#Canada #Vancouver #Nevada King Gold #Atlanta Project #Silver Park East

Nevada King Gold Corporation Expands Silver Park East Mineralization

Nevada King Gold Corp., a key player in gold mining, recently announced exciting developments from the Silver Park East (SPE) target located within the highly promising 130km² Atlanta Gold Mine project in eastern Nevada. This update comes after the company completed a series of drill holes designed to explore the mineralization of the area, revealing remarkable assay results.

On February 3, 2026, Nevada King reported findings from its exploratory drilling campaign, which identified significant gold and silver mineralization just south and west of the Silver Park East target. The SPE area shows mineralization which starts right at the surface, giving it substantial accessibility and potential for further exploration. Highlight assays included findings such as 0.93 g/t AuEq over 14.6 meters starting from a depth of 7.3 meters, confirming the expectation of a rich resource underground.

Significant Findings

The recent drilling program included four holes positioned directly west of SPE and five additional holes drilled approximately 350 meters to the south of this target. The assay results from these drill holes have confirmed at-surface, oxide gold-silver mineralization. Additionally, significant intervals from the deeper drilling have corroborated predictions about the broader mineralized footprint of SPE.

Among the noteworthy highlights are:

• - 0.93 g/t AuEq over 14.6 meters in hole B25-101, showcasing substantial surface mineralization.
• - 0.69 g/t AuEq over 14.6 meters, starting from the surface in hole B25-100, indicating strong mineralization trends.
• - 0.52 g/t AuEq over 9.8 meters from hole B25-96, starting at 2.4 meters depth, emphasizing the area's mineral richness.

These results are crucial as they outline how the mineralization at SPE is hosted along the main unconformity controlling mineralization in the Atlanta region, which appears to be flattening out to the south, a promising sign for future exploratory initiatives. As a result, Nevada King is keen to connect these new findings to enhance understanding and ultimately increase the exploitable surface area of gold and silver resources within the project.

Drilling Activities and Future Directions

The exploration team at Nevada King has already commenced a Phase 4 drilling program, targeting areas to establish continuity and further outlining the mineral resources available at Silver Park East. The drilling involves methods such as Reverse Circulation (RC) drilling to ensure detailed sampling and analysis of geological strata. Additionally, the RAB (Rotary Air Blast) drilling has been pivotal in uncovering shallow mineralization across the site. Importantly, drill holes such as B25-101 and B25-100 have reached mineralization depth, hinting that the mineral structure is more extensive than previously assumed.

Justin Daley, Nevada King’s Vice President of Exploration, expressed enthusiasm regarding their drilling success: “The expansion of Silver Park East is beyond our initial estimations. The identification of surface mineralization so close to where we are drilling emphasizes the scale and potential of this system. Our focus is now to fill in critical gaps to define a continuous oxide gold envelope.”

Conclusion

With the significant mineralization showing continuity and a broader footprint than initially anticipated, Nevada King Gold Corp is positioned for a promising trajectory in 2026. The ambitious exploration plan, combined with favorable geological results, reinforces the company's commitment to advancing its mining endeavors in Nevada. Investors and stakeholders alike are advised to keep a close eye on forthcoming results from further drilling activities scheduled in the coming months, as these could unlock even greater resource potential at the Atlanta Gold Mine Project.

For more insights and ongoing updates, Nevada King continues to maintain transparency with its stakeholders through regular press releases detailed through their corporate communications strategies.