| Announcement Date: | 2021-11-16 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Nevada King Gold Corp. |
| Project name: | Atlanta |
| Location: | United States |
| Commodities: | Gold,Silver |
| Highlight: | Drilling results incl. 22.9m @ 2.17g/t Au from 38.1m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, BC, Nov. 16, 2021 /CNW/ – Nevada King Gold Corp. (TSXV: NKG) (OTCQB: VKMTF) (“Nevada King” or the “Company”) is pleased to announce maiden drill results from the first eight reverse circulation (“RC”) holes of a 63-hole RC program recently completed at its Atlanta Gold Mine Project (Figure 1). The project is located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Figure 2. Cross section “A-A” showing gold distribution in the Nevada King RC holes drilled across southern end of the historical Atlanta open pit. Eastern margin of 2020 Gustavson gold resource model is defined by historical holes noted in orange. (CNW Group/Nevada King Gold Corp.) Atlanta Gold Mine Drill Results Geologic mapping and sampling conducted by Nevada King in the first half of 2021 identified several mineralized high angle faults and dikes along the eastern margin of the Atlanta open pit that had not been drill-tested by past operators and were well east and outside of the Gustavson 2020 resource model. These northerly trending structures projected southward from the pit margin and indicated good potential for extending gold mineralization south of the pit. The initial eight RC holes reported today were drilled across the southern extension of these mineralized structures along an E-W fence and were designed to |
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