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. 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. (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.
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.