Intercepts Extend High Grade Mineralization Further Westward At Atlanta

VANCOUVER - Nevada King Gold Corp. reported on two vertical reverse circulation ("RC") holes recently completed at its Atlanta Gold Mine Project located 264km northeast of Las Vegas, Nevada, in the prolific Battle Mountain Trend. Mineralization occurs along near-horizontal horizons with true mineralized thicknesses in vertical holes estimated to be 95% to 100% of reported drill intercept length. The intervals are the westernmost holes drilled by Nevada King at Atlanta to date and have successfully identified high-grade gold mineralization in the western extents of the West Atlanta Graben (WAG) close to the West Atlanta Fault #2 (WAF2). 1.58 g/t Au over 114.3m including 3.61 g/t Au over 24.4m in AT23WS-39 is appreciably higher-grade than surrounding holes, injecting high-grade into the surrounding thick blanket of gold mineralization. This is similar to previously released 3.39 g/t Au over 100.6m in AT23HG-30, located 125m to the east of AT23WS-39 and also plotted on Section 22-6N. Together these holes illustrate the effectiveness of Nevada King's drill targeting based on its new geological model, which outlines a series of high-angle faults that divide the mineralized zone into fault-bounded blocks or domains, in turn creating numerous fluid pathways each capable of localizing high-grade gold mineralization throughout the Atlanta deposit. This is a significant departure from the historical Atlanta model, which envisioned a single 45 degree vein structure =with no fault offsets or high-grade feeders other than the 45 degree vein zone itself.

Cal Herron, Exploration Manager, said, "These new results continue to expand WAG mineralization westward with increasing gold grades and thicknesses. There are seven historical holes drilled in the WAG along Section 22-6N that average 0.89 g/t Au with an average intercept thickness of 65m. The same section length now includes ten holes drilled by Nevada King with an average grade of 1.39 g/t Au and an average intercept thickness of 121m, representing a 56% increase in grade and an 86% increase in thickness. High-grade intercepts like 114.3m @ 1.58 g/t Au in AT23WS-39 and 100.6m @ 3.39 g/t Au in AT23HG-30 are important as they strongly influence this ten-hole average. We believe that intercepting these higher-grade zones or feeders concentrated along the high-angle faults is the key to realizing the full potential of the Atlanta deposit and this same pattern is playing out along other section lines to the north and south as they are progressively filled-in with new holes."