Nevada King Intercepts 2.37 g/t AU Over 75m

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Nevada King Gold (TSX-V: NKG) 

Announced assay results from three vertical RC holes recently completed at its Atlanta Gold Mine Project located in Nevada, in the prolific Battle Mountain Trend.

The glory hole was 2.37 gpt Au over 75m. 

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Nevada King

Nevada King Atlanta Gold Mine

 

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Nevada King TSX.V: NKG
Stage Exploration
Metals Gold
Market cap C41.27 @ 45cents per share
Location Nevada, USA

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NEVADA KING INTERCEPTS 2.37 G/T AU OVER 75M AT A DEPTH OF JUST 12M BENEATH THE ATLANTA PIT, EXTENDS THE ‘EAST HIGH-GRADE ZONE’ NORTHWARD

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VANCOUVER, BC, November 29, 2023 – Nevada King Gold Corp. (TSX-V: NKG; OTCQX: NKGFF) (“Nevada King” or the “Company”) is pleased to announce assay results from three vertical reverse circulation (“RC”) holes recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend.

The three holes reported today tested gaps within the existing drill pattern across the 80m-wide northerly trending Atlanta Mine Fault Zone (“AMFZ”) between the East Atlanta Fault (“EAF”) and the West Atlanta Fault (“WAF”) and are plotted in plan (Figure 1) and along an updated Section 22-10N(3) (Figure 2), initially released on April 20, 2023 and updated on August 10, 2023.

Highlights:

Table 1. All holes reported today along Section 22-10N(3). Mineralization occurs along sub-horizontal horizons generally dipping gently westward; true mineralized thickness in vertical holes is estimated to be between 85% and 95% of reported vertical drill intercept length.
  • 2.37 g/t Au over 74.7m in AT23NS-124 starts at a depth of just 12m beneath the pit floor and was sited to test for a northward extension of higher-grade and thicker mineralization hosted within a 20m-wide fault block, termed the “East High-Grade Zone” that runs along the western side of the EAF and floors the bottom of the Atlanta Pit.

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Cal Herron, Exploration Manager of Nevada King, comments,

“The three holes released today along Section 22-10N(3) provide further support for the current infill drilling program along the AMFZ, the purpose being to better define the grade and geometry of mineralization.

 

“With the areal extent of mineralization along the AMFZ now fairly well defined, our current focus is on boosting the average grade by drilling in closer to the high-angle feeder faults responsible for both higher grade and thicker mineralization.

 

“Today’s 75m thick intercept averaging 2.37 g/t Au in AT23NS-124 is the thickest intercept recorded to date along the East High-Grade Zone.”

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To read the full news release, please click HERE

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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Disclosure

At the time of writing the author holds shares in Nevada King.

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