VANCOUVER, BC, Sept. 4, 2024 /PRNewswire/ – Nevada King Gold Corp. (TSXV: NKG) (OTC: NKGFF) (“Nevada King” or the “Company“) is happy to announce the graduation of a number of geophysical surveys at its 5,166 hectare (51.6km²), 100%-owned Atlanta Gold Mine Mission, situated within the prolific Fight Mountain Pattern 264km northeast of Las Vegas, Nevada. Surveys will come with Segment III CSAMT (Managed Supply Audio-frequency Magnetotellurics), IP (Brought about Polarization/Resistivity), Drone Radiometrics, and Spectral Imaging with an expected get started past in September 2024.

Highlights:

• The Corporate has been depending on tough geophysical equipment to spot disciplines of attainable mineralization at Atlanta. Specifically, its Segment I and II CSAMT surveys carried out in 2022 and 2023 generated 11 high-priority regional goals during the Atlanta district, 3 of that have lately been drilled, well-known to sequential discoveries on the East Ridge Goal (“ERT“) (July 16, 2024), the South Quartzite Ridge Goal (“SQRT“) (July 23, 2024), and the Wild West Zone (“WWZ“) (August 19, 2024).
• The Corporate is now endeavor a extra vivid Segment III CSAMT survey, in addition to IP, Drone Radiometrics, and Spectral Imaging, which can permit it to manufacture a complete regional focused on map and higher determine lithological contacts, alteration zones, and constructions, all with the purpose of figuring out and refine aimless goals which can be obscured by means of guard during the Atlanta district.

Segment III CSAMT:

• The deliberate Segment III CSAMT survey is composed of 30 strains (27 east-west and 3 north-south) for a complete of 69.4 line-kilometres. The 27 east-west strains are a mix of extensions and infill strains, occasion additionally stepping-out to the north. The 3 north-south orientated strains can be old to manufacture a three-D type around the core of the useful resource segment, in addition to to support in monitoring east-west trending structural controls.
• The Segment I CSAMT survey carried out in 2022 consisted of 18 strains totaling 54.5 line-kilometres, orientated east-west around the Atlanta Mine Fault Zone within the core of the useful resource segment. A Segment II CSAMT survey carried out in 2023, used to be designed to increase Segment I CSAMT strains and upload infill strains for higher lateral decision, consisting of 23 east-west orientated strains, for an backup 56.65 line-kilometres. Each stages of CSAMT paintings have applied a 25-metre station spacing and feature produced high-resolution datasets to depths averaging 400-metres beneath floor.

Brought about Polarization/Resistivity:

• Research of drill-hole and surficial geochemistry, blended with the CSAMT and Magnetic datasets, signifies the potential for an intrusive-related device at intensity underneath the ERT. Drill trying out this idea has resulted in contemporary discoveries on the SQRT (July 23, 2024) and ERT (July 16, 2024).
• IP is a ground-based form old to spot {the electrical} chargeability of subsurface fabrics, and is old predominantly for mapping zones of disseminated sulfides that can be related to intrusive-related mineralization. 4 Brought about Polarization (IP)/Resistivity strains totaling 13.25 line-kilometres are deliberate to guage backup anomalies around the Atlanta District.

Drone Radiometric and Spectral Imaging:

• Fresh drilling on the Atlanta Gold Mine intersected a vital 68.6-metre interlude grading 5.14 grams consistent with tonne (“g/t“) gold and 16 g/t silver inside an intrusive-style gold mineralization zone (July 23, 2024). This discovery has solidified the Corporate’s trust within the presence of a couple of intrusive our bodies at the quality, which might be steadily related to distinct alteration halos and radiometric signatures.
• A drone-based Radiometric survey can be flown, overlaying two independent disciplines totaling roughly 9 km². Traces can be orientated east-west with crease spacing of 50m for a complete of 184.6 line-km. Those two disciplines had been known from anomalies within the drone Magnetics dataset as having attainable for intrusive-related mineralization, in addition to to check the effectiveness of the methodology.
• Spectral knowledge around the entirety of the Atlanta land package deal is recently being got from the Sentinel-2 and ASTER satellites, with 10-15 metre spatial decision, and can be analyzed for alteration halos.
• The then radiometric survey and spectral geology paintings can be instrumental in figuring out attainable goal disciplines for additional exploration. Those geophysical and geochemical tactics are extremely efficient in detecting alteration zones that can point out the presence of vague mineralized intrusive rocks. The Corporate plans to make use of GeoExploration LLC’s AI-backed CAGE-IN generation to investigate the information generated from the radiometric survey and spectral geology paintings by means of integrating those with present geological and geophysical knowledge. This complicated generation will support in figuring out the fitting places of attainable intrusive our bodies, offering significance insights for age drilling methods.

Thomas Weis, Consulting Geophysicist of Nevada King, commented, “To date, the geophysical program at the Atlanta Mine property consists of ground gravity, drone magnetics, detailed CSAMT, and a minor amount of IP/resistivity. The CSAMT resistivity dataset has proven exceptionally useful for mapping the area’s lithology, structure, and alteration. The detailed dataset, using 25 metre electrode station spacing, provides good lateral resolution of the resistivity variations in two dimensions along the surveyed lines.  The correlation between lithologic boundaries and mineralization is very encouraging in the current mine area. The 2024 geophysical program will focus on collecting additional CSAMT resistivity for two purposes: 1) to fill in between current lines, which will allow a three dimensional model to be generated from the dataset, and 2) extending selected current lines into surrounding areas of interest. The combined 2022, 2023, and 2024 CSAMT datasets will be utilized in the ongoing geologic interpretation of the Atlanta Mine property.”

Dr Amit Tripathi, essential geologist of GeoExploration LLC and marketing consultant to Nevada King, commented, “The successful intersection of high-grade gold mineralization in drill hole AT24HG-41 has significantly enhanced our understanding of the project’s geology and we are excited to initiate this comprehensive exploration program to uncover additional intrusive targets. By combining our geological expertise with advanced exploration tools, we are confident in our ability to expand the mineral resource at the Atlanta Gold Mine.”

Certified Particular person

The clinical and technical data on this information let fall has been reviewed and authorized by means of Calvin R. Herron, P.Geo., Certified Particular person as outlined by means of Nationwide Tool (“NI 43-101“).

About Nevada King Gold Corp.

The Atlanta Mine is a ancient gold-silver manufacturer with a NI 43-101 compliant pit-constrained useful resource of 460,000 ounces Au within the deliberate and indicated section (11.0M tonnes at 1.3 g/t) plus an inferred useful resource of 142,000 ounces Au (5.3M tonnes at 0.83 g/t). See the NI 43-101 Technical File on Sources titled “Atlanta Property, Lincoln County, NV” with an efficient past of October 6, 2020, and a record past of December 22, 2020, as ready by means of Gustavson Mates and filed beneath the Corporate’s profile on SEDAR+ (www.sedarplus.ca).

The following the Corporate’s website online at www.nevadaking.ca.

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Cautionary Statements Referring to Ahead Taking a look Knowledge

This information let fall accommodates positive “forward-looking information” and “forward-looking statements” (jointly “forward-looking statements”) throughout the that means of appropriate securities regulation. All statements, alternative than statements of ancient truth, incorporated herein, with out limitation, statements in the case of the age operations and actions of Nevada King, are forward-looking statements. Ahead-looking statements are steadily, however no longer at all times, known by means of phrases similar to “expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “possible”, and alike expressions, or statements that occasions, situations, or effects “will”, “may”, “could”, or “should” happen or be accomplished. Ahead-looking statements on this information let fall relate to, amongst alternative issues, the Corporate’s exploration plans and the Corporate’s skill to probably make bigger mineral sources and the affect thereon. There will also be deny contract that such statements will turn out to be correct, and original effects and age occasions may vary materially from the ones expected in such statements. Ahead-looking statements replicate the ideals, critiques and projections at the past the statements are made and are founded upon a lot of guesses and estimates that, occasion thought to be cheap by means of Nevada King, are inherently topic to important industry, financial, aggressive, political and social uncertainties and contingencies. Many elements, each identified and unknown, may purpose original effects, efficiency or achievements to be materially other from the consequences, efficiency or achievements which can be or could also be expressed or implied by means of such forward-looking statements and the events have made guesses and estimates in line with or connected to many of those elements. Such elements come with, with out limitation, the facility to finish proposed exploration paintings, the result of exploration, endured availability of capital, and adjustments generally financial, marketplace and industry situations. Readers must no longer park undue reliance at the forward-looking statements and data contained on this information let fall relating to these things. Nevada King does no longer think any legal responsibility to replace the forward-looking statements of ideals, critiques, projections, or alternative elements, must they alter, apart from as required by means of appropriate securities rules.

SOURCE Nevada King Gold Corp.