Nevada KING Bolsters Its Technical Team with Appointment of Three Key Ex-Newmont Geologists: Lewis Teal, Mac Jackson & Mike Bersch
NEVADA KING BOLSTERS ITS TECHNICAL
TEAM WITH APPOINTMENT OF THREE KEY
EX-NEWMONT GEOLOGISTS: LEWIS TEAL,
MAC JACKSON & MIKE BERSCH
VANCOUVER, BC
,
April 14, 2022
/CNW/ -
Nevada King Gold Corp.
(TSXV: NKG) (OTCQX:
NKGFF) ("
Nevada King
" or the "
Company
") is pleased to announce that it is bolstering its technical
team with the addition of
Lewis Teal
as Chief Technical Advisor, as well as
Mac Jackson
and
Mike
Bersch
as consulting geologists.
Highlights
Mr.
Lewis Teal
, M.Sc., B.Sc. Geo
, has accepted the role of
Chief Technical Advisor
to the
Company.
Mr. Teal has over 40 years, including 28 years with Newmont from 1988-2015, of
experience in the mining industry.
In his new role, Lew will focus on technical coordination of
the Company's current exploration and drilling programs and the initiation of new exploration
activities across the Company's full project portfolio, and he will oversee the transition of the
Company's Atlanta Gold Project into early-stage development.
Mr.
Mac Jackson
, M.Sc., B.A. Geo
, has accepted a consulting geologist role for
Nevada King
.
Mr. Jackson led exploration teams as a senior geologist for Newmont Exploration contributing
to the discovery of several multi-million ounce gold deposits in
Nevada
, including the Leeville
(Newmont), Fiberline (Newmont) and North Dark Star (Gold Standard Ventures) deposits.
Dr.
Mike Bersch
, Ph.D.,
Geo,
has accepted a consulting geologist role for the Company.
Dr.
Bersch has over 40 years of experience in mineral exploration, most recently as part of
Newmont Mining's team on the Sabajo Gold Project, Suriname, and as Chief Geologist in
South America
.
Both Mr. Jackson and Dr. Bersch will initially focus on a comprehensive relogging campaign of
all available historical core and rotary drill holes from the Company's Atlanta Gold Mine Project,
then follow by updating the geological interpretation and the Company's
Atlanta
District 3D
modelling, both of which will incorporate the reinterpreted historic drilling and results from the
2021 and 2022 Nevada King drilling programs.
As the Atlanta Project advances to early-stage development, the Company will use the new
integrated 3D geologic model as the basis for an updated resource estimate and to proceed
with feasibility studies with the objective of demonstrating positive project economics.
Collin Kettell
, CEO of
Nevada King
, stated: "With Cal Herron as Exploration Manager, the recent
addition of
Gary Simmons
as consulting metallurgist, and now
Lewis Teal
,
Mac Jackson
and
Mike
Bersch
, as Chief Technical Advisor and consulting geologists, respectively,
Nevada King
has a
technical team with a combined 150 years of knowledge, experience, and insights, importantly much
of it in
Nevada
.
Nevada King
is now armed with an extensive land package along the
Battle Mountain
trend, a highly experienced management and technical team with a track record of discovery
success, and is well financed to unlock the exploration potential of its
Battle Mountain
trend land
holdings, including at its Atlanta Gold Mine, Iron Point, and Lewis projects."
Lewis Teal
Lewis Teal
received his M.S. degree in Geology from the
University of Texas
–
El Paso
in 1979.
Lew has 40+ years of experience in the mining industry that includes experience in greenfields
exploration, near-mine exploration and development in the U.S.,
South America
, the Caribbean
Region, and assignments in
Mexico
,
Turkey
,
Indonesia
and
Southern China
. He served as a Sr. and
Regional Geologist and then District Exploration Team Sr. Technical Mgr. at Newmont Mining's
Carlin Trend Operations, Nevada (1993-1999); Exploration Manager for Newmont Mining's,
Yanacocha operation (2002-2006) and as Newmont's Manager and then Group Executive of
Exploration and Early-Stage Development for
South America
and the Caribbean Region (2006-
2015). During his career he has been involved in multiple discoveries of gold and copper deposits
including the Black Hills,
South Dakota
and
Carlin Trend
,
Nevada, USA
,
Peru
and Suriname.
Following his retirement in 2015 after 28 years with Newmont Mining, Lew has been engaged as a
private consultant based out of
Albuquerque, New Mexico
. In this role Lew has consulted to a variety
of mining companies providing exploration evaluations for early to advanced stage development
projects in
Chile
, Nevada,
Arizona
,
Alaska
,
Northern Europe
and the
Middle East
(KSA). Lew is a
licensed Certified Professional Geologist with the American Institute of Professional Geologists
(C.P.G. #6932). As such, he is considered a Qualified Person under Canadian National Instrument
43-101 ("
NI 43-101
") regulations.
Mac Jackson
Mac is a Certified Professional Geologist (AIPG #11661) with twenty-six years of experience
managing and contributing to gold exploration programs. He led exploration teams as a senior
geologist for Newmont Exploration and, most recently, as VP of Exploration for Gold Standard
Ventures, contributing to the discovery of several multi-million ounce gold deposits in
Nevada
,
including the Leeville (Newmont), Fiberline (Newmont) and North Dark Star (Gold Standard
Ventures) deposits. Mac has a Master of Science degree from the
University of Nevada
–
Reno
and
a Bachelor of Arts degree from
Dartmouth College
and has published and presented several
technical papers on Carlin-type gold deposits.
Michael Bersch
Michael is a Certified Professional Geologist (APIG#11008) with over 40 years of experience in
mineral exploration, research and education. His experience includes exploration projects in the U.S.,
Australia
,
Canada
, and Central and
South America
. Michael served as VP Exploration with Moruya
Gold Mines NA on the Golden Reward Mine (now part of Wharf/Coeur Mining),
South Dakota
, and
as Director and VP of Exploration with Pangea Resources Ltd. on the Pauper's Dream (Basin Creek
Mine),
Montana
. He served as Assistant to the Vice President for Research, Director of Central
Analytical Facility, and adjunct professor of Geology at The
University of Alabama
, where he taught
courses in economic geology, analytical instrumentation, and physical and historical geology. Most
recently Michael worked as part of Newmont Mining's exploration team on the Sabajo Gold Project,
Suriname, and as Newmont's Chief Geologist in
South America
. He holds a Ph.D. in geology from
the
University of New Mexico
. He is a licensed geologist (WA #21034794) and an AIPG Certified
Professional Geologist. Michael also holds a Law Degree from The
University of Alabama
School of
Law.
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 staked 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 targeted based on their potential for hosting multi-million ounce gold deposits and were
subsequently staked following a detailed geological evaluation. 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 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.
Tabulation of NI 43-101 Mineral Resources at the Atlanta Mine
Resource Category
Tonnes
(000's)
Au
Grade
(ppm)
Contained
Au Oz
(000's)
Ag
Grade
(ppm)
Contained
Ag Oz
(000's)
Measured
4,130
1.51
200
14.0
1,860
Indicated
6,910
1.17
260
10.6
2,360
Measured+Indicated
11,000
1.30
460
11.9
4,220
Inferred
5,310
0.83
142
7.3
1,240
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 at [email protected] or (301) 744-8744
CO: Nevada King Gold Corp.
CNW 07:30e 14-APR-22