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Mining News January 13, 2023 01:10:57 PM

Nevada King Intercepts High-Grade Gold at Atlanta Gold Mine

Paul Ploumis
ScrapMonster Author
The new holes were intended to expand drill-defined gold mineralization at Atlanta to the east and west from holes previously drilled in 2021 and at the beginning of 2022, south from the open-pit section of the site.

Nevada King Intercepts High-Grade Gold at Atlanta Gold Mine

SEATTLE (Scrap Monster): Nevada King Gold Corp. (TSX-V: NKG) (OTCQX: NKGFF) has revealed assay results from a series of four holes drilled at the Atlanta Gold Mine Project, northeast of Las Vegas.

The new holes were intended to expand drill-defined gold mineralization at Atlanta to the east and west from holes previously drilled in 2021 and at the beginning of 2022, south from the open-pit section of the site.

The company published the results on Thursday and reported consistent improvements in grade and thickness at the project compared to previous, less-favourable results. The four holes yielded the following results:

  •         Hole No. AT22HG-13: Total of 3.6 g/t Au over 82.3 metres, including 9.92 g/t Au over 27.4 metres; 17.59 g/t Au over 12.2 metres; and most notably 32.47 g/t Au over 4.6 metres
  •         Hole No. AT22NS-69: 1.57 g/t Au over 45.7 metres
  •         Hole No. AT22NS-80: 1.37 g/t Au over 48.8 metres
  •         Hole No. AT22RC-13: 0.99 g/t Au over 19. 8 metres

 

According to the Fraser Institute, Nevada is the top gold mining district in the world.

“This latest group of holes, together with the four holes released last week along Section 22-6N, provide us with a much more complete picture of the Atlanta Mine Fault Zone’s internal structure and of the controls on the gold mineralization,” said Nevada King’s Exploration Manager, Cal Herron.

 “Our exploration strategy will be the same – step out gradually to define geometry, then follow the interpreted trend.”

Courtesy: www.mugglehead.com

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