Nevada KING Appoints Ex-Newmont Director of Metallurgy & Technology Gary Simmons as Metallurgical Consultant to Its Atlanta GOLD MINE Project, Nevada
NEVADA KING APPOINTS EX-NEWMONT
DIRECTOR OF METALLURGY &
TECHNOLOGY GARY SIMMONS AS
METALLURGICAL CONSULTANT
TO ITS
ATLANTA GOLD MINE PROJECT, NEVADA
VANCOUVER, BC
,
April 12, 2022
/CNW/ -
Nevada King Gold Corp.
(TSXV: NKG) ("
Nevada
King
" or the "
Company
") is pleased to to announce that it has retained metallurgist
Gary Simmons
as an independent consultant to conduct a systematic metallurgical testwork program at the
Company's 100% owned Atlanta Gold Mine Project ("
Atlanta
"), located approximately 264km
northeast of
Las Vegas
in the Battle Mountain Trend, Nevada. This work is designed to assess and
optimize gold recovery from representative sampling from across various zones of gold
mineralization selected from recent drilling at
Atlanta
.
Highlights
Gary Simmons
is a highly experienced, internationally-recognized metallurgist who has
previously served as Director of Metallurgy and Technology of Newmont Mining Corporation, for
which he managed corporate metallurgical laboratory and R&D staff responsible for global
Newmont process development and engineering design projects.
Starting
February 2022
, Gary began the process of reviewing and designing a metallurgical
testwork program at
Atlanta
with the objective of understanding potential ore-type
classifications including oxide, transitional (mixed oxide/sulfide) and sulfide, as well as
understanding potentially deleterious minerals and the conditions that may affect gold and silver
recoveries.
This testwork program is designed to determine gold (and possibly silver) recovery in an oxide
recovery circuit.
As part of this program,
Nevada King
submitted 1,009 drill samples that were taken from
various portions of the
Atlanta
resource area to American Assay Labs for initial gold cyanide
solubility testing.
A primary goal of this testwork is to understand what types of recovery methods may apply to
Atlanta
ore types in a potential mining scenario, where historically only milling and cyanide leach
were used.
Also important, this testwork will define the metallurgical domains that will either constrain or
expand the size of the ore body based on recoveries. This will in turn directly assist the
Company in drill targeting and program strategy as it continues to execute at
Atlanta
.
The results of this testwork are anticipated to be received by the end of June.
Cal Herron
, Exploration Manager for
Nevada King
, stated: "We are very pleased to welcome Gary
Simmons to our team as our metallurgical consultant. Gary brings a long and successful track record
in mineral processing and project development that will be highly beneficial as we advance our
Atlanta Gold Mine Project. Our maiden drill program was very successful in outlining a high-grade
corridor of gold mineralization along the Atlanta Mine Fault, as well as a large halo of lower grade
mineralization emanating from the fault area. To better prioritize drill targets at
Atlanta
,
understanding and optimizing gold recoveries across all styles of the mineralization is key to
advancing the project."
Gary has over 40 years of experience with internationally recognized mining companies, in the areas
of project management, process development, operations, design engineering, R&D and corporate
due diligence activities. Gary has numerous patents in the fields of pressure oxidation of gold, silver
and copper ores, and in the flotation of precious metals and PGM ores. Gary's previous roles have
included: Mill Superintendent for The New Jersey Zinc Company and Noranda Mining Company,
Director of Metallurgy for Meridian Minerals Company and Santa Fe Pacific Gold Corp., and
Director of Metallurgy and Technology for Newmont Mining Corporation, where he managed
Newmont's corporate metallurgical laboratory and R&D staff and a staff of Process Managers
(engineers) responsible for global Newmont process development and engineering design projects.
Upon retirement from Newmont in 2008, Gary has continued as an independent consultant on
multiple North American and international mining operations and development projects, providing
operations technical consulting guidance and managing metallurgical testing and process design
activities. Gary is a Qualified Person (QP) registered with the Mining and Metallurgical Society of
America, with special expertise in Metallurgy (Member Number - 01013QP).
About Nevada King Gold Corp.
Nevada King
is the third largest mineral claim holder in the
State of Nevada
, behind
Nevada Gold
Mines
(Barrick/Newmont) and
Kinross Gold
. Starting in 2016 through to the present day the
Company has sequentially staked multiple large project areas hosting significant historical
exploration work along the
Battle Mountain
trend located close to current or former producing gold
mines. These project areas were initially selected based on their potential for hosting multi-million
ounce gold deposits and were subsequently staked following a detailed geological evaluation by the
Company. District-scale projects in
Nevada King's
portfolio include (1) the 100% owned Atlanta
Mine, located 100km southeast of
Ely
, (2) the Lewis and Horse Mountain-Mill Creek projects, both
located between
Nevada Gold Mines'
large
Phoenix
and Pipeline mines, and (3) the Iron Point
project, located 35km east of
Winnemucca, Nevada
.
The Atlanta Mine is a historical gold-silver producer with a National InstrumentI 43-101 ("
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). See
the NI 43-101 Technical Report on Resources titled "Atlanta Property,
Lincoln County, NV
" with an
effective date of
October 6, 2020
, and a report date of
December 22, 2020
, as prepared by
Gustavson Associates and filed under the Company's profile on SEDAR (
www.sedar.com
). The
scientific and technical information in this news release has been reviewed and approved by
Calvin
R. Herron
, P.Geo., who is a Qualified Person as defined by NI 43-101.
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 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. Forward-looking statements in this news release relate to, among other
things, the Company's exploration plans and the Company's ability to potentially expand mineral
resources and the impact thereon. 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, 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 given the global COVID-19 pandemic, 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 the forward-looking statements of beliefs, opinions, projections, or
other factors, should they change, except as required by applicable securities laws.
SOURCE
Nevada King Gold Corp.
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For further information:
Collin Kettell, [email protected]
CO: Nevada King Gold Corp.
CNW 07:30e 12-APR-22