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NEVADA KING IDENTIFIES SEVEN ADDITIONAL HIGH-PRIORITY DRILL-READY REGIONAL EXPLORATION TARGETS

PR Newswire ·  Oct 3 19:30

VANCOUVER, BC, Oct. 3, 2024 /PRNewswire/ - Nevada King Gold Corp. (TSXV: NKG) (OTC: NKGFF) ("Nevada King" or the "Company") is pleased to announce the identification of seven additional regional targets that will be tested by the Company's upcoming Phase III drill campaign at its 5,166 hectares (51.6km2), 100%-owned Atlanta Gold Mine Project along the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. Today's targets follow the recent announcement by the Company of five high-priority regional exploration targets located north and east of the Atlanta resource (September 17, 2024 release).

Figure 1. Aerial view looking west at the Atlanta Pit with the seven newly identified regional targets stretching westward along a major, gravity-inferred basement structure. Green dots indicate historical drill holes within and around target areas. (CNW Group/Nevada King Gold Corp.)
Figure 2. Area of regional targets discussed today in relation to the Atlanta property outline and major basement faults largely inferred from geophysical data. These new targets cover the western part of the Atlanta Caldera and are continuous along a major, east-west structural axis with regional targets previously released. (CNW Group/Nevada King Gold Corp.)
Figure 3. CSAMT Section 9 looking north showing resistivity profile and corresponding regional targets across western part of the Atlanta Caldera. "Hot" colors indicate Low resistivity zone. "Cold" colors show high resistivity zones. Low resistivity intrusive plumes (orange to magenta colors) are likely responsible for providing conduits for mineralizing fluids upward through dense basement rocks (blue color). Intrusive apical zones indicate areas where mineralization might be close to surface. (CNW Group/Nevada King Gold Corp.)
Figure 4. CSAMT Section 14 looking north showing resistivity profile and corresponding regional targets across western part of the Atlanta Caldera. "Hot" colors indicate low resistivity zones. "Cold" colors show high resistivity zones. Low resistivity intrusive plumes (orange to magenta colors) are likely responsible for providing conduits for mineralizing fluids upward through dense basement rocks (blue color). Intrusive apical zones indicate areas where mineralization might be close to surface (CNW Group/Nevada King Gold Corp.)
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