Nevada King Gold Corp · TSXV:NKG
Nevada King Gold — Investor Presentation (May 2026)
33 slides from Nevada King Gold's investor presentation, May 2026
Slide 1: Growing a High-Grade Oxide Discovery in Nevada
GROWING A High-Grade Oxide Discovery IN Nevada TSX-V: NKG 2026 OTCQB: NKGFF
Slide 2: Disclaimer
Disclaimer Certain statements in this presentation constitute forward looking information within the meaning of applicable securities laws. These statements relate to future events or Nevada King Gold Corp. (“Nevada King” or “the Company”) future performance, business prospects or opportunities. Any
Slide 3: Why Invest in Nevada King Now
Why Invest in Nevada King Now +1moz at +1g/t oxide gold 100% owned district scale, Expedited development resource - one of the 130km2 property in pathway with a past highest grade open pit the world’s best mining producing site and existing oxide developers. jurisdiction with resource infrastructure
Slide 4: Driven and Aligned Management and Board
Driven and Aligned Management and Board John Sclodnick Cal Herron, P.Geo. Collin Kettell Chief Executive Officer & Director Exploration Manager Founder & Chairman John Sclodnick has worked in equity research for President of Quest Geological Consultants, a geo- Mr. Kettell is a seasoned entrepreneur
Slide 5: The Best Mining Jurisdiction in the World
The Best Mining Jurisdiction in the World • Nevada accounted for over 70% of US gold production in 2025, a testament to the vast gold endowment and robust mining Winnemucca Elko ecosystem of the state Battle Mountain • Nevada ranked as the number one mining jurisdiction in the world for both investm
Slide 6: Atlanta Gold Mine History
Atlanta Gold Mine History • Discovered in the late 19th century and was the site of underground and small-scale surface mining (1905-1966). • Open pit production (1975-1985) recovered 110,000 oz Au and 800,000 oz Ag from 1.5M tons. • Over 40,000m of drilling was conducted by Gold Fields, Kinross, an
Slide 7: Infrastructure & Permitting
Road to Pioche Geology Office Modular Crew Quarters Power Lines Infrastructure & Permitting • Deeded 15-mile electrical power line is Road to Ely Core Shack operational to the site with private substation. • Private water well delivers ample water to project. • Modular crew quarters on-site for expl
Slide 8: The Atlanta District
The Atlanta District ATLANTA REGIONAL • The Atlanta property is 130km and 2 TARGET MAP gold mineralization is found along the Atlanta Caldera Margin Ryan Springs Caldera Margin rim of the 6km wide Atlanta Caldera. West Atlanta Fault Trace Target Boundaries ATLANTA NORTH Nevada King Claim Boundary •
Slide 9: Seeing Atlanta's Potential
Seeing Atlanta’s Potential A Phase I drill program in 2021 identified previously unrecognized high-grade gold starting at the bottom of the Atlanta pit, as well as high-grade gold 560m north of the pit. This demonstrated a larger footprint for high-grade gold than previously recognized at Atlanta an
Slide 10: A New Interpretation at Atlanta
A New Interpretation at Atlanta Prior explorers adhered to a model whereby high-grade Nevada King’s drilling identified step down structures gold concentrated along a single 45 degree controlling along a braided network of faults that provide multiple vein fed by a single fault. plumbing pathways fo
Slide 11: Phase II: Infill and Expansion at Atlanta
Phase II: Infill and Expansion at Atlanta • With this new interpretation in mind, the Company launched a Phase II drill program (2022-2024) that included ~75,000m of drilling, focusing on infilling the resource area and expanding mineralization in all directions and at depth. Major Faults North-Sout
Slide 12: Highlight Intervals
Highlight Intervals Nevada King has consistently drilled high-grade gold and silver grades over significant intercepts with all drilling in oxide material. Ea AT23NS-174 3 st A tla 4 AT23WS-23C.1 nta West Atlanta #2 Fault Fa ult Below are 10 of the most significant intercepts. We st A tla Ea nta Hol
Slide 13: High-Grade Oxide Results at Atlanta
0 100 200 300 400 500 600 700 800 900 1.000 Madison Estelle Brewer Golden Summit Golden Summit Philadelphia Atlanta Colosseum Madison Atlanta the top 100. Whistler Golden Summit Golden Summit Atlanta Golden Summit Colosseum Atlanta Golden Summit Golden Summit Atlanta Golden Summit Mohave Colosseum G
Slide 14: 1,020koz oxide M&I at 1.14 g/t Au with high-grade core
1,020koz oxide M&I at 1.14 g/t Au with high-grade core 2025 Mineral Resource Estimate for 91% of Equal Heap the Atlanta Gold Mine Project Ounces Leach and in M&I Mill Material Tonnes Au g/t Au oz Ag g/t Ag oz AuEq g/t AuEq oz M&I 27,710,300 1.14 1,019,600 9.75 8,687,400 1.20 1,069,700 M&I (91%) A T
Slide 15: Favorable Metallurgy at Atlanta
Favorable Metallurgy at Atlanta All SBX & High-Grade/Silicified ATLANTA Low-Grade Volcanics GENERALIZED Volcanics Primary/Secondary Crusher FLOWSHEET High Pressure Grinding Roll (HPGR) Ball Mill Cyanide Tank Au/Ag Recovery via Merrill Crowe Process ROM Heap Leach Leach/CCD Circuit MATERIAL GOLD EXTR
Slide 16: Phase III: Regional Drilling and Looking for the Next Deposit
Phase III: ATLANTA REGIONAL Regional Drilling and Looking TARGET MAP Atlanta Caldera Margin for the Next Deposit Ryan Springs Caldera Margin West Atlanta Fault Trace Target Boundaries Nevada King • The Company achieved its goal for the ATLANTA NORTH Claim Boundary Phase III 30,000m regional explorat
Slide 17: Phase IV: Advancing the Pipeline of Targets Towards Resource Conversion
Phase IV: 723000 724000 725000 726000 727000 728000 729000 730000 731000 732000 733000 734000 735000 736000 737000 738000 4266000 4266000 Advancing the Pipeline of Targets Towards 4265000 4265000 Resource Conversion 4264000 4264000 ATLANTA NORTH TARGET 4263000 4263000 • The Phase 4 drill program was
Slide 18: Silver Park: The Other Half of the Atlanta Deposit?
Silver Park: The Other Half of the Atlanta Deposit? • The historical Silver Park mine also sits on patented claims, and drilling has confirmed a strong geological and geochemical connection with the ARZ, with both areas mineralized along the same unconformity, from the same hydrothermal event, and w
Slide 19: Atlanta South: Potential for a Large Carlin Type Deposit
732000 732500 733000 733500 734000 734500 Atlanta South: 4261000 4261000 Potential for a Large 4260500 4260500 Carlin Type Deposit 4260000 4260000 • Mineralization intercepted in Phase 3 is hosted within Pogonip Limestone, a key host for Carlin-type gold in 4259500 4259500 Nevada, and is associated
Slide 20: Atlanta North: An Emerging Shallow Target
Atlanta North: An Emerging Permitted drill site Historical drill holes NKG Phase III drill hole Shallow Target Resource pit outline Regional targets AT25FN-6 0.28 g/t Au / 36.6m West Atlanta fault trace 0 1km • Atlanta North is the newest target added to the pipeline of exploration areas to be advan
Slide 21: Western Rim: Early Indications of a Potentially Large Gold System
Western Rim: Early Indications of a Potentially Large Gold System • Western Rim represents a large-scale early-stage opportunity characterized by multidirectional quartz veins hosting Au–Ag–As–Mo mineralization traced over approximately 2.5km, with individual veins extending up to 1km. • Rock chip s
Slide 22: The Value of an Oxide Gold Deposit in Nevada
The Value of an Oxide Gold Deposit in Nevada COMPANY PROJECT RESOURCE M OZ GRADE YEAR VALUE VALUE/OZ g/t ACQUIRED (USD) M&I 3.66 0.77 Corvus Gold Inc. Mother Lode/North Bullfrog 2021 $370M $87 Inferred 0.58 0.31 M&I 0.17 0.71 Waterton Global Inc. Goldfield 2022 $207M $690 Inferred 0.13 0.51 M&I Nil
Slide 23: Attractive Valuation and Entry Point
Attractive Valuation and Entry Point Gold Developers P/NAV Gold Developers EV/oz 0,60 120 0,50 100 0,40 80 0,30 60 0,20 40 0,10 20 0,00 0 NKG TLG AXO BSX LGD BYN GSKR CAMB TLG GSKR NKG BYN AXO BSX LGD CAMB P/NAV Average EV/oz Average NKG is trading at a 64% discount to peers on P/NAV and a 12% disco
Slide 24: Share Structure
Share Structure 12% Shares Outstanding Institutional 100,366,913 Investors Institutional Shareholders Options 37% 4,608,000 Management & Insiders Analyst Coverage 10% Fully Diluted Shares Outstanding 104,974,913 Centerra Allison Carson 41% Market Cap Share Price allison.carson@desjardins.com C$125M
Slide 25: Quote from Neil Adshead of Cupel Advisory
“I think the juniors generally do better exploration than the majors per dollar spent…they won’t get that many geos on the ground drilling holes, and that’s what you need to do to make discoveries. I want high quality risk. I’m looking for the best exploration teams.” Neil Adshead of Cupel Advisory
Slide 26: The Hallmarks of a Large Gold System
The Hallmarks of a Large Gold System INTRUSIVE BONANZA GOLD Atlanta is an intrusive dominated Atlanta is now known to generate system. These systems can very high-grade gold and silver generate multi-million ounce and over a large footprint, exhibiting gold systems, such as Round the strength of the
Slide 27: John Sclodnick
John Sclodnick CEO john@nevadaking.ca nevadaking.ca T S X-V : N KG | OTCQ B : N KG F F
Slide 28: Nevada King Appendix
NEVADA KING APPENDIX
Slide 29: Notes to the MRE
Notes to the MRE 1. The Mineral Resources have been prepared by Jeff Bickel, 5. Additional inputs for Whittle pit-optimization include: mining C.P.G. of RESPEC (formerly Mine Development Associates) in costs of US$2.17/tonne mined; remaining costs of US$1.63/tonne conformity with CIM “Estimation of
Slide 30: Round Mountain Analogy
Round Mountain Analogy Western NV Central NV Indian Peak- Caliente Silicic Ignimbrite Andesite Lava caldera caldera caldera 42° Ca l i fo r n i a Nevada Utah 06 0.7 i= 86 Sr • Round Mountain is a major open pit gold producer operated by Kinross Gold G R E AT 87 S r/ Salt Lake City Corp. with a 23.6
Slide 31: Regional Target Map
Regional Target Map Permitting is underway for the ATLANTA STOCK Company’s planned Phase III 7 6 CSAMT L21 regional exploration program. 4 Details of the program include: 5 CSAMT L15 • 80 proposed drill sites. 10 8 14 13 CSAMT L9 15 • 15 large regional targets with 12 9 11 2 3 many individual target
Slide 32: Regional Targets - CSAMT
Regional Targets - CSAMT ATLANTA NORTH ATLANTA NORTH • High priority regional targets LONE RANGER TARGET NORTHEAST TARGET BOUNTY TARGET CROSSROADS TARGET BOUNTY TARGET JUMBO TARGET occur where intrusive bodies Paleozoic Basement Post-mineral Volcanic Cover coincide with major basement Paleozoic Base
Slide 33: Discovery of a Bonanza Grade Jewelry Box
Discovery of a Bonanza Grade Jewelry Box In October 2023, the Company announced a bonanza grade oxide gold intercept with 11.64 g/t Au over 108.3M, including 37.16 g/t Au over 29M in hole AT23WS-44. • Hole 20 was drilled 20m west SILTSTONE AT23WS-20 AT23WS-44 AT23WS-5C CONCEPTUAL ATLANTA of hole 44