Nevada King's Technical Report Reveals Over 1 Million Ounces of Mineral Resources at Atlanta Project
Nevada King Gold Corp. (TSXV: NKG) (OTCQB: NKGFF), a mining company focused on gold exploration and development, has made significant strides in their Atlanta Project, located in Lincoln County, Nevada. Recently, the company filed a technical report that highlights its compliant mineral resource estimate, which includes over 1 million ounces of gold in the measured and indicated categories. According to the newly available report prepared by RESPEC, the project boasts an NI 43-101 compliant pit-constrained oxide resource comprising approximately 1,020,000 ounces of gold, confirming the site's potential as a substantial gold producer in the region.
The technical report was officially titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the Atlanta Project, Lincoln County, Nevada, USA." Investors can access this document through the company's profile on SEDAR+ and on Nevada King's official website, where it details all aspects of the Atlanta Project, including geological, technical, and operational insights. This document serves as a crucial tool for current and potential investors, providing them with a comprehensive overview of the project's potential value.
Calvin R. Herron, P.Geo., a Qualified Person as defined in NI 43-101, conducted a thorough review of the technical information contained in the report, ensuring that the data's integrity and compliance with industry standards were upheld. Nevada King has emphasized its commitment to advancing the Atlanta Project, which spans over 120 square kilometers, encompassing areas rich in mineral resources along the Battle Mountain trend in the southeastern part of the state.
In the measured category, the project shows approximately 3,430,100 tonnes of ore at an average grade of 1.55 grams per tonne, translating to 170,800 ounces of gold. The indicated mineral resources stand at around 24,280,200 tonnes with an average grade of 1.09 g/t, contributing an impressive 848,800 ounces of gold. When combined, the measured and indicated resources reach a total of 27,710,300 tonnes, with an overall average grade of 1.14 g/t, totalling approximately 1,019,600 ounces of gold. Additionally, there are inferred resources of around 3,638,400 tonnes at a grade of 0.84 g/t, equating to an extra 98,500 ounces of gold.
The substantial amounts of measured, indicated, and inferred resources clearly position the Atlanta Project as a promising venture for Nevada King, building on the company's reputation and track record in the gold mining sector. With steady advancements, Nevada King continues to focus on strengthening its operational framework, ensuring successful exploration, and optimizing resource extraction methods.
The comprehensive nature of the technical report reflects the company's rigorous approach towards resource assessment, underscoring Nevada King's dedication to transparency and due diligence, which is of paramount importance to shareholders and stakeholders alike.
While Nevada King has numerous strategies in place to push the Atlanta Project forward, they also understand the challenges that lie ahead. Their strategic planning involves not only the completion of proposed exploration work but also a careful observation of market conditions and the various economic factors that could influence their operations. The company will remain vigilant in monitoring these conditions, aiming to continue the trend of positive advancements in their projects.
As a reminder, the information showcased in the report contains forward-looking statements, which the company urges investors to consider with caution. While Nevada King is rooted in optimism regarding the potential outcomes of their operations, actual results may vary based on a myriad of factors, including geologic conditions, regulatory changes, and market dynamics. Investors should perform their due diligence and not rely solely on optimistic projections when making investment decisions.
In conclusion, Nevada King's report sheds light on the impressive mineral resources at the Atlanta Project, reinforcing confidence in the company's future endeavors. With a dedicated team and strong operational strategies, Nevada King is poised to make considerable contributions to the mining industry while delivering value to their investors and the environment alike.
The technical report was officially titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the Atlanta Project, Lincoln County, Nevada, USA." Investors can access this document through the company's profile on SEDAR+ and on Nevada King's official website, where it details all aspects of the Atlanta Project, including geological, technical, and operational insights. This document serves as a crucial tool for current and potential investors, providing them with a comprehensive overview of the project's potential value.
Calvin R. Herron, P.Geo., a Qualified Person as defined in NI 43-101, conducted a thorough review of the technical information contained in the report, ensuring that the data's integrity and compliance with industry standards were upheld. Nevada King has emphasized its commitment to advancing the Atlanta Project, which spans over 120 square kilometers, encompassing areas rich in mineral resources along the Battle Mountain trend in the southeastern part of the state.
In the measured category, the project shows approximately 3,430,100 tonnes of ore at an average grade of 1.55 grams per tonne, translating to 170,800 ounces of gold. The indicated mineral resources stand at around 24,280,200 tonnes with an average grade of 1.09 g/t, contributing an impressive 848,800 ounces of gold. When combined, the measured and indicated resources reach a total of 27,710,300 tonnes, with an overall average grade of 1.14 g/t, totalling approximately 1,019,600 ounces of gold. Additionally, there are inferred resources of around 3,638,400 tonnes at a grade of 0.84 g/t, equating to an extra 98,500 ounces of gold.
The substantial amounts of measured, indicated, and inferred resources clearly position the Atlanta Project as a promising venture for Nevada King, building on the company's reputation and track record in the gold mining sector. With steady advancements, Nevada King continues to focus on strengthening its operational framework, ensuring successful exploration, and optimizing resource extraction methods.
The comprehensive nature of the technical report reflects the company's rigorous approach towards resource assessment, underscoring Nevada King's dedication to transparency and due diligence, which is of paramount importance to shareholders and stakeholders alike.
While Nevada King has numerous strategies in place to push the Atlanta Project forward, they also understand the challenges that lie ahead. Their strategic planning involves not only the completion of proposed exploration work but also a careful observation of market conditions and the various economic factors that could influence their operations. The company will remain vigilant in monitoring these conditions, aiming to continue the trend of positive advancements in their projects.
As a reminder, the information showcased in the report contains forward-looking statements, which the company urges investors to consider with caution. While Nevada King is rooted in optimism regarding the potential outcomes of their operations, actual results may vary based on a myriad of factors, including geologic conditions, regulatory changes, and market dynamics. Investors should perform their due diligence and not rely solely on optimistic projections when making investment decisions.
In conclusion, Nevada King's report sheds light on the impressive mineral resources at the Atlanta Project, reinforcing confidence in the company's future endeavors. With a dedicated team and strong operational strategies, Nevada King is poised to make considerable contributions to the mining industry while delivering value to their investors and the environment alike.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.