Ankündigung • Apr 30
Nevada King Provides Assay Results from Silver Park Nevada King provided assay results from silver park. The company is reporting assay results from 18 new holes from the Silver Park area, of which 11 intersected mineralization above the current cut-off grade applied to the ARZ which is based on a gold and silver price assumption of USD 2,200/oz Au and USD 25/oz Ag. These results include both infill drilling at the main SPE zone and step out drilling in the SPE Extension zone. The drilling continues to demonstrate consistent, near-surface oxide mineralization above current cut off grades, with step out results extending mineralization to greater depths than previously tested. Both highlighted drill holes encountered oxide mineralization, above the cut off grade of the ARZ, and are located in the SPE Extension zone. These results validate previously reported RAB drilling data from February 3, 2026, which identified strong near-surface oxide grades but were limited to approximately 30 metres depth due to constraints of the RAB drill. Furthermore, the drilling extended above cut-off grade mineralization to true vertical depths of 172 metres in angled hole AT26SP-62, enhancing confidence in the continuity of this step-out zone. These holes are located near the historical Solo Joker mine shaft along with multiple small prospect pits positioned atop a large rhyolitic flow dome. This intrusive feature is in structural contact with strongly altered dolomite basement rock and has been largely unexplored with modern techniques with only two historical drill holes in the area. All indications of a structurally complex area with deep plumbing features seen at surface as well as in geophysical data indicate a prime prospective area for extending mineralization starting from surface. Drill holes AT26SP-58 and AT26SP-63 to the southwest of holes AT26SP-61 and AT26SP-62 both intersected the same oxide mineralization slightly deeper, in both dolomitic basement rock and mineralized intrusives with abundant quartz veining. This suggests strong hydrothermal activity and favourable structure an additional 300 metres southwest, resulting in a largely unexplored footprint 650 metres southwest of the main SPE area, beneath post-mineral cover. New Risk • Apr 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$11m net loss next year). Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (CA$112.9m market cap, or US$82.6m). New Risk • Apr 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$11m net loss next year). Share price has been volatile over the past 3 months (18% average weekly change). Market cap is less than US$100m (CA$110.4m market cap, or US$80.6m). Ankündigung • Apr 12
Nevada King Gold Corp. announced that it has received CAD 16.325353 million in funding from Centerra Gold Inc. and other investors. On April 10, 2026, the Nevada King Gold Corp closed the transaction Ankündigung • Mar 25
Nevada King Gold Corp. announced that it expects to receive CAD 16 million in funding from Centerra Gold Inc. and other investors. Nevada King Gold Corp. announced that it has entered into a subscription agreement with Centerra Gold Inc. for a non-brokered private placement of 76,190,476 common shares at a price of CAD 0.21 for gross proceeds of CAD 15,999,999.96 on March 24, 2026. Centerra Gold Inc. will acquire 9.9% of the issued and outstanding Common Shares matching the 20-day VWAP of the Common Shares on the TSX Venture Exchange, for anticipated gross proceeds of approximately CAD 10,000,000. Both the Chairman of Nevada King, Colin Kettel, and the largest shareholder, Michael Parker, intend to participate in the Financing to maintain their pro-rata ownership positions in the Common Shares, for anticipated gross proceeds of approximately CAD 6,000,000. The Financing is expected to close in the second quarter of 2026, as the Company and Centerra may agree, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the acceptance of the TSX Venture Exchange. The Common Shares will be subject to a four month hold period in Canada. New Risk • Mar 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 18% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$11m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable next year (CA$11m net loss next year). Share price has been volatile over the past 3 months (18% average weekly change). Market cap is less than US$100m (CA$70.0m market cap, or US$50.8m). New Risk • Nov 16
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$13m free cash flow). Revenue is less than US$1m. Minor Risks Currently unprofitable and not forecast to become profitable over next 2 years (CA$12m net loss in 2 years). Market cap is less than US$100m (CA$53.0m market cap, or US$37.8m). Ankündigung • Nov 11
Nevada King Extends Mineralization 150M Along Strike At Silver Park East Nevada King Gold Corp. announced results for the remaining 10 holes at its Silver Park East target from the Phase III drill program. Silver Park East ("SPE") is located 2km west of the Atlanta Resource Zone ("ARZ"), within the Company's 13,000 hectare (130km2), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. Drill results released confirm gold and silver mineralization over a 450m by 300m footprint, with a strike extension of 150m, and clear expansion potential demonstrated by an untested 270m gap to the southeast. Continuity and scale of mineralization suggest SPE may represent a new satellite oxide gold and silver zone. Notable intervals from reconnaissance drilling at SPE include 0.25 g/t AuEq over 70.1m in AT25SP-41 and 0.30 g/t Au Eq over 41.1m in AT25 SPE-37. Hole AT25SP-36 intercepted 1.60 g/t AuEq Over 4.6m which is part of an 86.8m interval consisting of three separate mineralized horizons starting at 35m depth that taken together average 0.53 g/t AuEq across 22.9m. Mineralization at SPE remains open to expansion to the east and to the south and is hosted within the same dolomite host rocks at the unconformity and shows the same geochemical signatures as the ARZ, indicating a shared mineralizing system. Phase III Update: The Company has now completed 28,000m of the planned 30,000m Phase III regional exploration program. Assays for 7,815m are pending release and assay. QA/QC Protocols: All Reverse Circulation (RC) samples from the Atlanta Project are split at the drill site and placed in cloth and plastic bags utilizing a nominal 2kg sample weight. CRF standards, blanks, and duplicates are inserted into the sample stream on-site on a one-in-twenty sample basis, meaning all three inserts are included in each 20-sample group. Samples are shipped by a sample stream. Samples are shipped by AT25SP-36. Ankündigung • Aug 19
Nevada King Gold Corp. Intersects 0.83 G/T AuEq over 67 Meters with 260M Step Out at Silver Park Nevada King Gold Corp. provided an update on its Phase III regional drill program including results from 46 reverse-circulation ("RC") drill holes across all three major regional, district-scale targets, including Silver Park, Atlanta South, and Atlanta North. All targets are within the Company's 13,000 hectare (130km2), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. Drilling is ongoing, having completed 23,000m of the 30,000m planned for the Phase III regional drill program. Highlights: Drilling at Silver Park East ("SPE") intercepted 0.83 g/t AuEq (0.55 g/t Au and 24.2 g/t Ag) over 67.1m in hole AT25SP-32, 260m east of hole AT25SP-21 (0.47/t AuEq over 92m across three separate mineralized horizons, released May 1, 2025). AuEq based on USD 2,200/oz Au and USD 25.00/oz Ag, as applied in resource estimate. Located 4km north of the ARZ, preliminary data from seven widely spaced drill holes at Atlanta North reveal the presence of anomalous gold mineralization within altered basement dolomite beds. Starting at 37m depth, hole AT25FN-6 encountered 36.6 meters of 0.28 g/t Au, found in both silicified dolomite with quartz veining and strongly decalcified dolomite, which is very similar to dolomite-hosted mineralization within the ARZ and at SPE. Historical drill holes located 3km south of AT25FN-6 at the southern end of the Atlanta North Target intersected 0.88 g/t Au over 10.7 meters (Golden Chief, 1996) and 0.54 g/t Au over 6.1 meters drilled by Goldfields in 1991. Mineralization occurs at the Tertiary-Paleozoic unconformity and extends downward into the dolomite basement, very similar to what is seen at SPE. With drill holes showing significant gold mineralization at either end of the Atlanta North target, the 3km untested gap between both sets of holes shows promise for yielding additional mineralization. CSAMT data suggests the target corresponds to a graben, which is the type of structure that concentrated and preserved gold mineralization within the AR Z and at Silver Park. Abrupt increases in both grade and thickness are evident going into the Silver Park East and West grabens from the Silver Park horst block. Heading further westward from AT25SP-1, additional grabens indicated by the CSAMT data will be drill tested starting next month. In the Jumbo target both mineralization thickness and grade increase westward toward the western fault margin of the East Valley Graben, which serves to focus attention along this structural boundary both within the Jumbo and Atlanta North targets. Assay results for rock samples collected along the Bradshaw Spring Graben boundary were recently received, showing anomalous Au-As-Mo in quartz veins hosted in silicified Pogonip and strongly altered intrusive dacite, with gold values ranging up to 0.59 g/t. This area was never previously explored, and new sample data now indicates potential for a paleosurface CTD target along this contact. Most of these new gold occurrences were not historically explored, or if a previous operator did do some drilling in the vicinity, they largely concentrated on what is expected to be drill tested. Board Change • Jul 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Director Bill Hayden was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
