Nevada King Gold Corp · TSXV:NKG
Nevada King Gold — Investor Presentation (May 2022)
34 slides from Nevada King Gold's investor presentation, May 2022
Slide 1: Nevada's 3rd Largest Landholder
Nevada’s 3rd Largest Landholder In One of the World’s Most Prolific Gold Mining Trends TSX-V: NKG OTCQX: NKGFF 2022
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: Nevada King Is...
Nevada King Is... A dominant explorer and 2,423 COEUR MINES 3,187 developer focused exclusively 3,608 HECLA MINING 4,061 on the Battle Mountain Trend, 5,640 5,670 Nevada’s most prolific gold 10,002 8,041 mining belt. 8,490 14,716 Nevada’s 3rd largest active 12,035 claim holder, with plans to become
Slide 4: Strong Management & Board
Strong Management & Board INDEPENDENT MANAGEMENT BOARD OF DIRECTORS Paul Matysek, M.Sc. Doug Forster Founder & Executive Chairman B.Sc., M.Sc. & P.Geo. Serial entrepreneur, geochemist and geologist with 40+ years experience in mining. Since 2004, as CEO or Chairman, Mr. Matysek has sold six publicly
Slide 5: Technical Team
Technical Team Lewis Teal, M.Sc.,B.Sc. Geo. Gary Simmons Chief Technical Advisor Consulting Metallurgist 40+ years experience in mining industry, including 28 years with Newmont from 1988-2015. Internationally-recognized metallurgist who previously served as Director of Metallurgy and Proven track r
Slide 6: Why Nevada? Why Now?
31M oz 63M oz Why Nevada? GETCHELL BELT CARLIN BELT WINNEMUCCA IRON POINT Why Now? BATTLE ELKO GOLCONDA MOUNTAIN GOLD LEWIS HILLTOP SOUTH HORSE CRESCENT MTN.-MILL CREEK VALLEY CARICO 92M oz LAKE • Nevada is rated by the Fraser Institute as EVANA BATTLE MTN BELT KOBEH VANADIUM the World’s #1 gold min
Slide 7: Building the Nevada King Portfolio
Building the Nevada King Portfolio ACQUIRE VIA STAKING - when possible, stake project directly, avoiding underlying NSRs, option payments, and work commitments; 98% of Nevada King’s ground is royalty free. CONCENTRATE EFFORTS ALONG BATTLE MOUNTAIN TREND – an identified mineral trend possessing obvio
Slide 8: The Nevada King Portfolio
The Nevada King Portfolio Jerritt Canyon Joint Venture Sleeper Twin Creeks Mine Ken Snyder Mine Getchell Mine Pinson Mine Hollister IRON Our projects Dee Mine Long Canyon Bootstrap Mine Meikle Mine WINNEMUCCA POINT Preble Betze/Post Mine West Pequop 4 Deep Star Mine Beast Mine Genesis/Bluestar Mine
Slide 9: ONGOING Drill Plan
2022 Drill Plan ATLANTA 13,100 • Resource Expansion • Continue to track high-grade MAY GOLD MINE meters along Atlanta Mine Fault Zone Nevada King Drilling Ongoing • At surface, oxide gold - low slide 10 hanging fruit anticipates drilling Assays Pending in excess of 20,000 meters during LEWIS 3,000 •
Slide 10: Atlanta Gold Mine Project
Atlanta Gold Mine Project TSX-V: NKG, OTCQX: NKGFF | 10
Slide 11: Atlanta Gold Mine
Winnemucca Elko Atlanta Gold Mine Battle Mountain • Atlanta is a past producing, open-pit gold mine located in SE Nevada. Reno • Historic Production by Standard Slag (1975-1985) Atlanta recovered 110,000 oz Au and 800,000 oz Ag from 1.5M tons. Ely Gold Mine • Over 40,000m were drilled by Gold Fields
Slide 12: Infrastructure & Permitting
Infrastructure & Permitting 7km • County-maintained roads connect project to major highways. • Deeded 15-mile electrical power 8km line is operational to the site with private substation. ROAD TO PIOCHE • Private water well and pipeline MODULAR CREW QUARTERS delivers ample water to project. • Modula
Slide 13: Resource, pit-constrained
2020 43-101 Resource, pit-constrained 62502 Current NI 43-101 compliant gold resource by Gustavson (2020) using a 0.4 g/t cut-off and 57502 $1250/ounce gold price. This resource does not include newly identified mineralization from the 2021, Phase I drilling program. 52502 102000N 101500N 101000N 10
Slide 14: 2021 - Phase I Drill Program
2021 - Phase I Drill Program • Nevada King completed a 5,360 meter, 63-hole drill program designed to test several areas of mineralization in and around the Gustavson resource area. • Drilling identified previously unknown high-grade mineralization including a fence of five holes drilled within the
Slide 15: Cross Section A-A'
NEVADA KING'S 2021 EXPLORATION TARGET FOR RESOURCE EXPANSION T UL Cross Section A-A’ FA DE DISCOVERY HOLE SI 9.1m averaging ST EA 8.26 g/t Au ATL This cross section demonstrates areas of newly identified gold CROSS CROSS CROSS AN mineralization that were previously considered to be waste rock, TA SE
Slide 16: Long Section I-I'
195m NEVADA KING'S 2021 EXPLORATION TARGET FOR RESOURCE EXPANSION 50m 0 100m T UL Long Section I-I’ FA DE DISCOVERY HOLE SI 9.1m averaging ST EA 8.26 g/t Au CROSS SECTION I-I' ATL This long section demonstrates areas of newly identified gold AN mineralization that were previously considered to be wa
Slide 17: 2022 – Phase II Drill Program
PHASE II 2022 DRILL MAP-PIT AREA ATLANTA PROJECT' ATLANTA NORTH EXTENSION TARGET 2022 Planned Holes 2021 NK Drill Holes 2022 – Phase II Drill Program Historical Drill Holes Atlanta Mine Fault Zone Roads 0 200 meters • Nevada King is planning a 100-hole, Phase II drill program totalling 13,100m, 2020
Slide 18: Lewis Project
Lewis Project TSX-V: NKG, OTCQX: NKGFF | 18
Slide 19: Lewis Project
Deep Star Mine LEWIS PROJECT Lantern Mine Carlin Mine Gold Lone Tree Quarry Marigold Mine Lewis Project Fortitude BM Complex Phoenix McCoy/Cove Pipeline Cortez • Adjacent to and on trend with Nevada Gold Mine’s Hilltop gold deposit (reported 2M oz Au @ 0.875 g/t). • Underground production during 188
Slide 20: Lewis Project 2021 Drilling Program
ROCKY CYN. HISTORICAL RESOURCE 002 005 A 001 Lewis Project 016 2021 Drilling Program 004 018 015 013 017 003 010 014 006 007 008 012 SOUTH ROCKY 009 CYN. TARGET A' RECORD 011 TARGET LEWIS PROJECT PLAN MAP 2021 Drill hole CELESTINE O'NEAL Nevada King initiated its maiden drill program at Lewis in rel
Slide 21: 2022 - Phase II Lewis Drilling
2022 - Phase II Lewis Drilling The Company anticipates announcing a Phase II drill program for Lewis in the weeks ahead. The objectives for the upcoming exploration season will be to: • Focus on drill-testing the Record target zone. If the mineralization at Record can be linked to the mineralization
Slide 22: Iron Point
Iron Point TSX-V: NKG, OTCQX: NKGFF | 22
Slide 23: Iron Point Overview
Tuscarora Twin Creeks Jerritt Canyon Gethchell - Turquoise Ridge Midas Iron Point Overview Pinson Prebble North Carlin - Goldstrike Ca IRON POINT r lin Tr end Lonetree-Stonehouse Nevada King’s Iron Point project lies at the intersection en Gold Quarry - Mike of the prolific Battle Mountain-Cortez an
Slide 24: 2022 Drill Program - Iron Point
2022 Drill Program - Iron Point • Nevada King has commenced a 6,400m drill program at Iron Point to further test Carlin-type gold mineralization hosted in Lower Plate carbonate rocks beneath the Roberts Mountain Thrust. This program is designed to follow up on initial drilling completed in 2019 by t
Slide 25: Iron Point Drill Map
LAND OWNERS Nevada King Claims Nevada King Patented Claims Iron Point Drill Map Other Private Lands 2021-2022 Scout Drilling 2022 Planned Deep Drilling Program 2019 Deep Drilling Program A A’ Fairway Zone CH-IP88-03 VM-008C 7.62m @ 1.59 g/t Au Range Front Gravity Anomaly 5.8m @ 0.17 g/t Au from 353.
Slide 26: Share structure
Share structure Shares Outstanding 268,574,976 14.5% Collin Kettell 5% Options Board & Management 6,460,000 Fully Diluted Shares Outstanding 275,034,976 Working Capital $23 Million 80.5% Others TSX-V: NKG, OTCQX: NKGFF | 26
Slide 27: Collin Kettell
Collin Kettell Founder & CEO collin@nevadaking.ca nevadaking.ca
Slide 28: APPENDIX
fi, & ‘APPENDIX
Slide 29: Entering the Lassonde Curve
ENTERING THE LASSONDE CURVE The most significant value creation is at the discovery stage. With multiple exploration and development projects, Nevada King is poised to capitalize VALUE REALIZATION on five years of preparatory work. 2015 2017 2019 2021 2025 Research Blind STEP 1 Opportunities Staking
Slide 30: Horse Mtn - Mill Creek Gold Project
HORSE MTN LOWER PLATE TARGET WITH HIGH-GRADE - MILL CREEK HISTORIC HITS BY BARRICK GOLD POTENTIAL DEPOSIT TYPE: Pipeline (22M oz Au) PROJECT • Adjoins active Nevada Gold Mines gold exploration project on north and south sides, and widespread historical drilling shows gold mineralization trends south
Slide 31: Horse Mtn - Mill Creek Gold Project
HORSE MTN 2021-2022 - MILL CREEK GOLD Geophysical surveys Fortitude PROJECT Phoenix Slaven Fire Creek Sampling and mapping Hilltop Cove Tenabo McCoy Elder Creek Gold Acres Pipeline Cortez Buckhorn Pediment Cortez Hills Horse Canyon ET Blue 0 7.5 15 kilometers TSX-V: NKG, OTCQX: NKGFF | 31
Slide 32: Golconda Summit Gold Project
GOLCONDA BUFFALO HILLTOP CRESCENT SUMMIT GOLD VALLEY GOLD SOUTH VALLEY AU PROJECT PROJECT PROJECT PROJECT Potential deposit types include Potential deposit types include Potential deposit types include Potential deposit type is a quartz vein Pinson (2.9M oz Au), Twin Creeks Marigold (5.3M oz Au) and
Slide 33: Cedars Carico Lake Gold Project
CEDARS KOBEH EVANA GOLD CARICO LAKE VALLEY GOLD & VANADIUM GOLD PROJECT PROJECT PROJECT Potential deposit types include Cortez Potential deposit types include Lower Plate Potential deposit types (17M oz Au), Marigold (5.3M oz Au ), replacement deposits (aka Carlin type) include Iron Point Vanadium (
Slide 34: Future Nevada gold mines are deep
Future Nevada gold mines are deep • Near-surface outcropping deposits have all been found, leaving the next generation of explorers in search of deeper finds • Gravity data indicates approximately 60% of the known gold trends lie under cover at shallow, permissive depths. In short, there is consider