Atlanta Gold Mine
Atlanta is a past producing,
open-pit gold mine located in SE Nevada
Historic production by Standard Slag (1975-1985) recovered 110,000 oz Au and 800,000 oz Ag from 1.5M tons.
Over 40,000m were drilled by Gold Fields, Kinross Gold and Meadow Bay Gold starting in the early 1990s.
The Project is 100% owned by Nevada King and includes a NI 43-101 Resource published in 2020.
Infrastructure & Permitting
County-maintained roads connect project to major highways.
Deeded 15-mile electrical power line is operational to the site with private substation.
Private water well and pipeline delivers ample water to project.
Modular building purchased to provide crew quarters during the exploration phase.
Old Mill Building and Crusher Complex have been removed.
2020 43-101 Resource, pit-constrained
$1250/ounce gold price
Current NI 43-101 compliant gold resource by Gustavson (2020) using a 0.35 g/t cut-off and $1250/ounce gold price.
Calculations taken from Gustavson's 2020 NI-43101 Atlanta Mine Report
Cross Section A-A’
Historical holes along this southern E-W cross section reported significant gold intercepts but were not included in the Gustavson resource model due to low hole density, inaccurate collar locations, and suspect assays.
In 2021, Nevada King drilled several holes to confirm and add gold mineralization in this area, which is located within the confines of Gustavson’s conceptual open pit, but was previously categorized as waste rock.
Long Section I-I’
This long section demonstrates areas of newly identified gold mineralization that were previously considered to be waste rock, within the confines of the conceptual open pit. Additionally, it shows the fence of five high-grade holes drilled from the bottom of the pit, which intercepted a thick bed of oxide gold mineralization.
2022 – Phase II Drill Program
Test new high-grade discovery within the pit, increasing drill density and connecting future high-grade mineralization.
Test northwest high-grade target.
Investigate high-grade discovery in AT21-003 with drilling 560m north of historic pit and priority targets 1.2km along strike.
Explore east ridge target to understand extent of mineralization to the east.
100 planned drill targets totaling 13,100 meters
10,000 meters of RC, including pre-collar drilling
3,100 meters of core drilling