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About Nevada King Gold Corp. (NKGFF)
Nevada King Gold Corp. is a mineral exploration company strategically focused on advancing its 100%-owned Atlanta Gold Mine Project located within the renowned Battle Mountain Trend in Nevada, USA. This prolific region is historically recognized for its significant gold and silver production, making it a hub for mining and exploration activities. Nevada King is dedicated to unlocking the district-scale potential of the Atlanta Project through systematic exploration, leveraging advanced geophysical and geochemical techniques to identify and expand mineralized zones.
The Atlanta Gold Mine Project
The Atlanta Gold Mine is a historical gold-silver producer with a NI 43-101 compliant pit-constrained resource of 460,000 ounces of gold in the measured and indicated category and an additional 142,000 ounces in the inferred category. Located approximately 264 kilometers northeast of Las Vegas, Nevada, the project spans an extensive 12,000 hectares (120 km²) and is characterized by its geological setting within a resurgent caldera. This unique environment provides favorable conditions for hosting large gold deposits, as evidenced by similar deposits in the region.
The Atlanta Project is distinguished by its focus on oxide gold mineralization, which is more cost-effective to process compared to sulfide ores. Nevada King has identified multiple mineralized zones, including the West Atlanta Graben Zone (WAGZ), East Ridge Target (ERT), and the newly discovered Wild West Zone (WWZ). These zones exhibit consistent high-grade gold mineralization over significant thicknesses, underscoring the project's resource growth potential.
Exploration Techniques and Advancements
Nevada King employs cutting-edge exploration methods to maximize the discovery potential of its Atlanta Project. The company integrates Controlled Source Audio-frequency Magnetotellurics (CSAMT) surveys, gravity data analysis, and litho-geochemical modeling to identify structural traps and hydrothermal systems conducive to gold mineralization. These techniques have proven instrumental in delineating new targets and refining the geological understanding of the Atlanta district.
The company's exploration strategy emphasizes systematic drilling programs, with recent efforts focusing on expanding known resources and testing regional targets. Nevada King's Phase III drill program aims to explore 12 high-priority targets, leveraging insights gained from previous drilling phases to guide its efforts.
Competitive Position and Market Significance
Nevada King's strategic location within the Battle Mountain Trend provides a competitive edge, as this region has a long history of hosting world-class gold deposits. The company's commitment to exploration excellence, combined with its focus on oxide mineralization, positions it as a key player in the junior mining sector. By controlling a large, contiguous land package with district-scale potential, Nevada King offers significant upside for stakeholders seeking exposure to gold exploration in a stable, mining-friendly jurisdiction.
Commitment to Quality and Expertise
Guided by an experienced technical team, Nevada King adheres to rigorous quality assurance and quality control (QA/QC) protocols to ensure the integrity of its exploration data. The company consistently integrates geological, geophysical, and geochemical data to develop robust exploration models, demonstrating its expertise in mineral exploration and resource development.
With a clear focus on advancing the Atlanta Gold Mine Project, Nevada King Gold Corp. is poised to make significant contributions to the mining industry while adhering to the highest standards of technical excellence and operational transparency.
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
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.
FAQ
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