NEVADA KING EXTENDS MINERALIZATION 150M ALONG STRIKE AT SILVER PARK EAST

Core Viewpoint - Nevada King Gold Corp. has announced positive drill results from the Silver Park East target, indicating significant gold and silver mineralization and potential for expansion within its Atlanta Gold Mine Project [1][2]. Exploration Results - The drill results confirm gold and silver mineralization over a 450m by 300m area, with a strike extension of 150m and an untested 270m gap to the southeast, suggesting the potential for a new satellite oxide gold and silver zone [2][3]. - Notable intervals from drilling include 0.25 g/t AuEq over 70.1m in hole AT25SP-41 and 0.30 g/t AuEq over 41.1m in hole AT25SP-37, with hole AT25SP-36 intercepting 1.60 g/t AuEq over 4.6m [6][7]. Geological Insights - The exploration program aims to identify additional oxide gold zones beyond the Atlanta Resource Zone (ARZ), with low-grade oxide gold and silver consistently found at the unconformity over a wide area [3][4]. - The mineralization at Silver Park East is believed to be part of the same mineralizing event as the ARZ, with the highest gold grades occurring at the intersection of structural corridors where hydrothermal activity was strongest [4]. Future Plans - Follow-up drilling will target the undrilled 270m gap between holes AT25SP-33 and AT25SP-41 to expand the mineralized envelope to the southeast and identify high-grade domains [6][8]. - The company has completed 28,000m of the planned 30,000m Phase III regional exploration program, with assays for 7,815m still pending [8]. Resource Estimates - The Atlanta Gold Mine project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020,000 ounces of gold in the measured and indicated category, along with an inferred resource of 99,000 ounces of gold [11][12].