Nevada King Gold Corp.: Exciting Drilling Results from Atlanta Gold Mine Project
VANCOUVER, BC – Nevada King Gold Corp. (TSXV: NKG, OTCQX: NKGFF) (“Nevada King” or the “Company”) has recently made headlines with their latest drilling results from the Atlanta Gold Mine Project in Nevada. This 12,000 hectare (120km2) property, wholly owned by the Company, is situated in the renowned Battle Mountain Trend, approximately 264km northeast of Las Vegas.
Drilling Program Highlights
The Phase II drill program, which concluded in December 2024, yielded impressive results, with 18 vertical, reverse circulation (“RC”) holes and one vertical, diamond core hole drilled. These holes aimed to expand the known gold mineralization and test new targets.
Significant Intercepts
Some of the most noteworthy intercepts include:
- RC Hole AT24-038: 11.5 meters at 2.3 g/t gold from 312.5 meters
- RC Hole AT24-039: 10.7 meters at 1.8 g/t gold from 305.3 meters
- RC Hole AT24-040: 11.9 meters at 1.9 g/t gold from 312.3 meters
- Diamond Core Hole AT24-041: 3.4 meters at 4.5 g/t gold from 238.6 meters
What Does This Mean for Investors?
These results could be a game-changer for Nevada King Gold Corp. and its investors. With significant intercepts like these, the Company’s potential to grow its gold reserves and expand its operations becomes increasingly promising.
Impact on the Global Gold Market
Beyond the impact on Nevada King and its investors, these results could also have a ripple effect on the global gold market. As gold prices continue to rise, any new discoveries or expansions of gold reserves can lead to increased production and potentially lower prices in the long term. However, the near-term effect could be a boost for the gold market, as investors seek to capitalize on the potential growth of Nevada King and other gold-producing companies.
Looking Ahead
Nevada King Gold Corp. plans to continue exploring its Atlanta Gold Mine Project, with future drilling programs and potential resource estimations on the horizon. Stay tuned for updates as the Company continues to make strides in the gold industry.
Conclusion
The latest drilling results from Nevada King Gold Corp.’s Atlanta Gold Mine Project are a promising sign for the Company and its investors. With significant gold intercepts and a focus on expansion, Nevada King is poised to make a significant impact on the gold market. Keep an eye on this up-and-coming gold producer as it continues to explore and develop its 12,000 hectare property in Nevada’s Battle Mountain Trend.
