NEVADA KING ANNOUNCES FULLY FUNDED 20,000M, PHASE 4 EXPLORATION PROGRAM DESIGNED TO ADVANCE MULTIPLE REGIONAL TARGETS IDENTIFIED IN PHASE 3

Core Viewpoint - Nevada King Gold Corp. has launched a fully-funded Phase 4 regional exploration program at its 100% owned Atlanta Gold Mine Project, following the successful completion of a 30,000m Phase 3 drilling program that identified new regional oxide mineralization and potential satellite deposit targets [1][4]. Phase 4 Exploration Program - Phase 4 will consist of an initial 20,000m of drilling, focusing on the most prospective targets, particularly Silver Park East, while also conducting systematic reconnaissance across the broader land package [2][5]. - The program aims to define the scale of the newly discovered mineralized zone at Silver Park East, located 2 km from the existing resource, and to maintain a strong pipeline of high-priority targets [4][5]. Target Areas - Silver Park East: 5,000m allocated to tighten spacing across the current mineralized footprint and test a 270m gap to the southeast [6][7]. - Atlanta South: Drilling targets the West Atlanta Fault corridor, with mineralization hosted in Pogonip Limestone, aiming to refine vectors toward stronger mineralization [8]. - Atlanta North: Extends 4km north from the Atlanta Resource Zone, with Phase 4 drilling testing a gap for additional near-surface oxide mineralization [9]. - Western Rim: Represents a large-scale early-stage opportunity with multidirectional quartz veins, with plans for additional geophysical surveys and a modification to the Plan of Operations for better access [10]. Advanced Targeting Techniques - The company is utilizing multiple layers of geoscientific data, including machine learning analysis, to generate a ranked pipeline of early-stage targets for Phase 4 drilling [11]. 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, plus an inferred resource of 99,000 ounces [16].