Strategic Mineral Claim Holdings Added Along Battle Mountain Trend

VANCOUVER - Nevada King Gold Corp. reported on its mineral claim holdings located along the Battle Mountain Trend, Nevada. Throughout 2022, Nevada King staked an additional 1,825 mineral claims covering 147km, further bolstering its strategic land package along the Battle Mountain Trend. As a result, the Company now holds 10,315 (834.9km2) lode claims, making it the 3rd largest mineral hard rock claim holder in the State of Nevada. The Company's current staking efforts are focused on target areas it has identified along the Battle Mountain Trend. The Company anticipates locating additional claims by year's end and when staking is completed will disclose in more detail the areas that have been added, its targeting rationale for these areas and, where applicable, the exploration strategy it plans to pursue to advance these project areas.

The Company began building its project portfolio in 2016, concentrating its efforts on developing district-sized projects along the Battle Mountain Trend in close proximity to current mines and resources. A majority of this ground was acquired via staking, importantly avoiding underlying net smelter royalties, option payments, and work commitments. As a result, 98% of Nevada King's land holdings are free of any royalties. Approximately 50% of the Company's claims are located in the heart of the Battle Mountain Trend. These include its Lewis (650 claims), Horse Mountain/Mill Creek (920 claims), South Hilltop (343 claims), Buffalo Valley (1,191 claims), and Iron Point (1,531 claims) project areas.