07:18 AM EST, 02/03/2026 (MT Newswires) -- Nevada King Gold ( NKGFF ) said Tuesday that assay results at the Silver Park East (SPE) target within the Atlanta Gold Mine Project in Nevada, returned at-surface, oxide gold-silver mineralization.

The results include assays from four holes drilled directly west of SPE, and five holes drilled 350m to the south of SPE. Highlights include 0.93 grams per ton (g/t) gold equivalent over 14.6m, and 0.69 g/t gold equivalent over 14.6m.

Additional drilling on the west side of the SPE target also extends the SPE zone a further 50m west and now confirms gold and silver mineralization across a 300m by 500m footprint at SPE. It also draws a link toward the mineralization encountered at surface a further 350m to the south. Additional drilling is planned to connect these two zones, which would increase the size of the SPE targe, a statement said.

Phase 4 drilling continues at SPE with one reverse circulation drill rig currently infilling gaps within the main mineralized footprint to establish continuity.

"Expanding the footprint to 300 meters by 500 meters and identifying surface mineralization 350 meters to the south highlights the scale of the system. Importantly, the mineralization occurs in the same silicified breccia, at the same unconformity, and along the same structural corridor as the Atlanta Resource Zone, reinforcing our view that these are parts of a large-scale system. Our next step is to close the remaining gaps with RC drilling as we work toward defining a continuous oxide gold envelope," said vice president of exploration, Justin Daley.