# NEVADA KING ANNOUNCES FULLY FUNDED 20,000M, PHASE 4 EXPLORATION PROGRAM DESIGNED TO ADVANCE MULTIPLE REGIONAL TARGETS IDENTIFIED IN PHASE 3 Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7 Original source: https://money.tmx.com/en/quote/NKG/news/6306366879786296/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed- Publisher: tmx Original announcement: 2025-12-11T11:30:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Nevada King Gold Corp. - Ticker: NKG - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Drill results, Other - Extracted: 2026-09-14 15:15:06 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Nevada King Gold Corp. has launched a fully-funded 20,000m Phase 4 exploration program at its Atlanta Gold Mine Project in Nevada. The program focuses on advancing several regional targets, most notably Silver Park East, to drive resource conversion and identify new oxide mineralization. Reasoning: The announcement of a large, fully-funded 20,000m exploration program to advance multiple targets is a significant positive catalyst for an exploration-stage company. - Positive factor: fully-funded exploration program - Positive factor: expansion of drilling targets - Positive factor: identification of new satellite deposit potential at Silver Park East - Positive factor: systematic use of AI and machine learning for targeting Facts used in scoring: 10 ## Classification and evidence **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 QA/QC protocols including CRF standards, blanks, duplicates, and use of American Assay Lab. Evidence · text > CRF standards, blanks, and duplicates are inserted into the sample stream on-site ## Extracted facts Stored fact records: 10. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-drill-facts-0) Atlanta Gold Mine · gold Needs review: drill\_no\_hole\_id #### Identity - Project: Atlanta Gold Mine - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NKG #### Geometry - Grade: 0.28 - Grade Unit: g/t - Intercept: 36.6 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: The grade of 0.28 g/t Au is relatively low for a drill intercept. - Negative factor: low grade Evidence · text > A Nevada King drill hole grading 0.28g/t over 36.6m #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Importantly, we've discovered a new mineralized zone at Silver Park East, 2 km from the existing resource, where Phase 4" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-drill-facts-1) Atlanta Gold Mine · gold Historical result Needs review: drill\_no\_hole\_id #### Identity - Project: Atlanta Gold Mine - Commodity: gold - Region: usa\_nv - Reported Region: usa\_nv - Ticker: NKG #### Geometry - Grade: 0.88 - Grade Unit: g/t - Intercept: 10.7 m #### Classification - Sample Type: drill #### QA/QC - QA/QC Disclosed: Yes - QP Signed: Yes #### Review - Needs Review: Yes - Review Reason: drill\_no\_hole\_id - Interp. Status: scored - Historical: Yes #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: This is a historical intercept mentioned for context to define a gap. - Negative factor: historical data Evidence · text > historical hole that returned 0.88g/t Au over 10.7m #### Tags used in scoring **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: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Importantly, we've discovered a new mineralized zone at Silver Park East, 2 km from the existing resource, where Phase 4" ## Resource Estimates (8) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-2) gold #### Identity - Commodity: gold - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:8e97b63afc2f0a39df07 - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 3430100 - Grade: 1.55 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 1.65 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 1.55 Context: 3,430,100 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-3) silver #### Identity - Commodity: silver - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:8e97b63afc2f0a39df07 - Ownership percent: 100 % #### Resource Data - Category: measured - Tonnes: 3430100 - Grade: 16.96 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 1.65 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 16.96 Context: 3,430,100 #### Tags used in scoring **Measured Resource** Polarity: positive Definition: Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves. Why it applies: category is "measured" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-4) gold #### Identity - Commodity: gold - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:6e4041e0938760bc6754 - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 24280200 - Grade: 1.09 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 1.14 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 1.09 Context: 24,280,200 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-5) silver #### Identity - Commodity: silver - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:6e4041e0938760bc6754 - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 24280200 - Grade: 8.73 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 1.14 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 8.73 Context: 24,280,200 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-6) gold #### Identity - Commodity: gold - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:5135dde8bbf7db39783a - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 27710300 - Grade: 1.14 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 1.14 Context: 27,710,300 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-7) silver #### Identity - Commodity: silver - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:5135dde8bbf7db39783a - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 27710300 - Grade: 9.75 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 9.75 Context: 27,710,300 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-8) gold #### Identity - Commodity: gold - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:e77827e3d5aa790b772f - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 3638400 - Grade: 0.84 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 0.85 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 0.84 Context: 3,638,400 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-announces-fully-funded-20-000m-phase-4-exploration-program-designed--212ba08a-799a-454f-9e05-de9508bc3fd7#fact-resource-facts-9) silver #### Identity - Commodity: silver - Ticker: NKG #### Resource scope - Estimate type: resource - Effective date: 2024-09-06T00:00:00.000Z - Reporting standards: ni\_43\_101 - Resource group id: resource:e77827e3d5aa790b772f - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 3638400 - Grade: 2.56 - Grade Unit: g/t #### Metal Equivalent - Metal Eq. Grade: 0.85 - Metal Eq. Unit: g/t AuEq #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-12-11T00:00:00.000Z Reasoning: Expanded from multi-commodity resource table for completeness. - Negative factor: Fact expanded from resource table columns \(model omitted this commodity\). Evidence · table > 2.56 Context: 3,638,400 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported ## 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.