Nevada King Gold Corp. announced assay results from six reverse circulation holes recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Highlights: These six holes concentrated on in-filling a sizeable information gap at the southwest corner of the historical pit along the Atlanta Mine Fault Zone (AMFZ).

Both southward and northward directed angle holes successfully tied mineralization to adjacent Sections 22-5N and 22-7N by bridging across a large pit collapse zone that has prevented vertical drilling within this part of the resource area since cessation of mining in 1985. This gap is quite apparent in where the angle hole traces are shown in red bridging across it from collar locations on lines 22-4N and 22-8N. Intercepts across this previously untested, approximately 100m-wide zone range in grade from 4.91 g/t Au and 41.4 g/t Ag to 1.41 g/t Au and 13.5 g/t Ag, with estimated true thicknesses ranging from 21m to 52m.

Highlight intervals in this segment include 4.91 g/t Au and 41.4 g/t Ag over 39.6m in AT23NS- 131C (previously released January 9, 2024), 1.41 g/t Au and 38.8 g/t Ag over 76.2m in AT23NS-168 and 1.86 g/t Au and 34.1 g/t Ag over 53.4m in AT23NS-167A. On the west side of the West Atlanta Graben Zone ("WAGZ"), AT23WS-50 returned 68.6m grading 0.343 g/t Au, indicating a drop in grade west of the West Atlanta Fault #2 ("WAF2"), currently considered to be the western margin of the WAGZ. For reference, previously released AT23WS-39 is located 30m to the east on the opposite side of the WAF2 and intersected 91.5m of 0.96 g/t Au.

Updated cross section 22-6N(4) looking north across the West Atlanta Fault that divides the AMFZ target on the east from the WAGZ target on the west. Along the AMFZ Au/Ag mineralization is largely hosted within a silica breccia horizon developed on top the Paleozoic dolomite and quartzite units, whereas mineralization within the WAGZ is largely hosted within volcanic tuff and sediments above the Paleozoic basement. All 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 weighed then crushed to 75% passing 2mm and pulverized to 85% passing 75 microns in order 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. Silver samples that run greater than 100ppm are also 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.