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Lewis Project

The last untested gold district in the heart of Elephant country

Overview

Gold deposit

Adjacent to and on trend with Nevada Gold Mine's Hilltop gold deposit (reported 2M oz Au @ 0.875 g/t).

Production 1880-1928

Underground production during 1880-1928 reportedly yielded 5M oz Ag and 20,000 oz Au.

Historical database

Extensive historical database reveals significant gold mineralization (>100 ppb Au) in drill holes and surface/underground samples within a 9km2 area.

Historical drilling

Historical drilling by St. George Metals in l986-l990 identified a low grade open-pit resource (NI43-101 non-compliant) of 65,000 oz Au.

Examples of historical drill hole intercepts (43-101 non-compliant) reported from the property within Upper Plate lithotypes.

13.7m of 3.321 g/t Au,
including 1.52m of 24.15 g/t Au
9.1m of 2.47 g/t Au,
including 1.52m of 8.57 g/t Au
& 10.64m of 1.58 g/t Au
41.2m of 1.43 g/t Au,
including 6.1m of 7.94 g/t Au
2021 Drill Program

Nevada King initiated its maiden drill program at Lewis in October 202l and drilled a total of l,l50m in l8 RC holes with the primary objective of (1) substantiating historical drill results within the Celestine O'Neal and Rocky Canyon targets, and (2) testing the potential for lateral extensions of mineralization with step-out drilling.

Celestine O’Neal

Seven holes successfully tested the Celestine O'Neal target, confirming historical drill grades and intersect lengths.

Angle hole LS21-015 intercepted 83.9m averaging 1.04 g/t Au, which was broken up into two distinct zones of mineralization.


First zone of 15.2m averaging 1.55 g/t Au was encountered from 33.5m to 48.8m

Second zone of 62.5m averaging 1.02 g/t was encountered from 54.9m to 117.4m.


Vertical hole LS2l-008, drilled 240m south of the Celestine O'Neal target area, also cut two separate mineralized zones:


First zone of 9.1m averaging 1.79 g/t from 76.2m to 85.4m

Second zone of 13.7m averaging 2.50 g/t from 154.0m to 167.7m. This includes 1.5m grading 15.73 g/t from 163.1m to 164.6m.

Goals of the 2022 Lewis Drill Program

Drill-testing the Record target zone to determine if Record can be linked to the mineralization seen in LS21-008, the tonnage potential at Lewis will be substantially increased.

Drill through the overburden and reach bedrock at Celestine O’Neal to define the geometry of the mineralized zone and firmly establish the associated mineralization vectors.

To track the mineralization laterally to the west, east, and south of Celestine O’Neal and Record. This will be moving into covered terrain that has not been previously drilled.

DRILLING BY THE NUMBERS

3,000 meters of planned drilling

Preparing the casing system

In order to better guarantee reaching target depth, the drill operator will come prepared this season with a casing system that can successfully penetrate the rubblized limestone overburden and allow for accurate sampling of the underlying mineralized horizon. The mineralized rock drills well, but the problem is getting down to it.