Nevada King Gold Corp · TSXV:NKG
Nevada King Gold — Investor Presentation (August 2025)
35 slides from Nevada King Gold's investor presentation, August 2025
Slide 1: Growing a High-Grade Oxide Discovery in Nevada
GROWING A High-Grade Oxide Discovery IN Nevada TSX-V: NKG 2025 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 1,019,600oz M&I oxide 100% owned expansive Expedited pathway resource at 1.14g/t Au – one property in the world’s best to production with of the highest grades mining jurisdiction with a disturbed site and among oxide developers. resource on patented land. existing infr
Slide 4: About the Atlanta Gold Mine Project
About the Atlanta Atlanta is a past-producing, open-pit gold mine, located 264km northeast of Las Vegas, Nevada. Gold Mine Project area covers 13,000 hectares (130km2), encompassing the Atlanta Caldera. Project NI 43-101 resource of 1,020koz at 1.14g/t Au M&I + 99koz at 0.84g/t Au Inferred; M&I ounc
Slide 5: Driven and Aligned Management and Board
Driven and Aligned Management and Board Collin Kettell Cal Herron, P.Geo. William Hayden Founder & Chairman Exploration Manager Independent Director Mr. Kettell is a seasoned entrepreneur and resource President of Quest Geological Consultants, a geo- Geologist with over 38 years of experience in sec
Slide 6: The Best State for Mining in the US is Getting Better
The Best State for Mining in the US is Getting Better • Nevada was ranked the #2 mining jurisdiction in 2024 for investment attractiveness by the Fraser Institute. Winnemucca Elko • Permitting mines in the US is getting faster and more transparent Battle Mountain with the recent Executive Orders exp
Slide 7: 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. • Two other historic mines are located on the property: the Silver P
Slide 8: Infrastructure & Permitting
Road to Pioche Geology Office Modular Crew Quarters Power Lines Infrastructure & Permitting Core Shack Road to Ely • 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: Excellent Access
NEVADA UTAH EUREKA Excellent ELY Access Project is located 15 miles from Highway 93 Atlanta along county- Gold Mine maintained roads, Project providing year- 93 round access. Atlanta is removed from population PIOCHE centers and is not visible from main roads, streamlining potential permitting timel
Slide 10: The Atlanta District
The Atlanta District ATLANTA REGIONAL • Gold mineralization at Atlanta is found TARGET MAP along the rim of the 6km wide Atlanta Atlanta Caldera Margin Ryan Springs Caldera Margin 1,589 resurgent caldera. CLAIMS COVERING West Atlanta Fault Trace Target Boundaries 130km2 ATLANTA NORTH Nevada King Cla
Slide 11: 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 91% of Ounces in M&I 2025 Mineral Resource Estimate for the Atlanta Gold Mine Project 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 Inferred 3,638,400 0.84 98,500 2.56 299,500 0.85
Slide 12: One of the Highest Grade Oxide Gold Projects
Grade (g/t Au) 1.20 1.00 1.40 0.20 0.00 0.40 0.80 0.60 Colosseum Atlanta Beartrack-Arnett Lemhi Grade Oxide Silicon Open Quartz Mountain Santa Fe Railroad-Pinion Gold One of the Highest Spring Valley Pit Gold Long Valley Mercur Nutmeg Mountain Cahuilla Eastside Projects Converse Bullfrog Imperial Op
Slide 13: Phase I: Discovery of Atlanta
Phase I: Discovery of Atlanta 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
Slide 14: 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 15: 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 16: 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 Below are 10 of the most significant intercepts. Fa ult We st A tla Ea Hole Hi
Slide 17: 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 Whistler Golden Summit the top 100. Golden Summit Atlanta Golden Summit Colosseum Atlanta Golden Summit Golden Summit Atlanta Golden Summit Mohave Colosseum G
Slide 18: Phase III: Regional Drilling and Looking for the Next Deposit
Phase III: Regional Drilling and Looking for the Next Deposit • Nevada King has commenced a Phase III regional exploration program with the goal ATLANTA REGIONAL TARGET MAP of finding satellite deposits throughout Atlanta Caldera Margin Ryan Springs Caldera Margin the district and recently expanded
Slide 19: Atlanta South
Atlanta South • In July 2024, the Company made a discovery based off of a strong geophysical anomaly, intercepting 6.28 g/t Au over 54.9m in Hole 41 at the northern end of Atlanta South. Hole 41 occurs entirely in strongly altered intrusive rock, representing the first time that high-grade gold has
Slide 20: Atlanta South
Atlanta South • The ridge of Atlanta South represents a major anticline. Think of the roof of a house acting as a trap for CSAMT LINES mineralizing fluids coming up beneath it. Axial portions of anticlines constitute important traps for gold mineralization within Nevada and elsewhere throughout the
Slide 21: Silver Park
Silver Park • In May 2025, the Company announced that it had drilled the most significant mineralized interval outside of the Atlanta Resource Zone (ARZ), with hole AT25SP-21 intercepting 1.11 g/t AuEq over 25m, which is part of a 165m interval consisting of three separate mineralized horizons start
Slide 22: Silver Park
Silver Park • Silver Park was previously thought to be shallow supergene mineralization, without much potential for scale, but the Phase III drilling has changed that view entirely. • Drilling has confirmed strong gold and silver mineralization over a large area, and occurring along the same unconfo
Slide 23: 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 24: The Value of an Oxide Gold Deposit in Nevada
The Value of an Oxide Gold Deposit in Nevada Note the resource grade is significantly higher than the majority of other projects. VALUE DEPOSIT GRADE YEAR COMPANY PROJECT M oz. ACQUIRER ($USD) SIZE g/t ACQUIRED M&I 1.40 2.36 Fronteer Gold Inc. Long Canyon $2.3B 2011 Newmont Mining Corp.1 Inferred 0.
Slide 25: Attractive Valuation and Entry Point
Attractive Valuation and Entry Point Gold Developers P/NAV Gold Developers EV/oz 0.50 250 0.45 0.40 200 0.35 0.30 150 0.25 0.20 100 0.15 0.10 50 0.05 0.00 0 NKG MAI AOT PRYM PRB TLG SGD SKE LGD TLG AOT PRB NKG PRYM MAI SGD SKE P/NAV Average EV/oz Average * Valuation data from Desjardins Capital Mark
Slide 26: Share Structure
Share Structure 13% Institutional Shareholders Shares Outstanding Institutional 424,094,795 Investors Options 23,040,000 38% Management Analyst Coverage Fully Diluted Shares Outstanding & Insiders 447,134,795 Mike Niehuser 49% Market Cap Share Price mniehuser@roth.com C$64m $0.15 (949) 402-5336 Othe
Slide 27: 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 28: John Sclodnick, CEO
John Sclodnick CEO john@nevadaking.ca nevadaking.ca T S X-V : N KG | OTCQ B : N KG F F
Slide 29: Nevada King Appendix
NEVADA KING APPENDIX
Slide 30: 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 31: 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 r/ • Round Mountain is a major open pit gold producer operated by Kinross Gold G R E AT 87 S Elko Salt Lake City Corp. with a
Slide 32: A Supervolcano Setting
A Supervolcano Setting • Atlanta is located within the Indian Caldera Indian Peak-Caliente Peak-Caliente caldera complex, one of Caldera Complex the world’s largest supervolcanoes. • It is not active today, but 30 million years ago more than 5,500km3 of magma erupted during a one-week period near a
Slide 33: 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 34: 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 35: 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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