Nevada King Gold Corp. announced assay results from five vertical reverse circulation ("RC") holes recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Highlight holes reported made a blind discovery 200m southwest of the Atlanta Pit in a previously untested area within the southern extension of the West Atlanta Graben Zone ("WAGZ") and are plotted in plan and along a new Section 22-4N, the southernmost section line released to date at Atlanta.

Highlights: AT23HG-34 drilled along the West Atlanta Fault ("WAF") and returned 2.15 g/t Au over 96m, including 4.50 g/t Au over 27.4m. AT23HG-37 was collared 36m west of AT23HG-34 in Eureka Quartzite and drilled through 170m of barren, Ordovician-age quartzite before intersecting Tertiary-age volcanic-hosted mineralization returning 1.89 g/t Au over 114.3m including 27.06 g/t Au over 4.6m; The presence of high-grade oxide mineralization beneath the Eureka Quartzite in AT23HG-37 is considered a major development as it indicates strong potential for extending the Atlanta resource zone southward into the South Quartzite Ridge Target (SQRT). The SQRT is an undrilled target area measuring approximately 1,000m long x 200m wide that is contiguous to the Atlanta resource area and on trend with the major faults that are interpreted as the primary plumbing for the mineralizing fluids that deposited high-grade gold at Atlanta.

These major feeder structures include the WAF, the West Atlanta #1 and #2 Faults, the Atlanta King Fault, and the East Atlanta Fault; Previous explorers believed that gold mineralization terminated at the easterly trending South Fault and saw no potential for a southward continuation of mineralization along the WAF and into the SQRT. The South Fault appears to have no connection with gold mineralization and is instead most likely a post-mineral structure, while the mineralized WAF continues south into the SQRT. Past operators did conduct limited drilling to test south of the South Fault, but utilized angle holes that generally missed the mineralized horizon.

As such, no historical drilling was conducted south of Section 22-4N leaving the SQRT undrilled; CSAMT lines crossing the ridge show a resistivity low where the SQRT is projected beneath the Eureka Quartzite extending several hundred metres south of Section 22-4N, which may be correlative with the mineralization hit in AT23HG-37; The total width of mineralization across Section 22-4N is 375m. Mineralization to the west approaching the West Atlanta Fault #2 remains open and untested.