NEVADA KING REVIEWS 2025 ACHIEVEMENTS AND 2026 EXPLORATION STRATEGY
Prnewswire·2025-12-29 11:30

Core Insights - Nevada King Gold Corp. achieved significant milestones in 2025, enhancing its Atlanta Gold Mine Project and positioning for growth in 2026 [1][5] Group 1: 2025 Highlights - The updated NI 43-101 mineral resource estimate for Atlanta showed a 122% increase in measured and indicated resources, totaling over 1 million ounces of oxide gold within 27.7 million tonnes at a grade of 1.14 g/t Au [4][8] - Phase 2 metallurgical testing confirmed strong oxide recoveries and supported a simplified processing flowsheet, utilizing run-of-mine heap leaching and two-stage crushing [4] - A 30,000m Phase 3 drilling program identified multiple new oxide gold targets, establishing a pipeline of exploration opportunities [4] Group 2: Exploration Success - Silver Park East emerged as the most advanced new discovery, with drilling confirming a broad zone of near-surface oxide gold and silver mineralization over an area of approximately 450m x 300m [4] - Drilling at Atlanta South and Atlanta North, along with the identification of the Western Rim target, revealed extensive quartz veining with rock chip samples grading up to 20.8 g/t Au [4] Group 3: Leadership Team Strengthening - John Sclodnick was appointed CEO, bringing extensive capital markets experience [4] - Jeff Stieber joined as CFO, enhancing financial oversight with experience from precious metals companies [4] - Justin Daley was appointed VP of Exploration, contributing deep technical expertise [4] Group 4: Outlook for 2026 - Nevada King enters 2026 with a fully funded Phase 4 exploration program, including an initial 20,000m of drilling focused on advancing regional targets [4] - The company aims to continue expanding its resource base while minimizing costs [5]