Nevada KING Graduates to Tier 1 of the TSX Venture Exchange
NEVADA KING GRADUATES TO TIER 1 OF THE TSX
VENTURE EXCHANGE
VANCOUVER, BC
,
Oct. 15, 2025
/CNW/ -
Nevada King Gold Corp.
(TSXV: NKG) (OTCQB: NKGFF) ("
Nevada King
"
or the "
Company
") is pleased to announce that it has received approval to graduate from Tier 2 to Tier 1 issuer status on
the TSX Venture Exchange (the "
TSX-V
") effective
October 20, 2025
.
John Sclodnick
, CEO of
Nevada King
stated, "Achieving Tier 1 issuer status reflects the strength of our financial position,
enhances our visibility within the investment community, and validates the unique investment proposition that we offer, as
we continue to advance our Atlanta Gold Mine project while growing the resource base through our comprehensive
exploration programs."
The TSX-V classifies issuers into different tiers based on various factors, including historical financial performance, stage
of development, and available resources. Tier 1 is the TSX-V's highest tier and is reserved for more advanced companies
with significant financial resources. This upgrade signifies
Nevada King's
continued growth and its commitment to
providing long-term value for its shareholders.
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 on 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 in this release,
other than statements of historical fact, included herein, without limitation, statements relating to the future operations
and activities of
Nevada King
, plans, intentions, beliefs, and expectations 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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Nevada King Gold Corp.
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For further information:
For more information, contact John Sclodnick at [email protected] or (845) 535-1486
CO: Nevada King Gold Corp.
CNW 17:00e 15-OCT-25