09:27 AM EDT, 10/21/2025 (MT Newswires) -- Nevada King Gold ( NKGFF ) Tuesday initiated drilling at the Western Rim Target, 100% owned Atlanta Gold Mine project, located in Battle Mountain Trend 264 kilometres northeast of Las Vegas, Nevada.
Drilling is ongoing, with 25,000 meters of the 30,000 meters planned Phase III regional drill program now complete. The Western Rim shows a multi-kilometer north-northeast trending corridor of multidirectional veins exhibiting "strong" epithermal-type alteration and vein structures.
The company said that high-crystallinity illite in exposed rhyolitic host rocks similar to gold hosts at the past producing Silver Park mine and the Atlanta Resource Zone (ARZ) indicate low-temperature hydrothermal alteration commonly associated with epithermal gold systems like the caldera-hosted, world-class Round Mountain Mine.
"The company's mapping and sampling in and around this recently exposed area has revealed a consistent pattern of NNE and NW-trending quartz veins hosting mineralization that is also more consistent and persistent compared to the rest of the Atlanta district," said Nevada King Exploration manager Cal Herron. "While exploration at the Western Rim is still at an early stage, the target exhibits all the hallmarks of a large, potentially significant gold system."
Nevada King said it is applying the latest airborne hyperspectral scanning and handheld spectrometer analysis available to speed-up exploration at the Atlanta Gold Mine project. The company continues to wait for additional assays from Silver Park, Atlanta South, and Atlanta North.
Shares of the company closed down 2.9% to $0.17 on Monday on the TSX Venture Exchange.