Nevada King Gold Corp Stock Price, News & Analysis

Nevada King Gold Corp. (TSXV: NKG, OTCQX: NKGFF) has announced assay results from its Atlanta Gold Mine Project, revealing significant gold and silver mineralization. Recent drilling included nine reverse circulation holes aiming to assess the mineralized fault blocks in the Atlanta Mine Fault Zone. Notable results include AT23WS-22, yielding 5.64 g/t Au over 42.8m, with a highlight of 28.5 g/t Au over 7.6m. The discovery is positioned 290m northwest of the Atlanta pit, indicating promising high-grade mineralization. Historical comparisons show that Nevada King’s drilling has identified higher grades and thicker intervals than past efforts. The company holds approximately $7.25 million in cash and aims to expand its mineral resources further.

Nevada King Gold Corp. has announced significant assay results from the Atlanta Gold Mine Project in Nevada. The results are based on nine vertical reverse circulation drill holes. Highlights include hole AT22HG-18, which intercepted 1,084 g/t silver over 10.7 meters within a 33.5-meter interval grading 2.35 g/t gold. This is notable as the high-grade mineralization occurs along the Atlanta Mine Fault Zone, suggesting strong potential for further discovery in the area. Additionally, similar patterns of structural offsets and mineralization continuity have been observed, reinforcing the geological promise of the project. The company holds significant resources, with 460,000 oz Au in the measured and indicated category. As of April 2023, Nevada King is well-funded with approximately $7.25 million in cash.

Nevada King Gold Corp. (TSXV: NKG, OTCQX: NKGFF) announced promising assay results from six vertical reverse circulation drill holes at its Atlanta Gold Mine Project, located northeast of Las Vegas. Key findings show significant intercepts of high-grade gold mineralization, notably in hole AT22NS-87 with 47.3m at 2.16 g/t Au and AT22NS-88 with 45.7m at 1.28 g/t Au. The drilling targeted areas previously unexamined, revealing new high-grade zones previously missed in historic drilling efforts. The Atlanta Mine hosts a NI 43-101 compliant resource of 460,000 oz Au in measured and indicated categories, reflecting strong potential for further resource expansion. As of April 2023, the company is well-funded with approximately $7.25 million in cash, supporting ongoing exploration efforts.

Nevada King Gold Corp. (OTCQX: NKGFF) has released promising results from its 2022 Phase II drilling program at the Iron Point Project in Nevada. The program confirmed multiple Carlin-type gold zones in Lower Plate carbonate rocks, with significant intercepts including 5.35 g/t Au over 4.8 meters in hole IP22-005. The drilling targeted areas around the Edna Mountain Structural Zone, revealing high-value exploration potential. With around $7.25 million in cash, Nevada King is positioned to advance its exploration strategy further.

Nevada King Gold Corp. (TSXV: NKG; OTCQX: NKGFF) announced high-grade gold assay results from recent drilling at the Atlanta Gold Mine, located in Nevada's Battle Mountain Trend. Key findings include:

• Hole AT22HG-8T intercepted 2.74 g/t Au over 89.3 m, with a peak of 7.65 g/t Au over 13.4 m.
• WAG mineralization is 150m wide and between 50-125m thick.
• Drilling continues to explore resource potential with metallurgical tests showing high cyanide solubility for potential heap-leach recovery.

The company, now well-funded with $7.25 million in cash, aims to further define high-grade zones to enhance mining potentials.

Nevada King Gold Corp. (TSX-V: NKG, OTCQX: NKGFF) announced an update on its 2023 Phase II drilling program at the Atlanta Gold Mine Project located in Nevada. Since June 2022, the company has drilled 26,465 meters, with assays from 97 holes reported and 91 holes pending. Key highlights include the discovery of the West Atlanta Graben Target with significant gold intercepts of 1.03 g/t Au over 181.4m and 0.98 g/t Au over 163.1m. Nevada King plans to accelerate drilling by procuring additional rigs. The Atlanta site has an NI 43-101 compliant resource of 460,000 oz Au in measured and indicated categories.

Nevada King Gold Corp. (OTCQX: NKGFF) announced assay results from two reverse circulation holes at its Atlanta Gold Mine Project, revealing significant gold mineralization. Notably, hole AT22SE-4 intercepted 181.4m at 1.03 g/t Au, while hole AT22SE-42 showed 79.3m at 1.50 g/t Au. The results extend the mineralization zone 50m west of previous drilling, suggesting a thick, uniform mineralized zone averaging around 1 g/t Au. This discovery opens a new target area, the West Atlanta Graben, for further exploration and potential resource expansion. The company is well funded, with approximately $8.4 million in cash as of March 2023.