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Nevada King Gold Corp ( (TSE:NKG) ) just unveiled an update.
Nevada King Gold Corp has announced successful results from its Phase II drill program at the Atlanta Gold Mine Project, with significant gold mineralization detected in the northern portion of the Atlanta resource zone. The drilling extended the pit mineralization towards the North Extension Target and revealed thicker and higher-grade mineralization than previously recognized, which could enhance the company’s resource base and influence its strategic drilling plans. These findings are crucial as Nevada King commences Phase III of their exploration program, aiming to identify further deposits by leveraging geological models and high-resolution geophysical data.
More about Nevada King Gold Corp
Nevada King Gold Corp operates in the mining industry, focusing primarily on gold exploration and production. The company is committed to developing its 100% owned projects in the prolific Battle Mountain Trend in Nevada, USA, with a specific market focus on expanding its gold resources at the Atlanta Gold Mine Project.
YTD Price Performance: -1.90%
Average Trading Volume: 95,128
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $77.22M
See more insights into NKG stock on TipRanks’ Stock Analysis page.