#Canada #Vancouver #Nevada King #Atlanta Gold #East Ridge

Promising Gold Intersections at East Ridge Target

Nevada King Gold Corp. (TSXV: NKG) has recently provided a positive update regarding its exploration efforts at the East Ridge Target, part of its Atlanta Gold Mine Project located in eastern Nevada. This project, which spans 130 square kilometers and includes the historically significant Atlanta pit, is of keen interest due to its potential for gold production. The recent drilling, conducted under the company's Rotary Air Blast (RAB) reconnaissance program, has uncovered noteworthy findings that may lead to substantial enhancements in the resources available at the site.

High-Grade Results

On July 7, 2026, Nevada King announced the results of its latest drilling campaign, revealing impressive gold grades. Notably, one of the drill holes, designated as AT26ERB-16, encountered a remarkable 4.68 grams per tonne (g/t) of gold over a length of 7.3 meters, starting at a depth of 21.9 meters and ending in mineralization. Furthermore, two other holes reported consistent results: AT26ERB-18 and AT26ERB-42, yielding 0.75 g/t gold over 26.8 meters from surface and 1.00 g/t over 26.8 meters starting at a depth of 2.4 meters, respectively. These results suggest that the Near-Surface Oxide Gold mineralization is robust and remains open for further exploration, which is an exciting prospect for the company and its investors.

Exploration Strategy

As part of an ongoing effort, Nevada King's exploration team has been deploying both RAB and Reverse Circulation (RC) drilling methods to penetrate up to 30 meters deep into the near-surface geology. This approach has allowed the company to efficiently assess early-stage targets while simultaneously testing for deeper continuity with the RC drill program, furthering its understanding of mineralization patterns and potential deposits.

The preliminary RAB results have confirmed the presence of significant gold deposits to the east of the Atlanta pit, outside the previously defined resource area. This could pave the way for converting currently classified waste rock into mineable mineralization, beneficial for future operations and profitability. With the aim of following up on these promising results, the company plans to escalate deeper drilling with the RC rig targetting areas of high-grade occurrences.

Geological Insights

Historically, the East Ridge Target remained unexplored due to earlier assessments that deemed the gold mineralization to be too thin. However, Nevada King's efforts in 2021 led to new mapping and sampling techniques revealing extensive mineralization within the area. A subsequent Controlled-source Audio Frequency Magnetotellurics (CSAMT) survey provided valuable information about sub-surface intrusions that correlate with mineralization levels at both the resource zone and the East Ridge Target. This intelligence supported a renewed drilling campaign that has clearly been validated by the recent assay results.

Cal Herron, the Exploration Manager at Nevada King, expressed optimism about the findings, indicating that the immediate vicinity east of the Atlanta pit warrants significant attention. The fact that both holes in the latest drilling ended in mineralization suggests further potential at depth, which the team is eager to test.

Future Plans

Looking ahead, Nevada King aims to proceed with a comprehensive follow-up on these results once they receive regulatory approval for their modifications to the Plan of Operations. This will open the door to additional drilling sites that will enhance the overall strategy for exploring the East Ridge Target area more thoroughly. Furthermore, the exploration team is actively conducting detailed mapping and surface sampling across previously undrilled regions of the East Ridge Target, with plans for further drilling in progress.

In conclusion, Nevada King Gold Corp is positioned as a significant player in the Nevada gold mining industry. The release of these assay results marks a pivotal moment in their exploration journey, potentially unlocking vast amounts of gold and cementing the Atlanta Gold Mine Project as a valuable asset for the company and its stakeholders.