Nevada King Gold Corp · TSXV:NKG
Nevada King Gold — Investor Presentation (September 2026)
31 slides from Nevada King Gold's investor presentation, September 2026
Slide 1: Growing a High-Grade Oxide Discovery in Nevada
GROWING A High-Grade Oxide Discovery IN Nevada TSX-V: NKG 2026 OTCQX: 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 • High-grade resource: +1moz at +1 g/t oxide gold resource • District-scale: 130km property located in the world’s #1 mining jurisdiction 2 • Past producer: Brownfield site with key infrastructure in place • Metallurgy: Oxide resource with simple recovery process • $18M
Slide 4: Share Structure
Share Structure Shares Outstanding 12% 100,366,914 Institutional Institutional Shareholders Investors Options 5,810,000 37% Warrants Management & Insiders 0 Analyst Coverage Fully Diluted Shares Outstanding 106,176,914 10% Cash and Short Term Investments Allison Carson C$18M 41% allison.carson@desja
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 ecosystem of the state Winnemucca Elko Battle • Nevada ranked as the number one mining jurisdiction in the world Mountain for both investm
Slide 6: The Atlanta District
The Atlanta District ATLANTA REGIONAL TARGET MAP Atlanta Caldera Margin West Atlanta Fault Trace Target Boundaries Nevada King Claim Boundary • The Atlanta property ATLANTA NORTH is 130km2 and gold 0 1,500m mineralization is found along the rim of the 6km wide Atlanta Caldera. ATLANTA RESOURCE ZONE
Slide 7: 5 Past Producing Gold/Silver Mines on the Property
5 Past Producing We believe in the old adage that the “best place to find a gold mine Gold/Silver Mines is beside a gold mine”. on the Property All five of these past producing mines are located along the caldera margin and are on high priority exploration targets. Silver Park – Open Pit Western Rim
Slide 8: Infrastructure & Permitting
Road to Pioche Geology Office Modular Crew Quarters Power Lines Infrastructure & Permitting Road to Ely Core Shack • Deeded 15-mile electrical power line is operational to the site with private substation. • Private water well delivers ample water to project. • Modular crew quarters on-site for expl
Slide 9: Atlanta Gold Mine History
Atlanta Gold Mine History Commercial scale open pit production Nevada King drills Discovery of where 110koz was Nevada King acquires best hole in Nevada Updated MRE Atlanta gold produced from ~1.5m 100% of the Atlanta in 2023 with with 122% increase deposit tons grading ~2.5g/t Gold Mine Project 11.
Slide 10: Takeaways from Phase I Drilling
Takeaways from Phase I Drilling Phase I drilling took place in 2021, consisting of 66 drill holes for a total of 5,407m, and was focused around the historical Atlanta Pit. This drilling demonstrated the potential for a high-grade and significant district-scale mineralized E system - a major departur
Slide 11: Phase II: Infill and Expansion at Atlanta
Phase II: Infill and Expansion at Atlanta • Building on the takeaways from Phase 1 and the new geologic model, the Company launched a Phase II drill program (2022-2024) that included ~90,000m of drilling, focusing on infilling Major Faults the resource area and expanding North-South East-West fault
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: 1,020koz at 1.14 g/t Au of oxide M&I with high-grade core
1,020koz at 1.14 g/t Au of oxide M&I with high-grade core Phase I and Phase II drilling culminated in an updated resource, more than doubling the ounces at Atlanta. 2025 Mineral Resource Estimate for High grade core with the Atlanta Gold Mine Project 524koz Au at 3.99g/t at a 2g/t Tonnes Au g/t Au o
Slide 14: Favorable Metallurgy at Atlanta
Favorable Metallurgy at Atlanta Additionally, Phase I and Phase II drilling proved that Atlanta is a district scale system, with a geological model far more significant than previously understood. All SBX & High-Grade/Silicified ATLANTA Low-Grade Volcanics GENERALIZED Volcanics Primary/Secondary Cru
Slide 15: 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 16: Our Process for Discovery
Our Process for Discovery AI doesn’t make discoveries, geologists do. We use AI/ML to drill more efficiently by iterating our process. Six District-Scale Datasets CSAMT · Drone Magnetics · Ground Gravity · Airborne Hyperspectral · Soil Sampling · Rock Sampling 1 Integrate 2 Hypothesize 3 Rank 4 Dril
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 Company launched a Phase
Slide 18: Silver Park
Silver Park The other half of the Atlanta deposit? Why we’re drilling it A near-surface oxide target with the potential for a satellite deposit to complement the ARZ and enhance project scale and potential mine-plan flexibility. The theory Mineralized along the same unconformity, from the same hydro
Slide 19: Atlanta South
732000 732500 733000 733500 734000 734500 Atlanta South 4261000 4261000 4260500 4260500 Potential for a large Carlin-type deposit 4260000 4260000 Why we’re drilling it The same mineralizing faults run through the Target but with a far more receptive host 4259500 4259500 AT24QR-16 rock than the ARZ,
Slide 20: Atlanta North
Atlanta North Permitted drill site Historical drill holes NKG Phase III drill hole Resource pit outline Regional targets AT25FN-6 0.28 g/t Au / 36.6m West Atlanta fault trace An emerging shallow target 0 1km Why we’re drilling it RT TA To extend the mineralized system 4km north along the same contro
Slide 21: Western Rim
Western Rim Early indications of a large epithermal gold system Why we’re drilling it The largest untested alteration footprint on the property. A fully preserved vein system at this scale would be a standalone discovery rather than a satellite to the ARZ. The theory Multidirectional quartz veins ca
Slide 22: 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 23: 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 24: Producer FCF to drive M&A
Producer FCF to drive M&A • The North American gold sector will generate US$40B in FCF in 50 2026 and will end the year with 43.20 US$43B in net cash. 39.80 40 • Dividends and share buy-backs 30 24.70 are forecasted to have peaked 20 in 2025. US$B 10.50 10.10 10 8.60 • M&A is expected to increase wi
Slide 25: Attractive Valuation and Entry Point
Attractive Valuation and Entry Point Gold Developers P/NAV Gold Developers EV/oz 140 0.45 0.40 120 0.35 100 0.30 80 0.25 0.20 60 0.15 40 0.10 20 0.05 0 0.00 NKG TLG CAMB BYN BSX AXO GSKR LGD NKG AXO BSX GSKR TLG BYN CAMB LGD EV/oz Average P/NAV Average NKG is trading at a 64% discount to peers on P/
Slide 26: 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 27: John Sclodnick, CEO
John Sclodnick CEO john@nevadaking.ca nevadaking.ca T S X-V : N KG | OTCQX : 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: 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
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