Nevada King Gold Completes Phase II Drill Program At Lewis Gold Project

Nevada King Gold Corp. (TSX.V: NKG) has completed its 2022 Phase II drilling program at its 5,500-hectare, 100% owned Lewis Gold Project, located about 21 kilometers south of Battle Mountain, Nevada. 

Cal Herron, Exploration Manager at Nevada King, said, “We are eagerly waiting for the results of the Lewis project this year, where the Company is investigating two different types of gold deposits: (1) a shallow, upper plate-based gold deposit akin to Barrick’s Hilltop and Robinson deposits, and (2) a more conceptual lower plate-based gold deposit similar to Pipeline and Cortez (Figure 2). We were able to drill a much bigger area in this Phase II program, allowing us to interpret better the potential for linking and expanding the shallow, upper plate-based gold deposits discovered at the Celestine O’Neal and Rocky Canyon targets. As a result of covering a much larger area in this phase, we will be in a better position to determine deeper targets within lower plate rocks that we will be able to test in phase III in 2023 as soon as we get assay results.”

The Phase II program consisted of eighteen reverse circulation holes totaling 3,228m (Figure 1). As a result of winter weather, the Phase II program was terminated on November 13, 2022. This target was not drilled during Phase I due to adverse winter weather, but it was drilled during Phase II. The Record Target was drilled, a shallow target previously defined by a strong surface gold signature and low-grade drill intercepts. Nine of the Record Target’s holes were drilled as part of Phase II. 

Widely-spaced historical drill holes suggested shallow anomalous gold mineralization in the Upper Rocky Canyon Target area. Weather conditions prevented the Company from drilling this target in 2021. To test an important anomaly in the gap between the Upper Rocky and Celestine O’Neal targets identified in the recently concluded Induced Polarization survey, one of the 2022 holes was cited.

Celestine O’Neal Target was drilled with two step-out holes to 50 m and 90m from LS21-008, a 2021 drill hole that intersected gold mineralization between 76.2 and 85.4m, ranging from 9.1m grading 1.79 g/t Au to 3.34 g/t Au, and from 154.0 to 167.7m grading 2.50 g/t Au, with values up to 15.73 g/t Au from 163.1 to 164.6m. To test another high-priority IP anomaly in an area that had not been drilled before, a second hole was drilled approximately 450m north of the Celestine O’Neal Target.

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