Projects

Select Project:
TSX-V: NKG
OTCQX: NKGFF

Atlanta Gold Mine

Past producer with established NI 43-101 resource and upside potential

Underground and small-scale surface mining 1905-1966. Open pit mining by Standard Slag (1975-1985) recovered 110,000 oz Au and 800,000 oz Ag from 1.5M tons.

Atlanta Phase I Drilling Program

2021 Maiden Drill Program

  • In June 2021, Nevada King initiated a Phase I 5,500 meter drill program at Atlanta with the goal of adding additional ounces in the pit, while also targeting propective gold targets outside of the pit area.
  • To date, this has resulted in a brand new discovery of 9.1m grading 8.26 g/t Au located 560m north of the Atlanta Pit, as well as newly identified mineralization within the pit itself, including 54.9m grading 2.62 g/t Au.

A GAME CHANGER AT ATLANTA

Vertical RC drill hole AT21-066 drilled from within the Atlanta pit encountered 54.9m grading 2.62 g/t Au starting at 3m depth.* The mineralized rock is oxide material and includes a high-grade intercept of 3m averaging 13.35 g/t Au from 51.8m to 54.8m.

The newly identified mineralization in AT21-066 is located within the confines of the Gustavson 2020 conceptual open pit but, importantly, is not currently included in the pit-constrained resource model. These results clearly demonstrate high-grade potential along the western margin of the historical Atlanta Mine open pit and show the possibility of increasing mineralized tonnage while decreasing strip ratio in a mining scenario.

Furthermore, this intercept ties the western margin of the Gustavson resource model (which is west of and 100-150m below the pit floor) to the at-surface surface mineralization within and around the pit, particularly in areas that had not been previously drilled.