NEVADA KING STRIKES BONANZA OXIDE GOLD WITH 11.64 G/T AU OVER 108.3M, INCLUDING 37.16 G/T AU OVER 29M AT ATLANTA
Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) is pleased to announce assay results from three, vertical reverse circulation (RC) holes recently completed at its Atlanta Gold Mine Project located in Nevada. The highlight hole, AT23WS-44, reported a 108.2m intercept with 11.65g/t Au, including a 29m interval with 37.16g/t Au. The high-grade mineralization is interpreted to be hosted within flat-lying replacement horizons, indicating potential for further expansion of bonanza grade mineralization.
- The high-grade mineralization reported in AT23WS-44 is the most gold-rich drill hole ever recorded at the Atlanta Gold Mine Project, indicating significant potential for the company.
- The presence of very high-grade zones or 'jewelry boxes' at the juncture between sub-vertical feeder zones and flat-lying horizons of replacement-type mineralization supports the potential for further high-grade mineralization.
- The consistent results from duplicate fire assays of all high-grade intervals indicate high reproducibility and minimal nugget effect, enhancing the reliability of the reported assay results.
- None.
Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) |
AT23WS-44 | 214.9 | 323.2 | 108.2 | 11.64 | 17.4 |
Includes | 274.4 | 303.4 | 29.0 | 37.16 | 34.4 |
Includes | 283.5 | 286.6 | 3.0 | 162.6 | 15.6 |
Table 1. Highlight hole released today. This hole is interpreted to have intersected a sub vertical feeder zone cutting through a flat-lying horizon of mineralization that generally dips westward. For discussion of true thickness, see detailed interpretation section and accompanying discussion below.
- 11.64 g/t Au over 108.2m, including 37.16 g/t Au over 29.0m in AT23WS-44 is the most gold rich drill hole ever recorded at
Atlanta and contains the highest-grade individual drill assay interval ever reported from the project of 169.8 g/t Au over 1.5m. See Table 2 below for a detailed breakdown of the full 29m high grade interval and Table 3 for the complete detailed breakdown of the 108.2m intercept. - AT23WS-44 was sited 120m northwest of the
Atlanta pit to locate and test the West Atlanta Fault #1 (WAF1) and was collared 20m west of previously reported AT22WS-5C (1.08 g/t Au over 112.7m) and 22m east of previously reported AT23WS-20 (3.04 g/t Au over 61.1m). - The Company's new geological model supports the presence of very high-grade zones or 'jewelry boxes' that can occur at the juncture between sub-vertical feeder zones and flat-lying horizons of replacement-type (
Carlin -type) mineralization. Figure 1 below depicts a conceptual cross section across the high-grade feeder zone hit in AT23WS-44 based on a generalizedCarlin -type geological model.
Figure 1. Conceptual cross section across high-grade feeder zone hit in AT23WS-44 utilizing a well known, generalized
- As shown above, AT23WS-44 is interpreted to have penetrated the mineralized zone near the middle of a high-grade zone close to and possibly intersecting the WAF1. AT23WS-20 intersected the western portion of the +3 g/t Au high-grade zone while AT23WS-5C on the east narrowly missed the high-grade domain.
- Now with WAF1 firmly located, the Company is planning to follow up on AT23WS-44 with closely spaced vertical holes east and west to better determine the lateral extent and grade distribution in and around the feeder structure, while also following it along strike, where it remains open to the north and south.
- Mineralization in this high-grade interval is strongly oxidized as demonstrated by the Au cyanide solubility analyses in Table 2 below. Visible gold has not been observed in the cuttings. The absence or paucity of coarse-grained gold is supported by the consistent results from duplicate fire assays of all high-grade intervals (see Table 7).
Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) | AuCN (g/t) | Ag (g/t) |
AT23WS-44 | 274.4 | 275.9 | 1.5 | 25.92 | 22.23 | 14.3 |
AT23WS-44 | 275.9 | 277.4 | 1.5 | 22.52 | 18.81 | 13.7 |
AT23WS-44 | 277.4 | 279.0 | 1.5 | 16.60 | 16.06 | 17.6 |
AT23WS-44 | 279.0 | 280.5 | 1.5 | 30.00 | 25.08 | 21.3 |
AT23WS-44 | 280.5 | 282.0 | 1.5 | 57.15 | 43.99 | 14.2 |
AT23WS-44 | 282.0 | 283.5 | 1.5 | 34.57 | 28.12 | 13.4 |
AT23WS-44 | 283.5 | 285.1 | 1.5 | 169.80 | >100 | 13.2 |
AT23WS-44 | 285.1 | 286.6 | 1.5 | 155.40 | >100 | 18 |
AT23WS-44 | 286.6 | 288.1 | 1.5 | 47.95 | 41.80 | 40.2 |
AT23WS-44 | 288.1 | 289.6 | 1.5 | 13.20 | 11.78 | 27.5 |
AT23WS-44 | 289.6 | 291.2 | 1.5 | 13.88 | 11.97 | 23.5 |
AT23WS-44 | 291.2 | 292.7 | 1.5 | 6.68 | 5.31 | 33.2 |
AT23WS-44 | 292.7 | 294.2 | 1.5 | 11.92 | 9.60 | 46.6 |
AT23WS-44 | 294.2 | 295.7 | 1.5 | 18.05 | 15.87 | 42.8 |
AT23WS-44 | 295.7 | 297.3 | 1.5 | 13.55 | 11.02 | 42.9 |
AT23WS-44 | 297.3 | 298.8 | 1.5 | 11.22 | 10.17 | 75.8 |
AT23WS-44 | 298.8 | 300.3 | 1.5 | 13.37 | 11.50 | 47.3 |
AT23WS-44 | 300.3 | 301.8 | 1.5 | 19.60 | 14.73 | 64.3 |
AT23WS-44 | 301.8 | 303.4 | 1.5 | 25.12 | 20.05 | 83.6 |
Table 2. Assay results for 29m thick high grade oxide interval averaging 37.16g/t Au in AT23WS-044 on a 1.52m basis. Gold grades being reported are based on averaging the 30gm ICP analyses with the corresponding gravimetric analyses.
Cal Herron, Exploration Manager of
- AT23WS-20, located 20m west of AT23WS-44, returned 27.6m @ 4.67 g/t Au from 1730m-1758m a.s.l.
- AT23WS-22, located 68m west of AT23WS-44, returned 7.6m @ 28.5 g/t Au from 1743-1750m a.s.l.
- AT22WS-2, located 41m north of AT23WS-44, returned 33.6m @ 4.10 g/t Au from 1746m-1780m a.s.l.
- AT23WS-23, located 63m northwest of AT23WS-44, returned 12.2m @ 8.78 g/t Au from 1745m-1757m a.s.l.
Elsewhere within the
- AT21-62 returned 10.7m @ 11.19 g/t Au from 1942m-1953m a.s.l.
- AT23NS-116 returned 4.6m @ 7.31 g/t Au from 1937m-1942m a.s.l.
- AT22NS-81T returned 5.3m @ 10.73 g/t Au from 1925m-1931m a.s.l.
The same pattern is apparent across the southern portion of the WAGZ –
- AT22-8T returned 13.4m @ 7.65 g/t Au from 1879m-1893m a.s.l.
- AT22SE-42 returned 13.7m @ 4.05 g/t from 1864m-1888m a.s.l.
- AT23HG-28 returned 12.2m @ 7.59 g/t Au from 1841m-1854m a.s.l.
- AT23HG-34 returned 27.4m @ 4.50 g/t Au from 1841m-1870m a.s.l.
- AT22HG-13 returned 12.2m @ 17.59 g/t Au from 1875m-1887m a.s.l.
The high grade intercepts cited above occur within discrete groups or clusters located across the entire resource zone, with holes in each cluster sharing the same elevation ranges. This argues strongly for the high-grades being hosted within near-horizontal replacement horizons versus narrow, high-angle faults/veins. If these intercepts occurred along high-angle fault surfaces, we would not see a uniform horizontal geometry, instead the intercept elevations within an individual cluster of holes proximal to each other would indicate a steeply dipping plane. Close-spaced drilling along suspected high-grade zones has now provided
Figure 2. Location map for holes reported in this news release along drill Section22-15N(2) relative to the perimeter of the historical Atlanta Pit and footprint of the Gustavson 2020 NI 43-101 resource. Shallow drillholes on the mine dumps have been removed from the plot for clarity.
Figure 3. Cross section 22-15N(2) looking north across the northern portion of the Atlanta Mine Fault Zone and West Atlanta Graben Zone.
- Holes AT23WS-25A (24.4m grading 1.19 g/t Au from 318.6 to 343.0m) and AT23WS-41 (22.9m grading 0.293 g/t Au from 335.4 to 358.2m) were drilled west of previously reported hole AT23WS-22 (42.8m @ 5.64 g/t Au) in order to define the western boundary of the WAGZ. Both of these new holes hit deeper, lower grade mineralization on the west side of the West Atlanta Fault #2 (WAF2), which bounds the western margin of the WAGZ. Gold grade in this area clearly decreases westward from the WAF2.
- The high grade intercept in previously reported hole AT23WS-22 (42.8m @ 5.64 g/t Au) is attributed to close proximity to the WAF2. Now that we know where this fault is located, we will be drilling along strike of it to the north and south in order to further extend the higher-grade mineralization.
- Additional in-fill drilling is needed between AT23WS-5C and AT23NS-104 in order to fill a large 88m gap that currently exists between AT23WS-5C and the West Atlanta Fault (see Figure 3).
The Company's interpretation of today's highlight interval is that gold mineralizing fluids have migrated laterally from the high-angle WAF1 (the feeder structure) into a larger receptive, flat-lying breccia horizon with gold grades generally decreasing gradationally with horizontal distance from the feeder structure (Figure 1). The Company does not have sufficient data to accurately estimate true width of the high grade feeder structure, but true thickness of the high grade zones within the overall flat-lying mineralized horizon is far more apparent. As an example, simply comparing the 29m-thick high grade intercept (37.16 g/t Au) in AT23WS-44 with the 27.4m high grade intercept (4.67 g/t Au) in AT23WS-20 illustrates the flat-lying nature of the high grade horizon connecting these two holes. The mineralized zone in AT23WS-44 starts at an elevation of 1770m a.s.l. (above sea level) while the same mineralized horizon in AT23WS-20, located 21m to the west of AT23WS-44, starts at an elevation of 1758m a.s.l. This flat-lying geometry to the replacement horizon is noted throughout the
Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) |
AT23WS-44 | 214.9 | 216.5 | 1.5 | 1.47 | <0.5 |
AT23WS-44 | 216.5 | 218.0 | 1.5 | 1.51 | <0.5 |
AT23WS-44 | 218.0 | 219.5 | 1.5 | 2.72 | <0.5 |
AT23WS-44 | 219.5 | 221.0 | 1.5 | 1.70 | <0.5 |
AT23WS-44 | 221.0 | 222.6 | 1.5 | 0.85 | <0.5 |
AT23WS-44 | 222.6 | 224.1 | 1.5 | 0.40 | <0.5 |
AT23WS-44 | 224.1 | 225.6 | 1.5 | 0.26 | <0.5 |
AT23WS-44 | 225.6 | 227.1 | 1.5 | 0.27 | <0.5 |
AT23WS-44 | 227.1 | 228.7 | 1.5 | 0.72 | 0.8 |
AT23WS-44 | 228.7 | 230.2 | 1.5 | 0.76 | 0.9 |
AT23WS-44 | 230.2 | 231.7 | 1.5 | 0.33 | 2.1 |
AT23WS-44 | 231.7 | 233.2 | 1.5 | 0.24 | 2.9 |
AT23WS-44 | 233.2 | 234.8 | 1.5 | 0.39 | 2.5 |
AT23WS-44 | 234.8 | 236.3 | 1.5 | 0.22 | 2.5 |
AT23WS-44 | 236.3 | 237.8 | 1.5 | 0.24 | 5 |
AT23WS-44 | 237.8 | 239.3 | 1.5 | 0.51 | 8.1 |
AT23WS-44 | 239.3 | 240.9 | 1.5 | 1.26 | 8 |
AT23WS-44 | 240.9 | 242.4 | 1.5 | 1.83 | 9.2 |
AT23WS-44 | 242.4 | 243.9 | 1.5 | 3.41 | 9.1 |
AT23WS-44 | 243.9 | 245.4 | 1.5 | 5.85 | 15.5 |
AT23WS-44 | 245.4 | 247.0 | 1.5 | 3.84 | 9 |
AT23WS-44 | 247.0 | 248.5 | 1.5 | 3.57 | 7.1 |
AT23WS-44 | 248.5 | 250.0 | 1.5 | 1.82 | 4.9 |
AT23WS-44 | 250.0 | 251.5 | 1.5 | 2.15 | 6.9 |
AT23WS-44 | 251.5 | 253.0 | 1.5 | 6.68 | 11.6 |
AT23WS-44 | 253.0 | 254.6 | 1.5 | 9.88 | 18.3 |
AT23WS-44 | 254.6 | 256.1 | 1.5 | 5.72 | 12.7 |
AT23WS-44 | 256.1 | 257.6 | 1.5 | 3.23 | 12.2 |
AT23WS-44 | 257.6 | 259.1 | 1.5 | 0.35 | 7.5 |
AT23WS-44 | 259.1 | 260.7 | 1.5 | 0.09 | 6.3 |
AT23WS-44 | 260.7 | 262.2 | 1.5 | 0.13 | 6.1 |
AT23WS-44 | 262.2 | 263.7 | 1.5 | 0.15 | 5.8 |
AT23WS-44 | 263.7 | 265.2 | 1.5 | 0.31 | 14.6 |
AT23WS-44 | 265.2 | 266.8 | 1.5 | 0.54 | 12.2 |
AT23WS-44 | 266.8 | 268.3 | 1.5 | 0.81 | 25.2 |
AT23WS-44 | 268.3 | 269.8 | 1.5 | 0.98 | 20.6 |
AT23WS-44 | 269.8 | 271.3 | 1.5 | 1.35 | 25.7 |
AT23WS-44 | 271.3 | 272.9 | 1.5 | 1.54 | 11 |
AT23WS-44 | 272.9 | 274.4 | 1.5 | 8.96 | 12.1 |
AT23WS-44 | 274.4 | 275.9 | 1.5 | 25.92 | 14.3 |
AT23WS-44 | 275.9 | 277.4 | 1.5 | 22.52 | 13.7 |
AT23WS-44 | 277.4 | 279.0 | 1.5 | 16.60 | 17.6 |
AT23WS-44 | 279.0 | 280.5 | 1.5 | 30.00 | 21.3 |
AT23WS-44 | 280.5 | 282.0 | 1.5 | 57.15 | 14.2 |
AT23WS-44 | 282.0 | 283.5 | 1.5 | 34.57 | 13.4 |
AT23WS-44 | 283.5 | 285.1 | 1.5 | 169.80 | 13.2 |
AT23WS-44 | 285.1 | 286.6 | 1.5 | 155.40 | 18 |
AT23WS-44 | 286.6 | 288.1 | 1.5 | 47.95 | 40.2 |
AT23WS-44 | 288.1 | 289.6 | 1.5 | 13.20 | 27.5 |
AT23WS-44 | 289.6 | 291.2 | 1.5 | 13.88 | 23.5 |
AT23WS-44 | 291.2 | 292.7 | 1.5 | 6.68 | 33.2 |
AT23WS-44 | 292.7 | 294.2 | 1.5 | 11.92 | 46.6 |
AT23WS-44 | 294.2 | 295.7 | 1.5 | 18.05 | 42.8 |
AT23WS-44 | 295.7 | 297.3 | 1.5 | 13.55 | 42.9 |
AT23WS-44 | 297.3 | 298.8 | 1.5 | 11.22 | 75.8 |
AT23WS-44 | 298.8 | 300.3 | 1.5 | 13.37 | 47.3 |
AT23WS-44 | 300.3 | 301.8 | 1.5 | 19.60 | 64.3 |
AT23WS-44 | 301.8 | 303.4 | 1.5 | 25.12 | 83.6 |
AT23WS-44 | 303.4 | 304.9 | 1.5 | 8.11 | 93.3 |
AT23WS-44 | 304.9 | 306.4 | 1.5 | 7.41 | 66.1 |
AT23WS-44 | 306.4 | 307.9 | 1.5 | 2.38 | 10.0 |
AT23WS-44 | 307.9 | 309.5 | 1.5 | 1.79 | 8.8 |
AT23WS-44 | 309.5 | 311.0 | 1.5 | 1.67 | 12.6 |
AT23WS-44 | 311.0 | 312.5 | 1.5 | 0.88 | 8.7 |
AT23WS-44 | 312.5 | 314.0 | 1.5 | 1.29 | 5.4 |
AT23WS-44 | 314.0 | 315.5 | 1.5 | 1.22 | 6.3 |
AT23WS-44 | 315.5 | 317.1 | 1.5 | 6.38 | 12.8 |
AT23WS-44 | 317.1 | 318.6 | 1.5 | 6.81 | 20.0 |
AT23WS-44 | 318.6 | 320.1 | 1.5 | 2.01 | 11.2 |
AT23WS-44 | 320.1 | 321.6 | 1.5 | 2.09 | 15.5 |
AT23WS-44 | 321.6 | 323.2 | 1.5 | 1.39 | 11.4 |
Table 3. Assay results for 108m thick high-grade oxide interval averaging 11.65 g/t Au in AT23WS-44 on a 1.52m basis.
Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) | Notes |
AT23WS-44 | 214.9 | 323.2 | 108.2 | 11.65 | 17.4 | |
Includes | 274.4 | 303.4 | 29.0 | 37.18 | 34.4 | |
Includes | 283.5 | 286.6 | 3.0 | 162.6 | 15.6 | |
AT23WS-25A | 318.6 | 343.0 | 24.4 | 1.19 | 11.7 | Bottomed in Mineralization |
AT23WS-41 | 335.4 | 358.2 | 22.9 | 0.29 | 15.1 |
Table 4. All holes reported today along Section22-15N. Mineralization occurs along flat-lying horizons generally dipping gently westward; true mineralized thickness in vertical holes is estimated to be between
Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) | Notes |
AT23WS-22 | 288.0 | 330.8 | 42.8 | 5.64 | 6.7 | Bottomed in Mineralization |
Includes | 292.7 | 300.3 | 7.6 | 28.5 | 10.7 | |
AT23WS-21 | 280.5 | 343.0 | 62.5 | 0.31 | 3.3 | |
AT22WS-4 | 279.0 | 346.0 | 67.0 | 2.07 | 12.1 | |
Includes | 317.1 | 333.8 | 16.7 | 3.63 | 12.6 | |
AT23WS-20 | 275.9 | 337.0 | 61.1 | 3.04 | 21.4 | Bottomed in Mineralization |
Includes | 286.6 | 291.2 | 4.6 | 15.84 | 19.8 | |
AT23WS-5C | 207.3 | 320.0 | 112.7 | 1.08 | 14.8 | Bottomed in Mineralization |
AT23NS-104 | 198.2 | 244.0 | 45.8 | 0.35 | 5.0 | |
AT23NS-103 | 192.1 | 202.7 | 10.6 | 0.37 | 3.4 | |
AT23NS-102 | 129.5 | 141.8 | 12.3 | 0.41 | 23.4 | |
And | 166.2 | 190.5 | 24.3 | 0.40 | 5.2 | |
AT23NS-101 | 71.6 | 111.3 | 39.7 | 0.17 | 19.1 |
Table 5. Previously reported holes used along updated Section 22-15N. AT22 series holes were drilled by
Hole No. | From (m) | To (m) | Interval (m) | Au (g/t) | Ag (g/t) | Notes |
DHRI-11-NRC4 | 317.1 | 353.7 | 36.6 | 1.71 | 6.8 | |
KR98-21* | 242.4 | 262.2 | 19.8 | 1.19 | 1.6 | Bottomed in Mineralization |
Table 6: Historical holes used in Section 22-15N. KR98 series hole was drilled by
*Denotes angle hole.
All Reverse Circulation (RC) samples from the Atlanta Project are taken at 1.5 m intervals, split at the drill site and placed in cloth and plastic bags utilizing a nominal 2kg sample weight. Certified Reference Material (CRM) standards, blanks, and blind duplicates are inserted into the sample stream on-site on a one-in-twenty sample basis, meaning all three control inserts are included in each 20-sample group. Samples are shipped by a local contractor in large sample shipping crates directly to American Assay Lab in
Table 7 contains the complete assay report for the interval 195.1m to T.D. at 330.8m for AT23WS-44 showing sample weights as received at American Assay Lab plus lab blank, duplicate, and CRM standards along with
Wt | Au | Au | Au | ||||
BRPP2KG | FAPB30-ICP | GRAVAu30 | AuCN30 | ||||
0.01 | 0.003 | 0.103 | 0.01 | ||||
SAMPLES | Comments | From (m) | To (m) | Weight (kg) | ppm | ppm | ppm |
1880368 | 195.1 | 201.2 | 5.30 | -0.003 | -0.01 | ||
1880368-X | AAL dup of 1880368 | 0.003 | -0.01 | ||||
1880369 | 201.2 | 207.3 | 7.90 | 0.011 | 0.01 | ||
1880370 | 207.3 | 213.4 | 6.50 | -0.003 | -0.01 | ||
1880371 | 213.4 | 214.9 | 1.30 | 0.047 | 0.05 | ||
1880372 | 214.9 | 216.5 | 4.40 | 1.470 | 1.46 | ||
1880373 | 216.5 | 218.0 | 6.70 | 1.510 | 1.12 | ||
1880374 | 218.0 | 219.5 | 2.00 | 2.720 | 2.44 | ||
1880375 | NKG dup of 1880374 | 1.20 | 3.490 | 2.63 | |||
1880376 | 219.5 | 221.0 | 7.90 | 1.700 | 1.29 | ||
STD- OxC168 | AAL STD (0.213 g/t Au) | 0.223 | 0.22 | ||||
1880377 | 221.0 | 222.6 | 0.90 | 0.848 | 0.65 | ||
1880377-X | AAL dup. of 1880377 | 0.832 | 0.64 | ||||
1880378 | 222.6 | 224.1 | 5.80 | 0.399 | 0.37 | ||
1880379 | 224.1 | 225.6 | 3.20 | 0.260 | 0.24 | ||
1880380 | NKG blank | 0.70 | 0.005 | -0.01 | |||
1880381 | 225.6 | 227.1 | 4.60 | 0.271 | 0.24 | ||
1880382 | 227.1 | 228.7 | 3.60 | 0.720 | 0.65 | ||
1880383 | 228.7 | 230.2 | 6.50 | 0.759 | 0.60 | ||
1880384 | 230.2 | 231.7 | 5.40 | 0.325 | 0.26 | ||
1880385 | NKG STD (1.081 g/t Au) | 1.110 | 0.96 | ||||
1880386 | 231.7 | 233.2 | 6.60 | 0.243 | 0.20 | ||
1880387 | 233.2 | 234.8 | 1.60 | 0.390 | 0.32 | ||
1880388 | 234.8 | 236.3 | 3.70 | 0.220 | 0.17 | ||
BLANK | AAL blank | -0.003 | -0.01 | ||||
1880389 | 236.3 | 237.8 | 2.70 | 0.236 | 0.23 | ||
1880390 | NKG dup of 1880389 | 4.00 | 0.319 | 0.23 | |||
1880390-X | AAL dup of 1880390 | 0.306 | 0.24 | ||||
1880391 | 237.8 | 239.3 | 7.70 | 0.508 | 0.46 | ||
1880392 | 239.3 | 240.9 | 2.70 | 1.260 | 1.07 | ||
1880393 | 240.9 | 242.4 | 3.40 | 1.830 | 1.52 | ||
1880394 | 242.4 | 243.9 | 7.60 | 3.410 | 2.76 | ||
1880395 | 243.9 | 245.4 | 6.20 | 5.850 | 5.04 | ||
1880396 | 245.4 | 247.0 | 3.50 | 3.840 | 3.39 | ||
1880397 | 247.0 | 248.5 | 6.20 | 3.570 | 3.06 | ||
1880398 | 248.5 | 250.0 | 5.70 | 1.820 | 1.57 | ||
STD- CDN-CM-47 | AAL STD (1.13 g/t Au) | 1.140 | 1.06 | ||||
1880399 | 250.0 | 251.5 | 7.60 | 2.150 | 1.73 | ||
1880399-X | AAL dup. of 1880399 | 2.210 | 1.67 | ||||
1880400 | 251.5 | 253.0 | 2.70 | 6.680 | 6.44 | ||
1880401 | 253.0 | 254.6 | 7.10 | 9.880 | 8.29 | ||
1880402 | 254.6 | 256.1 | 5.80 | 5.720 | 5.62 | ||
1880403 | 256.1 | 257.6 | 4.30 | 3.230 | 2.97 | ||
1880404 | 257.6 | 259.1 | 1.60 | 0.348 | 0.30 | ||
1880405 | NKG dup. of 1880404 | 3.00 | 0.213 | 0.20 | |||
1880406 | 259.1 | 260.7 | 4.60 | 0.088 | 0.07 | ||
1880406-X | AAL dup. of 1880406 | 0.090 | 0.07 | ||||
BLANK | AAL blank | -0.003 | -0.01 | ||||
1880407 | 260.7 | 262.2 | 0.90 | 0.128 | 0.10 | ||
1880408 | 262.2 | 263.7 | 2.50 | 0.146 | 0.08 | ||
1880409 | 263.7 | 265.2 | 2.50 | 0.311 | 0.30 | ||
1880410 | NKG blank | 0.60 | 0.003 | -0.01 | |||
1880411 | 265.2 | 266.8 | 5.60 | 0.542 | 0.42 | ||
1880412 | 266.8 | 268.3 | 4.90 | 0.808 | 0.67 | ||
1880413 | 268.3 | 269.8 | 2.10 | 0.975 | 0.75 | ||
1880414 | 269.8 | 271.3 | 3.70 | 1.350 | 1.30 | ||
1880415 | NKG STD (0.056 g/t Au) | 0.071 | 0.05 | ||||
1880416 | 271.3 | 272.9 | 1.30 | 1.540 | 1.43 | ||
1880417 | 272.9 | 274.4 | 2.20 | 8.960 | 7.45 | ||
1880417-X | AAL dup of 1880417 | 8.800 | 7.17 | ||||
1880418 | 274.4 | 275.9 | 3.20 | 25.500 | 26.333 | 22.23 | |
1880419 | 275.9 | 277.4 | 2.70 | 22.500 | 22.533 | 18.81 | |
1880420 | NKG dup of 1880419 | 3.80 | 20.900 | 22.200 | 18.81 | ||
1880421 | 277.4 | 279.0 | 2.80 | 16.200 | 17.000 | 16.06 | |
1880422 | 279.0 | 280.5 | 1.40 | 29.800 | 30.200 | 25.08 | |
STD - SK120 | AAL STD (4.075 g/t Au) | 4.030 | 3.95 | ||||
1880423 | 280.5 | 282.0 | 6.90 | 57.100 | 57.200 | 43.99 | |
1880423-X | AAL dup of 1880423 | 55.700 | 42.47 | ||||
1880424 | 282.0 | 283.5 | 6.30 | 34.600 | 34.533 | 28.12 | |
1880425 | 283.5 | 285.1 | 7.30 | >100 | 169.800 | >100 | |
1880426 | 285.1 | 286.6 | 5.60 | >100 | 155.400 | >100 | |
1880427 | 286.6 | 288.1 | 6.80 | 47.600 | 48.067 | 41.80 | |
1880428 | 288.1 | 289.6 | 4.30 | 12.600 | 13.400 | 11.78 | |
1880429 | 289.6 | 291.2 | 1.20 | 13.500 | 14.000 | 11.97 | |
1880430 | 291.2 | 292.7 | 8.20 | 6.680 | 5.31 | ||
1880431 | 292.7 | 294.2 | 7.00 | 11.700 | 12.133 | 9.60 | |
1880431-X | AAL dup of 1880431 | 11.400 | 9.50 | ||||
1880432 | 294.2 | 295.7 | 0.90 | 17.900 | 18.200 | 15.87 | |
1880433 | 295.7 | 297.3 | 5.50 | 13.300 | 13.800 | 11.02 | |
1880434 | 297.3 | 298.8 | 4.50 | 11.100 | 11.333 | 10.17 | |
1880435 | NKG dup of 1880434 | 3.40 | 11.900 | 12.267 | 10.07 | ||
STD - OxC168 | AAL STD (0.213 g/t Au) | 0.222 | 0.22 | ||||
1880436 | 298.8 | 300.3 | 1.00 | 13.400 | 13.333 | 11.50 | |
1880437 | 300.3 | 301.8 | 3.70 | 20.000 | 19.200 | 14.73 | |
1880438 | 301.8 | 303.4 | 1.20 | 24.500 | 25.733 | 20.05 | |
1880439 | 303.4 | 304.9 | 1.30 | 8.110 | 7.09 | ||
1880440 | NKG blank | 0.60 | -0.003 | -0.01 | |||
1880441 | 304.9 | 306.4 | 1.00 | 7.410 | 6.03 | ||
1880441-X | AAL dup of 1880441 | 7.180 | 6.07 | ||||
1880442 | 306.4 | 307.9 | 1.70 | 2.380 | 1.96 | ||
1880443 | 307.9 | 309.5 | 1.50 | 1.790 | 1.54 | ||
1880444 | 309.5 | 311.0 | 6.00 | 1.670 | 1.38 | ||
1880445 | NKG STD (0.056 g/t Au) | 0.062 | 0.05 | ||||
1880446 | 311.0 | 312.5 | 4.20 | 0.875 | 0.70 | ||
BLANK | AAL blank | -0.003 | -0.01 | ||||
1880447 | 312.5 | 314.0 | 1.60 | 1.290 | 1.02 | ||
1880447-X | AAL dup of 1880447 | 1.280 | 1.04 | ||||
1880448 | 314.0 | 315.5 | 4.80 | 1.220 | 1.00 | ||
1880449 | 315.5 | 317.1 | 1.80 | 6.380 | 5.44 | ||
1880450 | NKG dup of 1880449 | 2.10 | 6.460 | 5.16 | |||
1880451 | 317.1 | 318.6 | 2.20 | 6.810 | 5.61 | ||
1880452 | 318.6 | 320.1 | 4.00 | 2.010 | 1.75 | ||
1880453 | 320.1 | 321.6 | 5.40 | 2.090 | 1.79 | ||
1880454 | 321.6 | 323.2 | 5.50 | 1.390 | 1.10 | ||
1880455 | 323.2 | 324.7 | 3.90 | 0.195 | 0.16 | ||
1880456 | 324.7 | 326.2 | 3.40 | 0.286 | 0.20 | ||
1880456-X | AAL dup. of 1880456 | 0.277 | 0.20 | ||||
STD - CDN-CM-47 | AAL STD (1.13 g/t Au) | 1.150 | 0.93 | ||||
1880457 | 326.2 | 327.7 | 5.30 | 0.110 | 0.09 | ||
1880458 | 327.7 | 329.3 | 3.30 | 0.460 | 0.39 | ||
1880459 | 329.3 | 330.8 | 3.70 | 0.292 | 0.24 |
Table 7. Assay report table from American Assay Lab (AAL) for RC hole AT23WS-044 with AAL's CRM (STD), blank, and duplicate (dup.) sample inserts and
CDM-CM-47 1.13 g/t Au +/- 0.11 g/t Canadian Resource Lab. Ltd.,
OxC168 0.213 g/t Au +/- 0.002 g/t Rock Labs, Auckland NZ
SK120 4.075 g/t Au +/- 0.03 g/t Rock Labs, Auckland NZ
Batch # 75226 0.056 g/t Au +/- 0.003 g/t Klen International Pty. Ltd., Neerabup Western Australia
Batch # 73915 1.081 g/t Au +/- 0.03 g/t Klen International Pty. Ltd., Neerabup Western Australia
The scientific and technical information in this news release has been reviewed and approved by Calvin R. Herron, P.Geo., who is a Qualified Person as defined by NI 43-101.
The Atlanta Mine is a historical gold-silver producer with a NI 43-101 compliant pit-constrained resource of 460,000 oz Au in the measured and indicated category (11.0M tonnes at 1.3 g/t) plus an inferred resource of 142,000 oz Au (5.3M tonnes at 0.83 g/t). See the NI 43-101 Technical Report on Resources titled "Atlanta Property,
Resource Category | Tonnes (000s) | Au Grade (ppm) | Contained Au | Ag Grade (ppm) | Contained Ag Oz |
Measured | 4,130 | 1.51 | 200,000 | 14.0 | 1,860,000 |
Indicated | 6,910 | 1.17 | 260,000 | 10.6 | 2,360,000 |
Measured + Indicated | 11,000 | 1.30 | 460,000 | 11.9 | 4,220,000 |
Inferred | 5,310 | 0.83 | 142,000 | 7.3 | 1,240,000 |
Table 8. NI 43-101 Mineral Resources at the Atlanta Mine
Please see the Company's website at www.nevadaking.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating the future operations and activities of
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SOURCE Nevada King Gold Corp.
FAQ
What are the recent assay results announced by Nevada King Gold Corp.?
Where is the Atlanta Gold Mine Project located?
What is the significance of the assay results from hole AT23WS-44?
What geological model supports the presence of high-grade zones at the Atlanta Gold Mine Project?