Latest news with #NevadaKingGold
The Market Online
11-06-2025
- Business
- The Market Online
Gold Report: Micro-caps cultivating value creation
Nevada King Gold (TSXV:NKG), market capitalization C$64.67 million, more than doubles measured and indicated resources to 1,019,600 ounces at its Atlanta gold mine project near Las Vegas, located within the prolific Battle Mountain trend. Click here for the full story. By the ounce At the time of writing on Tuesday, the price of gold was US$3,368, down from US$3,377.70 per ounce in our June 4 report, according to data from The Globe and Mail, as global markets brace for the outcome of ongoing U.S.-China trade talks in London. This week in gold Japan Gold (TSXV:JG), market cap C$25.10 million, launches the second 2025 drill program under its alliance with Barrick Mining (TSX:ABX) at the Ebino project in the southern Japanese island of Kyushu. The program will test targets in the Hokusatsu district, which has produced more than 13 million ounces of gold to date. In the newest edition of Stockhouse's Weekly Market Movers, read about Chesapeake Gold (TSXV:CKG) and Tectonic Metals (TSXV:TECT), two micro-cap gold stocks equipped to deliver leverage beyond the gold price. Yields are rising and with them gold and silver, attracting investors off the sidelines to capitalize on the prospectivity of strategic mining stocks across the project life-cycle. Read about why you might consider Globex Mining (TSX:GMX), market cap C$77.41 million, which owns more than 250 mineral concessions in Canada focused on gold and critical metals, positioning it to benefit from deal flow as gold prices hover around the all-time-high. Top trending gold stocks Join the discussion: Find out what everybody's saying about the micro-cap stocks in this week's gold report on Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
The Market Online
04-06-2025
- Business
- The Market Online
Junior gold stock more than doubles Nevada resource
Nevada King Gold (TSXV:NKG) has more than doubled measured and indicated resources at its Atlanta gold mine project, located 264 kilometres northeast of Las Vegas within the mineral-rich Battle Mountain trend Measured and indicated resources now stand at 27.7 million tons averaging 1.14 grams per ton of gold for 1,019,600 ounces, representing a 122-per-cent increase from the 2020 estimate Nevada King Gold is focused on advancing its 100-per-cent owned, past-producing, 120-square-kilometre Atlanta gold mine project in southeastern Nevada The junior gold stock has given back 54.55 per cent year-over-year, drastically lagging gold's more than 40 per cent gain Nevada King Gold (TSXV:NKG) has more than doubled measured and indicated resources at its Atlanta gold mine project, located 264 kilometres northeast of Las Vegas within the mineral-rich Battle Mountain trend. Measured and indicated resources now stand at 27.7 million tons averaging 1.14 grams per ton (g/t) gold for 1,019,600 ounces, representing a 122-per-cent increase from the 2020 estimate. At a base-case of US$2,200 per ounce of gold, Atlanta's ounce count benefits from an over 35 per cent discount to the price of US$3,405 on May 4 at the time of writing. The million-ounce milestone follows successful phase I and II resource definition drilling programs, but does not include new mineralization encountered in the ongoing phase-III program, as highlighted by a recent gold and silver discovery at Silver Park. As drilling continues, the company will focus on de-risking Atlanta with additional metallurgical, geotechnical and environmental work, as well as permit planning. According to Wednesday's news release, 'management sees clear potential for continued resource expansion with mineralization open to the north, south and west of the resource zone, as well as the potential for finding regional satellite deposits.' Leadership insights 'This updated MRE was prepared by RESPEC, a highly regarded engineering firm that represents the gold standard for Nevada projects. The results mark a major milestone at Atlanta, confirming a high-grade and high-confidence oxide gold system in one of the most sought-after jurisdictions in the world,' Collin Kettell, Nevada King Gold's chief executive officer, said in a statement. 'We are pleased to exceed the 1-million-ounce gold threshold in the M&I category while maintaining the grade of oxide mineralization well above 1 g/t. Today's results highlight the success of our phase I and II drill programs and validate our technical team's geological model and drilling since 2021. With this MRE under our belt, we will continue our quest to unlock the full potential of the Atlanta district. Our fully funded, aggressive phase-III exploration drill program is aimed at demonstrating Atlanta's multi-million-ounce potential.' About Nevada King Gold Nevada King Gold is focused on advancing its 100-per-cent owned, past-producing, 120-square-kilometre Atlanta gold mine project in southeastern Nevada. Nevada King Gold stock (TSXV:NKG) is down by 26.83 per cent on the news trading at C$0.15 as of 11:05 am ET. The stock has given back 54.55 per cent year-over-year, drastically lagging gold's more than 40 per cent gain. Join the discussion: Find out what everybody's saying about this junior gold stock on the Nevada King Gold Corp. Bullboard and check out Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
