# NEVADA KING COMPLETES PURCHASE OF SILVER PARK PATENTED MINING CLAIMS Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8 Original source: https://money.tmx.com/en/quote/NKG/news/7225427038180903/nevada-king-completes-purchase-of-silver-park-patented-mining-claims Publisher: tmx Original announcement: 2025-12-03T11:00:00.000Z 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, Agreement transaction - Extracted: 2026-09-14 15:17:27 UTC Narrative sentiment: 0.40 · Bullish ## Minestarters Atlas summary Nevada King Gold Corp. has completed the purchase of the Silver Park patented mining claims for US$75,000 and 100,000 shares. The acquisition adds approximately 24 hectares of land near the Atlanta Resource Zone, which the company identifies as a key focus for its Phase III exploration program. Reasoning: The company completed a claim acquisition which expands its footprint near the Atlanta Resource Zone, though the resource figures themselves are a restatement of a September 2024 estimate. - Positive factor: Acquisition of patented claims provides permitting flexibility - Positive factor: Confirmed mineralization footprint of 450m x 300m - Positive factor: Expansion potential noted for Silver Park target Facts used in scoring: 8 ## Classification and evidence **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The resource estimate is explicitly stated as NI 43-101 compliant. Evidence · text > hosts an NI 43-101 compliant pit-constrained oxide resource **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The document provides a summary of the existing Atlanta Project resource. Evidence · text > NI 43-101 Mineral Resources at the Atlanta Mine by RESPEC 2025 ## Extracted facts Stored fact records: 8. Some facts used in scoring do not have a stored record. ## Resource Estimates (8) ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-0) Atlanta Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:1970a4cc3d502db416bb - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: measured - Tonnes: 3430100 - Grade: 1.55 - Grade Unit: g/t - Contained Metal: 170800 - Contained Unit: oz #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 1.65 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Measured resource component of the Atlanta Project. 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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 ### measured [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-1) Atlanta Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:1970a4cc3d502db416bb - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: measured - Tonnes: 3430100 - Grade: 16.96 - Grade Unit: g/t - Contained Metal: 1870200 - Contained Unit: oz #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 1.65 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Measured silver component of the Atlanta Project. 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-2) Atlanta Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:ba927511dd1a95fcfb25 - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 24280200 - Grade: 1.09 - Grade Unit: g/t - Contained Metal: 848800 - Contained Unit: oz #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 1.14 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Indicated resource component of the Atlanta Project. 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-3) Atlanta Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:ba927511dd1a95fcfb25 - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 24280200 - Grade: 8.73 - Grade Unit: g/t - Contained Metal: 6817200 - Contained Unit: oz #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 1.14 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Indicated silver component of the Atlanta Project. 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-4) Atlanta Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:3c73a897d15fd2ee0f16 - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 3638400 - Grade: 0.84 - Grade Unit: g/t - Contained Metal: 98500 - Contained Unit: oz #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 0.85 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Inferred resource component of the Atlanta Project. 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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 ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-5) Atlanta Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:3c73a897d15fd2ee0f16 - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: inferred - Tonnes: 3638400 - Grade: 2.56 - Grade Unit: g/t - Contained Metal: 299500 - Contained Unit: oz #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 0.85 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Inferred silver component of the Atlanta Project. 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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 ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/nevada-king-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-6) Atlanta Project · gold Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:b87e36f5397f7ec57551 - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 27710300 - Grade: 1.14 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Indicated resource component of the Atlanta Project. \(Expanded from multi-commodity resource table for completeness.\) 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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-completes-purchase-of-silver-park-patented-mining-claims--3a4db691-9d9e-4a23-bfb4-875d9438c1e8#fact-resource-facts-7) Atlanta Project · silver Historical result Needs review: historical\_restatement #### Identity - Project: Atlanta Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: NKG #### Resource scope - Estimate type: resource - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Justin Daley - Resource group id: resource:b87e36f5397f7ec57551 - Deposit or zone: Atlanta Project - Material type: oxide - Ownership percent: 100 % - Resource basis: gross #### Resource Data - Category: indicated - Tonnes: 27710300 - Grade: 9.75 - Grade Unit: g/t #### Prior Estimate - Resource Date: 2024-09-06 #### Metal Equivalent - Metal Eq. Grade: 1.2 - Metal Eq. Unit: g/t AuEq - Assumptions Disclosed: Yes #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-09-06T00:00:00.000Z #### Dates - Event date: 2025-12-03T00:00:00.000Z Reasoning: Indicated resource component of the Atlanta Project. \(Expanded from multi-commodity resource table for completeness.\) 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 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **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.