Nevada King Gold Corp (CVE: NKG) (OTCMKTS: NKGFF) has received approval for a third modification to its Plan of Operations at the Atlanta Gold Mine Project in Nevada. The Bureau of Land Management and the State of Nevada cleared the modification, which adds 93 new drill sites across the property. This approval builds on two earlier modifications granted in October 2024 and February 2025.
The Atlanta Gold Mine Project covers 13,000 hectares, equal to 130 square kilometres, and lies 264 kilometres northeast of Las Vegas. Nevada King owns the project outright and continues to expand its exploration footprint on the Battle Mountain Trend. The company can now drill on new targets developed from recent exploration, geophysics, rock chip sampling, and better structural geology models.
Chief executive officer John Sclodnick said the approval represents another milestone in the company’s Phase III exploration program. The new drill sites focus on Silver Park and Atlanta South, with additional permitted sites at Atlanta North. He also thanked the BLM and State of Nevada for their continued support.
So far, Nevada King has drilled 99 holes covering 23,000 meters of its Phase III program. The company’s plan calls for 30,000 meters in total, with drilling still underway at the site. Assay results are expected soon.
Furthermore, the expanded permit strengthens Nevada King’s ability to test advanced targets. In addition, it highlights the company’s steady progress in securing approvals. Meanwhile, the exploration work demonstrates management’s commitment to unlocking the potential of the Atlanta property. With further drilling now possible, Nevada King is positioned to advance its understanding of the project and deliver results to shareholders.
Read more: NevGold closes its Nutmeg Mountain acquisition with Goldmining for $3 million
Read more: NevGold’s long intervals of antimony & gold mineralization turn heads
Nevada offers rich deposits and low political risk
Nevada remains one of the world’s top jurisdictions for gold exploration and production. The state offers investors and producers stable regulations, strong infrastructure, and a long mining history. Companies benefit from clear permitting pathways, skilled labour, and access to power and water. Investors also gain confidence from Nevada’s established mining culture and consistent output. The combination of rich deposits and low political risk makes the state a reliable choice for capital.
Gold producers continue to expand projects across Nevada’s prolific trends. Additionally, the Battle Mountain, Carlin, and Cortez districts host some of the largest deposits in North America. The geology supports both large-scale operations and smaller exploration projects. Furthermore, Nevada’s tax regime and supportive state policies create an environment that encourages investment. For many, the jurisdiction offers a unique balance of resource potential and operational certainty.
Several companies anchor Nevada’s mining scene. Barrick Mining Corp (TSE: ABX) (NYSE: B) operates within the massive Nevada Gold Mines joint venture with Newmont Corporation (TSE: NGT) (NYSE: NEM) (FRA: NMM), one of the largest gold-producing complexes globally.
In addition, NevGold Corp (CVE: NAU) (OTCMKTS: NAUFF) (FRA: 5E50) advances its Limousine Butte project, aiming to define near-surface oxide resources in a proven gold belt. These companies, along with many juniors, reflect the spectrum of activity from exploration to production.
Meanwhile, investors see Nevada as both a growth and stability play. New discoveries can offer strong upside, while existing mines generate dependable output. The state’s track record of resource development also assures investors of long-term viability. With favorable geology, supportive regulation, and proven producers, Nevada delivers value to both seasoned miners and individual investors alike.
.
NevGold Corp is a sponsor of Mugglehead news coverage
.
