Announcement Date: 2022-10-18
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Nevada King Gold Corp.
Project name: Atlanta
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 54.9m at 3.41g/t Au from 4.6m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, BC, Oct. 18, 2022 /CNW/ – Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) (“Nevada King” or the “Company”) is pleased to announce assay results from 32 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. This drilling includes eight holes designed to further define the high-grade Atlanta Mine Fault Zone (“AMFZ”) at the bottom of the historical Atlanta pit, together with 24 shallow holes drilled to test waste dumps from previous mining north and west of the historical pit. These four high-grade intercepts in oxide have conclusively defined the footwall contact of the high-grade AMFZ, including its steep westward dip (Figures 1, 2, and 3). These holes were collared at the bottom of the historical pit roughly 10m east of the north-south fence of highgrade holes drilled by the Company in 2021, which intercepted 54.9m of 5.34 g/t Au in AT21- 62, 41.2m of 3.94 g/t Au in AT21-63, 64.1m of 3.94 g/t Au in AT21-64, and 48.8m of 2.32 g/t Au in AT21-65, also starting at or near surface from within the Atlanta pit
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