Nevada KING Reviews 2025 Achievements and 2026 Exploration Strategy
NEVADA KING REVIEWS 2025 ACHIEVEMENTS AND 2026
EXPLORATION STRATEGY
VANCOUVER, BC
,
Dec. 29, 2025
/CNW/ -
Nevada King Gold Corp.
(TSXV: NKG) (OTCQB: NKGFF) ("
Nevada King
" or the
"
Company
") is pleased to provide a summary of its key accomplishments during 2025 and review its exploration strategy for 2026 at
its 100% owned 130km
2
Atlanta Gold Mine Project ("
Atlanta
") in eastern Nevada. During 2025,
Nevada King
delivered significant
technical, exploration, and corporate milestones that materially advanced
Atlanta
and positioned the Company for continued growth
through discovery.
2025 Highlights:
Resource Growth and De-risking Metallurgy
In
June 2025
,
Nevada King
released
an updated NI 43-101 mineral resource estimate
for
Atlanta
, increasing measured and
indicated resources by 122% to over 1 million ounces of oxide gold contained within 27.7 million tonnes grading 1.14g/t Au,
establishing
Atlanta
as one of the highest-grade open-pit oxide gold projects in
North America
.
Phase 2 metallurgical testing
continued to demonstrate strong oxide recoveries using conventional processing methods and now
supports a more simplified flowsheet with run-of-mine ("
ROM
") heap leaching for the non-silicified volcanics and two-stage
crushing for the mill material.
Exploration Success
Nevada King
completed a
30,000m
Phase 3 drilling program, designed to test regional targets beyond the Atlanta Resource
Zone ("
ARZ
") across the district scale land package, much of which is concealed beneath thin post-mineral cover.
The program
successfully identified multiple new oxide gold targets
, establishing a pipeline of exploration opportunities at
various stages of advancement.
Silver
Park East
emerged as the most advanced new discovery, rapidly progressing from reconnaissance drilling to now infill-
stage exploration.
Drilling confirmed a broad zone of near-surface oxide gold and silver mineralization
covering an approximate
450m
x
300m
footprint, hosted along the same unconformity and within the same geological framework as the ARZ.
Phase 3 drilling
advanced targets at Atlanta South, Atlanta North
, and led to the identification of the
Western Rim target
, a large-
scale, early-stage opportunity characterized by extensive multi-directional quartz veining with rock chip samples grading up to
20.8 g/t Au.
Strengthening the Leadership Team
During 2025,
Nevada King
strengthened its leadership team to support the next phase of growth:
John Sclodnick
was appointed Chief Executive Officer, bringing extensive capital markets experience and strong institutional
investor and corporate relationships.
Jeff Stieber
joined as Chief Financial Officer, bringing extensive experience from precious metals companies at various
development stages and enhancing financial oversight.
Justin Daley
was appointed Vice President, Exploration, adding deep technical experience and advanced, data-driven
exploration capabilities.
Collin Kettell
was appointed Chairman of the Board, further strengthening governance and strategic leadership.
Outlook for 2026
Building on the momentum of 2025,
Nevada King
enters 2026 with a fully funded exploration program and a clear strategy to advance
its most prospective regional targets. The Company's Phase 4 exploration program,
announced on
December 11, 2025
, includes an
initial
20,000m
of drilling focused on:
advancing Silver Park East through infill drilling with the objective of evaluating its potential as a satellite oxide resource;
continuing follow-up drilling at Atlanta South and Atlanta North along the West Atlanta Fault, the primary mineralizing structure at
Atlanta
; and
advancing the Western Rim target through additional geophysical surveys and initial drill testing.
John Sclodnick
, CEO of
Nevada King
, stated: "2025 was a transformational year for
Nevada King
. We significantly grew and
improved the confidence of our resource base, demonstrated strong metallurgy, built a pipeline of new regional discoveries, and
strengthened our leadership team. The Phase 3 exploration program exceeded expectations and Silver Park East now represents a
compelling opportunity to continue to expand the resource base at
Atlanta
. As we move into 2026, we are fully funded for our Phase
4 drill program and remain focused on growing ounces while minimizing costs."
QA/QC Protocols
All Reverse Circulation ("
RC
") samples from
Atlanta
are split at the drill site and placed in cloth and plastic bags utilizing a nominal
2kg sample weight. CRF standards, blanks, and duplicates are inserted into the sample stream on-site on a one-in-twenty sample
basis, meaning all three inserts are included in each 20-sample group. Samples are shipped by a local contractor in large sample
shipping crates directly to American Assay Lab in
Reno, Nevada
, with full custody being maintained at all times. At American Assay
Lab, samples were weighted then crushed to 75% passing 2mm and pulverized to 85% passing 75 microns to produce a 300g
pulverized split. Prepared samples are initially run using a four acid + boric acid digestion process and conventional multi-element
ICP-OES analysis. Gold assays are initially run using 30-gram samples by lead fire assay with an OES finish to a 0.003 ppm
detection limit, with samples greater than 10 ppm finished gravimetrically. Every sample is also run through a cyanide leach for gold
with an ICP-OES finish. The QA/QC procedure involves regular submission of Certified Analytical Standards and property-specific
duplicates.
Qualified Person
The scientific and technical information in this news release has been reviewed and approved by
Nevada King
VP Exploration,
Justin
Daley
, P.Geo., a non-independent Qualified Person as defined by National Instrument 43-101.
About Nevada King Gold Corp.
Nevada King
is focused on advancing and growing its 100% owned, past producing, 130km
2
Atlanta Gold Mine project located along
the
Battle Mountain
trend in southeast Nevada. The project hosts an NI 43-101 compliant pit-constrained oxide resource of 1,020koz
Au in the measured and indicated category (
27.7M
tonnes at 1.14 g/t) plus an inferred resource of 99koz Au (
3.6M
tonnes at 0.84
g/t). See the NI 43-101 Technical Report titled "Technical Report and Estimate of Gold and Silver Mineral Resources for the
Atlanta
project,
Lincoln County, Nevada
, USA" with an effective date of
September 6, 2024
, and a report date of
July 18, 2025
, as prepared
by RESPEC (formerly Mine Development Associates) and filed under the Company's profile on SEDAR+
www.sedarplus.ca
.
NI 43-101 Mineral Resources at the Atlanta Mine by RESPEC 2025
Tonnes
Au g/t
Au oz
Ag g/t
Ag oz
AuEq g/t
AuEq oz
Measured
3,430,100
1.55
170,800
16.96
1,870,200
1.65
182,000
Indicated
24,280,200
1.09
848,800
8.73
6,817,200
1.14
887,700
M&I
27,710,300
1.14
1,019,600
9.75
8,687,400
1.20
1,069,700
Inferred
3,638,400
0.84
98,500
2.56
299,500
0.85
99,800
Please see the Company's website at
www.nevadaking.ca
.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward Looking Information
This news release contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking
statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact,
included herein, without limitation, statements relating to the future operations and activities of
Nevada King
, are forward-looking
statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates",
"believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results
"will", "may", "could", or" should" occur or be achieved. There can be no assurance that such statements will prove to be accurate,
and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements
reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions
and estimates that, while considered reasonable by
Nevada King
, are inherently subject to significant business, economic,
technical, geologic, environmental, regulatory, competitive, political and social uncertainties and contingencies. Many factors, both
known and unknown, could cause actual results, performance or achievements to be materially different from the results,
performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have
made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation, the ability
to complete proposed exploration work, the results of exploration, continued availability of capital, and changes in general
economic, market and business conditions. Readers should not place undue reliance on the forward-looking statements and
information contained in this news release concerning these items.
Nevada King
does not assume any obligation to update
forward-looking statements should beliefs, opinions, projections, or other factors, change, except as required by applicable
securities laws.
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For further information:
For more information, contact John Sclodnick at [email protected]. The Company's telephone number
is (845) 535-1486.
CO: Nevada King Gold Corp.
CNW 06:30e 29-DEC-25