202612 releases
Nevada King Intercepts 2.58 g/t Au Over 29.3m From Surface and Bottoming in Mineralization at East Ridge and Continues to Expand Near Surface Oxide Gold at Silver Park
Nevada King Gold reported assay results from its Rotary Air Blast (RAB) reconnaissance drilling at the East Ridge Target and Silver Park Target within its 100%-owned Atlanta Gold Mine Project in eastern Nevada. Hole AT26ERB-70 intersected 2.58 g/t Au over 29.3m from surface, ending in mineralization, and the RAB drilling is limited to a maximum depth of 30 metres. The Company plans deeper RC drilling to test the mineralized systems at depth.
Drill resultsNevada King Announces Gold Bullion Holdings as Part of Treasury Management Program
C$8M was invested in exchange-traded securities backed by physical gold bullion held by the Royal Canadian Mint, giving exposure to about 1,240oz of gold at an average cost of roughly US$4,340 per ounce, under a board-approved treasury management program; the position is not expected to be liquidated for at least 12 months. A further C$5M is held in GICs and short-duration investment-grade debentures maturing in one to 10 months. As at September 21, 2026, cash, short-term investments and gold holdings totaled approximately C$16M.
CorporateNevada King Secures Fourth Drill Rig to Atlanta, Provides Exploration Drilling Update
A second Rotary Air Blast drill has been contracted for the 100%-owned, 130km² Atlanta Gold Mine Project in southeast Nevada, expected on site in September and bringing the rig count to four, including two RC rigs; about 20,000m of the 40,000m Phase 4 RC program is complete. Mapping and sampling outlined the previously undrilled Splay Zone, roughly 500m by 300m, north and east of the Atlanta pit. Atlanta South road construction is complete, with East Ridge RC drilling anticipated in Q4.
Drill resultsNevada King Announces Results of Shareholder Meeting
Shareholders re-elected Collin Kettell, John Sclodnick, William Hayden and Michael Doolin to the board at Nevada King Gold's meeting held August 20, 2026, with 65,425,430 common shares, approximately 65.19% of outstanding shares as at the record date, represented in person or by proxy. Shareholders also approved the re-appointment of Davidson & Company LLP as auditor at remuneration to be fixed by the board, and the renewal of the Company's stock option plan.
CorporateNevada King Receives BLM Approval for 482 Additional Drill Sites, Adds Third Drill Rig to Accelerate Fully Funded 40,000m Drill Program
The BLM has approved a fifth modification to the Plan of Operations at the 100%-owned 130km² Atlanta Gold Mine Project in eastern Nevada, permitting 78 additional reverse circulation and 404 rotary air blast drill sites, primarily in the Atlanta South, Silver Park and Western Rim target areas. New disturbance totals 21.1 acres, bringing the project total to 73.4 acres. A third rig, an additional RC rig, is mobilizing, with both RC rigs on two 12-hour shifts. With about C$18.1 million in cash, the 40,000 metre Phase 4 RC program is fully funded, with roughly 12,000 metres drilled to date.
CorporateNevada King Intercepts 4.68 G/T Au Over 7.3M and 1.00 g/t Au Over 26.8M Near Surface and Bottoming in Mineralization at East Ridge Target
RAB reconnaissance drilling at the East Ridge Target, immediately east of the Atlanta pit and outside the current resource at the 100%-owned 130km2 Atlanta Gold Mine Project in eastern Nevada, returned 4.68 g/t Au over 7.3m from 21.9m in hole AT26ERB-16, 0.75 g/t Au over 26.8m from surface in AT26ERB-18, and 1.00 g/t Au over 26.8m from 2.4m in AT26ERB-42, with holes 16 and 42 ending in mineralization. Follow-up RC drilling is planned for the second half of the year once PoO Mod 5 is approved by the Bureau of Land Management, permitting 78 additional RC and 404 RAB drill sites.
Drill resultsNevada King Graduates To The Premium OTCQX Best Market, Enhancing Visibility For U.S. Investors
Nevada King Gold Corp.'s common shares began trading on the OTCQX Best Market under the ticker NKGFF on June 26, 2026, moving up from the OTCQB Venture Market, with no change to share capital. The shares continue to trade on the TSX Venture Exchange as NKG. The company attributed meeting the tier's financial and share price thresholds to its share consolidation completed May 7, 2026, and said its 40,000-metre Phase 4 drill program at the Atlanta Gold Mine project in Nevada is underway.
CorporateNevada King to Effect Share Consolidation
A one-for-five share consolidation has been approved by Nevada King Gold's board, with post-consolidation trading on the TSX-V expected to begin May 7, 2026 under the unchanged symbol NKG and new ISIN CA64135V2049 and CUSIP 64135V204. Shares outstanding would fall from 501,834,569 to approximately 100,366,913, with fractional interests rounded to the nearest whole share and no consideration paid for rounded-down fractions. Outstanding stock options will be proportionately adjusted.
CorporateNevada King Doubles Phase 4 Drill Program to 40,000 Metres, Provides Assay Results from Silver Park, and a Project Wide Permitting Update
The Phase 4 RC drill program at the 100%-owned 130 km² Atlanta Gold Mine Project in eastern Nevada has been expanded from 20,000 metres to 40,000 metres, excluding ongoing RAB drilling. Assays from 18 new Silver Park holes include 0.30 g/t Au over 39.6m from 10.7m (AT26SP-61) and 0.14 g/t Au over 158.5m from 13.7m (AT26SP-62); 11 holes exceeded the resource cut-off grade. The BLM approved a Notice of Intent for 33 RC drill sites at Western Rim, where rock chips assayed up to 20.8 g/t Au, and PoO Mod 5 covering 78 RC and 404 RAB sites is advancing.
Drill resultsNevada King Closes $16.3 Million Financing Including a $10.4M Strategic Investment By Centerra Gold Inc.
A non-brokered private placement of 77,739,774 common shares at C$0.21 each closed for gross proceeds of approximately C$16.3 million, with Centerra Gold acquiring 49,681,622 shares for about C$10.4 million, giving it 9.9% of outstanding shares and financing participation and information rights while it holds at least 5%. Chairman Collin Kettell and largest shareholder Michael Parker took part for roughly C$5.9 million combined. Proceeds will fund regional and reconnaissance exploration at the Atlanta Gold Mine Project in Nevada, targeting Silver Park, Atlanta South, Atlanta North and Western Rim, plus working capital.
FinancingNevada King Announces $16 Million Financing Including a $10M Strategic Investment by Centerra Gold Inc.
A fully subscribed non-brokered private placement will raise total gross proceeds of approximately C$16 million, including a C$10 million strategic investment by Centerra Gold Inc. for 9.9% of outstanding common shares at C$0.21 per share, matching the 20-day VWAP. Chairman Collin Kettell and largest shareholder Michael Parker intend to contribute about C$6 million to maintain pro-rata ownership. Proceeds will fund regional exploration at the Atlanta Gold Mine Project in Nevada, targeting Silver Park, Atlanta South, Atlanta North and Western Rim. Closing is expected in the second quarter of 2026.
FinancingNevada King Expands Silver Park East Mineralization With 350m Step-Out, Intercepts 0.93 g/t AuEq Over 14.6m Starting at Surface
RAB drilling at the Silver Park East target, 2km west of the Atlanta Resource Zone on the 100%-owned 130km2 Atlanta Gold Mine Project in eastern Nevada, returned 0.93 g/t AuEq over 14.6m from 7.3m depth in hole B25-101 and 0.69 g/t AuEq over 14.6m from surface in B25-100, both 350m south of the main SPE zone, plus 0.23 g/t AuEq over 29.3m from surface in B25-110. Mineralization now covers a 300m by 500m footprint. 2,100m of the funded 20,000m Phase 4 program is complete, with RC assays expected later this month.
Drill results
20255 releases
Nevada King Reviews 2025 Achievements and 2026 Exploration Strategy
A year-in-review for the 100%-owned 130km² Atlanta Gold Mine Project in eastern Nevada noted a June 2025 NI 43-101 resource update that raised measured and indicated resources 122% to over 1 million ounces of oxide gold in 27.7 million tonnes grading 1.14 g/t Au, plus an inferred 99koz Au (3.6M tonnes at 0.84 g/t). A 30,000m Phase 3 drill program identified new targets including Silver Park East (450m x 300m) and Western Rim, with rock chips up to 20.8 g/t Au. The Phase 4 program announced December 11, 2025 includes an initial 20,000m of drilling. John Sclodnick was appointed CEO, Jeff Stieber CFO, Justin Daley VP Exploration and Collin Kettell Chairman.
CorporateNevada King Announces Fully Funded 20,000m, Phase 4 Exploration Program Designed to Advance Multiple Regional Targets Identified in Phase 3
A fully funded Phase 4 exploration program of 20,000m has been launched at the 100%-owned 130km² Atlanta Gold Mine Project in eastern Nevada, following the 30,000m Phase 3 program. Of this, 5,000m is allocated to Silver Park East to tighten spacing across the 450m by 300m mineralized footprint and test a 270m gap to the southeast, with 15,000m for Atlanta South, Atlanta North and Western Rim. Two RC drills are on site, and the Company will apply for a fifth Plan of Operations modification.
Drill resultsNevada King Extends Mineralization 150m Along Strike at Silver Park East
Results from the final 10 holes at the Silver Park East target, part of the Phase III drill program at the 13,000-hectare Atlanta Gold Mine Project in Nevada, confirm gold and silver mineralization over a 450m by 300m footprint with a 150m strike extension and an untested 270m gap to the southeast. Intervals include 0.25 g/t AuEq over 70.1m, 0.30 g/t AuEq over 41.1m, and 1.60 g/t AuEq over 4.6m. 28,000m of the planned 30,000m program is complete, with assays for 7,815m pending.
Drill resultsNevada King Announces Justin Daley as Vice President Exploration
Justin Daley has been appointed Vice President Exploration of Nevada King Gold Corp., effective immediately, reporting to CEO John Sclodnick and working with Exploration Manager Cal Herron. Daley is a professional geologist with over 15 years of experience, most recently CEO of VR Resources. The Company also granted an aggregate of 12,050,000 stock options to certain directors and officers, exercisable at $0.25 until October 31, 2030, with staged vesting for directors and officers.
ManagementNevada King Begins Drilling Newly Discovered Multi-Kilometer Vein Corridor at “Western Rim” Target
Drilling has begun at the Western Rim target, a previously undrilled 2.5km x 1.5km vein corridor on the 100%-owned, 13,000 hectare Atlanta Gold Mine Project in Nevada's Battle Mountain Trend, where quartz veins mapped over a 2.5km strike have returned rock chip samples grading up to 20.8 g/t gold. Phase III regional drilling has reached 25,000m of a planned 30,000m, with assays pending from Silver Park, Atlanta South and Atlanta North. Nevada King also engaged Atrium Research for 12 months from October 22, 2025, at $3,500 per month, subject to TSX Venture Exchange approval.
Drill results