Nevada King Gold Corp. announced exciting assay results from a recent drilling program at its Atlanta Gold Mine Project, showcasing a significant gold intercept in intrusive rocks at the South Quartzite Ridge Target. The hole intersected 6.28 g/t Au over 54.9m, indicating the potential for extensive new target areas. The mineralization, hosted entirely by intrusive rocks, extends under the South Quartzite Ridge, opening up further exploration opportunities. The presence of consistent high-grade gold mineralization in the intrusive host suggests a strong gold system, with the potential for blind mineralization beneath the impermeable quartzite cap. This discovery enhances the potential for extending the Atlanta resource zone into the expansive SQRT, which aligns with major faults controlling the mineralizing fluids. The quartzite cap above the mineralized zone acts as a trap for gold-bearing fluids, concentrating mineralization along the anticline’s axial portion. This discovery suggests the presence of a significant mineralized body that has never been drill-tested due to its impermeable nature. The high-grade mineralization in the intrusive rocks points to the potential for a significant gold system akin to other major mines in Nevada. The SQRT remains an exciting, undrilled target area with substantial exploration potential. These recent results highlight the promising opportunities for further exploration and development at the Atlanta Gold Mine Project.
Source
Photo credit www.prnewswire.com