Highlights:
- Phase II drilling with a RC rig commenced on June 9, 2022. Two additional rigs are en route and expected to start drilling in early July.
- Nevada King’s initial 2022 drill campaign at Atlanta is designed to expand: (1) the known high-grade mineralization into areas of low historical drill density to the west of the current resource envelope on the strike extension of the Atlanta Mine Fault Zone; and (2) the foot print of the gold mineralization into untested areas east and southward of the existing resource
Cal Herron, Exploration Manager of Nevada King stated: “Results from the 2021 Phase I drill program at Atlanta far exceeded our expectations, and our interpretation provides a clear road map for further value generation by extending the drilling to test the limits of gold mineralization. Currently, gold mineralization remains open in all directions with a clear high-grade core that demands further definition and tracing. At the end of this current Phase II drill program, we will have drilled approximately 20,000m during the 2021/2022 exploration seasons and will have significantly increased our geological modelling and understanding of the distribution and styles of gold mineralization at the Atlanta Mine area. A CSAMT (Controlled-source Audio-frequency Magnetotellurics) survey is also underway that will help build a district-scale geologic model and early results have already defined a number of additional drill targets.”
Full news release: https://nevadaking.ca/news/nevada-king-commences-13100-metre-phase-ii-drill-program-targeting-high-grade-gold-at-its-100-owned-atlanta-gold-mine-nevada/
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