Nevada KING Extends Mineralization 150M Along Strike at Silver Park East
NEVADA KING EXTENDS MINERALIZATION 150M ALONG
STRIKE AT SILVER PARK EAST
VANCOUVER, BC
,
Nov. 10, 2025
/PRNewswire/ --
Nevada King Gold Corp. (TSX-V: NKG; OTCQB: NKGFF)
("
Nevada King
" or
the "
Company
") is pleased to announce results for the remaining 10 holes at its Silver Park East target from the Phase III drill
program. Silver
Park East
("
SPE
") is located 2km west of the Atlanta Resource Zone ("
ARZ
"), within the Company's 13,000 hectare
(130km
2
), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of
Las Vegas,
Nevada
(see Table 1).
Silver Park East Highlights:
Drill results released today confirm gold and silver mineralization over a
450m
by
300m
footprint, with a strike extension of
150m
, and clear expansion potential demonstrated by an untested
270m
gap to the southeast.
Continuity and scale of
mineralization suggest SPE may represent a new satellite oxide gold and silver zone (see Figure 1).
Notable intervals from reconnaissance drilling at SPE include 0.25 g/t AuEq over
70.1m
in AT25SP-41 and 0.30 g/t AuEq over
41.1m
in AT25SP-37. Hole AT25SP-36 intercepted 1.60 g/t AuEq over
4.6m
which is part of an
86.8m
interval consisting of three
separate mineralized horizons starting at
35m
depth that taken together average 0.53 g/t AuEq over
22.9m
Mineralization at SPE remains open to expansion to the east and to the south and is hosted within the same dolomite host rocks
at the unconformity and shows the same geochemical signatures as the ARZ, indicating a shared mineralizing system.
Follow up drilling will test the undrilled
270m
gap between holes AT25SP-33 and AT25SP-41 in an effort to expand the
mineralized envelope to the southeast. It will target structurally enhanced zones within this envelope, such as 0.84 g/t AuEq over
7.6m
in AT25SP-35, in order to identify cross-cutting fault intersections and fluid pathways similar to those that define high-grade
domains at the ARZ and improve overall grade distribution.
Justin Daley
, VP Exploration of
Nevada King
, stated, "The objective of the Phase III regional exploration program was to identify
additional oxide gold zones beyond the ARZ. Despite the post-mineral cover across the area, the potential at Silver Park East is now
clear, with low grade oxide gold and silver consistently found at the unconformity over a wide area, and gold vectors bringing an
emerging model for the source of those mineralizing fluids into sharper focus.
"Drilling at the ARZ, which we now strongly believe is the same mineralizing event as SPE, has demonstrated that the highest gold
grades occur at the intersection of these structural corridors where hydrothermal activity was strongest. Our task now is to map those
key fluid pathways and test the intersections at SPE and elsewhere within the district, where we believe the best grades remain to be
found, guided by trace element vectors and newly identified hyperspectral alteration zones."
Figure 1. Plan view of Silver Park East target showing mineralization over a 450m by 300m area in relationship to district scale. (CNW
Group/Nevada King Gold Corp.)
Hole No.
From (m)
To (m)
Interval (m)
Au (g/t)
Ag (g/t)
AuEq* (g/t)
AT25SP-33
100.6
102.1
1.5
0.46
4.6
0.51
AT25SP-34
103.6
109.7
6.1
0.10
6.7
0.18
AT25SP-35
44.2
51.8
7.6
0.16
60.16
0.84
AT25SP-36
35.0
39.6
4.6
0.17
125
1.6
And
88.4
94.5
6.1
0.24
22.8
0.5
And
109.7
121.9
12.2
0.1
4.2
0.15
AT25SP-37
147.9
189.0
41.1
0.11
16.12
0.30
Includes
147.8
163.1
15.3
0.22
39.0
0.66
AT25SP-38
140.2
189.0
48.8
0.11
8.5
0.20
AT25SP-39
+
233.2
272.8
39.6
0.091
11.3
0.22
AT25SP-40
176.8
184.4
7.6
0.10
43.3
0.6
AT25SP-41
80.8
150.9
70.1
0.2
4.0
0.25
Includes
80.8
85.3
4.5
0.34
11.0
0.46
Includes
92.9
103.6
10.7
0.27
13.0
0.42
Includes
115.8
129.5
13.7
0.40
1.74
0.42
AT25SP-42
120.4
134.1
13.7
0.33
11.3
0.46
Table 1. Drill holes released today from the Silver Park East target. + Denotes composite assay interval due to lost
circulation zone. *AuEq based on US$2,200/oz Au and US$25/oz Ag, as applied to mineral resource
estimate.
Phase III Update
The Company has now completed
28,000m
of the planned
30,000m
Phase III regional exploration program. Assays for
7,815m
are
pending release and assay.
QA/QC Protocols
All Reverse Circulation (RC) samples from the Atlanta Project 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 ("
NI 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 10-NOV-25