Nevada King Gold Corp · TSXV:NKG
Nevada King Gold — Investor Presentation (January 2025)
41 slides from Nevada King Gold's investor presentation, January 2025
Slide 1: Growing a High-Grade Oxide Discovery in Nevada
GROWING A High-Grade Oxide Discovery IN Nevada TSX-V: NKG 2025 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: Discover Nevada King Gold Corp.
Discover Nevada King Gold Corp. Advancing a Led by a well- One Corporate high-grade oxide capitalized and Objective: discovery at its highly experienced Demonstrate 100%-owned Atlanta team with $3.5-billion multi-million-ounce Gold Mine Project in exits to date. potential at Atlanta. in S.E. Nevada.
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 12,000 hectares (120km2), encompassing the Atlanta Caldera. Project NI 43-101 Resource established prior to drilling by Nevada King, includes 460,000 oz Au i
Slide 5: 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 6: Experienced Management & Board
Experienced Management & Board MANAGEMENT INDEPENDENT DIRECTORS Paul Matysek, M.Sc. Craig Roberts, Founder & Executive Chairman P.Eng. (Retired) Mining engineer with over 30+ years of Serial entrepreneur, geochemist and geologist with 40+ years experience in mining. operations, consulting and invest
Slide 7: Past Exits by Management With a Proven Track Record
With A Proven Track Record Same Founding Group as New Found Gold Corp. Management is responsible for cumulative exits of $3.5-billion, with hundreds of millions of dollars raised. COMPANY ACQUIRED BY YEAR AMOUNT ($CAD) PAST EXITS BY MANAGEMENT Gold X Mining Corp. Gran Colombia 2021 $365M Lithium X E
Slide 8: Technical Team
Technical Team Cal Herron, P.Geo. Geoff Sterling, B.Sc. Geo. Eng. Mac Jackson, Exploration Manager Geologist M.Sc., B.A. Geo. President of Quest Geological Consultants, a geo- B.Sc. in Geological Engineering from the Colorado Consulting Geologist consultancy group focused on minerals exploration Sch
Slide 9: Why Nevada? Why Now?
Why Nevada? Why Now? Winnemucca Elko • Nevada was ranked the #1 mining jurisdiction in 2022 Battle Mountain and the #2 mining jurisdiction in 2023 for investment attractiveness by the Fraser Institute. Reno Ely • Size Matters - Nevada is one of the most endowed gold regions in the world and is host
Slide 10: Atlanta Gold Mine Overview
Atlanta Gold Mine Overview • 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, a
Slide 11: 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 12: 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 13: 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 14: The Atlanta District
The Atlanta District Claim Map Atlanta Gold Project • Gold mineralization at Atlanta is found Lincoln County, NV along the rim of the 6km wide Atlanta Patented Claims Atlanta Claims resurgent caldera. 1,562 Atlanta Caldera County Road CLAIMS Atlanta Historical Holes • The Atlanta open pit and resour
Slide 15: Pit Constrained Resource
Pit Constrained Resouce 62502 • Current NI 43-101 compliant 62502 gold resource by Gustavson (2020) using a 0.35 g/t cut- 57502 off and $1,250/oz gold price. 57502 • This resource is based on 75 holes (mostly angle holes) 52502 102000N 101500N 101000N 100500N 100000N 99500N 99000N 98500N 98000N and
Slide 16: Atlanta Discovery Timeline
Atlanta Discovery Timeline Phase I Drilling: Phase II Drilling: Discovery of High-Grade Infill and Expansion Positive Metallurgy Discovery of Gold at Atlanta at Atlanta at Atlanta Wild West Zone Slide 17 Slide 19 Slide 34 Slide 29 September 2021 February 2022 March 2024 August 2024 December 2021 Oct
Slide 17: Phase I - Discovery at Atlanta
Phase I - Discovery at 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 Atlant
Slide 18: 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 19: 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 20: Highlight Intervals
Highlight Intervals 4 The Phase II drill program consisted of ~400 drill holes. Below are 20 of the most significant intercepts. AT23NS-155 13 1 AT23NS-112 Hole Highlight Interval Date Released Ea AT23NS-174 14 st A AT23WS-23C.1 tla 1 2 AT23NS-112 4.01 g/t Au / 21.3m September 27, 2023 nta West Atla
Slide 21: A Sample Cross Section
A Sample Cross Section Throughout the resource zone, gold mineralization occurs in two primary domains - the Atlanta Mine Fault Zone and the West Atlanta Graben Zone. W Atlanta Mine Fault Zone m CROSS SECTION 22-7N(4) E Atlanta Mine Fault Zone ATLANTA GOLD PROJECT 2000m 8.04m Gold mineralization in
Slide 22: 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
Slide 23: Multiple Jewelry Box Model at Atlanta
nta King Fault st Atlanta Fault t Atla t Atla AT23WS-44 AT23NS-133F nta F nta #1 Fault 11.64 g/t Au over 108.2m 6.55 g/t Au / 82.3m Including 37.16 g/t Au over 29.0m Including 26.71 g/t Au / 12.2m ault East Multiple Jewelry # West Atlanta #2 Fault West Atlant 1 Fau Ea SECTION st 22-11N Atl lt an ta
Slide 24: Important Findings from Phase II
Important Findings from Phase II • Phase II drilling defined three primary gold zones - the Atlanta Mine Fault Zone, the West Atlanta Graben Zone, and the North Extension Zone. • It validated the new geological model and pinpointed the location of primary feeders and faults. • Most importantly, it p
Slide 25: South Quartzite Ridge Target
South Quartzite Ridge Target • 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 the South Quartzite Ridge Target (“SQRT”). Hole 41 occurs entirely in strongly altered intrusive rock, representi
Slide 26: South Quartzite Ridge Target
South Quartzite Ridge Target • The ridge of the SQRT represents a major anticline. Think of the roof of a house acting as a trap for mineralizing CSAMT LINES fluids coming up beneath it. Axial portions of anticlines constitute important traps for gold mineralization within Nevada and elsewhere throu
Slide 27: East Ridge Discovery
East Ridge Discovery CSAMT LINE 12 AT23ET-9 In July 2024, the Company drilled a new discovery at its East Ridge Target (“ERT”) with AT23ET-8 highlight interval of 1.32 g/t Au over 22.9m. A' AT23ET-7 CSAMT LINE 10 • The never before drilled ERT strikes approximately 1,000m north-south and is located
Slide 28: The East Ridge CSAMT Anomaly
The East Ridge CSAMT Anomaly • The ERT geophysical survey outlines near-vertical bodies of low resistivity, interpreted as mineralized high-angle intrusions (shown in red) cutting up through a highly resistive, unmineralized dolomite sequence (shown in blue). The transitional zones of the CSAMT (col
Slide 29: Wild West Zone
AT23WS-42 AT24NS-193 1.29 g/t Au / 50.3m Includes 3.09 g/t Au / 6.1m AT24WS-77* Wild West Zone 0.91 g/t Au / 57.9m AT24NS-194* Includes 3.17 g/t Au / 3m 2.08 g/t Au / 42.7m Includes 6.32 g/t Au / 6.1m AT24WS-70 1.43 g/t Au / 67.1m Includes 4.05 g/t Au / 6.1m Ea AT24WS-82 st At lan • In August 2024,
Slide 30: Wild West Zone
Wild West Zone AT24NS-193 1.29 g/t Au / 50.3m AT24WS-70 1.43 g/t Au / 67.1m Includes 4.05 g/t Au / 6.1m Includes 3.09 g/t Au / 6.1m AT24WS-82 Ea st 0.6 g/t Au / 4.6m At la • The WWZ was initially discovered with drill hole AT24WS-69 AT24NS-194* nt aF 2.08 g/t Au / 42.7m au Includes 6.32 g/t Au / 6.1
Slide 31: Phase III - Regional Drilling
Phase III - Regional Drilling ATLANTA • Nevada King is preparing to REGIONAL TARGETS Newly Identified launch a Phase III regional Regional Targets Ryan Springs Stock exploration program with Atlanta Stock the goal of finding satellite Ryan Springs Caldera Margin deposits throughout the Atlanta Calde
Slide 32: 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 33: Regional Targets - CSAMT
Regional Targets - CSAMT • 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 Basement t ult aul faults potent
Slide 34: Favorable Metallurgy at Atlanta
Favorable Metallurgy at Atlanta • Phase I metallurgical testwork support strong recoveries utilizing conventional Nevada oxide processing methods. Testing used three surface bulk samples and 19 composites from drill core comprising the full range of rock types and gold and silver grades encountered
Slide 35: 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 36: The Value of an Oxide Gold Deposit in Nevada
The Value of an Oxide The current resource on Atlanta does not include ~90,000m of Gold Deposit in Nevada drilling by Nevada King. 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
Slide 37: Share Structure
Share structure Shares Outstanding 377,994,795 18% Collin Kettell Options 17,335,000 18% Management Fully Diluted Shares Outstanding & Insiders 395,329,795 Analyst Coverage Mike Niehuser mniehuser@roth.com 949.402.5336 24% ROTH: Target speculative buy C$0.65 40% Next 10 Largest Allison Carson Others
Slide 38: Collin Kettell
Collin Kettell Founder & CEO collin@nevadaking.ca nevadaking.ca T S X-V : N KG | OTCQX : N KG F F
Slide 39: Nevada King Appendix
NEVADA KING APPENDIX
Slide 40: 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 41: Round Mountain Analogy
Round Mountain Analogy CA BASIN & RANGE LDE MIGRA CALDERA FIELD RA FIELD CONCEPTUAL MAP TIO N Caldera Field Caldera Outline Prospective Mine Major Ring Caldera Ring Fractures Paleozoic Range • Subsequent erosion and younger volcanic events buried the Round Mountain Basin Caldera, initially creating
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