#Canada #Vancouver #Nevada King #Silver Park #Mining Claims

Nevada King Gold Corporation Completes Acquisition of Silver Park Mining Claims

Nevada King Gold Corporation, a forward-looking entity in the mining sector, has proudly announced the formal acquisition of the Silver Park patented mining claims. This strategic purchase marks a significant milestone for the company as it continues to develop its Atlanta Gold Mine project located in southeast Nevada. The announcement comes on December 3, 2025, following the completion of all necessary procedures outlined in an option agreement established in September 2024.

With a total investment of $75,000 alongside the issuance of 100,000 common shares to Ofor Silver LLC in July 2024, Nevada King is now the proud owner of three contiguous patented lode mining claims that span approximately 24 hectares. Positioned just 2 kilometers from the Atlanta Resource Zone, these claims will become pivotal in nurturing the company's exploration ambitions.

John Sclodnick, CEO of Nevada King, enthusiastically stated, "The Silver Park target area is critical for our Phase III regional exploration program. We have now confirmed gold and silver mineralization across a substantial footprint of 450 meters by 300 meters, showcasing promising potential for further expansion. The acquisition of these patented claims also provides us with significant flexibility concerning future development plans."

The company's acquisition of Silver Park is not just a mere transaction; it is a testament to its commitment to growth and exploration in the industry. By integrating these claims into its portfolio, Nevada King is enhancing its capability to operate within the regulatory framework, thereby setting the stage for responsible mining practices.

In conjunction with this acquisition, Nevada King has also entered into a research agreement with Atrium Research Corporation, a notable firm specializing in company-sponsored research. This partnership aims to facilitate comprehensive reports based on public information, industry insights, and discussions with Nevada King's management team. Scheduled to run from October 22, 2025, to October 22, 2026, the agreement is designed to bolster investor relations and strategically position the company within the market. This collaboration is particularly aimed at providing the necessary support and research insights to drive forward Nevada King's ambitious plans.

Nevada King maintains its focus on the Atlanta Gold Mine project, which has a robust resource estimate in compliance with NI 43-101 standards. The project currently possesses an estimated oxide resource of 1,020,000 ounces of gold across measured and indicated categories, alongside an inferred resource of 99,000 ounces of gold. This solid baseline forms a strong foundation for further exploration and resource expansion.

As the mining industry continues to navigate a challenging landscape, Nevada King's approach of strategic acquisitions and partnerships, bolstered by thorough research and development, sets it apart from its competitors. The future looks bright as Nevada King aims to leverage the potential of the Silver Park claims alongside its ongoing Atlanta Gold Mine undertakings.

In closing, the strategic focus on growth through exploration and resource development positions Nevada King Gold Corporation as a company to watch in the evolving mining sector. The integration of Silver Park into its operations not only enhances its resource base but also reinforces its commitment to exploring and developing high-potential areas while maintaining a strong regulatory stance.

For more details, visit Nevada King's official website at www.nevadaking.ca.