NEVADA KING DOUBLES PHASE 4 DRILL PROGRAM TO 40,000 METRES, PROVIDES ASSAY RESULTS FROM SILVER PARK, AND A PROJECT WIDE PERMITTING UPDATE
Nevada King doubled its Phase 4 drill program to 40,000m and reported encouraging assay results and permitting progress at its 130 km2 Atlanta Gold Mine project. Positive BLM approval for a Western Rim Notice of Intent (33 RC sites) and advancement of a major Plan of Operations modification (PoO Mod 5: +78 RC and 404 RAB sites) materially improves exploration optionality and accelerates follow-up work. New Silver Park East results—most notably 0.30 g/t Au over 39.6m and 0.14 g/t Au over 158.5m—extend near‑surface oxide mineralization and validate prior RAB data, supporting potential resource growth. Market impact: the combination of larger drill program, robust assays and permitting de‑risking is bullish for the company’s asset valuation and supportive of positive sentiment toward gold‑focused juniors and broader precious‑metals exposure (XAUUSD).