Nevada King Gold Corp. announced results from seven vertical, reverse circulation holes completed in the northern portion of the West Atlanta Graben Zone ("WAGZ") at its 5,166 hectare (51.6km2), 100% owned Atlanta Gold Mine Project, located in the prolific Battle Mountain Trend 264km northeast of Las Vegas, Nevada. Highlights: Hole No., From (m), To (m), Interval (m), Au (g/t), Ag (g/t), AT23WS-62, 291.1, 332.2, 41.1, 6.05, 25.0, Includes, 294.1, 301.8, 7.6, 19.44, 21.6, AT23WS-45, 263.7, 624.7, 61.0, 3.52, 15.7, Includes, 280.5, 291.2, 10.7, 7.55, 36.3. "Drilling is now underway north of today's holes and is oriented to potentially connect the northern end of the WAGZ with the southern end of the NET.

If successful, connecting these zones would significantly enlarge a growing mineralized area at Atlanta that is located well north of the existing Gustavson 2020 resource boundary. Concurrently, on-going exploratory drilling continues to concentrate on further expansion of the resource zone together with upgrading of Au/Ag mineralization along major structures and at structural intersections along the AMFZ and within the WAGZ." All 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.

The Atlanta Mine is a historical gold-silver producer with a NI 43-101 compliant pit-constrained resource of 460,000 oz Au in the measured and indicated category (11.0M tonnes at 1.3 g/t) plus an inferred resource of 142,000 oz Au (5.3M tonnes at 0.83 g/t). See the NI 43-101 Technical Report on Resources titled "Atlanta Property, Lincoln County, NV" with an effective date of October 6, 2020, and a report of December 22, 2020, as prepared by Gustavson Associates and filed under the Company's profile on SEDAR+. Resource Category, Tonnes (000s), Au Grade (ppm), Contained Ag Oz, Measured, 4,130, 1.51, 200,000, 14.0, 1,860,000, Indicated, 6,910, 1.17, 260,000, 10.6, 2,360,000, Measured + Indicated, 11.6, 1.3 g/t), 1.17, 2, 360,000, Measured+ Indicated, 11.7, 10.7, 7,7, 7.55, 6.55, 36.3, 36.3.