# 06:30 ET NEVADA KING SECURES FOURTH DRILL RIG TO ATLANTA, PROVIDES EXPLORATION DRILLING UPDATE Nevada King Gold Corp. \(TSXV: NKG\) \(OTCQX: NKGFF\) \("Nevada King" or the "Company"\) is pleased to announce that it has secured a fourth drill rig for... Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/06-30-et-nevada-king-secures-fourth-drill-rig-to-atlanta-provides-exploration-dr--11e63a8a-10a4-4955-9a8c-916e8bdd7978 Original source: https://www.newswire.ca/news-releases/nevada-king-secures-fourth-drill-rig-to-atlanta-provides-exploration-drilling-update-879256277.html Publisher: cnw Original announcement: 2026-08-31T11:32:46.671Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Nevada King Gold Corp. - Ticker: NKG - Exchange: Unavailable - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Drill results, Other - Extracted: 2026-08-31 11:35:36 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Nevada King Gold Corp. has secured a fourth drill rig, including a second RAB rig, to accelerate its 40,000m Phase 4 exploration program at the Atlanta Gold Mine Project. The company has also completed road construction at Atlanta South and identified a new, untested 500m x 300m gold target at the Splay Zone. Reasoning: The company is accelerating its Phase 4 program by adding a second RAB rig and completing road access to untested targets, supported by recent high-grade intercepts. - Positive factor: Expansion of drilling capacity with fourth rig - Positive factor: Identification of new untested target \(Splay Zone\) - Positive factor: Infrastructure completion at Atlanta South - Positive factor: High-grade RAB results at East Ridge - Negative factor: RAB drilling depth limited to 30m Facts used in scoring: 3 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The company has identified a large, previously undrilled gold target at the Splay Zone. Evidence · text > identified a large, previously undrilled gold target located immediately north of the East Ridge Target **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release details specific laboratory procedures, digestion methods, and fire assay protocols. Evidence · text > Samples are shipped by a local contractor directly to American Assay Lab in Reno, Nevada ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/06-30-et-nevada-king-secures-fourth-drill-rig-to-atlanta-provides-exploration-dr--11e63a8a-10a4-4955-9a8c-916e8bdd7978#fact-drill-facts-0) Atlanta Gold Mine Project · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Atlanta Gold Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Geometry - Grade: 4.68 - Grade Unit: g/t - Intercept: 7.3 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-07-07T00:00:00.000Z #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: 4.68 g/t Au over 7.3m is a strong intercept for the project, though noted as a restatement of July 7 results. - Positive factor: High grade intercept Evidence · text > 4.68 g/t Au over 7.3m returned by RAB drilling at the East Ridge Target ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/06-30-et-nevada-king-secures-fourth-drill-rig-to-atlanta-provides-exploration-dr--11e63a8a-10a4-4955-9a8c-916e8bdd7978#fact-drill-facts-1) Atlanta Gold Mine Project · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Atlanta Gold Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 26.8 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes - Historical Source Date: 2026-07-07T00:00:00.000Z #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: 1.00 g/t Au over 26.8m is a solid intercept, though noted as a restatement of July 7 results. - Positive factor: Significant width Evidence · text > 1.00 g/t Au over 26.8m, both bottoming in mineralization ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/06-30-et-nevada-king-secures-fourth-drill-rig-to-atlanta-provides-exploration-dr--11e63a8a-10a4-4955-9a8c-916e8bdd7978#fact-drill-facts-2) Atlanta Gold Mine Project · gold Needs review: ungrounded #### Identity - Project: Atlanta Gold Mine Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Geometry - Grade: 1020000 - Grade Unit: oz #### Review - Needs Review: Yes - Review Reason: ungrounded - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-08-31T00:00:00.000Z Reasoning: The company holds a significant 1,020koz M&I oxide resource. - Positive factor: Large M&I resource Evidence · text > existing 1,020koz M&I oxide resource ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.