Atlanta gold mine |
Phase II Drilling Confirms Expanded Mineralization Footprint
Nevada King Gold Corp. [TSXV: NKG; OTCQB: NKGFF] has announced the final results from its phase II drilling program at the Atlanta gold mine project, located in the Battle Mountain trend, 264 km northeast of Las Vegas, Nevada. The 12,000-hectare (120 km²) property is 100% owned by Nevada King and continues to demonstrate significant high-grade gold potential.
Key Drill Results Indicate High-Grade Gold and Silver
The latest drill results include 12 holes—one core hole for metallurgical testing and 11 reverse circulation (RC) holes. Notable intercepts include:
- AT23NS-119: 2.44 g/t gold and 55.8 g/t silver over 90.0 metres, starting just 15 metres beneath the pit floor.
- AT23NS-117C (core hole): 3.17 g/t gold and 41.4 g/t silver over 60.1 metres in densely silicified breccia.
- AT23HG-40: 4.97 g/t gold and 162.9 g/t silver over 27.4 metres on the west side of the pit, confirming the location of the West Atlanta Fault (WAF).
- AT24WS-86: 1.35 g/t gold and 4.0 g/t silver over 30.5 metres, expanding mineralization westward.
- AT24WS-87: 0.18 g/t gold and 33.0 g/t silver over 30.5 metres, revealing a high-silver, low-gold intercept in a previously overlooked zone.
These results confirm complex faulting within the Atlanta Mine Fault Zone (AMFZ) and highlight the potential for additional high-grade zones within and beyond the known resource area.
Expanding the Atlanta Gold Resource
Nevada King’s phase II drilling has doubled the mineralized footprint at Atlanta, significantly increasing the known resource. The company’s ongoing phase III drilling program aims to expand mineralization further north, south, and west.
“Our drilling has significantly expanded the known resource at Atlanta,” said Cal Herron, exploration manager at Nevada King. “Mineralization remains open in multiple directions, and we are confident that continued exploration will unlock the full potential of this district.”
The Atlanta gold mine project currently hosts an NI 43-101-compliant pit-constrained oxide resource of 460,000 oz Au (11.0 million tonnes at 1.3 g/t) in the measured and indicated category, plus an inferred resource of 142,000 oz Au (5.3 million tonnes at 0.83 g/t). These estimates do not yet account for the more than 100,000 metres of drilling completed by Nevada King.
With ongoing drilling and a growing resource, Nevada King is well-positioned to advance the Atlanta project as a key gold asset within Nevada’s prolific Battle Mountain trend.