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Nevada King Mining Corp.

TSXV:NKGLive AI agent

Nevada King is focused on growing its 100% owned, past-producing, 130km2 Atlanta Gold Mine project located in southeast Nevada.

Investor website: https://nevadaking.ca/

About

Nevada King is focused on growing its 100% owned, past-producing, 130km2 Atlanta Gold Mine project located in southeast Nevada. The project hosts an NI 43-101 compliant pit-constrained oxide resource of +1moz at +1g/t Au, while the ongoing exploration program looks to expand the resource zone and discover satellite deposits. Nevada King offers investors exposure to a high-grade oxide gold resource and an aggressive exploration program on an underexplored, highly prospective land package in the top mining jurisdiction.

Verified company data

Cash position
987,697
Shares outstanding
100,366,914
Fully diluted shares
106,176,914
Mineral resource
The Atlanta Mine is a historical gold-silver producer with an NI 43-101 compliant pit-constrained resource of 460,000 oz Au in the measured and indicated category (11.0M tonnes at 1.3 g/t) plus an inferred resource of 142,000 oz Au (5.3M tonnes at 0.83 g/t).
Projects
["### Atlanta Project\n\n1,562\n\n### Horse Mtn.-Mill Creek Project\n\n924\n\n### Lewis Project\n\n672\n\n### Iron Point Project\n\n1,194\n\n### Buffalo Valley Gold Project\n\nPOTENTIAL DEPOSIT TYPE :\n\nMarigold (5.3M oz Au) and Cove/McCoy (4M oz Au).\n\n- Widespread historical drilling in Upper Plate rocks by major and junior explorers during period 1985-2007.\n- Large claim block covers gravity anomalies between Phoenix and Cove/McCoy Mines and Mill Creek project area. This region is largely covered by alluvium.\n\n### Hilltop South Gold Project\n\nPOTENTIAL DEPOSIT TYPE :\n\nPipeline (22M oz Au), Marigold (5.3M oz Au), and Hilltop (2M oz Au).\n\n- On trend with and bounds southern and eastern margins of Nevada Gold Mines’ Hilltop Deposit (reported 2M oz Au @ 0.875 g/t).\n- Widespread historical drilling in Upper Plate lithotypes by major and junior explorers during period 1986-2011.\n- Rock samples collected by NvK in altered Upper Plate rocks across a 6km2 area range in gold values from <0.005 to 0.295 ppm and are accompanied by anomalous As-Hg-Sb.\n\n### Crescent Valley Au Project\n\nPOTENTIAL DEPOSIT TYPE :\n\nQuartz vein system at depth, possibly similar to the Fire Creek Mine (approx. 500,000 oz Au) located 25km to the northwest.\n\n- Historical drilling for gold by major explorers during period 1987-1994.\n- Chalcedony and opaline sheeted vein zone exposed for 1.5km along NE trending range-front fault.\n- Nevada King rock samples collected along the vein zone ranged from 0.014- 0.225ppm Au.\n\n### Cedars Carico Lake Gold Project\n\nPOTENTIAL DEPOSIT TYPE :\n\nCortez (17M oz Au), Marigold (5.3M oz Au ), and Lone Tree (4M oz Au).\n\n- Completely surrounds a small historical gold resource drilled by Chevron Resources in the early 1980s.\n- Widespread historical drilling by numerous major and junior explorers during the period 1981-2002 tested siliclastic and carbonate lithotypes in Upper Plate Roberts Mountain and Upper Plate Golconda assemblages.\n- Nevada King reconnaissance rock sampling widespread gold and tracer element anomalies over a large area, ranging in gold values from <0.005 to 2.89ppm.\n\n### Kobeh Valley Gold Project\n\nPOTENTIAL DEPOSIT TYPE :\n\nLower Plate replacement deposits (aka Carlin type) as seen within the Gold Bar area (1+M oz Au) and at Ruby Hill (2.3M oz Au).\n\n- Bounds southern margin of McEwen Mining’s Gold Bar mining complex, with reported M+I gold resource of 30M tons grading 0.92/t for 819,000oz (2019 estimate). Mineralization trends onto Nevada King’s large claim block.\n- Widespread historical drilling by major explorers during period 1990-2005.\n\n### Evana Gold & Vanadium Project\n\nPOTENTIAL DEPOSIT TYPE :\n\nIron Point Vanadium (V) and Ruby Hill (Au).\n\n- Geological setting very similar to Iron Point: vanadium mineralization at the surface in Upper Plate Vinini Formation, and gold targets in Lower Plate carbonate rocks below the Roberts Mountain Thrust adjacent to a Tertiary-age granitic stock.\n- Historical drilling for gold by major explorers during period 1986-1994.\n- Nevada King rock and soil sampling identified large area of strongly anomalous vanadium mineralization."]
Leadership
John Sclodnick (Chief Executive Officer & Director, John Sclodnick has worked in equity research for over a decade, most recently leading the mining equity research team at Desjardins Capital Markets since 2021. He has covered primarily precious metals companies, with a range of development stages from exploration to large cap producers.), Collin Kettell (Founder & Chairman, Mr. Kettell is a seasoned entrepreneur and resource sector leader. He co-founded New Found Gold Corp. in 2016 and Palisades Goldcorp Ltd., a Canadian resource investment firm, in 2013.), Jeff Stieber (Chief Financial Officer, Mr. Stieber brings 19 years of expertise in finance, accounting, strategy, and transactions, serving as a senior executive at Hycroft Mining, Klondex Mines, Tahoe Resources, White Pine Precious Metals, and Bendito Resources.), William Hayden (Independent Director, Geologist with over 38 years experience in the mineral exploration industry, much of it gained in Africa, Sth. America and the Asia-Pacific region.), Justin Daley, P.Geo. (Vice President Exploration, Mr. Daley is a professional geologist with over 15 years of mineral exploration experience, including a decade advancing caldera-related gold systems across central Nevada.), Michael Doolin (Independent Director, Mr. Doolin, with 35+ years in mining, drove growth as Karora’s SVP, increasing throughput from 340,000 to 1.6M tonnes yearly, aiding its merger.)

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