Nevada King Gold – Drilling Recap At Atlanta Gold Project, Over 76,000 Meters Drilled In Phase 2 Program, Metallurgy Overview
Collin Kettell, CEO of Nevada King Gold (“Nevada King” or the “Company”) joins me to provide an update on the Phase 2 drill program at the Atlanta Gold Mine Property, in Nevada. The Company has been releasing drill results almost every week this whole year and on February 1 announced the Phase 2 program has passed 76,000 meters.
With so many drill results being released on a consistent bases I have Collin explain the main target areas with reported drill results and those being drilled currently. See Figure 1 from the most recent, February 6th, news release (posted below) to view the location of each target area. I also have Collin provide more information on the “Jewelry Box” zone, drill spacing in different zones, expansion plans and metallurgy work. I posted Figure 2 from the news release for more information on drill spacing.
If you have any follow up questions for Collin please email me at Fleck@kereport.com.
Figure 1. Location map for holes reported in this news release along drill section22-8N(2) relative to the perimeter of the historical Atlanta Pit and footprint of the Gustavson 2020 NI 43-101 resource. Shallow drillholes on the mine dumps have been removed from the plot for clarity.
Figure 2. Cross section 22-8N(3) looking north across the northerly-trending West Atlanta and West Atlanta #1 Faults, both of which are important basement structures that channeled shallow intrusives and Au/Ag bearing fluids up into the receptive host horizon that developed at the uniformity separating Paleozoic basement dolomite and quartzite from overlying Tertiary-age volcanics. High grade mineralization occurred along the steeply-dipping contact separating the silica breccia and rhyolitic intrusive units.