such as the Atlanta Resource Zone, Silver Park and Silver Park East, Atlanta South, Atlanta North, and the Western Rim. These updates include reported intercepts, footprint extensions of mineralization, and interpretations of geological and geophysical data that shape Nevada Kings exploration strategy.
In addition to drill results, Nevada Kings news stream covers NI 43-101 resource estimates, metallurgical testing that supports potential processing flowsheets, and approvals for Plan of Operations modifications that allow new drill sites. The company also announces corporate milestones, including its graduation to Tier 1 status on the TSX Venture Exchange, leadership appointments, stock option grants, and agreements with marketing and research firms.
Investors following NKGFF news can track how Nevada King advances its pit-constrained oxide resource, evaluates satellite target potential at areas like Silver Park East and Western Rim, and applies geophysics, hyperspectral data, and machine learning to refine targets. This page aggregates those releases so readers can review the technical context, exploration milestones, and corporate actions that influence Nevada Kings project and capital markets profile.
Nevada King Gold Corp. (TSXV: NKG) (OTC: NKGFF) has identified five new high-priority drill-ready regional exploration targets at its Atlanta Gold Mine Project in Nevada. The targets - Lone Ranger, Northeast, Crossroads, Bounty, and Jumbo - cover a combined 13.9km2 area north and northeast of the historical Atlanta Mine.
These targets were identified using geophysical data from CSAMT, drone magnetics, and gravity surveys. They occur where intrusive bodies coincide with major basement faults that potentially channeled gold-bearing fluids. The company plans a Phase III regional drilling program to test these targets, pending BLM approval.
The targets are mostly buried under barren dolomite, post-mineral volcanics, and alluvium. Three have never been drill-tested, while two have a few shallow historical holes. This exploration strategy follows recent discoveries near the Atlanta resource zone based on CSAMT signatures.
Nevada King Gold Corp. (TSXV: NKG) (OTC: NKGFF) has acquired an option to purchase a 100% interest in the Silver Park property, located within the Atlanta Project boundary in Lincoln County, Nevada. The property, consisting of three contiguous patented land parcels totaling approximately 24 hectares, adds private ground to the Atlanta Project, offering increased flexibility for permitting and potential future mining infrastructure. The option agreement involves the issuance of 100,000 common shares to Ofor Silver, at a deemed value of $0.41 per share, totaling $41,000. Nevada King can exercise the option by paying US$75,000 before July 30, 2034. The Silver Park area has a history of silver and gold mineralization discovery dating back to 1869, with production and shallow mineralization identified through drilling in 1975.
Nevada King Gold Corp. (TSXV: NKG) (OTC: NKGFF) announces the start of geophysical surveys at its Atlanta Gold Mine Project in Nevada. The surveys, including CSAMT, IP, Drone Radiometrics, and Spectral Imaging, aim to identify potential mineralization areas and refine blind targets. Previous CSAMT surveys led to discoveries at East Ridge Target, South Quartzite Ridge Target, and Wild West Zone.
The Phase III CSAMT survey will cover 69.4 line-kilometers, while IP surveys will evaluate anomalies across 13.25 line-kilometers. Drone Radiometric surveys will cover 9 km² to detect potential intrusive-related mineralization. The company will use GeoExploration 's AI-backed CAGE-IN technology to analyze data and identify potential intrusive bodies for future drilling programs.
Recent drilling intersected 68.6 meters grading 5.14 g/t gold and 16 g/t silver within an intrusive-style gold mineralization zone, supporting the presence of multiple intrusive bodies on the property.
Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) has announced significant gold intercepts from its Atlanta Gold Mine Project in Nevada. The company discovered a new mineralized area called the Wild West Zone (WWZ), located approximately 150m west of the Atlanta resource zone. Key highlights include:
- Hole AT24WS-83: 42.7m of 4.67 g/t Au, including 18.3m of 7.94 g/t Au
- Hole AT24WS-80: 35.1m of 2.66 g/t Au, including 9.1m of 5.06 g/t Au
- Hole AT24WS-69: 73.2m of 1.48 g/t Au, including 4.6m of 4.97 g/t Au
The WWZ measures up to 200m east-west and over 500m north-south, remaining open to the west and south. This discovery, along with recent finds at East Ridge and South Quartzite Ridge, significantly expands the potential of the Atlanta project.
Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) and NV King Goldlands Inc. have completed their strategic reorganization, spinning out all of Nevada King's concessions except the Atlanta Gold Mine Project. Shareholders received one new Nevada King share and one-thirtieth of an NV Goldlands share for each Nevada King share held. NV Goldlands now holds target areas along the Battle Mountain trend, including Lewis, Horse Mountain-Mill Creek, and Iron Point projects.
Nevada King granted NV Goldlands a 3.0% net smelter return (NSR) royalty on gold and silver production from Atlanta. NV Goldlands will operate as a reporting issuer but won't be listed on a public stock exchange. Collin Kettell, a significant shareholder, received 2,066,034 NV Goldlands shares and 271,833 options, representing approximately 19.95% of NV Goldlands' shares if options are exercised.
Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) has received court approval for its plan to spin out non-Atlanta claims to shareholders. The arrangement, approved by 96.30% of shareholder votes, is expected to be effective on August 1, 2024. Shareholders of record as of July 31, 2024, will receive one new Nevada King common share and one-thirtieth of a SpinCo common share for each existing share held. SpinCo will also be granted a 3.0% net smelter return royalty on gold and silver production from the Atlanta Gold Mine Project. The spin-out is subject to final TSXV approval and other customary closing conditions.
Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) announced significant drill results from its Atlanta Gold Mine Project in Nevada. Hole AT24HG-41 intercepted 6.28 g/t Au over 54.9m in intrusive rocks beneath a quartzite cap, extending mineralization southward under the South Quartzite Ridge Target (SQRT). This high-grade intercept opens up new exploration potential in the 2.5km long SQRT area, which was previously untested. The mineralization is hosted in altered rhyolitic intrusive rocks, suggesting potential for a significant gold system similar to the Round Mountain mine. The results highlight the importance of testing for blind mineralization under the quartzite unit and expand the prospective area for the Atlanta resource.
Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) shareholders have approved the spin-out of all company concessions and properties, except the Atlanta Gold Mine Project, to a new entity named NV King Goldlands Inc. The spin-out includes granting a 3.0% net smelter return royalty on gold and silver production from Atlanta to SpinCo. The arrangement was approved by 96.30% of shareholder votes. SpinCo will control over 193,000 acres (9,682 claims) along the Battle Mountain Trend, making it the third largest mineral claim holder in Nevada. The spin-out is expected to be effective around August 1, 2024, subject to court approval. Nevada King shares will continue trading on TSXV and OTC Markets, while SpinCo shares will not be listed initially.
Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) has announced a new at-surface oxide gold discovery at the East Ridge Zone (ERZ) of its Atlanta Gold Mine Project in Nevada. Key highlights include:
- Intercept of 1.32 g/t Au over 22.9m in hole AT24ET-11
- Gold mineralization found in 5 widely spaced holes over a 100m x 200m area
- Mineralization hosted in silica breccia and intrusive rock, open to 57m depth
- ERZ represents the first satellite gold discovery at Atlanta, demonstrating district-scale potential
- Discovery based on geophysical anomaly, opening up numerous additional target areas
The company is now testing extensions of the ERZ along the geophysical anomaly and exploring for depth and width of mineralization.
Nevada King Gold Corp. has launched its 2024 reconnaissance drilling program at the Atlanta Gold Mine Project located in the Battle Mountain Trend, Nevada. The program aims to drill test the East Ridge Target, a 1,000m north-south striking zone, for gold surface anomalies identified during a 2021 mapping and sampling program. The drilling will occur at six sites along newly constructed roads to evaluate depth and strike extensions of these anomalies. Preliminary results from geophysical surveys conducted in 2022 and 2023 support the presence of gold-bearing intrusions. The company has already completed road and drill pad construction, and drilling is now underway. All samples will undergo rigorous QA/QC protocols, ensuring accurate and reliable assay results.