Nevada King Intercepts 4.51 G/T AU Over 86.3M

Nevada King Gold (TSX-V: NKG)

Announced results from four vertical, reverse circulation (“RC”) holes and one vertical, PQ-diameter diamond core hole completed in the northern portion of the West Atlanta Graben Zone at its Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend, Nevada.

 

 

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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 4.51 G/T AU OVER 86.3M INCLUDING 7.77 G/T AU OVER 43M, FURTHER EXPANDS HIGH-GRADE ZONE 200M NORTH OF THE ATLANTA PIT

 

Wednesday, April 3, 2024
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VANCOUVER, BC, April 3, 2024 – Nevada King Gold Corp. (TSX-V: NKG; OTCQX: NKGFF) (“Nevada King” or the “Company”) is pleased to announce results from four vertical, reverse circulation (“RC”) holes and one vertical, PQ-diameter diamond core hole completed in the northern portion of the West Atlanta Graben Zone (“WAGZ”) at its at its 5,166 hectares (51.6km2), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada.

 

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Highlights:

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Table 1: Highlight holes released on section 22N-17N(2). Mineralization occurs along near-horizontal horizons with true mineralized thicknesses estimated to be 85% to 95% of reported drill intercept length.*Denotes hole bottoming in mineralization.+Denotes core hole. 

  • Core hole AT23WS-23C.1 intercepted 4.51 g/t Au over 86.3m including 7.77 g/t Au over 48.6m and was collared 6m north of RC hole AT23WS-23, which intercepted 2.45 g/t Au over 102.1m, (released June 6, 2023). AT23WS-23C.1 was planned to provide metallurgical material for the ongoing Phase II test work program, as well as to verify the RC drilling.
    • AT23WS-34 (1.74 g/t Au over 114.3m) located 82m to the southeast; and
    • AT23WS-56 (1.55 g/t Au over 94.5m) located 108m southeast.
Figure 1. Detailed plot of historical and Nevada King drill holes in the northern end of the WAFZ. A northwest-trending “core zone” of higher-grade and thicker mineralization formed at the intersection of the westerly-trending North Fault with the northerly trending West Atlanta #1 and West Atlanta #2 Faults. Stars denote holes that did not fully penetrate both the upper and lower high-grade projected zones or suffered serious sample loss within these zones.
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Cal Herron, Exploration Manager of Nevada King, stated,

“The Company’s multiple structure model continues to lead to thick, high-grade mineralized zones.

 

“In addition to following high-angle structures that served as loci for higher grade Au-Ag mineralization, Nevada King’s success at increasing both grade and thickness can also be attributed to achieving full penetration of the low-angle unconformity that hosts most of the mineralization at Atlanta.

 

“The occurrence of two separate, sub-horizontal high-grade horizons as illustrated in Table 4 is replicated throughout the Atlanta system but is most often observed in the WAFZ where the deeper high-grade occurs in the carbonate section at or directly above the unconformable basement contact, while the shallower high-grade is hosted in the volcanic sequence above the unconformity.

 

“Higher grade and thicker intercepts occur close to feeder structures controlling the mineralization, as seen in AT23WS-23C.1, while grades decrease and thin laterally away from the feeders as seen in AT23WS-23.”

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To read the full news release please click HERE

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Live spot metal prices can be found 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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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author does not hold shares in Nevada KIng Gold Corp.

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To read our full terms and conditions, please click HERE



Nevada King Intercepts 2.37 g/t AU Over 75m

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

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

Disclosure

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

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Initiating Coverage of Nevada King Gold

Nevada King (TSX.V: NKG)

Following recent long drill intercept of gold in Nevada, arguably the best mining jurisdiction on the planet, we are initiating coverage of Nevada King Gold.

They fulfil the criteria we require and are producing spectacular drill intercepts in a prolific gold belt.

 

 

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Nevada King

Nevada King Atlanta Gold Mine

 

 

Nevada King TSX.V: NKG
Stage Exploration
Metals Gold
Market cap C$142m @ 45cents per share
Location Nevada, USA

 

 

Initiating Coverage of Nevada King Gold Corp.

 

Nevada King (TSX.V: NKG) Following recent long drill intercept of gold in Nevada, arguably the best mining jurisdiction on the planet, we are initiating coverage of Nevada King Gold Corp.

They fulfil the criteria we require, good amnagement team, tier 1 jurisdiction, and are producing spectacular drill intercepts in a proligic gold producing region.

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About Nevada King Gold Corp.

Nevada King Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties in Nevada, United States.

The Company operates through its mineral exploration and evaluation segment.

District-scale projects in its portfolio include the 100% owned Atlanta Mine, located approximately 100 km SE of Ely; the Lewis and Horse Mountain-Mill Creek projects, both located between Nevada Gold Mines’ Phoenix and Pipeline mines; and the Iron Point project, 35 km east of Winnemucca, Nevada.

The company also has numerous other early stage projects.

Atlanta Gold Mine and lode claims are located in Lincoln County, Nevada.

The Company owns unpatented lode claims located in the Iron Point mining district, in Humboldt County, Nevada.

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Nevada King Gold Corporate Website, 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

=======

.

City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

.

Disclosure

At the time of writing the author holds no shares in Nevada King.

.

To read our full terms and conditions, please click HERE